homegenius Real Estate Rolls Out Cutting Edge AI-Powered Home Search, Unlocking Property Intelligence from Listing Photos
May 23 2023 - 5:30AM
Business Wire
New AI Capabilities Help Home Buyers Search for
and Value Their Dream Home, One Picture at a Time
homegenius Real Estate has unveiled an Artificial Intelligence
(AI)-powered home search portal at www.homegeniusrealestate.com
that provides home buyers and sellers with an unprecedented level
of property intelligence about active listings, driven by the
company’s homegeniusIQ technology. homegeniusIQ applies proprietary
artificial intelligence harnessing image recognition and computer
vision technology to analyze real estate images to assess and
estimate room condition and property features.
By unlocking data from property photos, homegeniusIQ helps
inform a property's value and substantially improves the home
search process, allowing home buyers to conduct better searches and
glean deeper insights. Its cutting-edge models can identify and
assess room type, room condition and more than 50 objects inside
and outside of a home that impact its value—breaking down the
biggest barrier to meaningful automated real estate insights.
At homegeniusrealestate.com, users can also upload photos to
search for properties that match their desired attributes,
instantly translating a dream home “vision board” into an array of
listings that are available on the market. All personalizations can
be saved by consumers to allow them to apply their dream home
requirements to any neighborhood or market, instantly.
“Artificial intelligence is poised to truly transform the way
home buyers and agents buy and sell homes, and homegeniusIQ is at
the leading edge of the revolution,” said Eric Ray, senior
executive vice president, chief digital officer and co-head of
homegenius. “By allowing home buyers to upload photos that
illustrate what they’re looking for in a kitchen, bedroom, bathroom
and/or family room, homegeniusIQ enables users to match their
vision of a dream home to a property in the real world.”
Highlights of homegeniusIQ’s artificial intelligence, image
technology:
- Automatically analyzes property photos to identify and assess a
home’s condition.
- Identifies objects, finishes and materials that impact the
potential consumer value.
- Intelligently evaluates property condition to offer more
accurate value estimates and refine search results.
“homegeniusIQ powers the homegenius Real Estate search, offering
a totally new way to search for a home,” said Brien McMahon, senior
executive vice president, chief franchise officer and co-head of
homegenius. “Our proprietary AI technology makes it possible to
conduct searches based on a home’s appearance and condition — far
beyond what’s possible with conventional search filters — to help
homebuyers find exactly what they’re looking for.”
About homegenius
homegenius Inc., a subsidiary of Radian Group Inc. (NYSE: RDN),
and its family of companies combine an array of title, real estate
and technology products and services into a full-service ecosystem.
homegenius offers innovative experiences from search to close,
enabling mortgage lenders, mortgage and real estate investors,
consumers, GSEs, and real estate brokers and agents to benefit from
integrated and personalized solutions leveraging advanced
technology and the latest advancements in data science, machine
learning and artificial intelligence. Real estate services provided
by homegenius Real Estate LLC and homegenius Real Estate Inc.
(collectively dba homegenius Real Estate), each a subsidiary of
homegenius Inc. 7730 South Union Park Avenue, Suite 400, Midvale,
UT 84047. Tel: 1-877-500-1415. homegenius Real Estate LLC and its
wholly owned subsidiary are licensed in every state and the
District of Columbia. For additional information on the homegenius
family of companies, please visit homegenius.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230523005228/en/
For the Media: Rashi Iyer – Phone: 215.231.1167 Email:
rashi.iyer@radian.com For Investors: John Damian – Phone:
215.231.1383 Email: john.damian@radian.com
Radian (NYSE:RDN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Radian (NYSE:RDN)
Historical Stock Chart
From Apr 2023 to Apr 2024