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Sony now offers an artificial intelligence tool for real estate pricing. The company introduced this new application today. It helps determine property values. The app uses advanced computer programs. These programs study market trends. They also examine past sales data. This method gives fast estimates for houses and buildings.
(Sony launches AI real estate appraiser)
Traditional property assessments take time. They often require human inspectors. Human appraisers can make mistakes. Sony’s system aims to fix these problems. It provides consistent results in minutes. The technology analyzes many factors. Location details matter. Property size matters. Recent neighborhood sales matter too.
Real estate agents can use the app. Homeowners might try it too. Banks and loan companies could benefit. They need accurate valuations for mortgages. The app works on phones and computers. Users enter property information. Then they get an instant price report.
Sony trained the AI with millions of property records. The data covers different cities and regions. This helps the tool understand local markets. Early tests show good accuracy. The app’s prices matched expert appraisers closely.
The launch happens first in Japan next month. Other countries will follow later this year. Sony plans updates every three months. These updates will improve the system.
This tool saves money for users. It reduces waiting times for valuations. Sony believes it helps the housing industry. Faster decisions become possible. Buyers and sellers get clearer information.
Some experts worry about AI replacing jobs. Sony says the app assists workers. It does not remove human appraisers yet. The company sees it as a support tool.
Real estate agencies already show interest. Major firms in Tokyo tested early versions. They reported positive experiences. One agent called it a useful first step.
Sony developed this project over two years. Their tech team worked with property specialists. Together they built the pricing models.
(Sony launches AI real estate appraiser)
The app costs twenty dollars monthly. Professional users pay higher fees. Homeowners get five free tries first.