AI & Real Estate Glossary
Key terms and definitions for AI and real estate technology.
3D Rendering
Virtual RealityThe process of creating photorealistic images from 3D models for property marketing.
Automated Nurture Sequence
CRMAI-driven communications (email, SMS, calls) that automatically engage and qualify leads over time.
Automated Underwriting
TransactionAI-powered evaluation of mortgage applications that assesses borrower risk and property value to speed up loan decisions.
AVM (Automated Valuation Model)
Property ValuationAn AI-powered system that estimates property values by analyzing data from public records, recent sales, and market trends.
Comparative Market Analysis (CMA)
Property ValuationA method of estimating property value by comparing to similar recently sold properties — increasingly AI-enhanced.
Computer Vision
AI TechnologyAI technology that analyzes and interprets visual information from images and videos.
Deep Learning
AI TechnologyAdvanced machine learning using multi-layered neural networks for complex AI applications.
Digital Twin
Virtual RealityA virtual 3D replica of a physical property enabling remote walkthroughs and spatial analysis.
Generative AI
AI TechnologyAI systems that create new content — images, text, floor plans, or virtual staging — rather than just analyzing existing data.
Geospatial Analytics
Data ScienceAI-powered analysis of location-based data combining satellite imagery, mapping, and property records.
Lead Scoring
CRMAI-driven method of ranking sales leads by their likelihood to convert, based on behavioral data.
LLM (Large Language Model)
AI TechnologyAn advanced AI model trained on vast text datasets, capable of understanding and generating human-like language for real estate applications.
Machine Learning
AI TechnologyCore AI technology where algorithms improve through experience by analyzing data patterns.
NLP (Natural Language Processing)
AI TechnologyA branch of AI enabling computers to understand, interpret, and generate human language.
Predictive Analytics
Data ScienceThe use of AI and statistical algorithms to identify future outcomes based on historical data.
PropTech
IndustryProperty Technology — the broad category of software and tools that innovate in the real estate industry.
ROI Analysis
AnalyticsCalculation of return on investment — AI-enhanced to factor in market trends and appreciation forecasts.
Virtual Staging
MarketingThe use of AI to digitally furnish and decorate empty rooms in property photos.