Nicholas Stevens’ Post

Tailored investment opportunities await. 🙌 🏠 Kurt Carlton, President and Co-founder of New Western, sheds light on how AI and machine learning transform your investing experience on our online Marketplace. No more endless searches – just personalized updates for smoother investing. Read the full MarketWatch article: https://lnkd.in/geie9kkq. #RealEstateInvesting #RealEstateInvestors #NewWestern

Can we trust AI fully? Not yet. Take Zillow’s Zestimate, which estimates home values but has some flaws 🚩: 🚩 Accuracy Issues: Error rates: 1.9% on-market, 7.5% off-market Big discrepancies possible 🚩 Limited Data: Misses key factors like home improvements 🚩 Delayed Reactions: Struggles with fast-changing markets 🚩 Manipulation Risk: Users can game the system Even the CEO’s home was overvalued by 2x. AI isn’t perfect—always double-check. #AI #RealEstate #Zillow #Zestimate #TechRisks #HomeValue

I am not sure if I should be excited or horrified, when it comes to AI. The speed at which AI will out-smarter humans, the lack of understanding of how AI is actually learning, the potential of AI in the next 20/50/100 years - beyond what our human brain can comprehend...... well it is a lot to take on....and it is overwhelming. For now, lets see what next 5 years may bring. https://lnkd.in/eW_Q2T4W https://lnkd.in/eiFk6Egw

In an industry known for its acronyms, probably no acronym gets bantered around more these days than AI. Will it, as advocates predict, revolutionize the way we finance and support homeownership? Or is our industry years away from the practical adoption of AI, as some skeptics say? In this issue of Coffee Talk, Jimmy Walby and Danny Byrnes share their views on AI and how NTC may deploy this game-changing technology in the future.

If you are a mortgage and finance broker in Australia, and keen to understand artificial intelligence (AI), last week the Mortgage & Finance Association of Australia (MFAA) released it's first discussion paper on the opportunities AI presents for our industry. This is a practical and comprehensive guide around where to start, what to be aware of and what our members are saying about using AI in their businesses. This paper is available for download - see details below : 👇 #mortgagebroker #financebroker #choice #competiton #AI #artificialintelligence #embracethefuture

Wonderful article from our very own Mohammed Nizar, highlights some of the big problems in Real Estate and how we are overcoming these trust-eroding behaviors with our cutting-edge Coralytics AI.

It's time to embrace the future, so we’re thrilled to have released our latest discussion paper on the use of AI in the mortgage and finance broking industry. Informed by the insights and experience of our members, this comprehensive paper: 💬 promotes discussion and reflection on the use of AI within the mortgage and finance broking industry 📊 provides insight into how brokers are considering the use of AI within their businesses ℹ️ provides practical guidance for mortgage and finance brokers when integrating AI into their businesses. The paper includes a framework, a checklist on using AI and resources to learn more about AI and the growing number of tools out there. 📥 Download the report: https://lnkd.in/gxhQ6md4 #mortgagebroker #financebroker #AI #artificialintelligence #embracethefuture

How AI Can Help Generate Market And Property Insights

Over the past few weeks we've been around the country listening to our members about their views on AI in the mortgage and finance broking industry. Yesterday we went virtual to hear from our members in regional areas, and today, we were in Melbourne for our final roundtable. Our members provided thoughtful insights on how they're using AI, what they think the possibilities are and most importantly what it means for their clients. It's these insights that make our advocacy and research stand out, keep an eye out for what comes next! Anja Pannek Naveen Ahluwalia Melanie Kafka #AI #mortgagebroking #financebroking #artificialintelligence

🏠 AI in Property Valuation: Game-Changer or Cause for Concern? 🤖 The use of AI in property valuation is growing rapidly, offering faster, data-driven insights. But with such advancements come challenges. This article from The Conversation highlights the rising need for transparency and trust as AI-driven systems become more common in the real estate industry. Some key points: 💡 AI can provide faster valuations, but how accurate are they? 🔍 Transparency is key—homeowners and investors need to trust these digital tools. 🛡️ We must ensure the ethical use of data in AI algorithms. Balancing innovation with fairness and accountability will be critical as the industry evolves. What do you think—will AI boost confidence or cause scepticism in property markets? Share your thoughts! 👇 #AI #PropertyValuation #RealEstateTech #Transparency #Innovation #Trust #ArtificialIntelligence #EthicalAI #PropTech #DataDriven  #BusinessGrowth #MartinCattach #FinanceForBusiness #ILOVEWHATIDO