Shulou(Shulou.com)11/24 Report--

January 29 news, artificial intelligence chat robot ChatGPT since its release, has caused a craze. The real estate industry uses it to automatically generate house descriptions, answer customer questions or calculate repayment amounts. Many real estate agents even say they can't imagine working without ChatGPT right now.

When real estate agents promote houses online, they often need to rack their brains to introduce the housing situation and highlight the selling points such as "ideal entertainment facilities" and "plenty of room to relax".

Now that OpenAI's artificial intelligence chat robot ChatGPT can help them do so, real estate agent JJ Johnannes (JJ Johannes) has tasted the benefits. He only needs to type in a few keywords, and ChatGPT created a description of the housing situation in less than five seconds. Otherwise, Johnannes said, it would take him more than an hour to finish it.

"it saves me a lot of time," Johnannes said, adding that she fine-tuned and retouched the description generated by ChatGPT before publishing the listing. "it's not perfect, but it's a good starting point," he said. "my background is experience and technology, and it takes time to write something convincing. ChatGPT makes everything much easier."

Since OpenAI publicly released ChatGPT at the end of November last year, Johnannes has been one of many real estate agents trying out related functions. Many real estate agents say ChatGPT has changed the way they write about listings, post ads on social media and draft legal documents on home sales. ChatGPT can also be used to automate repetitive tasks, such as answering frequently asked questions from customers or performing complex calculations.

ChatGPT uses a large amount of online data for training to automatically generate response content according to the questions raised by users. Many of its original articles, stories, lyrics and abstracts of research papers have even fooled some scientists. Some corporate executives use ChatGPT to write emails or do accounting work, and ChatGPT even passed an Ivy League exam. However, this powerful artificial intelligence also worries many people, because students may use ChatGPT to cheat and lead to inaccurate data cited in the paper.

From publishing to the legal profession, ChatGPT has sparked a wave of discussion in less than two months. As far as the real estate industry is concerned, the emergence of ChatGPT has had a great impact on the way many real estate agents work. Real estate agents usually have to do a lot of time-consuming procedural paperwork, and now many people can't imagine how they would work without ChatGPT.

"I've been using it for more than a month," said Andries Andres Asion, an agent at Miami Real Estate Group in Miami, referring to ChatGPT. "I don't remember anything that amazed me last time."

"fascinated as soon as I tried." recently, a client asked Asong a question: the woman had just moved into a new house and found that the window wouldn't open. For months, she has been trying to contact the developer, but received no response. A Song checked her email and asked ChatGPT to rewrite it, emphasizing the issue of responsibility.

"ChatGPT wrote this woman's complaint as a legal issue, and the developer immediately came to deal with it," Asong said. "

Asong also uses ChatGPT to draft legally binding appendices and other documents and submit them to lawyers for approval. "I fine-tune drafts with ChatGPT," he said. "sometimes I ask ChatGPT to make the content shorter or more interesting, and it will give you a lot of samples to select and edit."

ChatGPT is currently free, but there are reports that OpenAI is considering charging users $42 a month. "it's not a problem," Mr. Asong said, and he is sure to pay for it. "I'm willing to pay $100 or $200 a year for something like this," he said. "if I don't, I'll be crazy."

Frank Frank Trelles, a commercial real estate agent at State Street Realty in Miami, says he will also pay to continue to use the tool, and ChatGPT has affected the way he does business. "I was fascinated as soon as I tried," Treles said. "I signed up and thought it would cost at least $100 a month, but it turned out to be free. There is nothing free in the world, which makes me a little nervous."

Treles uses ChatGPT to find permitted uses of some land in the Miami area and to calculate customers' mortgage repayment plans or return on investment, which usually involves formulas and mortgage calculators.

"I can sit in the car and talk to my clients if they ask me what the monthly mortgage payments are," Mr Treles said. "I can just ask ChatGPT how much it will take to repay a $14 million mortgage in 25 years at an interest rate of 7.2 per cent, and it will give me the result in two seconds. ChatGPT will also explain how it got the answer. It's a miracle.

There are many potential and limitations, but ChatGPT also has some limitations. For example, ChatGPT has encountered difficulties in some basic arithmetic. But Treles says ChatGPT is very helpful in estimating dynamic approximations, and he doesn't need particularly accurate numbers.

Serge Reda, a commercial real estate executive and adjunct professor at the Fordham Institute of Real Estate (Fordham real estate Institute), says some of the use cases of ChatGPT are indeed better. It can help real estate agents save more time in writing lists of housing facilities or responding to customer questions, but Rida admits that replying to customers through automated tools may not be the best strategy. because it usually takes one customer to negotiate a clue and close a deal.

"now everyone can use ChatGPT because it's free, and they can experience how this powerful tool works," Rida said. "but there are certainly significant limitations."

Although ChatGPT has caused a wave of craze among real estate agents, the integration of artificial intelligence into the real estate industry is not entirely new. Real estate website Zillow, for example, is already using artificial intelligence to make 3D drawings, automatically generate floor plans and scan images with Zestimate tools to see if the house has hardwood floors or stainless steel appliances, making the valuation more in line with current market conditions. Earlier this week, Zillow also launched an artificial intelligence feature that allows potential buyers to search for what they want in a more natural language.

Matt Kreamer, a spokesman for Zillow, said innovation in the real estate sector was slow, but "I think we will see more progress soon." Zillow is not too worried about real estate agents using ChatGPT to simplify existing jobs and save time, he said.

"We are not promoting or being wary of ChatGPT, but are interested in how it is used and are concerned about it," Kremer said. "

Although it is too early to say whether artificial intelligence tools will become the mainstream of the real estate industry, real estate agent Johnannes believes that artificial intelligence will change his real estate industry and other industries in general.

"maybe not ChatGPT," Johnannes said, "but I believe some form of artificial intelligence will become an important part of our work and life."

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.