A real estate agent fed the NAR's list of professional duties into ChatGPT and found that 92% are administrative tasks while only 8% actually generate revenue. The speaker warns agents they're likely wasting most of their time on work that doesn't make money.
What should I do today? Because we know we took the— you should, you should, by the way, there's a report the National Association of Realtors put out and essentially it's like, you know, these are the duties of a real estate professional. So we took the, we took the entire report, we put it into ChatGPT. I think it was when we did this right before the summit, you know, some ChatGPT wasn't Perplexity yet. And we put it inside there and we said, can you please break down these activities and tell me which ones are administrative and which ones are revenue generating? Would you be shocked to hear 92% of it administrative and 8% revenue?
