DataFuture of AI

CoreLogic launches AI-driven platform to change the home buying experience

Global property information, analytics, and data-enabled solutions provider, CoreLogic, today announced in a company press release the debut of their new AI-driven platform, OneHome.

The global property information providers’ new AI-driven platform enables collaboration for real estate agents and their clients looking to buy, sell, or make improvements to a property and is expected to be available in North America to over 850,000 real estate agents towards the end of 2020.

CoreLogic claim that its new AI-driven platform can offer a streamlined end-to-end solution for buying property covering the different stage from browsing and finding a property, financing and insuring that property, through to making any improvements.

Frank Martell, president and CEO of CoreLogic expressed his excitement to bring the AI-driven platform to market by saying: “As we expand our reach into home marketing services and leverage our national footprint, CoreLogic is excited to bring a high impact and innovative solution that significantly improves the home buying experience for consumers, real estate agents, and other stakeholders in the home marketing, selection, and buying process. We believe that the OneHome tool is a major step forward in providing millions of home buyers with a richer and more efficient experience when buying and owning a home, and we are thrilled to continue to enable real estate professionals and other participants around the U.S. to make the dream of homeownership a reality every day.”

global property information
Credit: CoreLogic

CoreLogic is a global property information provider of various analytical insights and solutions for the housing market. Their solutions include underwriting, valuation, market and prospect intelligence, and risk management.

The global property information provider has customers in several verticals of the property market with CoreLogic claiming to be trusted by 1.2m+ real estate professionals, 9,000+ mortgage banks and lender, 300+ capital markets, 4,500+ property management companies, 21 federal agencies, and 500+ property and casualty insurers.

Through its property data solutions, services, and technologies, the global property information provider enables businesses like the above, and their end-users, find, acquire, and protect their homes.

The global property information company has nationwide real estate data that users can get instant access to after purchase. CoreLogic claims to have 99.9% of properties listed on their database with over 4.5bn records spanning over 50 years across more than 3,100 counties.

global property information
Credit: CoreLogic

Businesses are increasingly making changes to their platforms by introducing AI with the aim to increase business value and make the business more efficient. Only recently DataRobot announced they were releasing new AI features for their platform and TechData also announced this week their plans to invest $750m in a digital transformation initiative.

The global property information states that their business’s new AI-driven platform, OneHome, hosts the entire homebuying process online, creating channels of communication for CoreLogic clients and their end-users which can connect all touchpoints to a homeowner and buyer.

The AI-driven digital platform aims to enhance the experience and reduce the pain points of customers by using their AI-enabled search to find people the right home, give the homebuyer and agent an intuitive guide for the process, and a virtual marketplace that connects homebuyers to mortgage, property, casualty insurance, and home improvement options.

“The roll-out of OneHome to our member REALTORS® will be a game-changer. Now that the real estate industry is facing new challenges, it’s important for REALTORS to develop lasting relationships with their clients,” said Carl DeMusz, president and chief executive officer, Yes-MLS. “By directly involving clients and providing them with verified resources, our agents are able to cement trusting relationships by guiding homebuyers through one of the biggest decisions of their lives.”

Author

  • Tom Allen

    Founder of The AI Journal. I like to write about AI and emerging technologies to inform people how they are changing our world for the better.

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