MARKET OUTLOOK, REAL ESTATE TECHNOLOGY
PRnewswire | May 04, 2023
Zillow announced today the launch of the Zillow ChatGPT plugin, which gives users a new way to discover real estate listings.
Users who enable the plugin can use conversational language to ask about specific property listings or share the types of for-sale and rental homes they are interested in, including location, price range, and bedroom and bathroom count. The Zillow plugin then retrieves relevant information from Zillow's extensive database of real estate listings.
The plugin will be accessible to a select number of ChatGPT users today, with broader access anticipated in the future.
"Generative AI is changing the way people search for information. At Zillow, we've been embracing AI and machine learning starting with the Zestimate® in 2006, and later introducing personalized recommendations and natural language search – which means we're well-equipped to help customers search and find homes in this new way," said David Beitel, chief technology officer at Zillow Group. "As the first major residential real estate marketplace to bring advanced, AI-powered search to the home-shopping experience, we understand its immense potential, and we look forward to developing more tech innovations with OpenAI technology in the future."
Zillow is building a housing super app that offers customers a seamless, connected experience across all their real estate needs: buying, selling, financing and renting. It launched natural language search queries on its apps and sites in January, and this ChatGPT plugin is the latest example of how Zillow is using technology to make it easier for customers to find and get into their next home. AI capabilities show up throughout Zillow's products and services, most recently in advancements in the neural Zestimate, computer-vision-powered rich media experiences and AI-generated immersive floor plans.
The Zillow ChatGPT plugin is currently in its alpha phase, providing an opportunity for Zillow to refine and enhance the experience based on user interactions. OpenAI, the maker of ChatGPT, has implemented safeguards to minimize inaccuracies and prevent inappropriate responses, but users should keep in mind that at times the experience might not work exactly as expected.
About Zillow Group
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, great partners, and easier buying, selling, financing and renting experiences.
Zillow Group's affiliates, subsidiaries and brands include Zillow®; Zillow Premier Agent®; Zillow Home Loans℠; Zillow Closing Services℠; Trulia®; Out East®; StreetEasy®; HotPads®; and ShowingTime+℠, which includes ShowingTime®, Bridge Interactive®, and dotloop®.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Globenewswire | June 07, 2023
Today’s launch of BrainBox AI’s Autonomous Decarbonization solution suite marks another milestone for the company as it continues to deliver innovative and impactful solutions aiding the built environment in its fight against climate change. This unique product suite was created as an end-to-end sustainability platform for commercial and retail real estate portfolio owners seeking an AI-driven emissions reduction solution to propel their decarbonization journey.
BrainBox AI’s autonomous decarbonization solution directly addresses the 38% of global greenhouse gases (GHG) emitted annually by commercial buildings by measuring, reducing, and offsetting them, thereby supporting building owners in their journeys to net zero and carbon neutrality. This industry-defining technology uses deep learning, cloud computing and custom algorithms to empower building owners to drastically reduce their scope 1 and 2 emissions while decreasing energy costs.
“Your building is currently emitting 30% more GHG emissions than it should. That stat is scary but solvable,” comments Sam Ramadori, Chief Executive Officer at BrainBox AI. “Our new solution suite not only grants commercial and retail real estate owners the capability to measure their emissions, but autonomously implements optimization strategies that can reduce emissions by up to 40%. Our award-winning AI technology pinpoints and addresses both operational and environmental inefficiencies in buildings in real time. We are excited to offer this turnkey solution that generates continuous positive impacts on carbon emissions for the industry at large.”
BrainBox AI’s 3-part Autonomous Decarbonization suite launches a continuous AI-powered measurement and decarbonization system that unlocks a building’s true potential for emission reductions;
Measure: Easily generate a full scope 1 & 2, audit grade GHG assessment powered by the building’s data and trusted emissions factors, enabling the identification of operational inefficiencies. In addition, our individual building analysis compares your building’s energy usage intensity (EUI) to other comparable buildings and demonstrates your energy and emissions reduction potential.
Reduce: Act and conquer one of the most energy consuming and inefficient operational components of your building by layering our autonomous AI-tech onto your existing heating, ventilation, and air-conditioning (HVAC) system. BrainBox AI learns, modulates, and optimizes building HVAC systems resulting in a reduction of operational carbon emissions by up to 40% and a decrease in energy costs by up to 25%.
Offset: Access high quality carbon credits through a voluntary market. The virtual marketplace supports multiple types of options like carbon-capture technology, nature-based solutions, and renewable energy projects, giving clients the ability to make customized carbon credit purchases with key insights on the quality of the projects that are available.
While the deployment of each part of the suite can be done independently, adoption of the three maximizes emissions reduction impact and enables the successful execution of a decarbonization program.
“What we are hearing from our customers and the market is that measurement without action is not nearly enough to get us where we need to be,” said Omar Tabba, Chief Product Officer at BrainBox AI. “With this new product category, not only can we autonomously reduce carbon emissions using our AI technology, but we can also offer the tools to accurately and precisely measure where operational optimization can take place and offer clients a solution to explore and take part in the voluntary carbon markets – all in one platform.”
Buildings are on the frontline of the climate change battle, and the commercial real estate and retail markets are in the hotseat. The market is ripe for a solution that can deliver emissions measurement as well as reduction, two components that are absolutely necessary to reach net-zero and carbon neutrality.
About BrainBox AI
Founded in 2017, BrainBox AI was created to address the dilemma currently facing the built environment, its energy consumption and significant contribution to climate change. As innovators of the global energy transition, BrainBox AI’s game-changing HVAC technology leverages autonomous AI to make buildings smarter, greener, and more efficient. Working together with our trusted global partners, BrainBox AI supports real estate clients in various sectors, including office buildings, hotels, commercial retail, grocery stores, airports, and more.
Headquartered in Montreal, Canada, a global AI hub, our workforce of over 150 employees, bring with them talent from all sectors with the common thread of being in business to heal our planet. BrainBox AI works in collaboration with research partners including Montreal’s Institute for Learning Algorithms (MILA), the Lawrence Berkley National Laboratory (LBNL), the Institute for Data Valorization (IVADO) as well as educational institutions including and McGill University.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Businesswire | June 06, 2023
Rent., a leading provider of integrated marketing solutions to the multi- and single-family rental industries, today announced another transformative addition to its RentMarketplace. listings product. The Tour Calendar feature debuts today across four major listings sites within the Rent. network: Rent.com, ApartmentGuide.com, Rentals.com and Redfin.com. This new feature allows prospective renters to schedule and automatically confirm tours at their convenience, based on predetermined tour availability as set by the property team. This means they no longer have to worry about coordinating with busy leasing teams.
Finding the perfect place can be a challenge, but RentMarketplace. is here to make the process easy and convenient for both renters and its property management clients. According to extensive data collected by Rent., almost 90% of renters prefer to tour a community before signing a lease. With the Tour Calendar feature, prospective renters can easily schedule tours at a time that suits their busy lifestyle.
This represents the third major upgrade to the RentMarketplace. network in two months, following the recent launch of Google Aerial View on listings and the announcement of a strategic agreement with Realtor.com® in April, vastly increasing the reach and potential exposure of Rent. listings to 350M+ monthly website visits.
“Tours are a critical driver of securing leases and some Rent. clients with tour capabilities see up to 5x more high-quality leads than clients without tour capabilities,” said Rent. CEO Jon Ziglar. “Our new Tour Calendar solution provides properties, regardless of size, the ability to seamlessly capture qualified leads and improve conversion.”
The Tour Calendar feature greatly benefits property management teams, who are frequently overburdened with the critical tasks of day-to-day operations. The Tour Calendar seamlessly connects a live calendar of tour availability to a property’s listing and the leasing teams’ email, facilitating better communication and vastly improving the renter experience, all from a single dashboard. This means that leasing teams can spend more time on strategic priorities and avoid unnecessary administrative back-and-forth on rental inquiries.
“At Rent. our focus is not only on generating quality leads for our clients. The end goal has to be leases. And, as such, every new enhancement to our listing products is optimized for lead-to-lease conversion,” said Nishant Phadnis, Chief Product Officer at Rent. “Making the tour booking process straightforward is crucial to getting leases signed, and it could also bring a boost to your reputation. New residents love to share in reviews how effortless renting was for them.”
The Tour Calendar feature is now available exclusively for all current and new RentMarketplace. packages at no additional cost. RentMarketplace. is also compatible with leading tour calendar platforms, including AnyoneHome, Entrata, Funnel, MaxLeases, Knock, and Rently.
The RentMarketplace. Tour Calendar will be showcased at the Rent. booth during the NAA Apartmentalize conference, taking place in Atlanta, June 7-9, 2023, where clients and prospects can activate the Tour Calendar real-time and explore its features.
RentMarketplace Tour Calendar is the latest feature to enhance the listing experience and offer renters easy ways to discover and experience a listed property. It joins features such as Google Aerial View, Places Nearby, Walk Score®, Transit Score® and Profile Sync with Google Business Profile. 2023 has been a year of frequent innovation on the Rent. platform. The company also recently launched the multifamily industry’s only automated solution for TikTok advertising and is the first and only rental marketplace network to provide access to two of the country's largest real estate sites, Redfin.com and Realtor.com.
Rent. is a two-sided marketing platform that simplifies the entire renter experience by matching the right property with the right renter, at the right time. Through the Rent. network of websites, mobile apps and partnerships, Rent. clients can reach over 350 million site visits per month. In addition, Rent. services the property side of the market with scaled marketing solutions such as search engine marketing, lead nurturing through chatbots and client automation tools, and reputation management through ratings and reviews, as well as social media monitoring and marketing. This, paired with advanced search filtering and an optimized consumer app and site experience, enables Rent. to offer renters an ideal home-finding experience. Rent. exists to help people find the perfect place. Rent. is operated by Rent Group Inc., a subsidiary of Redfin Corporation.