The Artificial Intelligence Estate Agent

AI in estate agency

Can we really progress past the conventional high street estate agency practise with their senior valuators and negotiators, listing loaded window displays and present on Rightmove or Zoopla – Each and all today are of “Have mobile phone will travel” material.

Despite attempts from sell it yourself to online estate agency concepts the industry remains relatively unscathed, a trade dating back to at least the early 1800’s and going strong still today. Progress is slowly filtering through, especially since the invention of the internet and mobile gadgets so that systems are streamlined and innovation embraced.

Is it though possible that the conventional Mr or Mrs Estate Agent could be replaced anytime soon?

As the estate agency industry embraces more #proptech then the overall management of the practice is reduced. The more investment in to, at times costly, systems enables estate agents more time to put towards building their brands / business over the day to day management of the sales / lettings process – bookings, repairs and maintenance, tenant screening, valuations all become automated processes. I am not saying that this is a simple process to become automated, it takes a good deal of research, time and money so to get in to order and in to practise the varied offerings to make things tick over nicely.

A recent few articles I read up on include the talk of AI (Artificial Intelligence) coming in to parts of estate agency, namely the viewing process. Whereas a mini robotic vacuum cleaner making its way across your living room or that of a robot mower covering the garden lawn, are we about to go from human to a robotic negotiator, or more precisely a fully automatic team colleague Sam?

KAMPMEYER Immobilien

 

Sam is the first sightseeing robot to be used in Germany. It turns viewings into a time-saving computer game: you can send Sam live through all the rooms of a property from your PC, smartphone or tablet and take a close look at everything without being there yourself. Evaluate with Sam if the property suits you.

So an negotiator can take people on a face to face tour of a property or get themselves innovative and provide a live tour and stream it via their video taken on their mobile phone. It could be soon stand aside dear negotiator and make way for Sam where clients can book in a live slots for a virtual tour remotely remoting the robot around rooms to make it feel as if you were there in person.

Is this just a step too far though, are we creating solutions for problems that aren’t really needed? Are we taking away the charm and the comfort of dealing with estate agents face to face? Are we soon to progress to AI within actual estate agency offices, meeting a robot at the door to take down your details and booking you in to see Sam?

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Rightmove asks government to consider retaining first-time buyer stamp duty threshold

New analysis shows only 37% of homes for sale will be eligible for first-time buyer stamp duty relief in England come next April, down from 58% of homes that are currently eligible Currently, a first-time buyer pays no stamp duty on properties up to £425,000, but this is due to drop back to £300,000 from…
Read More
Estate Agent Talk

5 Steps to Becoming the Best Estate Agent in Your Town

Are you passionate about your estate agency and want to become the most noted estate agency in your local area? Finding a family their dream home can feel like the greatest accomplishment, and can be extremely rewarding. In order to become the best estate agent in town, here are some top tips for success. 1.…
Read More
Breaking News

Breaking Property News – 25/07/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Latest property data trust framework helps digitise conveyancing The Open Property Data Association (OPDA) has released the newest version of its property data trust framework which, among other benefits, will help key conveyancing information to be provided digitally. It will be easier for consumers to…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker

Matt Smith, Rightmove’s mortgage expert said: “We’ve seen average mortgage rates drop at a pace not seen for a while this week, faster than many expected as lender competition hots up. The first sub 4% rate for those with larger deposits and prepared to pay a higher fee is the headline-grabber, but we’ve also seen…
Read More
Coastal and sea front property
Estate Agent Talk

Why You Should Invest in Herne Bay Property

Herne Bay, a charming coastal town in Kent, is fast becoming a hotspot for property investment. With its picturesque seafront, vibrant community, and excellent transport links, Herne Bay offers a wealth of opportunities for property investors. If you are considering a property investment and looking for estate agents in Herne Bay to guide you through…
Read More
Breaking News

Breaking Property News – 24/07/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   The recent UK election, with a new Labour government, is set to have significant implications for lettings. As housing is a devolved matter in Wales, local governance and devolution will play a crucial role in shaping this sector. Williams & Goodwin The Property People,…
Read More