Abstract:

Artificial Intelligence (AI) is evolving rapidly; however, the Real Estate Industry is slow to adopt AI Technologies. From the Real Estate point of view, Artificial Intelligence may be defined as utilization of computing methodologies upon a large dataset of real estate related data, providing insight into prices or trends beyond human cognitive capabilities. In this publication, quires, using natural language, on a dataset using an appropriate AI model running on a local computer is discussed. The dataset selected for this analysis is obtained from the public records of the Palm Beach County Property Appraiser’s website. Palm Beach County is in the State of Florida, USA. Here, all real estate transactions are recorded with the Public Property Appraiser. This data is available to the public, thus providing a reliable low, or no cost dataset.

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