AI/Machine Learning tool to analyze Real Estate Markets
Hello,
I wanted to get feedback and thoughts from Investors and Real Estate professional on a potential tool that would use machine learning and AI to create scores or ratings on real estate markets at the zip code level. This model would factor in dozens of variables from traditional and non traditional data sources. These scores would vary based on the type of investor (flippers, buy and hold, etc) and different weights would be give to certain variables. As an investor would you find any value in this type of software? It would be able to identify potential trends and opportunities in markets that would be over looked by the average individual. Let me know what you think!
Thanks
Most Popular Reply
I think this type of software would be most useful to a company buying at least 5 properties per month, which is the top .5%. Anyone else might use it for a week or two to pick out a zip code to focus on but after that it has little use.
If you can build AI to compile all information about a homeowner to score and rank homeowners based on their likelihood to be motivated I would pay good money for that.