Smart glasses give auction insights, PM’s do or die moment, The new AI buyer’s agent, +news and more

Good Morning from Elite Agent

About 48 per cent of Elite Agent readers say “the sky’s the limit” when it comes to how humanoid robots could add value in the real estate industry. That result comes from our snap poll in Movers + Shakers, following the Boston Dynamics launch of its new, fully electric, version of its humanoid robot, called Atlas, last week. And it seems 92 per cent of you believe robots could have a role in the industry, with just 8 per cent of readers tipping “that’s never going to happen”. Some of you (19 per cent) say “ChatGPT is enough for now”, while 17 per cent believe a robot could help at opens or auctions and 8 per cent of you say robots could perform routine inspections.

And if you want all of the big moves in the real estate industry straight to your inbox every Sunday, subscribe to Movers + Shakers here.

Today, we are also covering:

• Smart glasses give auction insight

• PM’s do or die moment

• Hotel sector rebounds

• The new AI buyer’s agent

• And much more!

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STOP DOING THIS

Stop asking cold audiences for business on social media. Instead, provide value first by offering helpful content to build trust. Get people to opt-in for more information, then nurture those leads.

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On our radar

Smart glasses give auction insight

Virtual reality smart glasses have the potential to bring greater transparency to the real estate industry and help auctioneers and agents improve their craft. But, according to top auctioneer, Andy Reid, they won’t become widely used until they are mainstream in people’s homes. More here.

FREE Training this Friday 3rd May

Auctions where everyone wins

Session 2 in our Master the Market with Mark Kentwell series will kick off at 12.30pm AEST this Friday, May 3. The live session will teach you how to generate more interest in your auctions, drive increased competition and secure a better result for your vendor.

The three-session series is for sales agents generating up to $750K in GCI, and will help you create a plan to triple your business in the next five years. And if you missed the first session, don’t worry, because there are replays. You’ll find those, and how to register for Friday’s session on auctions, here.

Today’s Feature

Jo Oliveri: Why property management faces a do or die moment

If you ask Jo Oliveri, the property management industry is at a critical juncture when it comes to technology - evolve or become obsolete. In today’s feature, Jo explains why leveraging technology is not a threat to the industry, but a catalyst for innovation and why that change will be pivotal in steering the industry toward a future rich with opportunity. More here.

Today’s Quiz

Mirror, mirror on the wall, which hallway is AI-fabricated after all?

Brekky Browse

Meanwhile in the US 🇺🇸

Buyer’s agent with ‘AI’ difference

reAlpha Tech Corp, a PropTech company developing and commercialising AI, has launched an AI-powered, zero-commission, smart buyer’s agent. Known as ‘Claire’, the tech’s conversational interface guides homebuyers through every step of buying process, from searching for homes to closing the deal. Claire matches buyers with their dream homes using more than 400 data attributes and provides insights into market trends and property values. Claire can also assist with questions, booking property tours, submitting offers, and negotiations. More here.

Anything else?

Deal or no deal

Travis Kelce certainly doesn’t have any ‘bad blood’ with the Kansas City Chiefs, with the NFL star following in his famous girlfriend’s (it’s Taylor Swift, in case you didn’t know) very wealthy footsteps to secure a monster two-year $US34.25 million ($A52.5m) contract extension. The deal makes Kelce the highest paid tight end in the league. And, to secure the deal, he no doubt had to use some cool negotiating skills. One real estate coach that knows how to stitch together the perfect deal is Pancho Mehrotra. Discover his tips for creating value and leverage, here.

Dates for your diary

Find Elite Agent Editor Samantha McLean speaking about real estate and AI at these upcoming events:

May 2 First National Conference, New Plymouth NZ
May 10 AI Powered Agents Subscriber Masterclass (Virtual)
May 17 Raine & Horne PM Conference, Bowral, NSW
May 27 AREC, Gold Coast, Qld
June 3 Harcourts PM Conference, Gold Coast, Qld
July 12 AI Powered Agents Subscriber Masterclass (Virtual)
July 19 Leah Calnan National PM Day, Melbourne, Vic
July 30-Aug 1 Proptech Summit + Workshop, Sydney
August 11-14 Elite Retreat, Hayman Island, Qld
August 25 PPM Conference, Gold Coast, Qld