A generative AI tool is designed to help real estate firms decide which properties to buy and sell.
The AI tool does the work of a real estate analyst.
It then drafts memos recommending which properties real estate companies should buy and sell, Sahil Rattan, Termsheet's chief operating officer, told Insider.
The client is looking to snap up commercial real estate properties whose prices have cooled from just a few years ago.
Since the AI tool ChatGPT went live to the public in November, businesses in nearly every industry have been racing to capitalize on AI.
Persons:
Ethan, Termsheet's, That's, Roger Smith, Smith, Airbnb, Brian Chesky, Chesky, ChatGPT
Organizations:
Service, RSM
Locations:
Wall, Silicon