PHOTO: Barbara Corcoran. FILE
💡 Is Barbara Corcoran onto something? The $100M mogul believes AI will reshape the housing industry — forever. Are you ready?
📅 April 21, 2025 | ✍️ By Property Noise NZ
📣 The future of property is getting a tech upgrade — and one of real estate’s biggest names says the revolution is already here.
Barbara Corcoran — the powerhouse behind a $100 million empire and fan-favourite on Shark Tank — is shouting from the rooftops: AI is the biggest shake-up the real estate market has ever seen. If you’re a buyer, seller, or agent, she says it’s time to get on board — or get left behind.
🎤 “This thing is a total game-changer,” Corcoran told Yahoo Finance. “It’s like everyone suddenly got a genius implant.”
So what does the real estate icon see on the horizon? And more importantly — how can you use this tech to profit while others panic?
🤖 1. AI = Time Back in Your Day
Agents spend hours writing up property descriptions, sifting through legal docs, and explaining market conditions. AI tools like ChatGPT can slash hours off those tasks — doing in seconds what once took all afternoon.
📬 “Emails, texts, analysis — all done instantly,” says Corcoran. “It gives agents back their most valuable resource: time.”
💥 Imagine listing write-ups that pop, buyer communication that feels personal, and pricing that updates in real-time — all powered by AI.
📈 2. Smarter Conversations, Bigger Closings
From explaining commissions to negotiating offers, agents rely on communication. AI allows agents to tailor messages to each client, translate across languages, and even respond 24/7 through chatbots.
🔍 Corcoran says this will redefine how agents work — making them more like personal property consultants than just salespeople.
🧠 But Wait — There’s More: How AI Is Supercharging Real Estate
📊 Check out our exclusive infographic below for a snapshot of how AI is transforming the housing industry.
🛠️ More AI-Driven Changes Coming Soon:
🔍 Lead Gen Gets Smarter: AI pinpoints hot prospects, helping agents focus only on high-intent buyers and sellers.
📅 Seamless Scheduling: Virtual assistants handle bookings so agents don’t have to.
📞 24/7 Support: AI bots answer common buyer questions and qualify leads — even while you sleep.
🎯 Hyper-Personalised Marketing: Campaigns now adjust based on real-time buyer behaviour.
🏡 Virtual Experiences: Think AI-generated home tours, staging, and walkthroughs — all without stepping inside.
⚠️ What Are the Risks?
🔒 Privacy: Sensitive financial and location data could be at risk if AI tools aren’t handled carefully.
📉 Job Displacement: Some support roles may shrink as automation grows.
🎯 Bias: Algorithms can skew listings and potentially miss budget-friendly gems.
🎯 Bottom Line: Will AI Disrupt Real Estate?
Barbara Corcoran says yes — and in a big way. But like every market shift, there will be winners and losers. She believes those who embrace the tools — rather than fear them — will dominate.
💬 “If you’re smart enough to learn how to use AI, you’ll be ahead of 90% of your competitors,” she says.
So the question is — will you panic… or profit?
SOURCE: YAHOO