Results: Revaluate AI Powered Lead Gen Accuracy Soars
Revaluate.ai leverages artificial intelligence to determine who is most likely to move to segment lead generation in the real estate and mortgage industry. We are in the prediction business. There are lots of ways you could make predictions to drive business. For example, you could use property or mortgage data – but houses don’t move, people move. So Revaluate looks for life events that cause people to move. We feed that data into our AI and are then able to predict likely movers. For what it’s worth, we are pretty darn good at predicting likely movers with AI.
Previously, Revaluate AI published this white paper where a third party (Altos Research) tested our results. We gave Altos a statistically significant batch of people we identified as very likely to move, (who scored Revaluate 80+) and they told us who actually listed in the mls in the 6 months following our prediction. The result? 19.5% accuracy. Not bad – but we wanted to keep improving. So we started sending surveys out to our clients asking them for feedback. So, can we predict a real estate prospect would move … correctly?
With 500 survey responses over the last 180 days, (5/30/23) Revaluate has achieved a tremendous 34.65% accuracy rate, according to our clients. Put another way, when Revaluate predicted a prospect would move – they moved more than 1/3 of the time in that six month period. In the last 90 days, Revaluate’s reported accuracy has soared to 41.67%.
Data accuracy is key to your success, and with Revaluate your business can soar. To get more sales in the next 12 months, and to leverage ai powered lead gen in your business, schedule an appointment with one of our data nerds, view their availability.