William Skelley: Using iFunding to Democratize Real Estate

William Skelley addressed the demand for accessible real estate investing by co-founding iFunding after working at Bain Capital and receiving his degree in economics. He transformed the real estate investment market by lowering entry barriers, boosting productivity, and opening up real estate investing to a wider audience through the use of technolog

1. Artificial
Intelligence's
Place in the
Real Estate
Industry
William Skelley

2. The real estate market has always been
a dynamic one, influenced by economic,
geographic, and trend variables. The
field has seen a recent entrant in the
form of artificial intelligence (AI). AI is
transforming many industries, and the
real estate industry is no exception.
Artificial Intelligence (AI) is
revolutionizing the processes of
property appraisal and market
forecasting through the development of
sophisticated algorithms and data
analytics.

3. Recognizing AI in Real Estate
Artificial intelligence is the term
used to describe how technology,
particularly computer systems,
can simulate human intelligence
processes. Self-correction,
reasoning, and learning are some
of these processes. AI is used in
the real estate industry to
evaluate large volumes of data,
forecast market trends, and
optimize a variety of procedures.

4. Property Assessment
Property appraisal is one of the
most important uses of AI in real
estate. Property values were
traditionally determined by
combining manual analysis,
appraisals, and market
comparisons. This could be a
laborious process where mistakes
can be made by humans. But
property valuation has improved
in accuracy and efficiency thanks
to AI.

5. Property Investing
Making lucrative selections in real
estate investing has always
required a thorough examination
of a variety of elements. AI has
made it possible to tackle this
problem in innovative ways.
Artificial intelligence (AI) systems
can assist investors in identifying
profitable prospects by evaluating
market trends, property values,
and even particular property
attributes.

6. Improving the Experience for
Customers
In addition to market forecasts
and valuations, artificial
intelligence is revolutionizing the
real estate client experience.
Chatbots and virtual assistants
driven by artificial intelligence
have the capacity to instantly
respond to inquiries from
prospective tenants and buyers.
These tools are capable of doing a
variety of jobs, such as arranging
for property tours and responding
to inquiries regarding listings.

7. Thank You
For Attention
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