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FI Real Estate CEO and Broker Filippo Incorvaia joins Yahoo Finance Live to discuss how AI is helping real estate brokers and impacting the housing industry.

Video Transcript

BARBARA CORCORAN: It’s not just agents in real estate. Everybody is using it. If you have a low IQ, suddenly you can look smart. The same kind of documents you had to review that would take an hour, you see in two, three minutes. People are writing emails and texts and explanations of the market to their customers. It’s like the whole world got a genius implant. This thing is such a game changer. I’m sure it’s not just limited to real estate, but boy, is it helping us.

BRAD SMITH: That was real estate mogul and “Shark Tank” star Barbara Corcoran on the impact ChatGPT is having on the real estate market. Our next guest, FI Real Estate CEO and broker, Filippo Incorvaia, has been using the AI to streamline his business. Filippo, we got to know, how are you using ChatGPT? Is it, as Barbara says, a game changer?

FILIPPO INCORVAIA: Yes, 100%. A big fan of Barbara. In Miami, being a broker and representing my team, having wonderful realtors, I’m very lucky to have a wonderful team. But as many brokers or even realtors, sales associates, don’t have the fortune to have a great team surrounding them, we tend to do a lot of tasks all at once. ChatGPT particularly, and also, many other AIs, have really been a game changer for us. I mean, it has– to me, personally and professionally, I believe it’s one of the most remarkable inventions in human history.

Booking.com

Like Barbara said very well, it makes us all look like geniuses. It’s a tool that makes everything much easier. It’s almost like having a super assistant that is there for you 24/7 in every language possible and that pretty much can analyze everything for you in minutes and even seconds.

 

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