AI for advanced real estate use case: Analyzing disclosure packets

AI for advanced real estate use case: Analyzing disclosure packets

SF Bay Area · Member since 2020 · 10 posts · 6 votes

Hi all, 

I am a co-founder at Brixely. It is a platform that provides analysis of real estate documents. Within minutes of uploading entire disclosure packet, it automatically detects various type of documents (home inspection, TDS, solar, roof, pest etc.) and creates an insightful report of safety risks, costly repairs. We built it from ground up to provide actionable insights that can be used to make actual decisions. 

I wanted to understand if anyone has used AI for more similar and more advanced real estate use cases. If not, what's your reasoning? There is lot of sharing around using AI for emails, listings, social media content but the technology has so much more to offer.

Thanks,

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  • Investor · Miami Beach, FL · Member since 2017 · 362 posts · 109 votes
    2y

    Hi, Not yet, what are the pros and cons bout this?

  • SF Bay Area · Member since 2020 · 10 posts · 6 votes
    2y
    Quote from @Jacopo Iasiello:

    Hi, Not yet, what are the pros and cons bout this?


     Pro:

    - it’s trained to look for safety risks, expensive repairs

    - within minutes analyzes entire disclosure packet of hundreds of pages

    - works as another set of eyes that looks for things you should be watching out for, likewise of a companion 

    - great to quickly learn of property conditions from the actual documents while on the go (given that you still follow your own due diligence process)

    - beta is free

    Cons:

    - still in beta

    - can’t share report directly unless copy and paste

    - only core documents (home inspection, pest, roof, tds, hazard, solar) are supported but not regional specific disclosures like hoa

    - estimates it provides aren’t accurate

    - not mobile friendly 

  • Real Estate Investor · Minneapolis, MN · Member since 2011 · 49 posts · 19 votes
    1y

    Interesting. Only for commercial properties, or also for residential?

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