AI for Estimating Home Prices - with Stefan Boronea of Proportunity
Today’s guest is Stefan Boronea, Co-Founder and CTO of Proportunity. Based in London, Proportunity is a company that has raised over $170M. In this episode, we dive into the topic of where machine learning can add value in terms of accurately predicting the price of homes both now and in the future. Stefan highlights the kind of data and features that are important to understand the price of a home in the present and the future. Another critical idea he shares is about the future of the market when both buyers and sellers have access to vastly more accurate data on estimating and forecasting prices. He discusses these ideas from the standpoint of buying and selling houses and gives a perspective on how they may impact larger assets. If you’re interested in unlocking our AI best practice guides, frameworks for AI ROI, and specific resources for enterprise leaders, visit emerj.com/p1.