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Chapter 1: What is the main topic discussed in this episode?
Unfiltered discussions.
Chapter 2: What is 'housefishing' and how does it affect homebuyers?
Unexpected guests. No topic is off-limits. From sex and relationships to the human condition. Personal anxieties and so much more. The only talk show of its kind in the world. World This Is.
Hey, welcome, pull up a bar stool. Tonight, you'll learn a lot of things on the last show. Some things you didn't know you needed to learn, but you'll learn them anyway.
Chapter 3: How do raccoons solve puzzles for fun?
Here is what we'll cover on the program. Your garbage can has an arch nemesis. It's a tiny masked burglar with hands, a trash panda, a dumpster bandit, a raccoon. In 10 minutes time, we'll blow the lid off new science that says raccoons are solving puzzles in our cities just for fun. Then after that, is basic kindness the glue that holds society together?
Well, that's what one psychologist says, and he'll make his argument towards the end of the hour. That is some of tonight's show. There will be more. Let's dive in.
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We've all been catfished before. Okay, maybe not all of us, but catfishing is when, for online dating, the person you meet's photos don't quite match the reality of how they look. Well, now the housing market has its own version. AI photos can magically fix stains in listings, clutter, even ugly power lines.
It's called house fishing, and we're here to discuss it with someone who's recently written about it in Business Insider, where he is a real estate reporter, and his name is Jordan Pandy. Jordan, welcome to the show. Thanks for having me, David. It's such a great term, house fishing.
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Chapter 4: What does kindness mean in our complex society?
When did we start noticing this happening? I mean, AI photo generation, AI photo tweaking, AI staging in real estate kind of just came out of nowhere. It just kind of creeped up on us in the last few years.
Yeah, I think you could say that about a lot of AI usage and people's day to day. It kind of just happened. Staging has happened for a very long time. Started out with people renting furniture to put into a home. Then it became virtual staging that you could do in Photoshop. And now anybody can do it at their fingertips.
Chapter 5: What are the controversies surrounding the 'cry it out' parenting strategy?
There's some good, there's some bad, just like anything. But yeah, it is kind of just popped up out of nowhere.
I remember seeing like listings for buildings 10, 15 years ago, the condo developer would do a rendering and it's like, there's no way the building's going to look like that. It's ignoring the ugly building next door. But now that tool is in anyone's hands. How often are people using AI to touch up real estate listing photos that you're seeing out there?
I would say more and more as the days go on. I spoke with a real estate agent in Virginia who said that about 30 to 40 percent of the listings she sees have used some sort of AI with the photos. It kind of happens all the time if you can see it. And it's getting a little bit more egregious in some certain situations, but it's kind of always been there.
Chapter 6: How are Golden Retrievers linked to human anxiety and intelligence?
Well, we got to dig into the egregious examples. I mean, house fishing sounds so dramatic. What kinds of things are being changed? I imagine some are little. They don't seem that unethical or dishonest. And then I imagine some are just completely outrageous.
Right. I think all of the real estate professionals I spoke with are kind of in the same boat. Little things... Changing the paint color, changing the furniture in the home is somewhat okay.
Chapter 7: What is the impact of invasive species like the Chinese mitten crab?
But when you start to get to structural changes in the home, that's where it becomes a problem. Putting a window not where a window is, putting a fireplace where a fireplace is not supposed to be, things that a contractor would have to do once you buy the home, it's kind of like the line that should not be crossed.
We've all seen it like in the last, I don't know, 20, 30 years since listings went online. Tricks like using a wide angle lens or cleaning up a little bit more than the tenant in there has cleaned up or maybe some rented furniture. I'm sure real estate agents would say this is just like that. This is just us spoof. What am I spiffing up a listing? That's the word I'm looking for.
But at what point do we go from like good marketing to digital deception? Where is the line?
Chapter 8: How can someone get paid to bully an AI for a day?
Yeah, there's a line between showing the potential of a home versus completely changing the idea of the home. That's where it gets a little bit tricky. Again, when it comes to small things like maybe even fixing a scratch on a wall, fixing up scratches on the floor, but removing a power line that would obstruct the view from the second floor bedroom. That is something that
It's a little bit disappointing. I spoke with a few different agents and they said it's a pretty big letdown when you bring your client to a home and it looks nothing like the pictures. I mean, that's just a waste of time. People have jobs. They have to take time off to go see this. So anything that would require a lot of work is kind of crossing the line.
What is the feeling amongst a home buyer when they walk into a home, they love the listing, and then it's completely different than what they expected? They've basically been house fished. Do they yell at the agents? What are actual home buyers saying?
It's probably similar to what you would do if you walked into a restaurant and your date looked nothing like the photos. It's pretty disappointing. You might be a little upset. I know one of the agents I spoke with, she went to the home before bringing the client. I think a lot of people are going to have to do that now. because it's a waste of people's time. People are disappointed.
Usually the agents are going to get a lot of flack for it when it could not be their fault. So a lot of people are upset about it, but there are some ways to stop agents from having this happen.
Well, let's talk about that. I think we should be able to regulate or force like real estate brokerages or you can't have a license unless you follow certain rules. I mean, this is a regulated profession being an agent. Sure. Are there better rules that we could have? Are some jurisdictions doing better than others when it comes to virtual staging or AI touch-ups and stuff?
Right, so California just passed Assembly Bill number 723, which requires agents to disclose whether or not they've used any AI or any photo enhancing tools. And even if they do post it to those, they need to also post the original photo side by side. So you can see this is what we think it might look like, but here's what it actually looks like.
And not every state has laws like that, but I would imagine that we will be seeing that in the future. I know that the National Association of Realtors, they have their own ethics code that they need to abide by, which is something similar to that rule in California. But not every agent is a member of the NAR. So you're going to have some people that don't really have any rules to follow.
Fair enough. Yeah, no, I think the side-by-side photo thing is great because there are some positives here, like house staging companies where I live in New York and in other parts of the world, especially expensive cities, like that's a racket. People end up spending tens of thousands of dollars to put fancy furniture in their house.
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