A new AI-powered home search portal is launching in the Triangle today.
Why it matters: As more real estate marketplaces integrate AI into their platforms, searching for homes could become a lot faster and easier. Plus, results could be more personalized.
Driving the news: The new technology comes from mortgage platform Tomo, a company founded by a former Zillow executive.
Details: Tomo cofounder Greg Schwartz developed the platformso consumers could search for homes based on specific wants — beyond the number of beds and baths — and shop more like savvy investors.
The intrigue: What makes Tomo different from existing home search giants is the platform's built-in, AI-powered free-text search capabilities, according to Schwartz.
The idea, Schwartz tells Axios, is for consumers to describe their dream house the way they might to a friend.
Axios tested the tool and found it was capable of picking up on specific preferences. We plugged in: "Home with a view of Lake Washington, modern design, a rooftop deck, and it's really important for me to have a space to WFH. Oh, the kids love a backyard."
More than 300 listing matches came up, clearly tagged with which boxes the home checked. Some had just a couple of the requisite tags checked off, others had most.