Week 6 AI impacting

we did some AI work. AI is going to have a big impact on real estate, both good and bad. On the plus side, it can speed up property valuations, streamline market analysis, and improve investment forecasting. AI tools can also help identify property trends, predict market fluctuations, and support more accurate pricing strategies. However, there are also challenges—over-reliance on AI could reduce the need for some traditional roles in property management or agency, and errors in the data could lead to poor investment decisions. While AI improves efficiency, human expertise remains essential for interpreting context, understanding local markets, and making sound judgments that algorithms alone can’t fully manage.

Comments

Post a Comment

Popular posts from this blog

Week 5 - Building Control process and Building Regulations

 This week, I focused on developing a better understanding of the Building Control process and the importance of complying with Building Regulations . In real estate, especially when dealing with residential development or refurbishment projects , it's crucial to be aware of the legal standards that ensure buildings are safe, accessible, and energy efficient . I learned that Building Control plays a key role from the design stage through to completion , checking that structural integrity, fire safety, ventilation, insulation, drainage, and accessibility requirements are met. For a real estate professional, having this knowledge is vital — not just for regulatory compliance, but also when advising clients, developers, or investors about a site’s viability or hidden risks.
Read more

Week 7 Study hour reflection and time management

 Last week, I took some time to reflect on how I had been managing study time and university work with other activities. Real estate is a broad subject that requires ongoing refreshment of theory, market conditions, law, and technical skills like CAD and development appraisal. I concluded that I had been working lots of hours but not necessarily effective ones. Certain weeks were overwhelming, particularly when balancing coursework such as the Charterhouse Field development proposal with group work and reading. To improve, I have started planning out my week ahead with a simple schedule—allocating specific time for research, reading on planning policy, CAD layout tasks, and reading market analysis. This has helped me avoid last-minute scrambles and stay more focused during study time. I've also learned how to list tasks with deadlines and academic importance, which is vital in a subject like real estate where planning projects and making decisions within time limits represent profe...
Read more