Good, fast, and cheap seems to be the rallying cry for the generative AI industry and many companies are coming in with their offerings.
Real estate data and proptech firm Markerr announced that it was expanding its Data Studio offering with an additional product. The company claims that this product, "Markets," provides real estate professionals with "comprehensive and granular data to analyze markets" while increasing the potential speed of workflows.
The following are key features of the new product, according to Markerr:
|- "Comprehensive and granular market data: Access a vast repository of real-time data, including property prices, rental rates, demographic information, market trends with ZIP Code level visibility."
- "RealRent 5 Year Rent Forecast: Leverage our machine-learning powered forecast to identify emerging market opportunities, predict future growth, and assess risk factors with precision."
- "Comparative analysis: Conduct thorough comparisons between multiple markets, evaluate their potential, and gain valuable insights to make informed decisions."
- "AI Generated Market Summaries and Analysis: Harness the transformative power of generative AI to quickly unlock new insights, understand market dynamics and uncover hidden investment opportunities."
The AI tools are also supposed to make it easier and faster for users to analyze submarket key performance indicators (KPIs).
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