AI and Real Estate: What You Need to Know
If you've used ChatGPT or a similar AI tool to get a sense of what your home might be worth, you're not alone. A lot of people are doing it. It's fast, it's free, and it gives you an answer that sounds confident and well-researched. But before you take that information and run with it, there are a few things you should know about how AI actually works, and where it falls short.
Understanding AI's Limitations
AI is incredibly powerful, but it's also incredibly limited. It pulls from massive amounts of data and delivers answers that sound authoritative, but it doesn't actually know your market.