The Easy Win AI Real Estate Show By cover art

The Easy Win AI Real Estate Show

By: Dr. Adam Gower
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  • Summary

  • The only podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: • practical guides, • how-to's, and • news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI
    Unless otherwise indicated, all images, content, designs, and recordings © 2023 GowerCrowd. All rights reserved.
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Episodes
  • Can AI Solve the Housing Crisis?

    Can AI Solve the Housing Crisis?
    Jul 23 2024
    My YouTube show/podcast guest this week, Chris Christensen, NAR's Director of Technology Policy, is particularly interesting (not that other shows are not!) because Chris handles ‘policy’ which means much of his daily life is spent on or around The Hill in DC. Though representing the National Association of Realtors, so very much a real estate focus, Chris deals with a broad range of issues pertaining to the implementation of AI – many that go way beyond plain ol’ real estate applications. Watch (or listen) to this episode to hear Chris discussing, through the lens of policy making at the highest levels, (can you discuss something through a lens?), copyright and privacy issues amongst other things, stressing how regulation is evolving to keep up. He talks about how the NAR is actively exploring AI use cases, focusing initially on enhancing internal tools. how AI models streamline data accessibility on the NAR website, aiding in underwriting guidelines, and for member resources. There are some incredibly powerful housing data and predictive analytics that emerge as key areas where AI can provide significant value and Chris explains how NAR members will be able to access this wealth of data. Here are some highlights we discuss: AI in Real Estate: Chris explains how AI can enhance customer experience, streamline operations, and provide competitive advantages to agents who use it. Regulatory Landscape: AI’s impact on bias, copyright, and privacy, and the need for robust regulation. Practical Applications: AI's role in transaction management, zoning, tax policy, and data accessibility on the NAR website. Housing Crisis: AI's potential to improve housing affordability and liquidity (this is a biggy). And to wrap up, I ask all guests the same three questions. Here are Chris’s answers (the 3rd one is gnarly!) 1. Why should real estate investors or professionals be paying attention to AI today? Embrace Change: AI is fundamentally changing core principles of real estate. Ignoring it will be perilous, while embracing it can lead to personal and business advantages. Competitive Edge: Using AI can help you differentiate yourself among your peers, giving you a significant competitive edge. Inexpensive Solutions: Many AI solutions are not expensive, offering easy and cost-effective ways to stand out and increase efficiency. 2. How do you use AI daily? What tools and apps do you use? Note-Taking and CRM: AI tools are used for taking notes and managing customer relationships. Presentations and Writing: AI assists, like Gemini, in creating presentations and writing white papers. Image Generation: Various image generation tools are used to visualize concepts. 3. One easy win using AI for listeners/viewers to try immediately: OpenAI Covert Influence Operations Report: Chris recommends reading the recently released report on how AI is used for covert influence operations on social media. It makes for intense reading: https://openai.com/index/disrupting-deceptive-uses-of-AI-by-covert-influence-operations/ ***** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: • practical guides, • how-to's, and • news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI
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    41 mins
  • AI Giants Taking Over San Francisco Office Spaces

    AI Giants Taking Over San Francisco Office Spaces
    Jul 16 2024
    Here’s how AI is directly driving up real estate values. My YouTube show/podcast guest this week is Derek Daniels, Regional Research Director for Colliers in the Bay Area. Derek is a San Francisco office market expert and see first-hand the significant impact of AI on San Francisco's commercial real estate market. This is a great episode if you are anywhere near an AI hub of activity (San Francisco and environs, of course, Seattle, Boston, NYC, and Austin). You’ll learn about the evolving dynamics of the commercial real estate market driven by AI and get insights into opportunities for adaptation, growth, and investment. Get this. In San Francisco along, AI companies have leased (at time of recoding) 1.5 million square feet of office space, representing 25% of new leases amidst a backdrop of 35 million square feet of vacant space. Might not seem like a huge proportion – but for the owners of those office building…! Listen in to learn about the variety of spaces AI companies are leasing, from Class C to high-end Class A offices, light industrial spaces, and why flexibility and hybrid work models are crucial for these companies. And, as always, Derek was the proud recipient of my weekly three questions I ask of all guests. Here are his answers: Why should real estate professionals pay attention to AI today? AI tools can significantly enhance efficiency by automating routine tasks, allowing professionals to focus on high-impact activities. AI will create efficiencies and drive changes, some positive and some challenging, influencing the broader economy. Practical AI use for real estate professionals: Use AI to consolidate notes, generate report outlines, and craft social media posts.AI can also assist in writing emails by organizing thoughts and adjusting formality levels. Here are some easy win uses of AI that listeners can immediately try. Use AI tools to help write emails. Generate messaging for clients or prospects with paraphrasing models or text generators. Input your thoughts and let AI rearrange them for clarity and effectiveness. Adjust formality levels with AI to match the context [love this one. AG] ***** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: • practical guides, • how-to's, and • news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI
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    29 mins
  • AI's massive first mover advantage

    AI's massive first mover advantage
    Jul 9 2024
    What a pleasure it was to speak with L.D. Salmanson, Co-founder and CEO of Cherre, for this week’s podcast. Cherre is dramatically transforming real estate investment and management by leveraging cutting-edge data science and AI to consolidate massive amounts of data (including users’ own data – it’s NOT easy to do but Cherre have done it), so they can find opportunities across all aspects of their operations in seconds. L.D.’s use case examples are crazy: ‘I am looking for this kind of asset, with these exact demographics, with these kinds of tax breaks, in this type of market’ – and boom! out comes a selection for you to look at. You won’t believe what Cherre can do and, if you are anything like me, you’ll want to set up an account as soon as you finish listening! Alas, however, the tool is only being used currently by some of the top institutional investors but, L.D. assures me, making it available for mere mortals like thee and me is on their horizon. Spend a few minutes tuning in to hear one of the foremost leaders in moving real estate into the future in this episode with L.D. Salmanson. Cherre's core functions: Building detailed asset models to reduce expenses while increases revenues. Creating sensitivity tables so investors can identify optimal investment (or divestment) strategies. Connecting disparate data with advanced tools to detect anomalies and find opportunities. Key Points Discussed: Advanced Tools: Data retrieval, integrity, conversational bots, GPT Omni model for omni-channel interactions. AI Capabilities: Vision, voice, text interpretation; future potential for smell interpretation. Platform Functions: Builds asset models, sensitivity tables; connects disparate data using entity resolution engines, knowledge graphs, machine learning, AI to detect anomalies. Data Processing & Visualization: Uses Snowflake, Google, Microsoft, Power Bi, Click, Tableau. Technological Highlights: Autoregressive models, attention mechanisms, large language models (LLMs) in natural language processing. Don't miss L.D.'s insights on the inevitable integration of AI into real estate, the efficiencies it brings, and his use of GPT Omni to streamline presentation prep. Cherre stands as a visionary leap in data-driven real estate management. From L.D. Why should real estate professionals be paying attention to AI today? AI is set to revolutionize real estate similarly to how it transformed financial services, automating intermediary processes and enhancing decision-making. Those who adapt early will gain significant advantages, while late adopters risk falling behind​​. How do you use AI daily? What tools and apps do you like to use? I use GPT Omni extensively for preparing weekly company presentations, reducing preparation time from 8-10 hours to 2-3 hours. I also use Claude for interactive idea discussions and refining presentation content​​ . Can you think of an easy win that somebody could do immediately after listening today? An easy win is building asset models with AI. By inputting an assumptions table into a model, AI can populate the inputs and create sensitivity tables, reducing manual errors and saving significant time​​. ***** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: • practical guides, • how-to's, and • news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI
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    41 mins
Economics Personal Finance
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Comprehensive

Good insights to terms for investors. Found out about south and tax free states. I’ll listen again!
Cheers

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