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Insights on how to use AI in real estate for property managers, investors, and brokers.

A/B Testing Pricing for Multifamily Revenue Management
September 27, 2023

A/B Testing Pricing for Multifamily Revenue Management

As the real estate data science team at Hello Data has been analyzing rent and time on market from apartments across the country, we’ve noticed an interesting phenomenon in some properties… they keep a few units on the market seemingly forever.

Data Science
Why your company needs an AI prompt library
September 20, 2023

Why your company needs an AI prompt library

Prompt libraries serve as centralized, categorized repositories of prompts that enhance the efficiency and reliability of AI models. They are particularly useful for tasks like image and text generation. This article highlights added functionalities like version control and data governance that make these libraries invaluable.

General
Extracting Rent Concessions and Calculating Net Effective Rent with AI
September 12, 2023

Extracting Rent Concessions and Calculating Net Effective Rent with AI

Explore how to analyze and leverage rent concessions in real estate with HelloData's advanced technology. Learn about net effective rent, the importance of rent comps, and how we automate the process for you.

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How to Find Rent Comps with AI
September 8, 2023

How to Find Rent Comps with AI

The data science team at HelloData.ai recently launched a new rent comp analysis algorithm that combines the power of computer vision and AI to generate an incredibly robust multifamily market analysis in seconds. In this post, we’ll delve into some of the techniques we're using to identify and analyze comparable properties with greater precision than ever before.

Products
Real Estate Insurance Cost Increase Analysis
July 25, 2023

Real Estate Insurance Cost Increase Analysis

On average, insurance costs have increased by about 27% from 2020 through the end of 2022. The Midwest saw the lowest increases from 2020 – 2022 at only 21%, while the South experienced a 39.3% increase in insurance costs over the same time period.

Data Science
Automating Weekly Rent Surveys with RentSource.ai
June 13, 2023

Automating Weekly Rent Surveys with RentSource.ai

Whether you’re a property manager looking to monitor competitor rents, a broker generating an opinion of value, or an appraiser looking for the perfect floorplan comps – doing an accurate rent survey is time consuming. Fortunately, we built RentSource to eliminate this manual work.

Products
Building Great Internal Products – Part I: Cultivating the Right Culture and Values
June 5, 2023

Building Great Internal Products – Part I: Cultivating the Right Culture and Values

The process of developing internal products comes with a minefield of potential pitfalls unique from those of external customer-facing products. This nuanced landscape demands a different approach to product development – one that borrows from the agility of startups, but scales to fit within the organizational dynamics of larger companies.

General
Logo & Watermark Detection in Real Estate Images using Computer Vision & AI
May 20, 2023

Logo & Watermark Detection in Real Estate Images using Computer Vision & AI

The world of online real estate listings is plagued by a major issue - inappropriate use of images with logos or watermarks. Our proprietary technology at HelloData.ai effectively identifies, tags, and flags images with non-conforming watermarks and logos. Using the latest breakthroughs in computer vision, our unique watermark model spots images and videos containing artificially added watermarks, logos, and text overlays.

Products
AnyExtract.ai - Automated Due Diligence for Commercial Real Estate
May 18, 2023

AnyExtract.ai - Automated Due Diligence for Commercial Real Estate

If we can generate a commercial lease abstract in minutes vs hours, capture comparable sales data from appraisals without an underwriter ever opening the document, and help acquisitions analysts deal with the continual onslaught of offering memos flooding their inboxes each week, I think we’re going to make life a whole lot better for real estate professionals.

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