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Heimstaden cuts property image costs 99% with OpenAI

Original title: Heimstaden is changing residential real estate management with AI

OpenAI News ()7 min read1 · 1 read
AI summary · x-ai/grok-4.7Summaries by Vani AI

Heimstaden reports 99% reduction in image production costs and has assessed 20,112 assets using OpenAI tools with 50% employee adoption.

Heimstaden is using OpenAI's ChatGPT and Codex to manage residential properties in Europe. The company achieved a 99% drop in costs for virtually staged property images, from about €50 to under €0.10 each. It has analyzed 20,112 assets, generating over six million rows of data. Employee adoption of the AI tools reached 50% within 2-3 months, with potential annual savings of €130,000 in one market.

Key facts
  • 99% reduction in property image production costs
  • 20,112 assets analyzed with Codex
  • 50% employee adoption rate
  • €130,000 annual savings potential in Netherlands alone
  • AI used for pricing, advertising, ad review and market feedback
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Tags
openaireal-estate
Vendors
OpenAI
Products
ChatGPTCodex
Organizations
Heimstaden

From the original article

7 min read at openai.com

Discover how Heimstaden uses OpenAI’s ChatGPT Enterprise and Codex to transform property management, cut costs, and empower employees across Europe.

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.