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AI, Parents, and Home Buying | Real Estate News
The Great Wealth Transfer is reshaping home buying, especially for Gen Z first-timers who increasingly rely on parental financial support—and AI. With parents footing the bill, young buyers are turning to tools like ChatGPT to generate repair estimates, often inflating demands and creating negotiation headaches. Real estate agents now must navigate AI-driven expectations, verify claims, and mediate between tech, family, and traditional escrow processes. As AI integration deepens, this tech-assisted negotiation trend is likely to grow, forcing agents to adapt—or risk being left behind in a…
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