Vlatka Bathgate

The Future of Real Estate: How Robots Could Revolutionize the Industry

I almost bought a robot!

It was the Unitree G1. I am always looking for ways to innovate and be on the cutting edge. A decade or so ago I was the first realtor using drone photography and the media attention gave my sales a great surge to the benefit of my customers. The biggest craze of the next two years will be the inundation of domestic robots. So why didn’t I buy it? Because it’s not quite there as a practical option, but it is darn close.
It’s exciting to imagine how advanced technologies could reshape real estate. While robots might seem like science fiction, they are steadily making their way into various sectors, and the real estate industry is ripe for transformation. Here’s a look at the possible uses of robots in real estate and how they could benefit both realtors and clients.

Showing off my drone for a Lamorinda Weekly Article

1. Virtual Home Tours with Autonomous Robots
In recent years, virtual home tours have become an essential part of the real estate business, particularly in response to global events such as the pandemic. However, the future may see these tours go beyond static videos and 360-degree images. Autonomous robots equipped with cameras and sensors could offer real-time guided home tours. Imagine a robot greeting potential buyers, guiding them through the property, and answering their questions via AI, all without the need for the realtor to be physically present. This would enable realtors to serve multiple clients simultaneously and cater to buyers from different time zones.

2. Property Maintenance and Inspections
Robots could play a vital role in property maintenance and inspections. Drones or ground robots could autonomously inspect large properties or high-rise buildings, identifying issues such as structural damage, leaks, or mold. Not only would this increase the speed of inspections, but it could also reduce human error, providing a more thorough assessment. For realtors, this means they could offer clients an added service—providing detailed and accurate reports about a property’s condition before listing it, helping buyers make informed decisions.

3. Client Interaction and Chatbots
Robotic assistants could be integrated with AI-driven chatbots, providing 24/7 client interaction. For example, a robot at a real estate office or open house could answer questions, schedule appointments, and even suggest properties based on a client’s preferences. These robotic assistants could enhance the client experience by providing instant, accurate responses while freeing up the realtor’s time to focus on closing deals and building relationships.

4. Security Patrols for Vacant Properties
For properties that are unoccupied or under construction, security is always a concern. Robots equipped with cameras and sensors could patrol vacant properties, ensuring they remain secure and reporting any suspicious activity. Realtors could receive real-time updates and alerts, adding an extra layer of protection and peace of mind for both the realtor and the property owner.

5. Assistance with Accessibility
Robots could also assist in making properties more accessible to individuals with disabilities. For instance, robotic guides could help navigate complex spaces, open doors, or provide information in sign language. This would make home tours more inclusive and allow realtors to better serve a diverse clientele.

Final Thoughts
The introduction of robots into the real estate sector may seem far off, but the technology is advancing rapidly. From autonomous property tours to enhanced data collection and client interaction, robots could play a pivotal role in revolutionizing the way real estate is bought and sold. By embracing these innovations, realtors can improve efficiency, increase client satisfaction, and stay ahead of the competition in an ever-evolving industry.

As a realtor, it’s worth staying informed about these developments—not only to envision the future of your business but also to adapt and thrive in an increasingly tech-driven world. While robots may never replace the personal touch that experienced realtors provide, they can certainly enhance the services and make the process more seamless for all involved.

With advancements in robotics and AI, the future of real estate is full of exciting possibilities. What are your thoughts on how robots could transform the industry? Let’s discuss in the comments below!