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Message from the CEO

Riding the wave

Tom Larson, WRA President & CEO

Featured in WREM August 2025 Issue

Ocean wave and sun illustration with bright 80s colors

Technology is transforming our world at lightning speed — and nowhere is this more evident than in the rapid advancement of artificial intelligence (AI). Once the stuff of science fiction, AI is now very real, and it’s already reshaping the way we live, work and do business.

For REALTORS®, AI presents a powerful opportunity to serve clients more efficiently, make better decisions and gain a competitive edge. But as with any major shift, it also requires us to adapt, learn and lean into change.

Predictive analytics: a clearer look ahead

One of the most game-changing applications of AI in real estate is predictive analytics. This technology uses historical data and algorithms to forecast trends, evaluate property values, and identify opportunities with remarkable accuracy.

Imagine knowing which neighborhoods are on the verge of appreciation or which listings are likely to sell quickly. Predictive analytics allows agents and brokers to make smarter, more informed decisions — helping clients act strategically and reducing uncertainty in an often-volatile real estate market.

For real estate companies, AI can optimize pricing strategies, identify investment opportunities, and even predict when a client may be ready to buy or sell again. In a competitive landscape, this kind of foresight is invaluable.

Generative AI: automating the everyday

Generative AI is another transformative tool. It enables the automatic creation of text and images — everything from listing descriptions and marketing materials to property search filters and email campaigns.

By automating time-consuming tasks, REALTORS® can focus more on what really matters: building relationships, negotiating deals and delivering excellent service.

Need a listing description that pops? Want to send a tailored follow-up email? Generative AI can produce a draft in seconds. The key is to use these tools to enhance — not replace — your personal touch and professional judgment.

Computer vision: a better view of the property

Computer vision is a type of AI that “sees” and interprets images and videos. In real estate, this means software that can analyze property photos to detect features like pools, granite countertops, garden space and more.

By improving the accuracy and depth of listing data, computer vision helps buyers get a clearer picture of properties, streamlines search results and boosts the quality of online listings.

It also helps REALTORS® evaluate homes more efficiently, particularly in large portfolios or for out-of-town clients. And it’s just beginning to scratch the surface of what’s possible.

Adapting to the pace of change

All of this innovation is exciting — but also overwhelming. That’s why ongoing education is essential.

It’s not enough to rely on what worked five years ago. REALTORS® must continuously learn how to use new tools — and how their clients are using them, too. Your buyers may be using AI chatbots to research neighborhoods. Your sellers may turn to automated valuation models before calling you. Understanding the technology your clients rely on helps you stay credible and relevant.

Association support and leadership

As your state association, the WRA is committed to helping you stay ahead. This means providing training, resources and guidance to help you navigate the evolving tech landscape with confidence.

We must also advocate for the responsible use of AI — ensuring that it enhances transparency, protects consumer data, and supports the ethical standards that define our profession.

Looking ahead

REALTORS® have always embraced change — from MLS books to online listings, from faxes to e-signatures. AI is the next chapter in our story, and it’s one we can write together.

We need to stay informed, curious and committed to delivering the trust, insight and value our clients deserve — no matter how fast the world changes.

The future is here. Let’s lead it.