Around the world, AI is reshaping property valuation, enhancing accuracy, efficiency, and reducing errors. In the U.S., companies like Zillow and Redfin are pioneering AI-based automated valuation, while countries like the UK and Japan are also heavily investing in AI application development to support property value predictions and land management.
Hoang Cao Long, CEO of Hoang Son Company, highlights that AI dramatically shortens the valuation process by rapidly processing data and integrating diverse information sources, offering a comprehensive perspective on land value. Furthermore, real-time data updates help investors stay on top of market changes.
However, for AI to reach its full potential, businesses must overcome data quality challenges and ensure transparent processes. Combining advanced tech with clear management systems will be the key to making AI a sustainable tool in real estate.
Source: reatimes.vn
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