Ylopo develops search engine powered by AI

June 26, 2019

Always on, Real Estate Tech’s Newest AI Assistant Instantly Responds to Home Shopper Queries with Authentic Conversations

Ylopo, a leading digital marketing platform for real estate, today announced RAIYA, the future of artificial intelligence. RAIYA, which stands for Real Estate Artificial Intelligence: Your Assistant, is currently in beta with over 300 Ylopo customers. RAIYA is a virtual assistant that employs big data to communicate with home shoppers via text and works as an automated follow-up for realtors. RAIYA will be available to everyone beginning July

“The thing that makes our AI unique in the real estate space is that it’s driven by all the data we’re collecting on each user as they search for homes to buy on the search sites we provide for them. This way we can have informed conversations based on what we know the home shopper is interested in, which makes the conversations very precise and genuine,” said Juefeng Ge, Co-founder, Chief Marketing Officer, Ylopo, LLC

RAIYA feels human through its use of natural language processing (NLP) to empathize, communicate and politely converse with a wide range of home shoppers. The company’s unconstrained conversational AI was built using NLP, machine learning and dialogue management to deliver an unprecedented conversational experience. 

“At Ylopo, we pride ourselves on being the most rapidly innovating company in the real estate tech space, but our newest product release is a major breakthrough in the application of artificial intelligence to online real estate lead conversion,” said Ylopo CEO Howard Tager. “We have combined the power of artificial intelligence with our 24/7 monitoring of home shopper search behavior to create a system that automatically communicates with that home shopper, answers their questions, and provides them with relevant, on-point property and market information.”  

With 300-plus beta users, more than 10,000 conversations are already happening via text daily with 50% of home shoppers engaging in the first 30 days and 30% of them are getting qualified by RAIYA.  

“The power of Ylopo’s AI cannot be overstated. We are seeing a tremendous increase in engagement from home shoppers,” said Dawn Cordiner, Managing Broker, Soldera Properties in Lake Oswego, Oregon. “I’m amazed at how authentic the conversations are,” she added. 

SOURCE Ylopo, LLC

Join us in Madrid, November 12-15 for the Global Online Marketplaces Summit.

Property Portal Watch Madrid Summit 2019

June 26, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

redfinrocketacq
Rocket Companies Completes $1.8Bn Redfin Acquisition

Rocket Companies has finalized its acquisition of Redfin for a reported $1.8 billion, consolidating the most-trafficked brokerage site with the...

Read More
empire building hero image 1
‘An Odd Collection of Unrelated Assets’ - Is the Age of Portal Empire Building Over?

In 2019, activist investor Elliott Management wrote a letter to eBay's board in which it referred to the company's classifieds...

Read More
idealista apartments barcelona 2
Idealista Acquires Certificate Management Specialist Certicalia

Real estate marketplace Idealista has acquired 100% of Certicalia, a Spanish platform for real estate-related certifications and administrative documentation. The...

Read More
costar domain 3
Supreme Court Approves Shareholder Vote for CoStar Group's Domain Acquisition Bid

New South Wales' Supreme Court has approved a shareholder vote for Domain to decide on CoStar's proposed acquisition of the...

Read More

Editor's Pick