Question 1

Why is MRI all-in on AI?

Accepted Answer

Artificial Intelligence (AI) substantially reduces the time spent managing your real estate portfolio. Companies that invest in AI-powered solutions will be better positioned to maximise performance and capitalise on opportunities. The ability to automatically extract and find critical data helps you make better strategic decisions and empower you to navigate change and uncertainty.

Question 2

What is the value of AI for real estate?

Accepted Answer

The real estate sector generates massive volumes of data, making it an ideal candidate for the application of AI. Developing PropTech solutions with an AI-first approach creates unprecedented opportunity to automate processes, uncover insights from data, and drive strategic decision-making.

Question 3

How is MRI using AI to improve client experience?

Accepted Answer

At MRI, we believe AI will enable our clients to focus on higher-value tasks while delivering superior service to their customers. Our software and services are designed to create competitive advantage for real estate businesses around the globe through AI that supports a multitude of languages and locales. With powerful technology at their disposal, real estate professionals can focus on their most important role: building thriving communities and stronger businesses.

Question 4

What is the human benefit of AI?

Accepted Answer

Lifting the burden of manual tasks for real estate teams ushers in a new era for the industry. A process that takes days or weeks to complete can now be accomplished by one person in a matter of minutes. Instead of spending hours or days chasing data and validating information, staff can more easily focus on strategic tasks that drive business results — and still make it home in time for dinner.

Question 5

Does AI still need human oversight?

Accepted Answer

AI will not replace the need for humans when making critical decisions that affect where people live, work and play. Technology alone will only get you part of the way to your goals, and many scenarios require human verification. For example, instant resident screening services can provide inaccurate information about prospective residents, resulting in denial of their application. The cost of not accepting good-fit candidates based on incorrect criminal hits is high, and while AI can do the initial research, our team is always there to confirm.

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