Many real estate agents are seeing huge potential in ChatGPT and are experimenting with it.


Many real estate agents are seeing huge potential in ChatGPT and are experimenting with it.

 A real estate agent, JJ Johannes, used ChatGPT to create a description in five seconds to list a house in Cedar Springs, Iowa.

 

  • According to Johannes, he makes a few tweaks and edits to the description, and the task would take at least an hour. 
  • A few commercial and residential agents told CNN that ChatGPT had changed their work from writing listings and social media posts to drafting legal documents. 
  • Commercial real estate executive Serge Reda added that ChatGPT might not be ideal for automating client responses as lead generation and closing deals needs a personalized touch. 
  • Agents use ChatGPT to look up permitted use in certain land and zones and calculate mortgage payments and return on investment for their clients.
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