US-based MRED to become first MLS to offer Restb.ai AI services

May 1, 2019
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Illinois-based Midwest Real Estate Data (MRED) recently signed an agreement with Catalonian AI company, Restb.ai. The partnership will make Restb.ai’s revolutionary technology available to MRED’s 45,000 brokers and appraisers who use its multiple listing service (MLS).

MRED real estate professionals are bound to enjoy the time-saving benefits due to the partnership, as many listing details will instantly be populated once a property’s photos are uploaded. The incorporation of Restb.ai’s computer vision into MRED’s listing input module will automatically pull information from photos and enter that data directly into the appropriate fields.

Restb.ai’s technology can detect and report room types such as kitchen, bathroom and office, as well as features like natural light, hardwood floors, stainless steel appliances, and kitchen islands, among many other attributes that are relevant to common searches in the home-buying process based on information that previously had to be populated manually.

“Restb.ai is excited about the new partnership with Midwest Real Estate Data (MRED), one of the largest MLS’ in the US. The ultimate goals our two companies are embarking on are to save time and reduce hassle for MRED’s brokers and appraisers by automating many tedious tasks through the power of artificial intelligence,” said Angel Esteban, CEO of Restb.ai

Rebecca Jensen, President/CEO, MRED said that the company is always looking for new ways of bringing value its clients as well as solutions to obstacles they may be experiencing. “The best part of this AI integration is the tangible benefits it delivers to our marketplace,” added Jensen.

“We brought in this technology because it will save time and reduce hassle, which is exactly what artificial intelligence should do,” stated MRED Chief Technology Officer Chris Haran. “We’re only scratching the surface of AI’s capacity to improve the MLS experience and we’re aggressively pursuing more enhancements like this that make life easier for real estate professionals.”

 

 

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May 1, 2019

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