Using AI To Harness Collective Intelligence In Commercial Real Estate

Posted by Staff Reporter on Jul 26, 2019 03:50 AM EDT
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Using AI To Harness Collective Intelligence In Commercial Real Estate (Photo : pexels)

Historically, commercial real estate (CRE) intelligence has been passed down from person to person, either through a brokerage company or a corporate structure. While this seems to be working for now, the future I see for the CRE industry includes a combination of this human intelligence and technology-based systems.

The blending of these knowledge-based systems is currently being driven by the use of artificial intelligence (AI) systems such as machine learning (ML) and natural language processing (NLP). AI-based systems, when combined with human intelligence, can help propel our business of real estate development and advisory. 

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