About The Real Estate Group

The Real Estate Group (TREG) "Partners in Excellence"

The mission of The Real Estate Group, LLC is to be Hampton Roads finest provider of real estate services. Our goal is to create a company that provides absolutely the best service for our customers by fostering an environment of teamwork and a common vision. The Real Estate Group, LLC consists of an accomplished team of skilled professionals who take pride in their work and their company. We work hard to go beyond the expectations of our customers, agents, and employees.

How Computer Vision Is Changing The Real Estate Experience

Have you ever felt your eyes begin to cross after hours of sifting through listings on the MLS?

Trust me — your clients have, too. In a time where both consumers and real estate agents have so much information at their fingertips, it can be overwhelming. We begin to have trouble recalling special property features, what listing has what, or even how many listings we looked at.

RealScout co-founder and CEO Andrew Flachner likened it to sifting through a jar of jelly beans at Inman Connect San Francisco last week, noting that the difficulty of recalling property features is not unlike the difficulty of recalling one among hundreds of specific textures, colors or flavors.

“You wouldn’t want to mix up a buttered popcorn with a piña colada,” he joked as he drew the correlation of mixing up an open layout with a galley kitchen.

Flachner makes the point that while jelly beans may make us laugh, the differences in property features that are arguably just as difficult to identify can be “potential dealbreakers for clients.”

And just as listeners were feeling discouraged that they’d ever be able to recall many of the slight differences that are so important to their clients, Flachner brought in the role that computer vision plays in the process.

Don’t be so quick to think that the bot has finally beaten the human. Computer vision — much like the technology used in the photo tagging feature on Facebook — is, ironically, something that must be created by humans.

Flachner said the “ultimate goal of computer visioning is to model, or replicate, human vision using software and hardware at different levels.”

However, humans still have an extremely important role in determining the accuracy of computer vision. Or, in English, “hundreds of thousands — sometimes even millions — of photos must be processed by humans in order to train the model to identify people, faces and room types like kitchens, dining rooms, living rooms, bedrooms, bathrooms, etc.”

So, what will this future of computer vision begin to look like in real estate? Well, given that consumers crave a highly photo-centric homebuying search, computer vision really may be the future of what search looks like in our industry.

For the complete article on computers and the home search experience on Inman.com please click HERE.

About The Real Estate Group

The Real Estate Group (TREG) "Partners in Excellence"

The mission of The Real Estate Group, LLC is to be Hampton Roads finest provider of real estate services. Our goal is to create a company that provides absolutely the best service for our customers by fostering an environment of teamwork and a common vision. The Real Estate Group, LLC consists of an accomplished team of skilled professionals who take pride in their work and their company. We work hard to go beyond the expectations of our customers, agents, and employees.