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Listing Marketing Made Easy with ChatGPT for Real Estate The AI revolution is here. But what does it mean for us in real estate? We've been experimenting with ChatGPT, using it to simplify and streamline our everyday processes, and we've developed some templates that'll help you create awesome listing marketing in just a fraction of the time. Download Now >>
TikTok pushes creators toward longer content TikTok users are now spending half their time watching content that exceeds one minute, the platform reportedly told creators, and using the extended format gets five times more follower growth than posting short videos. Longer clips are mandatory for TikTok's Creativity Program, which will replace the Creator Fund in December. Full Story: MediaPost Communications (free registration) (11/29)
Updated Beverly Hills Midcentury Modern seeks $15M A renovated 1960s Rex Lotery-designed home in Beverly Hills' Trousdale Estates has been listed for just under $15 million. The property was purchased for $6.4 million in fall 2021 and extensively revamped. Full Story: Robb Report (11/28)
Amazon unveiled a chatbot for Amazon Web Services customers, Amazon Q, which can be customized and trained on corporate data and costs $20 a month for each user. The chatbot can offer insights on corporate data, generate or summarize content and take actions via plugins, among other capabilities, and is set to rival Microsoft's Copilot offering, OpenAI's ChatGPT Enterprise and Google's Duet AI. Full Story: TechCrunch (tiered subscription model) (11/28),The New York Times (11/28)
Fair & Equitable Housing
New York's one-bedroom apartment rent sets new record This month the median rent on a one-bedroom apartment in New York City rose to a new record high of $4,300, according to the national real estate firm Zimpfer. That marks a 13.5% increase over the same month last year. Full Story: QNS (Bayside, N.Y.) (11/30)
Legislation & Regulation
Consumer confidence index rises in Nov. The Conference Board's index for U.S. consumer confidence rose to 102 in November from 99.1 in October, marking the first increase in four months. A strong labor market and the easing of inflation made consumers less anxious about the economy. Full Story: Bloomberg (11/28)
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