How new AI tech is changing the home buying landscape
PARTNER CONTENT: REA Group’s Property News Editor explains how realestate.com.au leverages real-time property data to provide comprehensive information for buyers, renters, and sellers.
The platform has recently launched a range of immersive and AI-powered features. These include virtual walk-throughs for buyers and AI-powered summaries that highlight features to simplify property comparison.
RELATED: REA Group adds free affordability tool to all property listings
REA aims to streamline the property journey, noting that the average search-to-buy process is lengthy, spanning around 40 weeks. Housing is described as a fundamental need, and the platform strives to ease connections between buyers, renters, sellers, landlords, and agents.
For property owners, the site offers greater access to information.
Logged-in users can utilise the online valuation tool, realEstimate, which provides both an indication of property value and key local market insights.
In October, the site attracted more than 13 million Australians. It holds more homes for sale than anywhere else.
REA focuses on supporting Australians through one of the biggest financial decisions of their lives.
Watch the video above for more.
This article is part of the Back Australia series, which is supported by Australian Made, Harvey Norman, Westpac, Bunnings, Coles, TechnologyOne, REA Group, Cadbury, R.M.Williams, Qantas, Vodafone and BHP.
Originally published as How new AI tech is changing the home buying landscape
