Using Mobile Dashboards to Track Real Estate Brokers Productivity

Applications, Opportunities and Challenges of AI in the Real Estate Sector

“…The authors in [42] conducted a study in which they apply ML methodologies to identify investment opportunities according to the value of RE appreciation. Analyses are made at two different levels: fine-scale point level ( 1) and aggregated neighborhood level (2). In (1), a comparison is made between a multiple LR approach and a gradient boosting machine (GBM) approach with decision trees.…”

“…The crisis, caused by factors such as subprime mortgages, predatory lending practices, and insufficient regulation, led to widespread job losses, bankruptcies, and a substantial economic recession . In response to this turmoil and to renew confidence in the RE sector [2], there has been a substantial shift towards digital transformation and the adoption of technology across the entire value chain [3], [4]. This shift is evidenced by the proliferation of "proptech" startups, a term for companies that combine property with technology, which have been increasingly embraced in the RE industry [5].…”

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