Ирена Петрова
Abstract:Real estate trade and management is a conservative field, hardly responding to innovations in the field of information technology. These innovations are inevitable with the rapid development of technology, the Internet of Things (IoT) and artificial intelligence. The productivity and efficiency of all participants in the real estate market, buyers, sellers and investors, can be greatly improved by using artificial intelligence applications. All processes related to property search, speeding up transactions, 3D views, facilitating the decision-making process, finding potential customers, etc. can be assisted by artificial intelligence. This study presents and analyzes the possibilities of artificial intelligence tools to improve activities specific to real estate markets. The article will also analyze the positive and negative consequences of using artificial intelligence applications.
Key words: real estate; AI; virtual reality; trends.
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