6 Best AI Tools for Real Estate To Try This Year

Key Takeaways:

• AI tools are transforming the real estate industry by streamlining processes, enhancing customer experiences, and boosting sales.

• Real estate agents can use AI tools for various purposes, such as creating virtual tours, staging properties, generating marketing content, and nurturing leads.

• Some of the best AI tools for real estate are REimagine Home, GetFloorPlan, Julius AI, Virtual House Flip, Honeywell Forge, and HouseCanary. 

6 Best AI Tools for Real Estate in 2024

The real estate market is a highly competitive and dynamic field. You need to stay on top of the latest trends, technologies, and strategies to stand out from the crowd and grow your business. That’s why you should consider using AI tools for real estate to work smarter, faster, and better.

But how do you find the best AI tool for your needs? That’s where I come in. In this blog, I will reveal the 6 best AI tools for real estate that you should try this year.

So, without wasting time, let’s dive in!

REimagine Home

Image Source: REimagine Home 

REimagine Home is designed for virtual staging, remodeling, landscaping, and interior design. It is tailored for real estate professionals, marketers, photographers, developers, and interior designers. Plus, it offers various AI solutions to reimagine and enhance spaces. This includes virtual staging of empty or cluttered rooms, color and material editing of furnishing items, and more. Upload an image, input preferences, and reimagine your space effortlessly.

Pricing: 

• Basic account: Free, 30 output images/month
• Pro plan: $99/month, 900 output images/month
• Pro plan: $49/month, 300 output images/month

Key Features

• Effortless AI-Generated Designs
• Swift and Intuitive Interface
• Versatile Customization: Styles, Colors, Materials
• Editable Furnishings to Align with Preferences
• AI-Powered with Human Expertise
• Professional Guidance and Feedback from Designers and Architects

Pros:

• Instantly generates photorealistic design ideas
• Customizes colors and materials based on preferences
• Transforms empty or cluttered rooms quickly
• Enhances exteriors and landscapes effortlessly
• Saves time and money for professionals

Cons:

• Unrealistic expectations for buyers
• Lacks physical and tactile experience
• Requires technical expertise and software

GetFloorPlan

Image Source: GetFloorPlan

GetFloorPlan is an AI tool that creates 2D and 3D floor plans and 360° virtual tours for real estate. It helps architects, listing agents, and homeowners visualize and showcase their properties in a realistic and attractive way. You can upload a floor plan, choose an interior style, and get a bundle of visuals within 24 hours. 

Pricing

• Basic Set: $20, 2D Floor Plan + 3D Floor Plan
• Plus Set: $35, Basic Set + Virtual Tour
• Pro Set: $45, Plus Set + Branding

Key Features

• Instant 2D, 3D, 360° visuals
• No design skills required
• Customizable styles, colors, furniture
• Photo-realistic images and videos
• AI-generated unique visuals
• 24/7 support with professional feedback

Pros:

• Generates high-quality floor plans, 3D models, and virtual tours
• Offers a wide range of styles and customization options
• User-friendly
• Competitive Pricing 
• Fast Delivery
• Money-back guarantee
• Customization includes adding company logos

Cons:

• Requires accurate floor plans for optimal performance
• Limited interior styles and furniture choices
• Inability to modify walls and doors
• Constraints on window adjustments

Julius AI 

Image Source: Julius AI

Julius AI helps you analyze and visualize your data from various sources, such as spreadsheets, Google Sheets, and databases. You can chat, ask questions, create graphs, and perform advanced analysis. Plus, Julius AI helps you discover valuable insights from your data, such as market trends, property values, customer preferences, and more. 

Pricing

• Basic: $17.99/month
• Essential: $37.99/month
• Pro: $49.99/month

Key Features 

• Connect spreadsheets, Google Sheets, and databases.
• Chat for instant data answers.
• Generate dynamic visualizations effortlessly.
• Conduct advanced analysis with ease.
• Export data in various formats.
• Utilize large language models for insights.

Pros:

• Streamlined Q&A interactions.
• Visualizes data with graphs and charts.
• AI-powered forecasting and modeling.
• Identifies and analyzes trends.
• User-friendly interface.
• Real-time and historical data analysis.
• Secure data handling and privacy.

Cons:

• The free version has limitations on features.
• Restricted options for data sources.
• Prices are high.  

Virtual House Flip

Image Source: Virtual House

Virtual House Flip lets you change the design of the exterior and interior of the house. Upload a photo of your home or use the extension to browse homes on Zillow or Redfin and see how they look with different styles and decor. Virtual House Flip is a fun and easy way to explore your creativity and get inspired by the possibilities of AI.

Pricing

• Basic Plan: Free
• Pro: $27/month

Key Features:

• Redesign with diverse styles and colors.
• Slide tool for easy comparisons.
• Seamless integration with Zillow and Redfin.
• AI redesign sharing and remixing.

Pros:

• Snap a pic for instant AI-designed suggestions.
• Offers diverse designs by top architects.
• Works with Zillow and Redfin for home visualizations.
• Sparks ideas for home decor and design.

Cons:

• This might not reflect actual renovation expenses.
• Designs may not align with user preferences.

Honeywell Forge

Image Source: Honeywell Forge

Honeywell Forge helps real estate owners and managers optimize their buildings’ performance, efficiency, and sustainability. It combines data from SAP, IoT, and building management systems to provide insights and recommendations. It helps improve occupant experience, asset reliability, energy efficiency, cybersecurity, and compliance. 

Pricing 

• Starting Price ($69.00/month)

Key Features

• Integrates operational and business data.
• AI insights for performance improvements.
• Connects with Honeywell’s hardware and cybersecurity.
• Enhances energy use, asset reliability, and more.
• Supports diverse real estate segments such as commercial, industrial, residential, and hospitality.

Pros:

• Easy to implement and use
• Good reporting and analytics
• User-friendly app for staff and visitors
• Good customer service and support
• Flexible and customizable features
• Affordable and cost-effective
• Improves security and compliance

Cons:

• Limited functionality for long-term inductions
• Dashboard requirements not met
• Network issues can affect the sign-in process

HouseCanary

Image Source: HouseCanary

HouseCanary is an AI tool for real estate that provides accurate and reliable valuations for residential properties. Using data from various sources and advanced algorithms, HouseCanary can predict the worth and trends of any home. HouseCanary also offers software and services to help investors, lenders, and consumers make smarter decisions in the real estate market.

Pricing

• $10/report

Key Features

• AI-driven Home Valuations.
• Instant Comprehensive Appraisals.
• Automated Price Estimation Models.
• Brokerage service for buying, selling, and financing.
• Robust Research-based Algorithms.
• User-friendly real estate tools via web, mobile, and API.

Pros:

• Applies AI and image recognition to real estate data.
• Offers software and services for data-driven decisions.
• Enables appraisers to customize their appraisal process.
• Positive user reviews

Cons:

• The software uses MLS data for rental estimates, which may be inaccurate.
• Expensive 
• Not for Realtors.

Wrap Up — Which AI Tool Is Best for Real Estate?

AI is not a new name for real estate. AI tools help the real estate industry by providing solutions for lead generation, property valuation, market analysis, virtual tours, and contract management. 

Above, I’ve discussed 6 best AI tools for real estate. However, there is no definitive answer to which AI tool is best for you, as each has advantages and disadvantages. The best choice depends on your specific needs, goals, and preferences. 

So, select the one that suits you best and stay competitive in real estate.