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Robots to Replace Real Estate Agents?


Real Estate was once the sole province of agents in the field, showing homes and rental units to prospective buyers.

Not anymore.

Zenplace, a rental management company based in San Francisco has developed a robot-like “agent” that can roam from room to room along with prospective renter.

No, these real estate robots aren’t as advanced as R2D2, but they get the job done.

The “robot,” really a moveable video monitor, allows the rental agent to talk to the prospective renter through the screen. The agent can also move the device throughout the home or apartment.

"Robots are part of our end-to-end solutions," said Rahul Mewawalla, CEO of Zenplace. "What our robots really do is reduce the leasing period and cut down vacancy times for owners. Tenants can now literally go from seeing a place they like to renting it in a matter of minutes versus the days and weeks it traditionally took."

For the full article, click HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion-dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.

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