In Singapore, a new AI property agent named Maia has been launched by the local portal Mogul.sg. This innovative tool scans over 100,000 home listings from popular sites like 99.co and PropertyGuru, helping home buyers find their dream homes more efficiently. Unlike traditional agents, Maia contacts sellers’ agents via WhatsApp to schedule property viewings, charging just 0.2 percent in fees compared to the usual 1 percent. This change aims to streamline home searches and reduce costs for buyers, making the process easier. While AI is transforming the industry, experts believe that human agents still play a vital role in negotiations and understanding clients’ needs.
SINGAPORE – The future of property buying may involve less human interaction and more artificial intelligence. Local property portal Mogul.sg has launched Maia, an AI-powered agent that will help home buyers navigate their search for the perfect house in Singapore.
Maia searches over 100,000 home listings from popular real estate websites like 99.co and PropertyGuru. This revolutionary tool is designed to simplify the buying process, providing recommendations tailored to the buyer’s preferences, such as location, price, and type of home. Unlike traditional agents who typically charge a higher commission, Mogul.sg only takes a 0.2 percent fee, making it a more cost-effective option.
How Maia Works
Home buyers can easily access Maia through the Mogul.sg app or website. After entering their desired home details, Maia curates listings and allows users to like or dislike options. If a user finds a listing they like, they can request a viewing, and Maia connects with the seller’s agent via WhatsApp to arrange it. By automating this process, home buyers no longer need to juggle multiple calls or messages to schedule appointments.
What Makes Maia Unique
Powered by Google Cloud’s Vertex AI Platform, Maia can even understand local slang, making communication more seamless. The AI is designed to streamline the entire home-buying process, saving buyers significant time and effort.
Market Impact
Experts believe Maia’s introduction will shake up the property Market in Singapore, prompting traditional agents to enhance their services. With many agents competing for fewer sales, the presence of AI could encourage them to provide better value to clients.
In collaboration with Mogul.sg, real estate firm PropertyLimBrothers aims to raise awareness about how Maia can benefit both buyers and sellers. While AI might take over certain aspects of the home-buying experience, experts emphasize that human agents still bring invaluable expertise in negotiation and understanding client needs.
As Maya demonstrates AI’s potential to transform real estate, traditional property professionals are advised to adapt and incorporate technology to remain competitive.
This new service not only addresses common frustrations in the home-buying process but also paves the way for a smoother, more efficient experience for all involved.
For those looking to buy their new home, consider leveraging Mogul.sg’s innovative AI agent, Maia, to make your search easier and more affordable.
What is the new AI chatbot for property deals in Singapore?
The new AI chatbot helps people buy and sell property in Singapore. It can answer questions, give advice, and guide users through the buying process, making it similar to a human buyer’s agent.
How can the chatbot help me in buying a property?
The chatbot provides information about properties, Market trends, and financing. It can also suggest suitable homes based on your needs and budget, making the buying process easier and faster.
Is the AI chatbot reliable for property advice?
Yes, the chatbot uses up-to-date data and algorithms to provide accurate information. However, it’s always good to double-check with human experts for important decisions.
Can I use the chatbot to negotiate property prices?
While the chatbot can give tips and strategies for negotiating, it can’t negotiate directly. It can help prepare you for negotiations with useful insights and advice.
Is the AI chatbot available 24/7?
Absolutely! The chatbot is always online. You can ask questions or get help at any time, making it a convenient option for busy buyers.
