Machine Learning in Real Estate- 5 Use Cases

Buying a new property involves both financial risk and emotional quotient. Earlier, people used to spend a lot of time to shortlist and finalize their dream property. But in the era of digitization, the entire process has become highly streamlined, automated and accurate. The real estate business is much more than just a ‘perfect house’ in an exotic location. It deals with huge volumes of data in terms of buyer/seller preferences, financial and risk-taking capabilities, etc. The real estate business is leveraging the power of machine learning to reap tangible benefits. By embracing emerging technological trends the industry is able to cater to the rapidly changing consumer demands.

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