AI in Real Estate: Prospects, Challenges & Future Directions

The Center for California Real Estate (CCRE), an institute of the CALIFORNIA ASSOCIATION OF REALTORS®, proudly presents the virtual panel, “CCRE Presents – AI in Real Estate: Prospects, Challenges & Future Directions”. With the rapid advancement of artificial intelligence (AI) technology, this event delves into the transformative role of AI in the real estate sector by exploring the way professionals conduct business, interact with clients, and utilize information and analytics during this revolutionary shift.

Our panel features a curated selection of thought leaders in technology, government, and real estate. The discussion will span a wide range of considerations, including the innovative potential of generative AI and the practical applications of large language models in reshaping real estate operations.

The session will also delve into critical issues surrounding AI governance, focusing on how regulation and ethical considerations are crucial in guiding the responsible use of AI in the real estate sector. Panelists will explore how AI can be used to improve housing affordability, predict market trends with greater accuracy, and create more equitable access to real estate services, while also addressing concerns related to data privacy and the reduction of algorithmic bias.

This panel will cater to professionals from all spectrums, whether they are apprehensive or enthusiastic about AI, providing a comprehensive understanding of the technology’s immediate applications and long-term potential.

Expert panelists are listed below, and their bios can be found here.

• Shay Artzi, SVP & Head of Engineering, Compass
• Maximillian Diez, CEO, Twenty Five Ventures
• Ondrej Linda, Director of Applied Science, Zillow
• Alex Wolkomir, Partner, McKinsey & Company
• Linna Zhu, Senior Research Associate, Housing Finance Policy Center, Urban Institute