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š¢ I used the ChatGPT Tasks For The First Time
Real Estate & AI
Maaret Forst
January 20, 2025
In partnership with
Today's Insights
IN THE REAL ESTATE NEWS
This morning, I received my real estate news automatically sent by ChatGPT Tasks.
This is what it sent:
Here is a summary of recent real estate news:
U.S. Housing Market Concerns
Wall Street analysts believe U.S. homes are currently overpriced. Stocks of single-family landlords like Invitation Homes and American Homes 4 Rent are trading at significant discounts to their net asset values, indicating skepticism about the sustainability of current home prices. To attract institutional buyers back into the market, factors such as decreased borrowing costs, increased rents, or a 10%-15% drop in home prices may be necessary.
California's Measures Against Predatory Practices
In response to recent wildfires, California Governor Gavin Newsom signed an executive order to prevent predatory real estate practices in affected Los Angeles areas. The order bans unsolicited and undervalued offers for properties in specific zip codes for three months, aiming to protect vulnerable homeowners from exploitation.
Rent Increases Amid Wildfires
Landlords in fire-affected areas of Los Angeles have significantly increased rents, with some hikes as high as 124%, violating California's law that caps rent increases to 10% after a state of emergency declaration. Authorities are emphasizing the enforcement of anti-price gouging laws to protect tenants during this crisis.
Commercial Real Estate Outlook
The U.S. commercial real estate market shows signs of recovery heading into 2025, highlighted by significant refinancing deals like the $3.5 billion refinancing of Rockefeller Center. Despite challenges for older office buildings, increased loan volumes and alternative funding sources are creating a potential floor under property prices. Some investors view the current low values, adjusted for inflation, as an excellent entry point into the market.
Tax Benefits for Real Estate Investments
Investors can leverage several tax benefits in real estate, including capital gains tax deferral, depreciation, tax credits, and the pass-through of losses to limited partner investors. These strategies can enhance the financial advantages of real estate investments.
What do you think?
I will adjust the ChatGPT Tasks to check the sources I prefer and probably have it send it to me every morning, so I can keep up with everything.
In addition, I can have ChatGPT generate a recap āin my voiceā.
FROM THE CALM AGENT DESK
š” How to use ChatGPT to schedule tasks š”
Here are the steps to set up ChatGPT Tasks.
1ļøā£ Go to ChatGPT and sign in with your account. For Tasks you need to have the $20/month subscription. Well worth it.
2ļøā£ Click on āmodel nameā at the top and select āChatGPT-4o with scheduled tasksā from the dropdown.
3ļøā£ Now enter your prompt to schedule any task and press enter.
Sample Prompt: āSend me a list of key real estate news stories and events every Wednesday at 10 AM. Highlight their significance for home buyers and sellers.
For the prompt above, turn on the āSearch webā option at the bottom of the prompt box to get the best results.
You can add multiple tasks and see the scheduled task list by clicking on āView all tasksā.
ChatGPT will schedule your tasks and will remind you through email notifications at the scheduled time.
Use Cases
Most people use calendars or other task management systems for regular reminders. The power of ChatGPT Tasks lies in the actions it can take for you at the time of the task. It is more than a reminder tool.
ChatGPT Tasks can monitor conditions you specifyālike news, weather, or mortgage ratesāand alert you if something changes. It can check a website or service for updates and notify you when new information is available.
You can integrate it with your favorite tools to create seamless workflows.
AI PRODUCTIVITY FOR REAL ESTATE
Introducing some of the apps that can be useful for real estate agents.
CubiCasa is our favorite floorplan app that works like magic! It started with floor plans, but nowadays, it offers 3D rendering, CubiCasa Tours, and more. Appraisers use it. It provides very reliable square footage measurements. Plus, they started as a Finnish company, which automatically makes them awesome.
ReImagineHome is an AI-powered tool that helps users redesign their homes by generating personalized interior design ideas. Users can upload photos of their spaces and specify their design preferences, such as styles and colors. The platform quickly creates realistic 3D visualizations of the redesigned spaces, making it easy to see how different furniture and decor would look. It's designed for homeowners, real estate agents, and interior designers, providing a user-friendly way to explore new design possibilities.
BoxBrownie is a company that provides virtual staging services for homes and businesses. They help make empty rooms look furnished and stylish by adding furniture and decorations to photos. BoxBrownie can also improve images and do photo editing.
Real Estate Negotiation ChatBot
Meet your new secret weapon for negotiations.
This AI is trained on the best negotiation strategies.
It combines Chris Voss's "Never Split the Difference" and Oren Klaff's "Pitch Anything."
Itās built for real estate agents.
Youāll get clear, actionable advice for every deal.
Learn tactical tips. Master psychological insights.
Itās FREE until further notice!
Thereās a reason 400,000 professionals read this daily.
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