Find Real Estate Agents and Homes for Sale


Real Estate News --> Rhode Island News

Former Firehouse in Rhode Island Needs a Buyer to Deliver New Spark


The chance to continue the evolution of an old Rhode Island firehouse should set off sparks in the minds of enterprising buyers. We found this mixed-use, 7,305-square-foot property in Providence on the market for the bargain price of $537,000. The bottom ...


Archived Story

The next time you buy a house, it might not be from a real estate agentAt least, not an agent of flesh and bloodReal estate agencies and some startups have started employing robots to do some of the perfunctory jobs that their realtors typically do, incorporating artificial intelligence (AI) into their workplace. The Wall Street Journal (WSJ) highlighted three of these companies: A brokerage firm in Woodland Hills, California named REX, another California property management company, Zenplace, and a Brooklyn-based startup called VirtualAPTBoth REX and Zenplace employ robots to interface with clientsThe former places a robot named REX in seller’s homes to answer questions and collect data, while Zenplace uses robots to help their human agents communicate remotely with clients. VirtualAPT built a bot that can make three-dimensional videos of real estate propertyVirtual property tours are a convenience for prospective buyers with busy schedules, or who can’t physically visit a location. Robots may be able to simplify the process of buying property. They might also cut down on potential real estate agent commission costs that buyers typically have to payREX, for example, charges only a 2 percent commission — that’s below the 5 to 6 percent commission that agents usually bill sellers.freestar.queue.push(function () {

Trending Rhode Island News:


  • Artistic vision fulfilled, as renovated Pawtucket mill rents last space
  • Former Breck home sells for $7.6M
  • Coveted "Five Star Realtor" Rating for Jean Allard of Keystone Real Estate Group
  • Mass Megawatts Wind Power MMMW Reports for Fiscal Quarter Ended January 31, 2012
  • Pryor says Rhode Island has assets but not ‘adequate tools’ to attract businesses
  • Predictions for D.C.’s real estate market in 2017
  • Cranston Approves Hosting State's Largest Solar Farm
  • Webster Bank sets June 9 homebuyer event
  • RIC Hosts Panel on Title IX to Celebrate National Girls & Women in Sports Day
  • 10-acre Watch Hill estate sells for $11.65 million
  • Hasbro Announces New “Trumpnopoly” Game, Point Is To File Bankruptcy And Duck Income Tax
  • Ion Tiriac in the International Tennis Hall of Fame
  • BankRI acquisition influences Brookline Bancorp’s 1Q
  • Terence Smith: Three months in, Annapolis Mayor Gavin Buckley still in motion, pushing new ideas
  • EDC names executive director of R.I. America’s Cup event
  • Leadership shifts at state's economic development agency
  • Rhode Island tax credit yields first building project
  • Boom Or Bust? Saving Rhode Island's 'Superman' Building
  • West Warwick, RI Homes For Sale & Real Estate
  • Inside Taylor Swift's $17 million seaside mansion where she hosts A-list parties