Meet The Real Estate Tech Entrepreneur: Michael Bonacina from Virtual Staging AI
In this week’s founder interview, we’re bringing you Michael Bonacina from Virtual Staging AI.
Who are you and what do you do?
I am the Co-Founder and CEO of Virtual Staging AI. We’re a startup from the Harvard Innovation Lab that developed a proprietary AI model to do virtual staging automatically.
What problem does your product/service solve?
Staging helps buyers visualize themselves in a property making it more likely that they will buy or rent the property. Virtual staging – meaning just digitally adding furniture to a picture of an empty room as opposed to physically arranging furniture in the property – has become popular in recent years as a faster and cheaper way to achieve similar results. With virtual staging AI we’re making virtual staging even more accessible with 10x lower costs and results in 30 seconds.
What are you most excited about right now?
I’m excited about the growing adoption of AI for all the different use cases. AI can’t just help realtors make properties look better, it can enhance their productivity in so many different ways. Seeing how this helps them give their clients a better service is really exciting to me.
What’s next for you?
Since our launch six months ago Virtual Staging AI gained 1,000 paying subscribers and we recently signed our first deal with an MLS. Now that we have proven traction we want to show even more agents the possibilities of virtual staging done by AI and we will expand the features of our product to make it even more helpful for agents.
What’s a cause you’re passionate about and why?
I’m passionate about equal opportunities for children through education. I think striving for this goal is one of the most important challenges we face as a society and I’m involved in different initiatives to support this goal.
Thanks to Michael for sharing his story. If you’d like to connect, find him on LinkedIn.
We’re constantly looking for great real estate tech entrepreneurs to feature. If that’s you, please read this post — then drop us a line ([email protected]).
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