first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:36Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:36 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenProperty News: The future of real estate02:36Would you buy a house from a robot?ROBOTS could replace average agents by 2020 according to one of Australia’s most respected futurists.Nigel Dalton, chief inventor at the REA Group, said robotics were reaching the stage where real estate agents who didn’t adapt would be out of work.“By 2020 robots will have the capability to replace real estate agents,” he said.“But only the average real estate agent.”Mr Dalton, who was speaking at Australasian Real Estate Conference on the Gold Coast, said from mail sorting in China to holographic spouses in Japan, robotics have already advanced at a head-turning pace.“A computer brick layer has accuracy six times better than a human.”Mr Dalton said the self-driving cars, virtual reality and holographic projection will see many customer-oriented tasks outsourced to automation.“They come to your office, they look at a dozen properties in a virtual reality head set and you go, ‘Which ones do you like?’ They go, ‘Those two.’”More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours agoNigel Dalton reckons robots will replace “average’’ agents in the future.“The (self-drive) Tesla is outside, it’ll drive you around, you’ll be met at the house by a robot or hologram. They’ll show you around, any questions, push a button and I’ll be there in a hologram,” he said.“Is that possible? That is possible.”Mr Dalton said, however, good agents still have skills robots don’t.“There’s a moment when you present your proposition to a couple… There’s a moment in that conversation when a glance happens – a 70 millisecond glance and you know you’re in trouble. I cannot get a computer to recognise the glance.”“Buying and selling property is a complex problem, but the trajectory (of technological advancement) is steepening.” He also said the level of trust humans place in robots will need to adapt in the future.“Would you get inside a car nobody is driving? I have another test, would you let a robot cut your hair?” he asked the attendees.last_img read more