Exposed: ChatGPT’s Shocking Flaws in Listing Downtown LA Condos – Is A.I. Ready for Real Estate?

This A.I.-generated photo of a future A.I.-controlled Los Angeles looks quite bleak. Can A.I. do real estate?

It’s all the rage, but how complete and accurate is A.I. Artificial Intelligence writing tool ChatGPT in listing all of the condominium buildings in Downtown Los Angeles? We asked the powerful technology to kindly tell us which condos exist in DTLA. What did it get right, and what went wrong (❌)? Here’s how ChatGPT responded to our simple test:

Prompt: Please list Downtown Los Angeles condominium buildings

ChatGPT: đŸ€– Here are some of the downtown Los Angeles condominium buildings:

  1. The Ritz Carlton Residences at L.A. Live
  2. The Eastern Columbia Building
  3. The Skyline Condominiums
  4. The Promenade West
  5. The Biscuit Company Lofts
  6. The Little Tokyo Lofts
  7. The Barker Block Lofts
  8. The Market Lofts
  9. Evo South
  10. WaterMarke Tower ❌ (not a condo)

Please note that this list is not exhaustive, and there may be other condominium buildings in downtown Los Angeles that are not included here. đŸ€–

Prompt: more

ChatGPT: đŸ€– Here are some additional downtown Los Angeles condominium buildings:

  1. The Metropolis Tower I & II
  2. The Grand Tower ❌ (not a condo)
  3. The Luma
  4. The Elleven Lofts
  5. The Concerto
  6. The 1100 Wilshire
  7. The Vero
  8. The Bunker Hill Tower
  9. The Summit on Sixth ❌ (Koreatown, not downtown)
  10. The Flower Street Lofts

Again, this is not an exhaustive list and there may be other condominium buildings in downtown Los Angeles that are not included here. đŸ€–

Prompt: more

ChatGPT: đŸ€– Here are some more downtown Los Angeles condominium buildings:

  1. The Elysian ❌ (not a condo)
  2. The Sky Lofts
  3. The Rowan Lofts
  4. The Beacon Lofts
  5. The City Lights ❌ (not a condo)
  6. The Gallery Lofts
  7. The Molino Street Lofts
  8. The Douglas Building Lofts
  9. The Toy Factory Lofts
  10. The Textile Building Lofts

Please note that this list is not comprehensive and there may be other condominium buildings in downtown Los Angeles that are not included here. đŸ€–

Prompt: more

ChatGPT: đŸ€– Here are a few additional downtown Los Angeles condominium buildings:

  1. The Pan American Lofts
  2. The Higgins Building Lofts
  3. The Savoy Condos
  4. The Cornell Building Lofts
  5. The Shy Barry Grand Lofts (AKA SB Grand)
  6. The SB Tower ❌ (not a condo)
  7. The Bartlett Building Lofts
  8. The Beaux Arts Lofts ❌ (not a condo)
  9. The Eastern Building Lofts ❌ (not a condo)
  10. The Gallery Art Condos ❌ (Miami, not downtown L.A.)

Again, please note that this list is not exhaustive and there may be other condominium buildings in downtown Los Angeles that are not included here. đŸ€–

Prompt: more

ChatGPT: đŸ€– Here are a few more downtown Los Angeles condominium buildings:

  1. The Bunker Hill Tower
  2. The Teramachi Homes
  3. The Grand Lofts ❌ (not a condo)
  4. The Mercury ❌ (Koreatown, not downtown)
  5. The Skyline Towers
  6. The SB Grand ❌ (Repetitive, see Shy Barry Grand above)
  7. The Terminus ❌ (not a condo)
  8. The Vero Lofts ❌ (Repetitive, see above)
  9. The Rowan Building ❌ (Repetitive, see above)
  10. The Barker Block Warehouse No. 1 ❌ (Repetitive, see above)

Once again, please note that this list is not comprehensive and there may be other condominium buildings in downtown Los Angeles that are not included here. đŸ€–

As you can see, ChatGPT got most of them, but does not get everything correct or complete. It does quite a job of being human like, and providing lots of information. At first glance, ChatGPT is extremely impressive. It is quite useful as a tool, but had plenty of major down sides. It tends to be good at suggesting some important basics, but it is not always 100% reliable. It does not always include all desired information. ChatGPT tends to stick a “The” in front of every building, even if it is not normally done. It does not give the web address links — we added those for your convenience. ChatGPT sometimes includes totally wrong information, and often repeats itself unnecessarily. It should be more up-to-date, but is instead outdated, lacking information from the last 2 years. It is biased toward groupthink, biased toward the establishment, biased toward censorship, biased toward demagogy; and biased toward stodgy, tyrannical thinking. Programmed to blindly follow mob mentality, ChatGPT goes out of its way to harshly criticize any opinions or thinking that are critical, original or out-of-the-box. These are some of the frightening and dangerous drawbacks of such a potentially powerful tool.

A complete list of condo and loft buildings is at www.LALoftBuildings.com.

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Your next real estate agent? A.I. is getting quite impressive — and equally disturbing. Photos: DALL-E

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Downtown Los Angeles Real Estate Open House LIVE TV Show on Periscope #dtla #condo

downtown-barker-view-tourMore than 100 viewers tuned in to see what’s really happening in Downtown Los Angeles as Corey Chambers and Brandi Price Hosted LIVE Periscope Webcast from an L.A. high-rise condo on January 17. They showed how to avoid the 5 biggest mistakes in Downtown real estate, and revealed how to make the most of one of the world’s hottest markets.

VIEW LIVE ON USTREAM

and on periscope

LOS ANGELES, CA (L.A. Loft Blog) January 10, 2016 — Corey Chambers, the real estate agent known for buying Downtown Los Angeles lofts for cash, will be broadcasting Downtown’s first ever real estate open house LIVE TV show. Viewers can tune in to watch at http://www.DowntownScope.com on Sunday, January 17 from 2:00 PM to 4:00 PM. The broadcast will be transmitted using Periscope and Twitter. “The show will share the latest on what the Downtown L.A. renaissance is all about,” Chambers said. “As a live TV show, viewers worldwide will get the chance to see what is really happening right now in the most exciting place on Earth.” The show will co-star actress Brandi Price. Chambers is doing the show because he believes that most real estate agents just do the ABC’s of real estate, and they don’t implement the latest technologies to their fullest. He noticed that a popular loft listed by another agent recently took more than 100 days to sell because the real estate agent Multiple Listing Service was the only significant marketing tool, which is a “notoriously lazy way to market real estate” according to Chambers.

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In addition to the live open house TV show on Periscope, Chambers, who is a veteran computer and satellite systems specialist in the U.S. Air Force, publishes the L.A. Loft Blog, provides the largest number of unlisted lofts and condos for sale in Downtown, and offers the latest technology to buyers and sellers (at no cost to buyers) such as heat map software that instantly shows which homes have positive cash flows, which unlisted properties are likely to sell next, and which properties are in distress and are likely to sell for a bargain price.

brandi-price
Brandi Price is Co-host of Downtown Scope

As for agents to simply upload their seller clients property to the MLS and then throw a lockbox on the door, “This is total nonsense,” Chambers concluded. Don’t real estate agents get paid enough to do more for their clients? Chambers actually guarantees the sale of homes, and also guarantees in writing that home buyers will love their new home or he will buy it back. The seller and Corey must agree on price and time of possession. Sponsored by the L.A. Loft Blog, the upcoming TV show will dramatize this aggressive style. It will take place inside the 23rd floor of a Downtown highrise condominium with panoramic views of Downtown’s Financial District to the Hollywood sign. It’s not, however, merely a show and tell about a single home for sale. The show called “Downtown Scope” will also reveal how to avoid the 5 biggest mistakes in Downtown real estate, as well as tips on how to make the most of the hot Downtown L.A. market.

The L.A. Loft Blog is Downtown’s authority on residential real estate. Interview requests should be directed to Andrew Britton at drew@laloft.org with Downtown Scope in the subject line, or call 213-478-0499 http://www.DowntownScope.com

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L.A. Loft Blog Author Realtor(R) Corey Chambers
L.A. Loft Blog Publisher and Co-host of Downtown Scope Corey Chambers

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