AI-Powered

AI-Powered Property Valuation
Facilitates Informed Decision-Making in Real Estate

Property valuation can make or break real estate investment decisions. Establishing the precise worth of a property is essential for faster lead conversion. Traditionally, firms rely on either manual methods or AI-based tools to assess property value.

AI-driven valuations can reduce errors by up to 30%.

Challenges of Manual Property Valuation Techniques

Traditional property valuation methods are usually labor-intensive, slow, and prone to human error and bias.
A leading real estate marketplace in the US chose manual assessment techniques to calculate property prices. As a result, they struggled to capture the rapidly shifting market dynamics and the current factors influencing property values.

Minor variations in assessments can significantly impact the final estimate

Cost is often estimated by factoring in depreciation, not the current value

Comparative market approach often ignores properties with unique features

Inconsistent manual valuation methods can lead to inaccurate prices

Limited access to real-time market trends for pricing insights

Lengthy appraisal processes can slack off property transactions

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The Solution:
AI-Driven Property Valuation

Let’s circle back to the real estate marketplace’s story. The company implemented a new AI-powered property valuation tool to predict accurate, fast, and reliable estimates based on real-time insights. The AI-driven solution:

Improved the reliability and timeliness of property valuations

Automated mind-numbing processes involved in property appraisal

Reduced unnecessary human intervention, error, and bias in the process

How AI Helps Estimate Property Values

Aggregates data from numerous publicly available and internal sources
Continuously refines the predictive accuracy of AI algorithms using ML techniques
Offers updates in real-time to ensure estimates remain current and relevant

Results of Using AI for Property Valuation

increase in buyer surplus
0 %
increase in seller profits
0 %
increase in total surplus
0 %

Accuracy of AI-Powered Valuation: On-Market Properties

(within 5% of selling price)
0 % of estimates
(within 10% of selling price)
0 % of estimates

Benefits of AI-Driven Property Valuation

Automated data collection from diverse sources

Enhanced speed and accuracy in property valuation

Instant adaptation to changing market trends

Cut operational costs by expediting labor-intensive tasks

Comprehensive report generation helps make informed decisions

Greater trust and transparency in the appraisal process for everyone

Limited human bias and errors by offering in-depth property insights

AI can self-improve based on feedback from appraisers

Future-Proof Your Real Estate Business with AI!

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How Can Fingent Help You With AI-Powered Property Valuation?

As a pioneer in the realm of technological advancements within the real estate industry, Fingent has established unique expertise and significant experience in fostering transformative change in real estate.

Custom software development for AI-based property valuation

Integration of AI property valuation with your existing applications like CRM

ML model development and training to analyze diverse data sources

Scalable AI and ML model development for managing large property portfolios

Simplify paperwork management through AI-based document abstraction

Upgrade your existing valuation system by incorporating AI and analytics

Consulting services to choose the best AI solution for your appraisal needs

Key Takeaways

AI-powered property valuation in real estate:
Revolutionizes the daily workflow of property valuers and real estate professionals
Automates data collection from diverse sources, simplifying information gathering for appraisers
Real estate appraisers get more time to focus on critical analysis and decision-making
Accurate and transparent pricing boosts trust among all parties involved, making the sale process frictionless and fast

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