Ilija Lazarević, CEO of DataBrut, recently delivered a keynote address at the prestigious Data Science Conference 2023, shedding light on the transformative role of AI and Machine Learning within the Real Estate domain. In a compelling presentation, Ilija Lazarević underscored the significance of AI in redefining Real Estate practices, with a particular emphasis on Automated Valuation Models (AVMs). Drawing from real-world examples primarily from the USA market, the speech illuminated how AI technologies are revolutionizing property valuation and decision-making processes, ultimately enhancing efficiency and accuracy in the Real Estate industry.

Moreover, Ilija Lazarević went beyond AVMs, offering a comprehensive overview of AI’s broader applications in Real Estate. The discourse extended to encompass innovative solutions such as predictive analytics, property recommendation engines, and use of Large Language Models (LLMs) in customer service and property management. This holistic perspective not only illuminated the vast potential AI holds for Real Estate but also provided a strategic roadmap for industry stakeholders seeking to harness the power of AI to stay competitive in an ever-evolving landscape. Ilija Lazarević’s insights, grounded in practical experiences and forward-thinking vision, left a lasting impression, inspiring attendees to explore new horizons and embrace AI-driven transformations in the Real Estate sector.

Check out the speech recording below if it sparks your interest:

Also, here you can download the presentation used for that speech: