Mogul.sg, a local property portal in Singapore, recently introduced Maia, an innovative AI agent designed to simplify the home-buying process. This groundbreaking tool scans over 100,000 property listings on major housing sites, helping buyers find their ideal homes quickly and cost-effectively. Unlike traditional agents who typically charge around 1% in commission, Maia offers a significantly lower fee of just 0.2%. Users can search for homes by entering their preferences and receive curated listings. Maia even arranges viewings through WhatsApp, streamlining the entire experience. With AI’s rise, property agents must adapt to maintain their relevance in this evolving Market.
Source: Straits Times
Article Date: 07 Feb 2025
Author: Osmond Chia
Mogul.sg Launches Singapore’s First AI Property Agent
On February 5, Mogul.sg unveiled Maia, Singapore’s first AI property agent designed to simplify the home-buying process. This innovative tool assists potential buyers in finding their dream homes by searching through over 100,000 listings from major platforms like 99.co and PropertyGuru.
What Makes Maia Unique?
Maia is not just any property agent; it’s an AI assistant that connects with property agents via WhatsApp to organize viewings for users. While traditional agents might charge as much as 1% in commission fees, Maia offers a significantly lower rate of just 0.2%. This change aims to address common frustrations buyers face when dealing with sellers’ agents, ensuring a fairer transaction process.
Improving the Home Buying Experience
Gerald Sim, CEO of Mogul.sg, explained that buyers often struggle to manage multiple calls and listings when searching for a property. With Maia, homebuyers can simply input their preferences—like location, price, and desired amenities—and receive curated suggestions. Users can save their favorite listings and request viewings with a few clicks.
The AI uses Google Cloud’s Vertex AI platform, which allows it to navigate real estate sites and communicate in various dialects, including Singlish. During a recent demo, Maia effectively scheduled viewings and handled negotiations with ease.
The Future of Property Buying
As more AI tools enter the real estate Market, experts predict a shake-up for traditional agents. Nicholas Mak, chief research officer at Mogul.sg, noted that the agent Market has been saturated, emphasizing that real estate professionals need to enhance their services to remain competitive.
Although AI is transforming the home-buying landscape, agents still play a crucial role in negotiations and client relationships. Real estate professionals must continue to offer personalized services that AI cannot replicate.
In conclusion, Maia represents a significant advancement in the property Market, aiming to save time and costs for home buyers. As technology evolves, it will be interesting to see how traditional agents adapt to these innovative tools.
Tags: AI property agent, home buying Singapore, real estate technology, Maia, Mogul.sg
What is the new AI chatbot for property deals in Singapore?
The AI chatbot is designed to help buyers with property transactions in Singapore. It can provide information, answer questions, and assist in making buying decisions without needing a human buyer’s agent.
How does the AI chatbot work?
The chatbot uses smart technology to understand your questions and provide useful answers. You can chat with it on the website to get guidance on listings, pricing, and property regulations.
Is the AI chatbot reliable for property advice?
Yes, the AI chatbot is programmed with up-to-date information about the Singapore property Market. However, it’s always good to double-check important decisions with a professional if needed.
Can the AI chatbot help me find my dream home?
Absolutely! The chatbot can help you search for properties based on your preferences. Just tell it what you are looking for, and it will suggest suitable options.
Is there a cost to use the AI chatbot?
Using the AI chatbot is free. You can access all its features without any charges, making it an easy way to explore property options in Singapore.
