Скачать или смотреть AI and the Future of Real Estate | Dennis Riccio, CAAR President

Hi, I’m Dennis Riccio, President of the Central Arizona Association of REALTORS®.

Artificial Intelligence is transforming how we work in real estate — from pricing homes to managing transactions to keeping our clients safe from fraud. In this update, I’ll walk through what’s happening now, what’s on the horizon, and how REALTORS® can embrace these tools while staying compliant, ethical, and client-focused.

AI is transforming real estate — from pricing to marketing to fraud prevention.

In this in-depth update, CAAR President Dennis Riccio explores how Artificial Intelligence is already reshaping how REALTORS® and brokers work in Arizona, what tools are in use now, and the key ethical and legal safeguards professionals need to know.

🧠 Highlights from the Article:
• AI-driven property valuation and smarter pricing predictions (AVMs, analytics)
• Chatbots and AI assistants for client communication and lead generation
• Automating transaction management and office operations with AI tools
• AI in property management, maintenance, and energy efficiency
• How appraisers are using AI for faster, higher-quality valuation work
• Legal and ethical responsibilities under Arizona ADRE rules and Fair Housing law
• Protecting clients from AI-enhanced fraud, deed theft, and deepfake scams

💬 Key Takeaway:
AI isn’t replacing REALTORS® — it’s empowering us to deliver faster, smarter, and more accurate service. But it also demands vigilance, accuracy, and a renewed focus on compliance and trust.

👥 About CAAR:
The Central Arizona Association of REALTORS® represents REALTORS®, brokers, and affiliates throughout Rim Country, promoting professional excellence, community leadership, and ethical real estate practice.

🔗 Read the full article:
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