Online property bidding portal clicktopurchase.com has unveiled “gAbI," an artificial intelligence capable of operating property auctions.
The introduction of gAbI will join the company’s other channels – clicktopurchase online private treaty, clicktopurchase best offers and clicktopurchase real-time auctions – that allows agents and sellers to close a sale.
“We have never liked the online clock-ticking auction approach,” said Neil Singer, chief executive officer of clicktopurchase.
“We felt this was seeking to re-invent the way property was auctioned. As a result, our auctions have been agent-operated with a live auctioneer interacting with the bidding audience in the same manner as a traditional ballroom but with all the benefits of being online.”