“I Can’t Believe It Knows This!”
I don’t know how many times you’ve said it in the past few months, but I’ve blurted it out a few times… ‘I can’t believe it knows this!’ Large language models like ChatGPT are becoming a bigger part of each of our lives, and we’re only just beginning to scratch the surface of ‘Artificial Intelligence.’
Part of our approach at David Smith Homes Group has always been to objectively evaluate our performance, including many data points, like knowing our average client that purchased and sold with us last year net an additional $16,000. We’re good at marketing, but I never want to rest on that, we don’t want to just appear like good Realtors, we want to be good Realtors.
Over a period of many years we’ve published many, many articles at times we believe our clients need to know what’s happening in the market. We wanted to actually test how our predictions performed. Here’s what OpenAI’s ChatGPT had to say:
Ask The AI
My first few years in real estate saw fairly stable markets, almost exclusively seeing appreciating prices, then we entered the 2020s and A LOT more volatility was introduced into the market.
This was when it mattered for us to be able to 1. Share what was happening, 2. Explain why it was happening, and 3. Share what would likely happen next; so that’s what we sought to do with articles like these:
January 2021 – What’s Happening In The Market?
March 2022 – What Does The Market Shift Actually Look Like?
May 2022 – A Candid Market Update
October 2022 – Our Advice Is Changing, Here’s Why…
December 2022 – 2023 – All Change & More Of The Same
December 2023 – 2024 Sweater Scores
May 2024 – Actions Have Consequences
March 2025 – What Makes A Good Realtor In A “Bad Market”?
So what did ChatGPT have to say? In the name of transparency, you can read the chat in its entirety here.
Here’s the summary:
The long and the short of it is that ChatGPT found our observations and predictions to be accurate, as displayed by the graph below:
Why This Matters To You?
I’m sure we’re flirting with the accusation of self-aggrandizing back-slapping here, so let’s ask the question that we often ask… “why does this matter to you?”
We’re in a market that’s not shifting on a year-by-year or month-by-month basis anymore, it truly is adjusting week-to-week and sometimes day-to-day.
If you’re looking to engage in a real estate sale or purchase, you need a team with a proven track record of getting things right.
We’ve been very candid with our clients lately, including our recent publication, ‘What Makes A Good Realtor In A “Bad Market”?’, as a result we’ve been able to consistently perform in a market where many are struggling.
2025 so far has looked like 2 sales in January, 2 sales in February, 2 sales in March, and 2 sales in April so far. These aren’t gangbusters numbers by any means, generally we need to be at 3-4 sales a month to sustain operations, but they’re stable and display an ability to still pull transactions together no matter what the market conditions are.
If you’d like to speak with a team that have an AI-affirmed track record and the ability to help you navigate your sale and/or purchase in the current market, make sure to reach out today, we’re well equipped to help!
Kindly,
David & The Team
P.s. Don’t worry! We’re not using AI for content creation in general, it’s still me writing these newsletters and will continue to be. ‘People Over Computers, Always.’ 😉