AI technology has truly revolutionized the real estate industry, bringing about significant benefits for professionals and customers alike. The applications of AI in real estate are vast and impactful, ranging from property valuation to mortgage lending and even site selection for developers. Automated Valuation Models (AVMs) have emerged as a notable application, challenging traditional appraisers by providing quick and accurate property valuations. AI-powered risk calculations have streamlined the mortgage underwriting process, making it more efficient and reliable. Developers now leverage AI platforms to analyze hyperlocal zoning regulations and identify optimal construction sites, enhancing their decision-making process. For realtors, AI-powered platforms offer personalized property recommendations and lead generation capabilities, improving the accuracy and efficiency of their services. The 16 examples provided in this overview demonstrate the diverse ways in which AI is reshaping the real estate landscape, fostering innovation, and creating exciting possibilities for professionals and customers alike.