The future of the real estate sector was also discussed at the 15th Real Estate Real Estate Fair, which took place on March 16-17. REIDIN Data Science Manager Emre Durgut made a statement within the scope of the agenda, stating that the use of data analytics and artificial intelligence in the real estate sector, in the focus of data management, has increased and drew attention to the fact that these technologies determine the direction of the sector.

After being founded in the United Arab Emirates in 2007, REIDIN, which started its activities in Turkey simultaneously, produces real estate price indices as a real estate information company. REIDIN can provide many data such as house sales, price movements, market demand, house types, locations.

Data collection is generally preferred in the real estate industry for real estate sales, rental transactions and property valuation. Speaking on behalf of REIDIN at the conference held at the 15th Real Estate Real Estate Fair held at Istanbul Hilton Bosphorus Convention Center, REIDIN Data Science Manager Emre Durgut conveyed information about the importance of data analytics and artificial intelligence in data management in the real estate sector. He also underlined that artificial intelligence technologies will be used intensively in the real estate sector in the future.

In parallel with the development of technology, the importance of data in the real estate sector is increasing day by day. It is especially critical in the decision-making process. real estate professionals; It needs many different types of data during transactions such as purchasing, selling and asset management. At the same time, this data is used to understand trends in the real estate market, consumer preferences, property performance and many other factors.

The Impact of Artificial Intelligence is Increasing in the Real Estate Industry…

Artificial intelligence technologies, which are also of great importance in the real estate industry, are frequently used for data analysis and forecasting. Thanks to artificial intelligence technologies, the process of data processing, analysis and making realistic predictions can be automated. At the same time, more accurate results can be obtained in the property valuation process.

REIDIN Data Science Manager Emre Durgut, who spoke at the Real Estate Real Estate Fair held on March 16-17 on this subject, which is becoming increasingly important today, said that artificial intelligence, which is also used for marketing strategies, can be used to analyze customer behaviors, create customer profiles and design personalized marketing campaigns. emphasized.

Touching on the advantages of using artificial intelligence in his speech, Durgut said: “There are many advantages of using data and artificial intelligence in the real estate industry. Such as obtaining more accurate results, performing faster and more efficient transactions, improving the customer experience, and reducing costs. In addition, if I have to mention its disadvantages, artificial intelligence can ignore people’s emotional and social needs. Here, of course, expert trained human resources come into play.”

At the 15th Real Estate Real Estate Fair, which lasted for two days and the sector was evaluated; Qatar, Kuwait, Bahrain, UAE, Oman, Jordan, Saudi Arabia, Azerbaijan, Morocco, Iran, Iraq, England, Netherlands, Germany, Russia, Afghanistan, Ukraine, Sweden, Egypt, Yemen, Palestine, Bosnia and Herzegovina and China. Many companies from countries came together with Turkish real estate companies.

Source: (BYZHA) – Beyaz News Agency