Updated: Oct 13, 2022
Our lives are now significantly impacted by Artificial Intelligence. Technology across many sectors has undergone a revolution thanks to artificial intelligence, which has also provided solutions to numerous human concerns. A major shift has occurred in the real estate industry as a result of the development of AI and Machine Learning. Online real estate markets are the most innovative, cutting-edge ideas that are unquestionably assisting the real estate industry with their integrated AI and Machine Learning enabled approach.
Another usage of artificial intelligence is to read QR codes. QR Codes are used for more than just money transactions; they can also be used to share Wi-Fi passwords, Social Media profiles, etc. In the real estate industry, the application of this method has reached a new level.
Even though Artificial Intelligence is paving the way. Another technology known as "Augmented Reality" is doing miracles. Technology that incorporates virtual or digital objects into the physical world. Everyone must be familiar with the game "Pokemon Go".It is a perfect example of Augmented Reality. Another noteworthy example is J.A.RV.I.S from Marvel Films. Augmented reality is utilized everywhere to depict or represent items, details, or anything else that is not present in nature, including Gaming, Education, Architecture, Engineering, and the Automotive Industry.
In the real estate sector, a new technology that combines AI and AR is beginning to take shape. While on the construction site, you may explore the entire infrastructure in 3D by just scanning the QR Code that is located there. You may see exactly how the structure will be built, following the completion of the project.
In contrast to virtual reality, where you might feel like you're at home. This technology is more suited for engineers, builders, and customers.
Using this technology, a builder can demonstrate to clients how the finished product will look. It makes project explanations for builders simpler. Additionally, it demonstrates the project's legitimacy. Compared to more traditional methods, using this technology can make the buying of properties simple.
Engineers, however, can monitor the progress and evaluate each stage of development using augmented reality. In order for the construction workers to better understand their tasks, engineers find it helpful to communicate their project concept to them.
Real estate investment is a significant step for buyers. Before making an investment, augmented reality aids in understanding and evaluating the project. Customers can trust the builder or brand because of AR's assistance in the evaluation process.
The development of this technology is underway. Realty Talks is also keeping an eye on this technology in order to use it to provide you with the best information about brand-new real estate projects.