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This B.C. real estate agent created an AI assistant. But don’t expect it to know where the best schools are

This B.C. real estate agent created an AI assistant. But don’t expect it to know where the best schools are

A Vancouver real estate agent is using artificial intelligence to help sell houses, inventing a tool that pulls data from every multiple listing service (MLS) property in the Lower Mainland to provide positive and negative analysis for buyers and sellers.

Richard Morrison, a local real estate agent of 20 years, has led a team that’s spent months creating AI PropertyIQ, which merges the MLS data with GPT-4 OpenAI technology, analyzes that information and converses with users on a chat-based system to tailor their prospects.

“You should be able to check whether you’re making a good purchase, essentially,” said Morrison.

“This data already exists on certain websites, but it’s only data — the thing that changes this is that it’s an analysis.” 

While the tool can be helpful, one AI expert cautions users over the technology’s limitations. 

Morrison says the tool on his website is accessible to anyone, and that hundreds