Product Overview of Restb.ai
Restb.ai is a pioneering company in the real estate technology sector, specializing in image recognition and data enrichment solutions powered by advanced AI and computer vision technology. Here’s a detailed overview of what the product does and its key features:
What Restb.ai Does
Restb.ai’s technology is designed to automate and enhance the process of creating and managing real estate property listings. It achieves this by analyzing property images and generating valuable insights, descriptions, and data points that traditionally would require manual input. This solution is integrated into many of the leading Multiple Listing Service (MLS) platforms, including Matrix, Paragon Connect, FlexMLS, connectMLS, Rapattoni, and Stratus, making it a ubiquitous tool in the real estate industry.
Key Features and Functionality
Image Recognition and Data Enrichment
Restb.ai’s computer vision technology can analyze over 1 billion images monthly, extracting more than 700 real estate-specific data points from property photos. These data points include room types, home features, views, styles, condition, and quality, among others. This process enhances MLS data by increasing the amount of property details collected on each home by more than 30%.
AI-Powered Property Descriptions
The technology uses AI-powered computer vision, natural language processing (NLP), and large language models (LLM) to generate unique, captivating, and human-like property descriptions from photos and data provided by real estate agents. This automates the time-consuming task of creating listing descriptions, which can now be generated in mere seconds instead of taking up to 30 minutes or longer.
Integration and Accessibility
Restb.ai’s solutions are integrated with numerous third-party APIs to enhance and localize listings. The technology also focuses on improving accessibility, particularly for visually impaired users, by generating descriptive names and tags for photos, ensuring ADA compliance. For example, it can identify and label photos of bathrooms and generate relevant tags like “bathtub,” “shower,” or “tiles.”
Efficiency in Listing Input
The technology streamlines the listing input process by automatically populating various fields in the listing input form, such as property type, number of bedrooms and bathrooms, and amenities like fireplaces or swimming pools. This not only saves agents valuable time but also reduces the risk of errors and inconsistencies in listing data.
Performance and Scalability
Restb.ai’s computer vision solution is the fastest in the real estate sector, with image response times of less than 500 milliseconds. The company works with over 100 global clients, including more than 20 publicly traded companies and unicorns, and supports more than 50 languages. The solution reduces direct and opportunity costs by 90% and accelerates the time to market by 5x.
Customization and Client Support
Restb.ai provides APIs that output results in standardized formats (e.g., RESO, PDR, PDC) for easy integration. The company offers extensive complimentary proof-of-concepts (PoCs) and works closely with clients to solve their specific problems. Pricing is based on the number of properties to analyze per month, the products required, and the number of API calls permitted.
In summary, Restb.ai’s innovative technology revolutionizes the real estate industry by providing rapid, accurate, and detailed property insights, descriptions, and data enrichment, significantly enhancing the efficiency and accessibility of the listing creation process.