Is This The Future Of Luxury Home-Buying?

From therapy and note-taking to sourcing vintage furniture, AI has slowly encroached into every corner of our lives. And property is no exception. We tried and tested a new AI bot designed to find your dream luxury home. 

How AI is Transforming the Way We Buy Luxury Homes

What Is HomeHapp AI?

Meet HomeHapp AI – an AI bot designed to help you find your perfect property. Sifting through multiple sites, inputting your ‘dream home’ criteria over and over again, no one ever said home-buying was easy. While AI – with its high carbon footprint and job-stealing potential – is not without controversy, maybe it could be the secret to finding the house of your wildest fantasies. 

The London-based tool is already being used by over 200 estate agents across the capital, including elite firms such as Savills, Knight Frank and Beauchamp Estates, with Beauchamp Estates even describing HomeHapp AI as their ‘newest client’. 

Seeking to revolutionise how luxury clientele find their dream homes, HomeHapp AI has been dubbed the ‘ChatGPT of luxury real estate’. Designed specifically for the ultra-wealthy, it enables prospective buyers to input their exact specifications into one singular portal, saving you the effort of repetitively searching for the same criteria across multiple sites. 

How It Works

3000 sqft. Around £15 million. Swimming pool. Gym. Garden. Type in the criteria and the AI will start sifting through its database to give you a curated list of properties that match your brief. Sourcing these properties from a wide range of realtors, it promises to cut the time it takes to find your perfect property by 95 percent. Homes in the dataset (which claims to be the largest database of prime homes around), span from £1 million apartments to £150 million penthouses. 

Designed for estate agents, professional advisers, buyers and renters, the AI trawls through and indexes every prime residential listing online across London, while agents can also add their exclusive off-market properties directly. Where a quick Google will only give you access to the properties publicly on the market, HomeHapp AI can unearth hidden properties that aren’t publicly listed. By revealing homes not visible on public portals, the AI bot is able to provide access to private listings that typically require multiple calls, insider networks and high-end buying agents to access, giving you the inside scoop. It also allows more high-profile clients to sell their homes on the down-low. 

Once the bot has found a potential property, users are able to ask follow-up questions, such as the price at which it was last sold, ownership records, and planning permissions. You can also query how the found properties align with your inputted criteria to make sure it’s found the perfect fit for you. 

But HomeHapp AI is not working alone – it has a ‘digital twin’ called AI Agent Avatar. This ‘twin’ automates routine tasks to produce research briefs and daily market updates. While some may question whether this is taking work away from real life human agents, HomeHapp AI (or rather its creators) argue that this tool will free agents to focus on relationship-building and negotiations. Users are given daily updates on new listings and those which have been withdrawn, as well as price changes. It will also display real-time market dashboards, showing heatmaps of price and rent across London’s districts. 

‘We built HomeHapp AI to put the entire prime market at your fingertips,’ says Utsav Goenka, founder and CEO of HomeHapp AI. ‘Whether you’re an agent advising a buyer, or an individual looking for your next home, it combines discovery and due diligence into a seamless, instant experience. You see what’s available, what it’s worth, and what’s happening in the market, all in one place, in real time.’

Tried and Tested

On a mission to track down some Chelsea-based properties for an entirely different feature, I turn to HomeHapp AI for help. While slow (with enough lag time for me to get bored and check my emails inbetween each request), I appreciate that it’s still quicker than searching through the estate agents websites one by one. 

I input my initial request for luxury properties in Chelsea connected to arts and cultural figures, to which it responds with an immediate follow-up asking if there are any specific requirements such as size, price, and amenities. Giving it some more details to work with, it returns with a handful of potential properties – none of which possess the cultural heritage I’m looking for.

Emphasising that this is my key requirement, I try again – seeing the ‘artistic heritage’ and ‘cultural significance’ button comfortingly ticked on the first property suggested. When I click onto it, however, I am left unsure how exactly this property qualifies as an artistic heritage site. Conveniently prompting me with potential follow-up questions, I ask the bot to clarify. To which it responds with a rather broad and unconvincing answer. Though it does helpfully suggest that it might be more use to me if I could provide it with some specific names. 

Knowing that the properties I’m looking for do exist – having found a handful which match my requirements earlier that day – I gave it the name of a specific artist. At the mention of their name, the bot eagerly perks up and offers me a listing. A listing it has offered me before with a much more tentative connection to the afforementioned artist than the home I found myself. 

Admittedly, my request is much more demanding than asking the AI to track down an indoor pool or air-conditioned gym – amenities that would be clearly listed on an estate agent’s site. Like many AIs in their early stages, HomeHapp AI still has some learning to do – especially if you’ve got weirdly niche and specific requirements like me. But for your standard property criteria it can certainly do the job and will probably save you many hours of stress, hassle and confusion in the longrun. 

Want to try it for yourself? Head to homehapp.com