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LOBAL LISTINGS, a Miami-based company and portfolio of WORLD PROPERTY MARKETS, has developed its next-generation AI-powered platform, the GLS (Global Listings Service). Founder Michael Gerrity describes it as a game-changer that will revolutionize the property industry.
Unlike traditional MLS platforms, which are often limited to local agents and brokers in America, the GLS will be publicly accessible online, allowing users worldwide to search for properties globally or post tens of millions of listings per month. The platform will operate independently from real estate associations, giving it a unique advantage.
Gerrity aims to reduce the combined customer acquisition costs for property sellers by half within the next decade, which currently stands at around $500 billion annually. The GLS will benefit both buyers and sellers globally, streamlining the property search experience for hundreds of millions of consumers worldwide each month.
Currently, there are over 15 million different listing websites that consumers use to find properties, making it a daunting task. Gerrity compares the GLS project to Elon Musk's bold approach in disrupting industries like automotive and space exploration. With its ambitious goal of revolutionizing the $380 trillion-dollar global property industry, the GLS platform is poised to make a significant impact.
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