What Redfin’s learned about building real estate algorithms
The Hustle

What Redfin’s learned about building real estate algorithms

Redfin explains how it uses AI to recommend better homes and get sellers more money in less time.

AI may be better at finding your dream home than you are.

During VentureBeat’s Transform 2021 conference, Redfin CTO Bridget Frey explained how the real estate brokerage firm uses AI to help sellers net more money in less time.

Its AI learns how prospective buyers look for homes

That means which listings they click, if they schedule tours or make offers, which offers win, and what they buy. Agents across the country are also adding data.

Redfin found:

So, what’s the key to Redfin’s AI?

While that all sounds reasonable, if Redfin’s AI doesn’t recommend a place with a pool or sauna… we’re questioning its tech.

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