I have spent a lot of time building products in the real estate space and I have lost track of the number of times exciting new technology has failed to disrupt it.
I feel LLMs could have a positive impact in the sector but I see very few exciting innovations. A lot of people jumped on the bandwagon of creating property descriptions from images but that has been about it.
What am I missing?
Right now, we are looking at using LLMs to identify offers of compensation that have been tucked into non-compensation fields like property descriptions, brokers remarks, etc...