Today’s luncheon brought together 180 of our members to explore the intersection of technology and real estate.
Moderated by Adil Kodian from Rohit Group, our panel featured industry experts, Alex Gosselin (BuildBase), Dan Belostotsky (HonestDoor), and Mike Kluh (City of Edmonton) who shared insights on how innovations like ChatGPT, machine learning, and augmented reality are transforming land and building development.
Key Takeaways:
💡 The City of Edmonton has automated development permits for single-family homes, now offering same-day approvals. This initiative pairs with simplified zoning regulations, aiming to expedite the entire development process. The City is also looking into automating building permits.
💡 Companies that don’t innovate risk falling behind. Many are already leveraging AI to streamline construction management, including contracts, procurement, and labour force coordination.
💡 There’s a promising future for blockchain technology in enhancing land title registrations.
💡 Real estate platforms like Zillow are working to minimize “click-outs” to third-party services by providing things like mortgages and insurance directly.
💡 Chatbots are becoming common tools for customers seeking real estate information. Soon, they may help users find homes and customize specifications with ease.
💡 Virtual reality and robotics may play a significant role in the industry.
A big thank you to our presenting sponsor, Arcadis, our host bar sponsor, S3 Precast / Tanks-A-Lot, and our lunch sponsor, Hi Signs, for making this event possible.
And no, this post was not generated by ChatGPT ;) Also, happy birthday, Mike Kluh!
