Real Estate AI Flash for Week of 6/10

Author

Rajeev Sajja
June 13, 2024

Weekly Recap

In this week’s episode, we share how agents can use AI to stay informed with all the scripting for buyers and sellers in light of the NAR settlement. AI may have had its iPhone moment with its announcement of Apple Intelligence and in the tip of the week, we share a tool that can take long form videos to short videos with a single click!

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MOST RECENT EPISODE

NAR Settlement Scripting Using AI

In our most recent episode, we speak about how agents can use AI to stay current with scripting for buyers and sellers with the recent NAR Settlement. As of this recording, you need the ChatGPT plus subscription to access the custom GPT although Open AI did announce on May 7th that free GPT accounts will be able to access the GPT store soon. As this episode is more visual, the link below is to the video version.

AI News You Should Know

AI may have had its iPhone moment at this week’s Apple WWDC when Apple introduced Apple Intelligence. AI now can mean Apple Intelligence, Agent Intelligence or Artificial Intelligence. Who is keeping track anyway!

Apple envisions a future where AI (Apple Intelligence) knows all about you and can surface the answers that are most important to you while maintaining privacy and trust. Trust is where Apple has its real edge and with over 64% of Americans owning at least one apple device, the ability for AI to gain mass adoption is where Apple can win. For all the ChatGPT hype, only 23% of Americans have ever used it and when it comes to AI mass adoption, it will likely happen on Apple devices.

Soon, I am looking forward to telling Siri - “Play the podcast episode that Jimmy recommended a few days ago” and thanks to Apple Intelligence, it will have the context to play it. You can watch this well curated 11-min video of all the Apple Intelligence announcements from June 10th.

In other news, NVIDIA gained an additional trillion dollar market cap in a record 96 calendar days. For reference, Microsoft took 649 days to do so, while Apple took 718 days. This is with AI no where close to mass adoption. Read that again!

Tip(s) of the Week

Link to the NAR Settlement Scripting Custom GPT. Although the rollout is happening in phases, most free ChatGPT accounts are now seeing the “Explore GPT’s” on the left menu in their browser. If you do, go to the store and type in “REAIF Agent Skills Whiz” and you will see the GPT referenced in this week’s eposide and at link above.

How to Repurpose Long Videos into Shorts

OpusClip is a generative AI tool that turns long videos into short clips with just one click.

Here’s how it works:

Go to OpusClip.

Enter the video URL or upload your video.

Click "Get free clips" and wait a few minutes.

That's it!

Other worthy alternatives in this space are vizard.ai and captions.ai.

POPULAR EPISODES

Chick-Fil-A on Sunday Listing Presentation

In this episode you’ll learn how to use take your listing presentations to the next level with AI. Follow the blueprint in this episode and your listing appointments will be like Chick-Fil-A on Sunday…Closed!

AI is your affordable leverage

Carrie Soave of eXp discusses how AI can be anyone’s affordable leverage if they become an AI-skilled real estate professional. Carrie shared her top tools and how agents can get started today!

Your AI Playbook

We made some noticeable updates to our AI Playbook on May 28th. We recommend you bookmark it for easy reference. Bookmark the playbook below to stay current with all things AI in Real Estate.

If you have any suggestions/additions, please reach out to us.

Instead of worrying about being “replaced” by AI, we find it more useful to think of AI as the “gift of the shift” and to answer a fundamental question in embracing any technology: how can this technology create efficiencies in my business so I can build more memorable client relationships. After all, the future of our business will always be human.

Let’s make AI approachable and actionable for all real estate professionals!

-Rajeev and Jimmy