Survey: Gauging Real Estate Professional Perceptions of AI

While AI adoption is accelerating, gauging current perceptions among real estate professionals can help developers craft solutions suited to market needs. Surveying agents at an industry conference, 46% see AI as an opportunity to enhance productivity but 31% view it as a threat to traditional practices. 67% express concerns about overreliance on black box systems versus human expertise. However, 76% are interested in AI tools that can compile reporting data and automate descriptions or valuations to reduce repetitive work.

Interest is strongest in prescriptive models offering insights versus taking full autonomous actions. Privacy and fairness concerns also abound. Many emphasize AI should aim to augment professionals, not replace them. Ongoing training and collaboration will likely be required to align developer and practitioner mindsets. But overall, professionals seem receptive to specific AI tools that can improve existing workflows. The technology appears less welcome when perceived as a force for radical displacement rather than targeted augmentation.

Generative AI In Real Estate Market: https://marketresearch.biz/report/generative-ai-in-real-estate/