AI Real Estate is the first free-to-use AI-powered real estate agent designed to help individuals and real estate professionals make informed decisions in the competitive and complex worlds of residential and commercial real estate.
The tool is a state-of-the-art technology AI tool powered by ChatGPT that provides free information, insight, and advice on a vast range of real estate-related topics. With a click of a button users can access accurate pricing recommendations, neighborhood guides, predict property appreciation and more.
AI Real Estate has been created by Storefront, the world’s leading online marketplace for commercial real estate, via OpenAI to analyze vast amounts of data, including market trends, rental values, and buyer or tenant preferences.
Mohamed Haouache , CEO and co-founder of Storefront, said: “We are thrilled to introduce our free AI Real Estate agent for both residential, industrial and commercial real estate to the market. We believe that everyone should have access to accurate and reliable information when it comes to real estate, whether it is for residential, industrial or commercial purposes.
“We initially built AI Real Estate as an internal tool for Storefront employees but we immediately realized we had created something that could really help anyone and everyone involved in real estate.
“At Storefront, we believe that everyone should have the same access to quality information about the real estate industry. All that is required is a little inspiration and support, something we believe this innovative tool delivers.’
AI Real Estate Use cases:
Commercial real estate
- Market analysis: AI Real Estate can provide insights into the local commercial real estate market, including trends in property prices, supply and demand, and economic indicators. This information can be used to make informed decisions about buying, selling, or investing in commercial property.
- Property search: AI Real Estate can assist individuals looking for commercial real estate by answering their questions and providing information on available properties. Users can ask AI Real Estate about a specific property, location, or price range and get accurate and up-to-date information.
- Property valuation: AI Real Estate can help commercial property owners determine the current value of their property by analyzing various factors such as location, size, condition, and recent sales data. This can be useful for property owners looking to sell their property or investors seeking to buy property.
- Real estate advice: AI Real Estate can offer advice on a wide range of commercial real estate topics, such as property investment strategies, legal and financial considerations, and property management best practices.
- Language translation: AI Real Estate can assist commercial real estate professionals in communicating with clients from different linguistic backgrounds by providing translations of property-related documents and answering questions in multiple languages.
Residential real estate
- Property search: AI Real Estate can assist individuals looking to buy, rent, or sell property by answering their questions and providing information on the property market. Users can ask AI Real Estate about a specific property, neighborhood, or city and get accurate and up-to-date information.
- Market analysis: AI Real Estate can provide real estate professionals with insights into the local real estate market, including trends in property prices, supply and demand, and economic indicators. This information can be used to make informed decisions about buying, selling, or investing in property.
- Property valuation: AI Real Estate can help property owners determine the current value of their property by analyzing various factors such as location, size, condition, and recent sales data. This can be useful for homeowners looking to sell their property or investors seeking to buy property.
- Real estate advice: AI Real Estate can offer advice on a wide range of real estate topics, such as property investment strategies, legal and financial considerations, and property management best practices.
- Language translation: AI Real Estate can assist real estate professionals in communicating with clients from different linguistic backgrounds by providing translations of property-related documents and answering questions in multiple languages.
