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NBC News Top Stories | Zillow CEO Jeremy Wacksman is preparing for the next revolution in real estate by Jason Abbruzzese, Christine Romans
AI generated summary, Read the full article for complete information.
Zillow CEO Jeremy Wacksman, who has been with the company since 2009, says the next revolution in real estate will be driven by AI‑enhanced tools that make home‑buying more transparent, efficient and personalized. While traditional factors like “location, location, location” and macro‑economic basics such as supply, demand and mortgage rates remain unchanged, Zillow is building software that lets buyers browse, favorite, schedule tours, meet agents and complete offers—all within the app—using features like AI‑powered virtual staging, drone video tours and an “AI mode” that leverages the firm’s extensive data. The surge in proptech investment, including AI and blockchain startups, shows strong industry interest, but Wacksman cautions that AI can also create misleading synthetic images, so Zillow emphasizes clear disclosures to protect buyers and comply with fair‑housing regulations.
Read more: https://www.nbcnews.com/business/ceo-interviews/zillow-ceo-wacksman-real-estate-ai-innovation-rcna345184
#JeremyWacksman #Zillow #AI #proptech #fairhousing
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