AI is Changing the Real Estate Game: What Investors Need to Know?

How does AI help investors?

AI can analyze large amounts of data to create faster and more accurate Automated Valuation Models (AVMs), helping investors identify potential trades. It is also useful in market analysis and trend forecasting.

AI-powered asset search and screening also makes it easy for brokers and investors to find profitable trades.  

In addition, AI's ability to accurately assess risks and appraise gives investors a clearer view before making decisions.

In the marketing and customer experience space, AI helps create compelling property descriptions, suggest the best prices at the right time, and provide 24/7 support via chatbots.

AI can assist in both project design and development, helping to create innovative designs, streamlined layouts, and simulate different scenarios to save costs.

However, AI requires high-quality data to work effectively, along with initial investment costs. In addition, investors need to understand the technology and be ready to face ethical and privacy issues when using data.

Some AI platforms supporting real estate investment in Vietnam

The first is the AI real estate valuation platform, such as Cenhomes, this software applies Big Data and AI to provide automatic property valuation, helping investors grasp the real value of the market.

AI-integrated Real Estate Management Software (CRM/ERP) provides solutions such as CloudREAL, REESOFT, Vtranet or MGi Proptech are gradually integrating AI to optimize customer and project management, market analysis and trend prediction.

In addition, there are AI Chatbot/Voicebot solutions. Currently, companies such as EM and AI provide chatbots and voicebots specifically for real estate, helping to automate customer care, screen potential customers and increase the rate of closing deals.

The costs for these solutions vary widely, from monthly subscription packages for small businesses to customized solutions for large corporations. Investors can contact the supplier directly for specific advice and quotes.