Idealista Launches AI Listings Description Enhancement Tool

November 6, 2023
Share this Post: 

The leading Spanish real estate portal Idealista has launched a tool that helps its agent customers enhance the descriptions accompanying their property listings.

According to a company press release the tool is the first of its kind in the Spanish real estate sector and is already available to the portal's agent customers.

The new "texto intelligente" tool takes an input of at least 200 characters and enhances the description of the property using listing features from metadata fields. The agent can either publish the description generated by the tool, edit it or choose to write their own description before uploading the property to the portal.

Since the beginning of 2023, Online Marketplaces has been tracking a surge of AI-related announcements from real estate marketplace businesses.

It seems that for the most part real estate portals are in the experimental stage trying many different applications of AI technology on their businesses and seeing what works. Other marketplace businesses that have used AI to help agents with their listing descriptions include OnTheMarket in the UK, Propiedades.com in Mexico and RentSync in Canada.

November 6, 2023
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Prod Roundup 3Jan25
Product and Services Roundup: Idealista, Cian, SeLoger, Boligsiden, Lifull, Bayut

Welcome to the new year. Our first Product Roundup of 2025 starts with a new search filter in Spain...  ...

Read More
Nestaway Complaint 1
Nestaway Co-founder Files Fraud Compliant Against Investors Including Goldman Sachs

Amarendra Sahu, the co-founder of the home rental platform NestAway, has filed a First Information Report (FIR) against his fellow...

Read More
Shutterstock 181374380 2
Nasdaq Once Again Sends FangDD Non-compliance Warning

The Chinese real estate marketplace operator FangDD has once again been warned about its continued non-compliance regarding share prices. FangDD...

Read More
Jpmorgzedited 3
JP Morgan Global Online Classifieds Report 2024: Key Highlights Include REA, Scout24 and Rightmove

JP Morgan released its Global Online Classifieds report in November 2024, with marketplace giants REA Group and Scout24 SE both...

Read More

Editor's Pick