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How big data and AI are transforming the property industry

From data utilisation to artificial intelligence (AI), technology is ushering in a new era of innovation and efficiency in the property industry, as PropFinder has revealed to API Magazine.

Concept of online real estate agency - 3D rendering
It’s not difficult to imagine a future where the process to purchase property, from research to listings through to negotiations and contracts, is enabled through technology. (Image source: Shutterstock.com)

Today’s digital landscape is rapidly evolving and bringing it a transformation of the property sector.

Big data and AI are reshaping how we buy, sell and use real estate. They simplify property research, streamline buying and improve consumer services.

Self-serve research with algorithms

Traditionally, buyers relied heavily on agents for insights and guidance throughout the property research process. Yet, with the emergence of sophisticated a…

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