Pennsylvania-based homegenius Real Estate unveiled an artificial intelligence (AI)-powered home search portal.
The AI-tool, dubbed homegeniusIQ, applies proprietary artificial intelligence harnessing image recognition and computer vision technology to analyze real estate images to assess and estimate room condition and property features.
“Artificial intelligence is poised to truly transform the way homebuyers and agents buy and sell homes, and homegeniusIQ is at the leading edge of the revolution,” Eric Ray, senior executive vice president, chief digital officer and co-head of homegenius, said in a release. “By allowing homebuyers to upload photos that illustrate what they’re looking for in a kitchen, bedroom, bathroom and/or family room, homegeniusIQ enables users to match their vision of a dream home to a property in the real world.”
By unlocking data from property photos, homegeniusIQ helps inform a property’s value and allows homebuyers to conduct better searches and glean deeper insights, company leaders said.
It can also identify and assess room type, room condition and more than 50 objects inside and outside of a home that impact its value.
Users can also upload photos to search for properties that match their desired attributes.
“homegeniusIQ powers the homegenius Real Estate search, offering a totally new way to search for a home,” Brien McMahon, senior executive vice president, chief franchise officer and co-head of homegenius, said. “Our proprietary AI technology makes it possible to conduct searches based on a home’s appearance and condition — far beyond what’s possible with conventional search filters — to help homebuyers find exactly what they’re looking for.”