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TODAY'S OTHER NEWS

AI-powered portal continues UK rollout

Artificial intelligence (AI)-powered property portal Jitty has now expanded to Bristol and the surrounding areas.

The app said it clocked over 3,000 users across Bath in just two weeks since launch in January as it prepares for a UK rollout.

It has been launched by chief executive Graham Paterson, James Storer and Daniel Cooper - all of whom worked for Deliveroo and also have experience at popular fintechs including Klarna and Freetrade.

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Jitty also has the backing of Google’s AI-focused venture fund Gradient Ventures.

It describes itself as the new way of finding homes.

The property search engine, which had more than 2,500 people on its waiting list prior to launch, is built to enable homebuyers to search and manage the process all in one place. 

It supports a deep-dive search and discovery of homes through a “delightful, fun, and simple user experience.”

The AI-powered search engine uses LLM (large-language model) technologies as well computer-vision, to read floor plans and understand photos and descriptions of homes. 

Because of this, Jitty has the ability to cross-reference information with publicly available databases and third party services, to provide users with an exceptional level of detail. 

Users can collaborate, share information with loved ones, create shortlists and notes on each property they like, and understand even more about the home that is listed and its value before making an appropriate offer. 

Jitty said it will not charge estate agents fees to list properties or receive enquiries.

The portal will instead use AI to index homes straight from estate agent websites and more cities will be added in the coming months.

The app can be downloaded on Apple and Android devices.

Paterson said:“This is just the start, we are listening to our users at every step of the way and will be sharing some exciting new features throughout 2024.”

Former Zoopla chief operating officer Doug Monro, also gave his backing to the app in the statement, he said: “Jitty has huge appeal - it’s a mature market but there’s still room for much better tools with a focus on the buyer. I’ve spent my career building some of the biggest consumer marketplaces like Adzuna, Zoopla, and Gumtree, and Jitty has the opportunity to have a similar major impact.”

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