Sunday February 25, 2018



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Real estate agents to be replaced with robots, & data...


Your next real estate broker could be a robot. Robots are on the march in residential real estate with an eye to replacing human brokers on a grand scale.

Get ready for the rise of the real estate robots. Big data and artificial intelligence are starting to be used to sell pricey residential real estate, and that is likely to be bad news for brokers.

Former Facebook exec fears robots will destroy society within 30 years

A futurist tells us what life will probably look like in 2030. At one company that recently began using real estate robots, an Alexa-like tabletop box can answer nearly any question a prospective buyer lobs in its direction — from when the roof was last repaired to where the nearest Starbucks is.

A real estate technology company that aims to lower the cost of home-selling by using robots and “big data” instead of commission-based real estate agents has opened a Long Island office, its first outside of California.

REX Real Estate Exchange, which charges a selling commission of 2 percent instead of the usual 5 percent to 6 percent, launched its Long Island operation last week...





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