Risk Mitigation
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Real estate companies can use predictive analytics to analyze the condition of the building considering all nuances, its age, information about the owner and so on. Given all the capabilities, specialists can provide a buyer with detailed information about a house without any dark spots
Benefits for the company
Real estate market is tightly connected with risks, and it is very important for specialists not to let their customers down. Reduction of financial risks ranks one of the first priorities of the agencies.
Feasability
High
Type of expertise/ AI domain
Clustering, Segmentation, Forecasting
Internal data required
Property Conditions, Property Price trends, Historic Property data, Customer Demographic Data
External data possible
Public Data, Demographics Data, Market Information, price/square meter, neighbourhood quality, etc