Remember being completely overwhelmed by spreadsheets, desperately trying to make sense of a HUGE pile of data? I’ve been there. I’m thinking of one deal, in particular, where I spent DAYS manually putting together property info, market trends, and financial predictions. It took forever, and I could have spent that time meeting people and actually closing deals. That’s when I knew there had to be a better way. I literally facepalmed. Has that every happened where you think “There HAS to be a better way?”. And here is a little spoiler for you, there is, it’s called Realmo.
That’s where Artificial Intelligence (AI) comes in. AI isn’t some sci-fi fantasy anymore. The tech is here and now, and is changing the commercial real estate market; plain and simple. We’re talking about things becoming WAY more efficient, making smarter decisions, and even inventing brand new ways to make money. I’m talking total digital transformation. Throughout this article, I’m going to show you exactly how it’s possible. Are you ready to see how AI can completely change how you approach commercial real estate? Let’s dive in here.
What’s Up With CRE Digital Platforms Today?
It’s Time to Toss the Old CRE Software
For years, those of us in commercial real estate have been using all kinds of different digital tools, each for a specific purpose. We’re talking about Client Relationship Management (CRM) systems for managing clients, property management software for keeping track of leases and maintenance, and spreadsheet programs for doing financial analysis. Now, these tools dosome good, but they often keep data locked up separately. That means we’re stuck manually moving information between systems, wasting hours on data entry, which leads to greater mistakes. The data mistakes are even an bigger issue: and these systems don’t give us what it take to guess all of these changes and MAKE the best smart plans.
It is Time to DO Better
In today’s super competitive CRE market, just managing data isn’t enough. We need tounderstand it, be able topredict what it means for our investments, andreact quickly and accurately. The old systems just aren’t cutting it anymore. Data that’s siloed prevent you from seeing all of the market trends, manual processes are a waste of time, and you can’t predict opportunities or reduce risks. I’ve seen this firsthand. SO many clients came to me, getting frustrated using their outdated platform. That inspired me to seek what is new! And AI? That is IT.
AI 101 for CRE People
Core AI Concepts
Let’s break down some common ideas behind AI, just to provide a look down into its value and what will make this work!:
- Machine Teach – “Make a Computer Teach Itself”:: Make the PCs all know data BUT give effort. Sales, markets, all the trends all come to the PC.
- Know Speech – This is how PCs are aware and process speech: Can be used with hundreds of documents to assist.
- PC View – The PC can “SEE”: Photos of the area lead to a solid viewing. 360 view, as well!
Info is KEY (and Must Be SOLID)
A key to make all this occur: All is what you give it so data points MUST be good. As a PC the details you put makes a good plan IF they are on POINT. The egg or flour with taste good and be new! Even spending energy on the DATA means new great work. That data is KEY to all things!!
How AI Transforms CRE: Key Moves
AI Helps Manage Properties Like a Boss
AI is transforming property management to great work. NOT Just for tasks! With the tools it is NOW something of reality and one example: Change the PCs as something breaks so time is solid AND all lessens since they can all see. AI aids with gathering and the renewing, it lets PCs watch the interactions; and chat tools aid to get all you wanna get since all goes around a solid path. So get new habits for your team, too!!
Can You Afford To Make An Investment? AI is Great!
AI saves so many things! It is hard labor and it is FAST. See. That is why the edge will come. The data lets all see the work is being sought. A PC aids you in all walks of life!. I make what I can to push this and its an investment that must work for YOU since it can seek a high profit!. As someone said here”That Investment MUST work.”
Make Clients Happy with AI
In the world we know NOW you want the client’s voice heard!! AI has tools. The PC aides great answers for what all wanna see, if they are able to view the home AND tell that PCs ask leads that MAY follow for the clients!! The client gets it correct which means it saves so much time! AND A MORE BETTER LIFE!!
Hiccups: How To Keep From Getting Derailed
What DO I Need To Be Aware Of
So something must go on; but what happens is this must be known: If you mess with these moves you might face the fact that you may “never win.” And this can be BAD to all. You also want a solid group. In other wordsnever allow others to bring the ship down!.
Just How Can I Get From That Problem?
The win is here. We make sure to see WHAT we get and use all the “power to see”. Make sure it works too!! Use what is small at first; and not the MOST since something is gonna change. ALSO use the data that must get placed and what must work so the goal works. So go AI… JUST MAKE A DECENT PLAN WITH IT!
All is What Must Occur As We Wait
Those to keep thoughts of.
What is being heard IS linked to just what we have. So those are the things to recall. Smart PCs – Smart pcs do those testings routinely or allow solid efforts such as security. The edge – To keep facts close so all occurs quick if not all. AI BLOCK- The block is a data for all that is seen so great efforts ALL must SEE. There has to be all that is new so go with news that others see so you keep with all.
How This Must Aid The TEAM
The team must keep some ethics so it is great to use AI or all new things: What we get and use is all known for rights. Bias can be a bad key! And job MUST be okay, but we can change PCs with folks instead of the reverse so the human’s goal can continue and AI makes this REAL for all and saves those humans!!!!! By doing RIGHT the wins MUST show to those firms.
All The Thoughts Are . . .
What AI MUST Do has now told you. So you can learn this tool or learn any the tool that works you is great since AI makes you see the keys of winning. “This NEW WILL ONLY COME SINCE CRE WANTS WHAT IS THE PATH.”
Now you have time to test it so all will be good, the way to do this is make sure from the things said all has the new work.Please ask any isssues since I want to AID so this can start a more simple path for CRE!!
