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PDX Real Estate EP150: Real-World Applications of AI for Real Estate Agents—with Eric Post of Huzi

The Portland Real Estate Podcast

Release Date: 04/11/2023

PDX Real Estate EP158: Navigating the Future of Real Estate: The Impact of the NAR Lawsuit and What's Next show art PDX Real Estate EP158: Navigating the Future of Real Estate: The Impact of the NAR Lawsuit and What's Next

The Portland Real Estate Podcast

Almost everything from our last Best of Masters was about the NAR lawsuit and settlement. In fact, this was our largest audience ever. Everyone is interested in knowing how this is going to play out.  In this episode, Steve and Joe share what this means to them and what it could look like going forward. They also share insightful comments and questions from listeners.   In 2021, there were 100 billion dollars in commissions in the US. Is this pie going to shrink after the NAR lawsuit and settlement? Find out what we think! The NAR lawsuit and settlement is huge. There are...

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Have you been wondering how to stay on top of all the industry, market, and technology changes in today's real estate world? Understanding market trends, compliance, and leveraging technology has never been more critical. It's not just about navigating the legalities; it's about thriving in a market that demands adaptability, foresight, and integrity. What are the emerging market trends and technological advances that can benefit today’s real estate professionals?  , a former lender turned trainer, speaker, outstanding podcast guest and host, and compliance expert, stays on the cutting...

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In 2015, Tucker Merrihew got the idea for The Portland Real Estate Podcast. And he cohosted the show for seven years. But in 2022, Tucker left the Pacific Northwest for the sun and sand of southwest Florida. What has he been up to since then? How does Naples, Florida, differ from Tucker’s old stomping grounds in Lake Oswego? What does it look like to rebuild a real estate business in a new market? On this episode of The Portland Real Estate Podcast, your hosts Joe Fustolo and Steve Nassar catch up with Tucker, discussing how he rebuilt after the move and what it’s like to operate a home...

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PDX Real Estate EP155: Unpacking Nar Developments—with Rob Levy show art PDX Real Estate EP155: Unpacking Nar Developments—with Rob Levy

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A Missouri court recently found NAR, HomeServices of America and Keller Williams liable for $1.8B in damages for conspiring to keep commissions artificially high.   And there’s a long list of copycat lawsuits advocating a shift in the way commissions are paid in real estate.   So, what might that look like? What does it mean for you and your business?   Rob Levy has been a licensed Portland REALTOR since 1988 and currently serves as Principal Broker with , a top-producer in the Pacific Northwest.   On this episode of The Portland Real Estate Podcast, Rob joins hosts Joe...

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PDX Real Estate EP154: Free-Standing Structures for Maximizing Living Space with Anthony Taylor-Weber show art PDX Real Estate EP154: Free-Standing Structures for Maximizing Living Space with Anthony Taylor-Weber

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PDX Real Estate EP153: How New Land Use Regulations Help & Hinder Development—with Ezra Hammer & Jamie Howsley of Jordan Ramis show art PDX Real Estate EP153: How New Land Use Regulations Help & Hinder Development—with Ezra Hammer & Jamie Howsley of Jordan Ramis

The Portland Real Estate Podcast

The Portland region needs 60,000 housing units to resolve the current housing shortage. What new land use laws are helping close the gap? And what legal developments make it even harder for developers to keep up with demand? Ezra Hammer and Jamie Howsley are attorneys at , a firm that serves the businesses of Pacific Northwest. Ezra and Jamie have expertise in land use and development, environmental and natural resource permitting and government affairs. On this episode of The Portland Real Estate Podcast, Ezra and Jamie join hosts Joe Fustolo and Steve Nassar to discuss what’s behind the...

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PDX Real Estate EP152: There’s Enough Real Estate for Everybody—with Justin Stoddart of ProInsight show art PDX Real Estate EP152: There’s Enough Real Estate for Everybody—with Justin Stoddart of ProInsight

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Are you inclined to compete with other real estate agents and defend your territory? Or collaborate as colleagues? At , we believe that a rising tide lifts all boats. And because there’s enough business for everybody, we share best practices with the intention of helping each other succeed. Justin Stoddart is CEO of , a platform that helps real estate agents integrate our services with other professionals, collaborating to improve our value proposition and better serve our ideal clients. Justin is also the author of . On this episode of The Portland Real Estate Podcast, Justin joins hosts...

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PDX Real Estate EP151: Conquer Client Retention (and Engage New Prospects!)—with Scott Fouser of Househappy show art PDX Real Estate EP151: Conquer Client Retention (and Engage New Prospects!)—with Scott Fouser of Househappy

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The average person lives in a home for about 7 years. And agents and lenders need to stay top of mind, so we’re there when the client is ready to move again. However, 88% of people forget their real estate team less than a year after closing. But what if there was an easy way to stay engaged with clients and support them in taking care of their home—with very little effort on your part? Scott Fouser is Chief Revenue Officer of , a tech platform that helps real estate professionals stay in front of their homeowner-clients through the gift of concierge home maintenance services. On this...

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PDX Real Estate EP150: Real-World Applications of AI for Real Estate Agents—with Eric Post of Huzi show art PDX Real Estate EP150: Real-World Applications of AI for Real Estate Agents—with Eric Post of Huzi

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No doubt you’ve read multiple news items about artificial intelligence and received several emails promoting AI trainings since launched last November. And many believe that AI technology will start a revolution bigger than anything we’ve experienced in our lifetime, including the internet. But what is AI really capable of? And how might real estate professionals use it in a meaningful way? has 20 years of experience in the industry, owning both real estate and mortgage brokerages and working in the consulting, coaching and startup space. Today, he is building a company called to help...

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PDX Real Estate 149: The NEW Oregon REALTORS Forms Library—with Jeff Wiren and Jeremy Rogers show art PDX Real Estate 149: The NEW Oregon REALTORS Forms Library—with Jeff Wiren and Jeremy Rogers

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In the spring of 2020, voted to have statewide forms administered by the state association as a member benefit—not for profit. To that end, the association made an offer to purchase the other two owners’ interests in OREF. But that offer was rejected. Consequently, Oregon REALTORS developed its own , which went live on Wednesday, February 22, 2023. , President of Premier Property Group, was President of Oregon REALTORS when the new forms were announced, and serves as the Director of Legal Affairs for Oregon REALTORS. On this episode of The Portland Real Estate Podcast, Jeff and Jeremy...

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No doubt you’ve read multiple news items about artificial intelligence and received several emails promoting AI trainings since ChatGPT launched last November.

And many believe that AI technology will start a revolution bigger than anything we’ve experienced in our lifetime, including the internet.

But what is AI really capable of? And how might real estate professionals use it in a meaningful way?

Eric Post has 20 years of experience in the industry, owning both real estate and mortgage brokerages and working in the consulting, coaching and startup space.

Today, he is building a company called Huzi to help small business owners and entrepreneurs leverage artificial intelligence to expand their business.

On this episode of The Portland Real Estate Podcast, Eric joins hosts Joe Fustolo and Steve Nassar to discuss the AI language model known as ChatGPT and describe how it allows us to have conversations with a given data set.

Eric explores real-world applications of AI in real estate, sharing his vision of how we might use AI to improve the client experience and create efficiencies in writing deals and conducting valuations.

Listen in to understand what skills you need to use AI effectively and learn how to leverage ChatGPT to solve problems in your real estate business and do more for your clients than ever before!

Key Takeaways 

What aspect of ChatGPT inspired Eric to build a company around this technology

The difference between a language model like ChatGPT and general intelligence

What skills you need to use AI technology like ChatGPT effectively

Eric’s vision of how we might use AI in real estate to improve the client experience

How what ChatGPT can do is a reflection of your creativity as a user

How AI like ChatGPT allows you to have a conversation with a given data set

The value in leveraging ChatGPT to design your business strategy

What it looks like to be successful using AI as a real estate agent (now and in the future)

How to use ChatGPT AI to build relationships with prospective clients

What kinds of jobs ChatGPT is likely to eliminate and how quickly that might happen

Why ChatGPT is only trained on data through the end of 2021 and when it might be updated

The imminent transition from SEO keyword to AI optimization strategies

How AI might change the way we write real estate deals and do valuations and inspections

Eric’s advice for agents on how to survive in a world built on AI

The real estate product Eric is developing to help agents answer questions with AI 

Connect with Eric

Huzi

Eric on LinkedIn

Eric on Facebook

Email [email protected]  

Connect with Joe

Soldera Properties

Joe on LinkedIn

Connect with Steve

Steve’s Team at Premiere Property Group

Steve on LinkedIn

Resources

Masters in Real Estate Facebook Group

Eric on The Portland Real Estate Podcast EP117

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