All Forum Posts by: Dongyoon Lee
Dongyoon Lee has started 1 posts and replied 2 times.
Post: Wondering if ChatGPT is a good tool to do all my market research with

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That is true that ChatGPT does not build trust, which is essential for such a large purchase. I'm thinking maybe a general ChatGPT search helps with general information but it may be better to ask an informed agent when it comes down to making final decisions. Do you find that more homebuyers/investors tend to do their own research before asking an informed agent like yourself about a property?
Post: Wondering if ChatGPT is a good tool to do all my market research with

- Posts 2
- Votes 1
Recently, I find myself doing more market research using ChatGPT and was wondering if 1) this is valid enough as a source of information and 2) whether other people are starting to do the same thing. Basically what I do is copy the entire Zillow listing into a chat and then ask it questions about the property (neighborhood stats, rental comps, cashflow, etc.). I have the paid ChatGPT plan so I ask it to research online sources for me and with "Deep Research", I get a pretty comprehensive report on each listing. Some questions I have are 1) Is online research done online good enough or do I have to go to the local environment and ask around? 2) How much time should I spend researching a specific listing versus asking realtors in the area for information on the listing?