T
he Real Estate Insiders Unfiltered podcast delves into the intersection of technology and humanity with tech entrepreneurs Rich Swier and Lee Dickson. They explore the potential impact of AI on society, but also focus on its practical applications in real estate. As they discuss, AI is transforming the industry and agents' roles, offering opportunities for those who adapt.
According to Swier, AI will free up humans to focus on more meaningful interactions, making it a path to utopia. He believes that the private sector's drive behind AI growth brings benefits, as free markets balance good and evil. However, he also predicts that AI may replace traditional social media experiences, including Facebook.
For real estate professionals, Swier sees AI as an enabler of human connections rather than a replacement for agents. He suggests embracing AI as a tool to automate routine tasks, allowing agents to focus on what matters most – communicating with clients. To stay ahead, agents must be willing to adapt and leverage AI's potential.
Swier envisions a future where homes are equipped with AI-powered systems that provide detailed information about properties. He proposes that real estate professionals participate in licensing and training these systems, recognizing the vast opportunities this presents for the industry. As Swier notes, the future of real estate data will be an AI model, and those who seize this opportunity will benefit from it.
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Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.