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AI in Real Estate Negotiations | Real Estate News
AI is turning homebuying into a wild game—especially when parents help kids buy homes. Buyers are feeding inspection reports into ChatGPT or Claude to generate repair estimates, then using those inflated, inaccurate numbers to haggle prices. Agents report this happening in 10-20% of deals, fueled by generational wealth transfers and AI’s rise. Older buyers often treat AI output as gospel, even copying its language into negotiations. The real problem? AI doesn’t know local contractor rates, so it overestimates costs and turns small issues into big ones—causing panic, especially when parents…
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