SINGAPORE, Feb. 6 -- Home buyers in Singapore may soon rely on artificial intelligence rather than human agents to find their next property.
Yesterday, property portal Mogul.sg introduced Maia (Mogul's Artificial Intelligence Agent), the first AI-powered property agent in Singapore.
Maia scours over 100,000 listings from major housing platforms such as 99.co and PropertyGuru to recommend homes to prospective buyers. It also contacts property agents via WhatsApp to schedule viewings on behalf of users.
Unlike traditional buyer's agents who typically receive a 1 per cent co-broking fee, Maia operates at a fraction of the cost, with Mogul.sg taking just 0.2 per cent in commission.
This move could challenge the conventional property agent m...