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Proptech Pioneers Podcast
Artificial Intelligence and Real Estate with Nathan Brannen
May 10, 2023
Nathan Brannen, CPO at Restb.ai, talks about AI in real estate: current state of data, computer vision in real estate, future of the industry, and improving AI's potential.
53:33
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Quick takeaways
- MLS data is valuable for AI applications and offers opportunities for data access and utilization, including compliance and data enrichment.
- Standardization of MLS data fields, lookups, and dictionaries is crucial for efficient data processing and integration of AI technologies into different MLS systems.
Deep dives
The Value of MLS Data in AI
MLS data is valuable for AI applications because it provides access to structured data that can be used to train models. Compared to many other markets, the MLS data landscape is actually quite good, offering opportunities to access and utilize data for various purposes. This includes compliance, data enrichment, and the ability to populate fields in the MLS system automatically. AI can help automate tasks that would otherwise require manual review, saving time and allowing agents and professionals to focus on more important activities.
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