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AI and REI
Hey,
I'm curious about how people are using AI to create efficiencies in their REI businesses. Have you found it helpful? What are the pros and cons?
Thanks!
Quote from @Joe Villeneuve:
This should be good.
I can't find anything about people successfully using AI yet. My thought is that the people that ARE using it for lead gen/outreach, automation etc. will keep the methods to themselves until the advantage of early adoption is done and that business segment is saturated, then they will sell courses to everybody else..
I do an AI for REI seminar and just discovered a new tool I'll likely test out soon. It's by a company called Stonefeather Marketing and automates audience building on FB. Grow your network in your sleep. We'll see how it goes. Looks super promising for those staying up late on FB a few nights a week.
Another favorite I'll be using is gotolstoy dot com. Automated FAQ videos to cut down on repetitive conversations. It won't close for you but should make you more efficient.
We are building a real estate AI platform that specializes in analyzing disclosure packets of hundreds of pages and generating concise single report of important findings.
Quote from @Varinder Saini:
We are building a real estate AI platform that specializes in analyzing disclosure packets of hundreds of pages and generating concise single report of important findings.
Varinder - I'd be interested to learn more.
Quote from @Theresa Holl:
Quote from @Varinder Saini:
We are building a real estate AI platform that specializes in analyzing disclosure packets of hundreds of pages and generating concise single report of important findings.
Varinder - I'd be interested to learn more.
Just saw your DM!
AI tip 2: a friend of mine wrote an app (beta) for landlords to market themselves on a regular basis by soliciting reviews from tenants. So rather than just market suddenly for 60 days when a property opens up, you're developing your personal brand all the time. Rather than a tenant telling you over a text how great you are, they go on this app and tell the world. So it's like a tech tool for marketing yourself that works constantly.
Shuk Rental Marketplace is the app.
AI will revolutionize every industry. If people do not adopt it they will be left behind. The rate the intelligence is growing is out of this world. I believe in five years life will look differently. There are several courses online, but before paying a dime it would be helpful to watch the several videos on YOUTUBE on giving prompts. You can be as creative as you can imagine. I view it as instant leverage.
Quote from @John Ojo:Prompt engineering is an art. Lots to study there.
AI will revolutionize every industry. If people do not adopt it they will be left behind. The rate the intelligence is growing is out of this world. I believe in five years life will look differently. There are several courses online, but before paying a dime it would be helpful to watch the several videos on YOUTUBE on giving prompts. You can be as creative as you can imagine. I view it as instant leverage.
Quote from @Lawrence Rutkowski:
I can't find anything about people successfully using AI yet. My thought is that the people that ARE using it for lead gen/outreach, automation etc. will keep the methods to themselves until the advantage of early adoption is done and that business segment is saturated, then they will sell courses to everybody else..
A.I. in R.E. is not yet perfect. But makes a big impact. especially on missing a call. when i have a missed call A.I automatically replies like any human does. so leads won't go to waste. I'm using a software that runs on A.I. helps me capture organic leads, automation, my socials, A.i. follow up and has it's own crm. For the last 6 months I've closed 5 deals. and 2 of them are from the leads captured from the software.
I'm developing an AI-enabled analysis and lead generation tool for REI. I'd love some help additional set of eyes or insight on features and capabilities.
Quote from @Senen anthony Virocel:
Quote from @Lawrence Rutkowski:
I can't find anything about people successfully using AI yet. My thought is that the people that ARE using it for lead gen/outreach, automation etc. will keep the methods to themselves until the advantage of early adoption is done and that business segment is saturated, then they will sell courses to everybody else..
A.I. in R.E. is not yet perfect. But makes a big impact. especially on missing a call. when i have a missed call A.I automatically replies like any human does. so leads won't go to waste. I'm using a software that runs on A.I. helps me capture organic leads, automation, my socials, A.i. follow up and has it's own crm. For the last 6 months I've closed 5 deals. and 2 of them are from the leads captured from the software.
What is the software called?
I like the potential of AI to streamline our real estate investment processes. The advanced analytics and insights AI can provide are invaluable, offering us data-driven guidance and uncovering trends that might otherwise go unnoticed. It's important to remember that all the analytics in the world cannot replace the human touch. Data can only take us so far. Your expertise, experience, and intuition in real estate play a crucial role in making a good deal happen. The understanding you bring to each transaction, the ability to read between the lines, and the personal connections you forge are irreplaceable elements that complement the analytical power of AI.