At the 9th Rencontres Nationales de l'Expertise Immobilière (RNEI), a fascinating round table explored the impact of artificial intelligence (AI) on the real estate sector, highlighting the opportunities and challenges it presents.
This panel discussion, moderated by Franck Bensaïd, journalist for Le Progrès (Eco), brought together recognized experts in the field of artificial intelligence (AI) and real estate, providing varied and in-depth perspectives on the impact of this technology on the sector:
- Adrien Boullé, Head of Engineering at MYRE, brings his technical expertise and experience in developing innovative digital solutions for real estate management.
- Bertrand Carteron, Real Estate Valuation Expert and President of the Compagnie Nationale des Experts Immobiliers (CNEI), shares his vision on the integration of new technologies in real estate expertise.
- Alain Caumeil, National Director of State Interventions, presents AI apps in the public sector, particularly to improve the productivity and quality of real estate appraisals.
- Catherine Dargent, Legal Expert, Past President of RICS France and CACEEI, provides a legal and normative perspective, highlighting the standards and regulations influencing the use of AI in real estate.
- David Roucheray, Head of Key Account for Notaries and Experts at PriceHubble, explains how AI is used to offer real estate valuation and analysis solutions, optimizing processes for professionals in the sector.
Clear outlook on AI
The introduction of AI into the real estate sector arouses both enthusiasm and apprehension. In this discussion, it was explained that AI, while impressive, remains a technology that mimics human intelligence through complex mathematical models.
However, its capabilities are directly linked to the quality of the data on which it is trained. In most cases, this data is imperfect or incomplete, which can often lead to biased or incorrect results.
Data, a key element
The importance of data in the effective operation of AI was emphasized. Collecting, cleaning and using market data are essential to create reliable models for the real estate sector.
Concrete examples showed how automating the processing of raw data into enriched information can improve productivity and reduce costs, demonstrating the positive impact of AI on the real estate sector.
Artificial intelligence and the real estate expert profession
It was asserted that AI will not replace real estate experts, but rather serve as an assistant tool, increasing the efficiency of professionals.
AI helps with repetitive and analytical tasks, enabling experts to focus on the more complex and nuanced aspects of their work. This complementarity between artificial intelligence and human intelligence is crucial to maximize the benefits of technology.
Impacts on the public and private sectors
In the public sector, AI has already begun to improve the quality of real estate appraisals, bringing significant productivity gains.
Similarly, in the private sector, AI is used for real estate valuation and analysis solutions, helping companies to optimize their processes and make more informed decisions.
However, it was noted that humans are still essential<span> </span>in both sectors, particularly for interpreting results and anticipating market fluctuations, where AI still shows limitations.
Towards a vision of the future
During the debate, speakers unanimously recognized that artificial intelligence represents a major technological evolution with immense potential to transform the real estate sector. However, the need for human intelligence to guide and interpret the results provided by AI was strongly emphasized. This symbiosis between technology and human expertise is seen as the key to taking full advantage of the innovations offered by AI.
In conclusion, this discussion highlighted that AI, far from being a mere fantasy, opens up exciting prospects for real estate expertise. While reminding us of the importance of complementarity between human and machine, this panel discussion calls for thoughtful and strategic adoption of this technology to maximize its benefits.
