'Not a chatbot on the sidelines': Ridley AI wants to automate your home sale and eliminate 6% commission fees
Mike Chambers, the CEO behind an AI home selling platform called Ridley, spoke to Tom’s Guide to provide some commentary on AI’s impact on the real estate industry and more.
Selling a home is a complex and daunting process that involves setting an appropriate price, promoting the property, and handling legal paperwork and negotiations, all of which can be overwhelming. In today's world where AI is being utilized in various aspects of life, homeowners are increasingly turning to AI-driven tools to assist them in their real estate endeavors.
While many AI skeptics may dismiss the idea of incorporating AI into home selling, companies such as Zillow, Redfin, and Realtor.com have embraced this technology to optimize marketing and the selling process. The question of whether AI can actually sell a home has been answered positively, thanks to the emergence of Ridley, an AI-powered real estate platform designed to streamline the home selling process.
CEO Mike Chambers recently shared insights into the platform's development, its impact on homeowners, and the limitations of AI in real estate.
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