Aug. 26 at 8:29 AM
$OPAD $OPEN $RMAX …Such AI innovations could lead to
$34 billion in efficiency gains for the real estate industry by 2030, according to Morgan Stanley Research, which analyzed tasks performed by 162 real estate investment trust (REIT) and commercial real estate (CRE) firms, with a combined
$92 billion of labor costs and 525,00 employees. The analysis indicated that 37% of the tasks that these companies perform can be automated, particularly in management; sales and related activities; office and administrative support; and installation, maintenance and repairs.