Will AI Be The Death Of Mortgage Brokers?

Will AI be the death of the mortgage broking industry? If you’ve been following the exponential development of AI, language models, and machine learning, then this question is probably in your head quite a lot. While we cannot truly predict the future, there are two things that we’re sure of. One, AI is here to stay and it’ll get better and better from here on out. Two, the process of buying a property for various reasons is complex. It entails more than just looking for the “best” or “cheapest” deal out there.<br/><br/>In this episode of Mortgage Broker Acceleration, James Veigli and Ash Playsted discuss how the developments in AI technology will affect the mortgage broking industry. They also share their thoughts on the industry’s future prospects with the advent of AI. Tune in to find out how mortgage brokers should proceed with AI taking the world by storm.<br/><br/>The Key QuestionsWill AI be the death of mortgage brokers? (4:47)How can AI help mortgage broking businesses? (6:20)How can ChatGPT and other language models help a broking business? (8:21)What are the limitations of AI for the broking industry? (10:00)<br/><br/>What You’ll DiscoverWhy technology is a constant (4:04)People will always know the difference between AI and real human interaction (5:35)Chat GPT is an evolution of search engines (7:26)Why people still need expert brokers to ask the right questions (9:15)<br/><br/>Accelerate FasterYou can visit Broker Ideas Group to learn more about us, access special events and download useful resources designed exclusively for mortgage brokers.Want to work with James, Ash and the BIG team to grow your mortgage business faster? Our Growth Coach team can help you. Let's talk!