Artificial intelligence (AI) is revolutionising real estate, with tools such as 3D virtual tour software CAPTUR3D and automated value estimation tech Zestimate already transforming the nature of an agent’s work. The question is whether AI can replace real estate agents.

The answer lies in AI’s potential to combine with human intelligence and skills. Computers and robots can be used right across the real estate value chain to improve processes by absorbing huge amounts of data and creating insights from it. Then it’s up to people to make the most of the value this creates.

There’s an array of tech that agents can already use. Tools such as computer vision can analyse images such as aerial photographs to identify the condition of a building. Geographic information systems (GIS) can scrutinise geographical data such as maps and satellite imagery, to identify patterns and trends across an area. Predictive analytics can forecast future demand trends, to identify areas where house price growth is likely.