No doubt you’ve read multiple news items about artificial intelligence and received several emails promoting AI trainings since ChatGPT launched last November.
And many believe that AI technology will start a revolution bigger than anything we’ve experienced in our lifetime, including the internet.
But what is AI really capable of? And how might real estate professionals use it in a meaningful way?
Eric Post has 20 years of experience in the industry, owning both real estate and mortgage brokerages and working in the consulting, coaching and startup space.
Today, he is building a company called Huzi to help small business owners and entrepreneurs leverage artificial intelligence to expand their business.
On this episode of The Portland Real Estate Podcast, Eric joins hosts Joe Fustolo and Steve Nassar to discuss the AI language model known as ChatGPT and describe how it allows us to have conversations with a given data set.
Eric explores real-world applications of AI in real estate, sharing his vision of how we might use AI to improve the client experience and create efficiencies in writing deals and conducting valuations.
Listen in to understand what skills you need to use AI effectively and learn how to leverage ChatGPT to solve problems in your real estate business and do more for your clients than ever before!
What aspect of ChatGPT inspired Eric to build a company around this technology
The difference between a language model like ChatGPT and general intelligence
What skills you need to use AI technology like ChatGPT effectively
Eric’s vision of how we might use AI in real estate to improve the client experience
How what ChatGPT can do is a reflection of your creativity as a user
How AI like ChatGPT allows you to have a conversation with a given data set
The value in leveraging ChatGPT to design your business strategy
What it looks like to be successful using AI as a real estate agent (now and in the future)
How to use ChatGPT AI to build relationships with prospective clients
What kinds of jobs ChatGPT is likely to eliminate and how quickly that might happen
Why ChatGPT is only trained on data through the end of 2021 and when it might be updated
The imminent transition from SEO keyword to AI optimization strategies
How AI might change the way we write real estate deals and do valuations and inspections
Eric’s advice for agents on how to survive in a world built on AI
The real estate product Eric is developing to help agents answer questions with AI
Connect with Eric
Connect with Joe
Connect with Steve
Steve’s Team at Premiere Property Group
Masters in Real Estate Facebook Group
Eric on The Portland Real Estate Podcast EP117
‘ChatGPT for Real Estate Data? It May Be Here Sooner Than You Think’ in Inman
Shoe Dog: A Memoir by the Creator of Nike by Phil Knight