Perisphere: The next Real Estate Revolution?

• Perisphere is using an onboard computer vision solution to help consumers self-direct their real estate transactions.

• Being a tech-forward platform, it leverages autonomous drone flights and strategic algorithms to capture, analyse and calculate property valuations.

• They are pushing forth a 0 percent commission model for its consumers. A big smile for your pocket, perhaps?

• The company is leveraging the growing distrust and dissatisfaction among consumers regarding real estate agents. More like, “Who needs Agents of Shield when you can be your own superhero, huh?”

• They are utilizing this sentiment as a strategic move to promote their tool and attract more bootstrap real estate investors and homeowners.

Perisphere: Superman or Lex Luthor?

Move over, Superman! Here comes Perisphere, promising to fly over your properties, not to save Lois Lane, but to give you an accurate property valuation. With their autonomous drones and on-board computer vision, they’re more like Batman with his tech-game on point.

And you know what they’re charging for this superhero service? Nope, not a penny. Zero percent commission. “Wait, what?” Yes, you read it right my dear friend, a BIG FAT ZERO. Because why should you cut your hard-earned money on the broker’s shiny suit when you can channel your inner real estate spirit animal and do it yourself?

Oh, and did I mention about how they are riding on the wave of everyone’s growing resentment towards real estate agents? Smart move, Perisphere, very smart. Because nothing yells ‘revolutionary’ louder than a company that invites consumers to take control of their own investments and transactions.

In the drama-filled world of real estate, Perisphere seems like an exciting new character, possibly the new Superman, although time will tell whether they’re truly here to save the day or just another Lex Luthor in a shiny suit.

The Final Hot Take

I mean, this is Real Estate we’re talking about, not a Marvel movie, but boy, Perisphere sure does know how to add a plot twist! Their tech-savvy, consumer-centric approach is a compelling pitch and frankly, almost as tempting as the big tub of popcorn you chomp on while watching those superhero movies. But will this “no commission”, DIY model work out in the far less cinematic world of real estate? That, my friends, remains to be seen. For now, we can only watch, popcorn in hand, as Perisphere starts its ambitious flight in the turbulent skies of property business.

Original article: https://www.inman.com/2023/12/26/will-perisphere-and-other-ai-fueled-startups-pilfer-clients-from-agents/