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ChatGPT is helping workers in real estate, finance and health care do their jobs

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In the three months since the artificial intelligence tool ChatGPT was introduced to the world, workers have already harnessed it to make their lives easier. Professionals in fields including real estate, health care and finance say they save time and work more efficiently using AI.

Here’s how these workers described using the tool in their day-to-day jobs.

Write me a real estate listing

Mala Sander, a top real estate agent for the Corcoran Group who focuses on the Hamptons, has been using ChatGPT regularly for the past couple of weeks to help her write real estate listings and devise marketing strategies for properties.

“I asked it to write me ad copy about a house in Bridgehampton with a pool and tennis court on two acres and I listed the other features I wanted to highlight,” she told CBS MoneyWatch. “And it would weave this fantastic copy into something that you could actually use.”

She uses ChatGPT to change the tone of listings too. “I’ll say things like, ‘write this toward a millennial audience’ or ‘make it funny.'”

screen-shot-2023-02-08-at-4-21-26-pm.png
Top Hamptons real estate agent Mala Sander uses ChatGPT to help her write listings.THE CORCORAN GROUP

Her routine these days is to have her team write the first draft of a listing “and crunch it through to see if ChatGPT can edit it down and make it more concise,” she said.

On a whim, she asked the bot to write her a marketing plan for one of her listings. It delivered. It gave her a breakdown of a campaign that would include digital, print and social outreach, she told CBS MoneyWatch.

“It talked about everything from direct mail to online digital advertising to social media, and it even came up with some percentages that might be ideal,” Sander said.

Having worked as an agent for the last 20 years, Sander is quite capable and efficient without ChatGPT.

“But it is useful,” she said. “It’s like talking to another person, almost like having work therapist to say, ‘Am I moving in the right direction with this or should be looking at some other things?'”

Elia Mazor, marketing manager for The Glazer Team at Corcoran, said he also uses ChatGPT to write listings and create other content.

“Sometimes you get writer’s block, so I use ChatGPT for a bit of inspiration and to provide a different tone,” he said.

Mazor said ChatGPT helped his team write the description of a new apartment listing on West 9th Street in Manhattan’s Greenwich Village.THE GLAZER TEAM

Financial planner’s assistant

Certified financial planner Michael Reynolds uses the chatbot to help him draft blog posts that educate his clients about financial documents like wills and trusts.

He tells ChatGPT the topic he wants to address, and enters a prompt like: “ChatGPT, create an introduction on why estate planning is important.”

It spits out paragraphs that Reynolds then edits in his own voice.

CFP Michael Reynolds said ChatGPT helps him create content faster.ELEVATION FINANCIAL

In a recent article on estate planning, Reynolds relied on ChatGPT to hook readers by driving home the message that “estate planning is an act of love for those you leave behind.”

“I asked ChatGPT to explain that and it put together a few paragraphs on why it’s thoughtful and considerate to do these things,” Reynolds said.

The process took about 20 minutes. If he’d worked on the article alone, it would have taken closer to two hours, he said.

He doesn’t use the tool to help clients make financial decisions — that’s still a job exclusively for humans, according to Reynolds.

“Financial planning is so nuanced, individualized and personal. It is hard to envision using ChatGPT to spit out recommendations without it knowing the client. I see it being more valuable in generating educational material to supplement what I am doing,” he said. “We don’t just crunch numbers; we coach people, listen to their concerns and help them talk through emotional situations. The creative, empathetic work we do as humans is irreplaceable as of today.”

Nick Meyer, another financial planner who produces shortform videos on TikTok, said he uses it as a starting point to come up with ideas for new content.

“I use it instead of Google search to get topic ideas, or to edit what I have already written,” he said. It also helps him make his videos funny.

“I can insert a couple lines of a script and say, ‘Make this more comedic, insert a joke on this line, or make it more concise,” Meyer said.

“Gobs” of medical information

Board-certified emergency physician Harvey Castro is advising digital health companies on how to best integrate ChatGPT into the health care sector.

He says one good application is creating and translating patient discharge instructions — rules for them to follow after a medical visit.

An expert in emergency medicine, if he were asked a dermatology-related question he was unsure about, Castro said he’d enter the query into ChatGPT for more information. In the past, he relied on other clinical search engines and resources like MDConsult, now called ClinicalKey.

“I could type it in and it would give me gobs of information. So it’s a supplement,” Castro said.

Doctors are also using it to enter a patient’s symptoms and have it return a differential diagnosis — a list of possible conditions related to the presenting symptoms, according to Castro.

“That is already happening today,” he said.

Study buddy

Rushabh Doshi, a second-year medical student at Yale University School of Medicine, likes to use ChatGPT to create sample questions while he studies for the U.S. Medical Licensing Examination.

Test prep services have limited practice questions, and ChatGPT can generate new ones on any topic based on the prompt he feeds it.

Yale med student Rushabh Doshi uses ChatGPT for medical information and education.COURTESY OF RUSHABH DOSHI

It helps him prepare for some patient interactions, too, but uses it strictly for medical education and not patient care.

“If there is a patient coming in with a disease I am not familiar with, I can go to ChatGPT and read up on it,” he said.

It also gives him information that helps him conduct more thorough patient evaluations. “I ask it to give me a guide of the types of questions to ask to make sure I am doing a comprehensive patient interview.”

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Two Quebec real estate brokers suspended for using fake bids to drive up prices

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MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.

Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.

Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.

She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.

The two brokers were suspended in May 2023 after La Presse published an article about their practices.

One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.

This report by The Canadian Press was first published Sept. 11, 2024.

The Canadian Press. All rights reserved.

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Montreal home sales, prices rise in August: real estate board

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MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.

The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.

The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.

The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.

QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.

Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.

This report by The Canadian Press was first published Sept. 6, 2024.

The Canadian Press. All rights reserved.

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Canada’s Best Cities for Renters in 2024: A Comprehensive Analysis

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In the quest to find cities where renters can enjoy the best of all worlds, a recent study analyzed 24 metrics across three key categories—Housing & Economy, Quality of Life, and Community. The study ranked the 100 largest cities in Canada to determine which ones offer the most to their renters.

Here are the top 10 cities that emerged as the best for renters in 2024:

St. John’s, NL

St. John’s, Newfoundland and Labrador, stand out as the top city for renters in Canada for 2024. Known for its vibrant cultural scene, stunning natural beauty, and welcoming community, St. John’s offers an exceptional quality of life. The city boasts affordable housing, a robust economy, and low unemployment rates, making it an attractive option for those seeking a balanced and enriching living experience. Its rich history, picturesque harbour, and dynamic arts scene further enhance its appeal, ensuring that renters can enjoy both comfort and excitement in this charming coastal city.

 

Sherbrooke, QC

Sherbrooke, Quebec, emerges as a leading city for renters in Canada for 2024, offering a blend of affordability and quality of life. Nestled in the heart of the Eastern Townships, Sherbrooke is known for its picturesque landscapes, vibrant cultural scene, and strong community spirit. The city provides affordable rental options, low living costs, and a thriving local economy, making it an ideal destination for those seeking both comfort and economic stability. With its rich history, numerous parks, and dynamic arts and education sectors, Sherbrooke presents an inviting environment for renters looking for a well-rounded lifestyle.

 

Québec City, QC

Québec City, the capital of Quebec, stands out as a premier destination for renters in Canada for 2024. Known for its rich history, stunning architecture, and vibrant cultural heritage, this city offers an exceptional quality of life. Renters benefit from affordable housing, excellent public services, and a robust economy. The city’s charming streets, historic sites, and diverse culinary scene provide a unique living experience. With top-notch education institutions, numerous parks, and a strong sense of community, Québec City is an ideal choice for those seeking a dynamic and fulfilling lifestyle.

Trois-Rivières, QC

Trois-Rivières, nestled between Montreal and Quebec City, emerges as a top choice for renters in Canada. This historic city, known for its picturesque riverside views and rich cultural scene, offers an appealing blend of affordability and quality of life. Renters in Trois-Rivières enjoy reasonable housing costs, a low unemployment rate, and a vibrant community atmosphere. The city’s well-preserved historic sites, bustling arts community, and excellent educational institutions make it an attractive destination for those seeking a balanced and enriching lifestyle.

Saguenay, QC

Saguenay, located in the stunning Saguenay–Lac-Saint-Jean region of Quebec, is a prime destination for renters seeking affordable living amidst breathtaking natural beauty. Known for its picturesque fjords and vibrant cultural scene, Saguenay offers residents a high quality of life with lower housing costs compared to major urban centers. The city boasts a strong sense of community, excellent recreational opportunities, and a growing economy. For those looking to combine affordability with a rich cultural and natural environment, Saguenay stands out as an ideal choice.

Granby, QC

Granby, nestled in the heart of Quebec’s Eastern Townships, offers renters a delightful blend of small-town charm and ample opportunities. Known for its beautiful parks, vibrant cultural scene, and family-friendly environment, Granby provides an exceptional quality of life. The city’s affordable housing market and strong sense of community make it an attractive option for those seeking a peaceful yet dynamic place to live. With its renowned zoo, bustling downtown, and numerous outdoor activities, Granby is a hidden gem that caters to a diverse range of lifestyles.

Fredericton, NB

Fredericton, the capital city of New Brunswick, offers renters a harmonious blend of historical charm and modern amenities. Known for its vibrant arts scene, beautiful riverfront, and welcoming community, Fredericton provides an excellent quality of life. The city boasts affordable housing options, scenic parks, and a strong educational presence with institutions like the University of New Brunswick. Its rich cultural heritage, coupled with a thriving local economy, makes Fredericton an attractive destination for those seeking a balanced and fulfilling lifestyle.

Saint John, NB

Saint John, New Brunswick’s largest city, is a coastal gem known for its stunning waterfront and rich heritage. Nestled on the Bay of Fundy, it offers renters an affordable cost of living with a unique blend of historic architecture and modern conveniences. The city’s vibrant uptown area is bustling with shops, restaurants, and cultural attractions, while its scenic parks and outdoor spaces provide ample opportunities for recreation. Saint John’s strong sense of community and economic growth make it an inviting place for those looking to enjoy both urban and natural beauty.

 

Saint-Hyacinthe, QC

Saint-Hyacinthe, located in the Montérégie region of Quebec, is a vibrant city known for its strong agricultural roots and innovative spirit. Often referred to as the “Agricultural Technopolis,” it is home to numerous research centers and educational institutions. Renters in Saint-Hyacinthe benefit from a high quality of life with access to excellent local amenities, including parks, cultural events, and a thriving local food scene. The city’s affordable housing and close-knit community atmosphere make it an attractive option for those seeking a balanced and enriching lifestyle.

Lévis, QC

Lévis, located on the southern shore of the St. Lawrence River across from Quebec City, offers a unique blend of historical charm and modern conveniences. Known for its picturesque views and well-preserved heritage sites, Lévis is a city where history meets contemporary living. Residents enjoy a high quality of life with excellent public services, green spaces, and cultural activities. The city’s affordable housing options and strong sense of community make it a desirable place for renters looking for both tranquility and easy access to urban amenities.

This category looked at factors such as average rent, housing costs, rental availability, and unemployment rates. Québec stood out with 10 cities ranking at the top, demonstrating strong economic stability and affordable housing options, which are critical for renters looking for cost-effective living conditions.

Québec again led the pack in this category, with five cities in the top 10. Ontario followed closely with three cities. British Columbia excelled in walkability, with four cities achieving the highest walk scores, while Caledon topped the list for its extensive green spaces. These factors contribute significantly to the overall quality of life, making these cities attractive for renters.

Victoria, BC, emerged as the leader in this category due to its rich array of restaurants, museums, and educational institutions, offering a vibrant community life. St. John’s, NL, and Vancouver, BC, also ranked highly. Québec City, QC, and Lévis, QC, scored the highest in life satisfaction, reflecting a strong sense of community and well-being. Additionally, Saskatoon, SK, and Oshawa, ON, were noted for having residents with lower stress levels.

For a comprehensive view of the rankings and detailed interactive visuals, you can visit the full study by Point2Homes.

While no city can provide a perfect living experience for every renter, the cities highlighted in this study come remarkably close by excelling in key areas such as housing affordability, quality of life, and community engagement. These findings offer valuable insights for renters seeking the best places to live in Canada in 2024.

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