Real Estate Brokers Now Use ChatGPT for Emails and Property Listings; Experts Claim AI Could Become an Industry Standard

Many realtors have already shared their experiences.

Real Estate Brokers Now Use ChatGPT for Emails, Property Listings; Will AI Become an Industry Standard?
A residential real estate for sale sign is seen as inflation and interest rates increase October 27, 2022, in Washington, DC. (Photo by Brendan Smialowski / AFP) Photo by BRENDAN SMIALOWSKI/AFP via Getty Images

ChatGPT made huge headlines in November 2022 and continues to get more attention from people in different industries. Many users are starting to find numerous ways to take advantage of it.

Aside from marketing, ChatGPT is starting to become popular in the real estate industry as well.

Real Estate Brokers Now Use ChatGPT

According to Business Insider's latest report, realty experts used ChatGPT to write emails and property listings.

Real Estate Brokers Now Use ChatGPT for Emails, Property Listings; Will AI Become an Industry Standard?
A real estate sign is seen at a property in Croydon Park on September 06, 2022 in Sydney, Australia. A rise in cost of living and increased mortgage rates are putting pressure on the Australian housing market, with prices predicted to continue to fall sharply over the coming year. Recent figures from property consultant CoreLogic show the largest monthly decline since 1983, after peaking in April, values are now down by 3.5% nationally. Photo by Lisa Maree Williams/Getty Images

Unsurprisingly, the AI chatbot provided great outputs that satisfied many real estate brokers.

One of them is JJ Johannes, an Iowa realtor. He shared his excitement after ChatGPT helped him save so much time writing property listings.

Although he needed to edit the AI's work, he was still amused by the results.

"It's not perfect but it was a great starting point. My background is in technology, and writing something eloquent takes time. This made it much easier," the realtor shared via CNN Business.

Johannes is just one of the real estate brokers benefiting from ChatGPT's works.

Other residential and commercial agents also shared that the AI chatbot changed how they write listings, publish social media postings, and draft legal documents.

Will AI Become Industry Standard?

As of press time, it is hard to tell if ChatGPT and other AI-powered tools will become the new real estate industry standard.

But, because of the ChatGPT's efficiency, many realtors believe that artificial intelligence could become the new industry standard.

Andres Asion, a Miami real estate broker, said that he would easily pay hundreds of dollars every year for ChatGPT.

You can click here to learn more about the statements shared by realtors after using ChatGPT.

ChatGPT is gaining both negative and positive reactions from many companies and individuals.

Previously, Microsoft said they would invest around $10 billion in the ChatGPT developer, OpenAI.

We also reported about the possible arrival of the new ChatGPT iOS app.

For more news updates about ChatGPT and other new AI chatbots, always keep your tabs open here at TechTimes.

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