Adoption of AI Technologies in property valuation prediction in Real-estate settings:
This research paper will investigate the impact of the use of artificial intelligence to predict real estate prices/ in property valuation prediction. You will discuss how artificial intelligence is helping real estate organizations to be more successful with respect to the impact that AI Technology has on the predication of real estate prices.
Objectives of paper:
1. To identify a theoretical explanation for artificial intelligence and devise a theoretically-grounded discussion towards understanding its contributions to organisational success in real estate.
2. Identification of how artificial intelligence would allow for more success to internal real estate agents in identifying more efficient ways for property valuation prediction.
3. Drawing on normative literature, explain the main principles of artificial intelligence in property valuation. Highlighting key opportunities that AI can offer. For example, how AI technologies can potentially offer value to real estate firms. What added value can the technology offer compared to existing systems of real estate valuation?
4. Explain, drawing on the theoretical explanation, the application and the potential added value of that AI can contribute towards organisational success. Ensure to identify the specifics that can facilitate success.
5. Discuss how AI collectively offers value to the organisation while at the same time acknowledging its shortfalls and limitations. Such limitations can refer to, among other things, alternative positions that might approach the issue differently from the way you have examined it. This includes alternative perspectives or technologies and potential risks to your proposition.
The success factor would be how the technology can assist in valuation and how that can impact overall performance of real estate organization.
The fundamental goal of the assignment is to get you to demonstrate an understanding of the role of digital innovations in driving success in organisations and how these technologies can be applied to real-world contexts.
Assessment requirements:
• Clear and logical assignment structure
• Application and understanding of relevant concepts and/or theory
• Identification, use and depth of relevant evidence to substantiate discussion/analysis
• Justification for statements/assumptions made
• Critical evaluation, rather than a descriptive stance
• Awareness of the context of the problem
• APA Citation and referencing (sources, relevance, range, citation accuracy)
• The word limit is 3000 words
• IN ABSTRACT: To include at least five relevant academic references and a potential key academic article
• Total more than 25 references
• Paper structure: Abstract, Introduction, Body, Conclusion