Can AI Revolutionize Real Estate?
AI image generators utilize artificial intelligence to generate novel visual content, acting as a phenomenal tool for creating virtual tours of properties. It offers a modern-day solution for real estate agents, virtual reality content developers, and digital marketers who are looking to push boundaries and capitalize on technology-enabled property visualization.
How are Companies Using AI for Real Estate?
One of the prime examples of the role that AI plays in generating virtual real estate tours is evident in the deployment of AI by companies like Zillow and Redfin. These companies have been using machine learning algorithms to create 3D home tours, drastically enhancing the viewing experience of potential buyers and renters.
Juxtapose a traditional real estate approach where you would have been forced to rely on flat photos and descriptions with the burgeoning world of VR tours, where the viewer can thoroughly explore the property as if they were physically there.
Success Stories: AI in Real Estate
Keller Williams Realty, for instance, has managed a major stride in AI application. Their tool, Kelle, uses AI technology to render 3D virtual home tours and AI-image enhancements. By capitalizing on these features, the company experienced a considerable improvement in client conversions and subsequent property sales.
A Look at Best AI Tools for Real Estate
1. Matterport Suite
Allows you to create immersive 3D tours, realistic and interactive rendering, seamless cloud processing. Might be too technically advanced for beginners, relatively expensive.
Price: Starts from $9.99 per month.
Visit Matterport Suite here. Matterport Suite uses AI technology to generate three-dimensional spaces, allowing virtual walkthroughs of properties.
2. Kuula VR
Easy to use, supports high resolution, capable of creating custom virtual tours. Limited free version, premium editing features come at a high price.
Price: Starts from $12 per month.
Try Kuula VR here. Kuula VR specializes in flexible VR tour creation, with built-in image editing tools and a user-friendly interface.
3. Zillow 3D Home
Free to use, simple interface, direct listing on Zillow’s platform. Limited to residential properties, only accessible via smartphones.
Price: Free.
Explore Zillow 3D Home here. Zillow 3D Home integrates AI technology to generate dictating photo sequences, which are then compiled into a smooth, immersive tour.
The Coming Era of AI in Real Estate?
The Future of AI and Virtual Real Estate Tours
The technology of AI image generation continues to evolve, promising to revolutionize the way potential buyers and renters interact with real estate listings. Ten years from now, the real estate sector may look scarcely recognizable. In essence, AI technologies will arrive not only to mimic reality but create a hyper-reality where potential buyers can fully configure and personalize properties in a virtual space.
Could VR Drive Future Real Estate Purchase?
Virtual Reality (VR) will be one of the main drivers of this evolution, with AI algorithms rendering detailed and interactive property visualizations. This could evolve to the point where each virtual tour feels like a personalized, curated experience. Buyers might be even able to manipulate objects within the property, move furniture around, or make renovations to visualize their dream home.
What Lies Ahead for AI and Real Estate?
The potential for AI in real estate is staggering, and although we can speculate from current advancements, it is without a doubt that the traditional ways in which we market and view properties will be forever influenced by AI technology.