Computer vision, a feature offered by industry innovator restb.ai, is a burgeoning area of technology that gives MLSs get the ability to “read” images which provide a variety of advantages. First, the artificial intelligence allows consumers to search well beyond the fields input into the MLS system. They can now search for options like a sunny kitchen, a white kitchen, or an open floor plan – these are some of the key features highly desirable by consumers today. Restb.ai’s tools also allow a consumer to find a specific kitchen they like, and then automatically produce other listings that have similar qualities to that kitchen. These type of smart search features will enable MLS and IDX/VOW websites to be far more engaging than other sites.
Once the AI “reads” the image, it can also be used to automate compliance, like search for images with license plates, people, or yard signs for example. The technology also improves the accessibility of the site by automating descriptions to each page that can be read by website audio reading solutions.
Finally, the same technology also makes it much easier for subscribers to input a listing and optimize the SEO potential of each listing. Few solutions exist that can provide this many marketing and compliance advantages to an MLS.
The Toronto Regional Real Estate Board – the largest MLS in Canada – has just inked a deal with restb.ai to bring these advantages to their 58,000 subscribers.
I love to see MLSs pushing the envelope to continue to reduce friction in the listing set-up process, all the while helping their members deliver more robust online marketing to their prospects and clients.
Please see below for the full press release.
November 10, 2022 Press Release
The Toronto Regional Real Estate Board (TRREB) signed Restb.ai as its partner for AI powered computer vision technology and data. Restb.ai is an AI technology service provider that specializes in computer vision for real estate. TRREB will implement the complete Restb.AI MLS Product Suite, giving its subscribers access to the world’s fastest and most accurate Real Estate AI APIs.
Restb.ai’s product suite will automate TRREB’s listing input process on its AMP MLS platform by extracting data from listing photos. This process saves users time, provides WCAG & ADA protections for members’ IDX/VOW websites, increases the value and searchability of MLS data by providing advanced image tags, and also provides photo compliance protections for its members.
John DiMichele, CEO, TRREB said, “We were impressed with what Restb.AI technology has accomplished. We liked everything about their MLS AI Product Suite and our members will love and appreciate all the features it will bring into the MLS system. We see computer vision as the means to building the next level of property information, giving us details and insights, we’ve never had before.” DiMichele added, “Restb.AI has been responsive, professional, and great to work with as we customized the solutions to fit our member’s needs.”
Lisa Larson, Managing Director, North America, Restb.ai said, “Having the opportunity to work with TRREB is an honor for Restb.ai. They continue to innovate, always seeking to elevate MLS’s and their data strategies. This partnership will pave the way for other MLS’s to embrace the power of artificial intelligence for their members.”
“As more MLS’s integrate the Auto-Pop API, agents will transition away from the time-consuming task of inputting listing data to simply editing and refining the listing. Restb.ai will do the heavy lifting for them,” Larson added.
Using Restb.AI’s advanced artificial intelligence (Advanced Auto-Populate API) and automation agents will produce more accurate and robust listing data in less time.
CLICK HERE to get the full list of solutions included in our MLS Suite!
TRREB is Canada’s largest real estate board with more than 58,000 residential and commercial professionals connecting people, property and communities.
Genevieve Grant, Public Affairs Specialist email@example.com 416-443-8159
Restb.ai is the leading image recognition solution for real estate. Its AI-powered solutions analyze property imagery to unlock real estate specific insights at the image, listing, and market-level. Our solutions are used globally by leading real estate companies to enhance and personalize users’ experiences, improve property valuations and automate content moderation. We leverage the most cutting-edge deep learning AI techniques (CNNs, GANs, and NLPs) to provide the most value to our clients. Our underlying technology is built from the ground up and accessed via an easy-to-use RESTful API interface. Imagine having a real estate expert analyze each of the 1 million property photos uploaded every day… Well, now you can.
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