Flag red-flag sections in contracts and addendums, and analyze a rent roll and comps, with ChatGPT
Andres Asion, broker of the Miami Real Estate Group in Miami, in Florida Realtor magazine
"Every time I get a contract from someone, especially with an addendum that can be as long as 15 pages, I run it through ChatGPT. I tell ChatGPT that I am the buyer's agent for the contract, and I ask it to tell me if there are any red flags in the contract that might hurt my buyer." He also says, "Running a spreadsheet through ChatGPT can quickly analyze the rent roll and comps so you can advise an investor about a property's income potential."
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The problem
Contracts can come with addendums as long as 15 pages, and he needs to know which sections might hurt his buyer. He also advises investors on a property's income potential.
What happened
He says, "I still go through it and read it, too, but this points to sections of the contract that should get extra attention." No figures are given. Self-reported.
Quoted in the source: Andres Asion, broker, Miami Real Estate Group. Source: Florida Realtor magazine: Real Ways AI Can Help Realtors (Besides Just Property Listings) (Michele Lerner) (2025-07-21) · Added 2026-10-20.
How to set it up yourself
- What Andres Asion does: he runs each contract and addendum through ChatGPT, tells it he is the buyer's agent, and asks for red flags that might hurt his buyer. He still reads the contract himself. He also runs rent roll and comps spreadsheets through ChatGPT when advising investors on a property's income potential.
- Remove names, account numbers and other private details, then upload the contract with the prompt below and say whose side you're on.
- Use the list only as a pointer. A person reads the whole document, and a lawyer reviews anything legal. ChatGPT is not legal advice.
- For an investment property, upload the rent roll and comps as a spreadsheet and ask for a summary of income, vacancies and how rents compare. Check every figure against the source documents before advising a client.
Copy-paste prompt
I am the {BUYER'S OR SELLER'S} agent on this contract and addendum for {PROPERTY TYPE}. List any sections that might hurt my client: quote the exact clause, give the section or page number, and explain in one plain sentence why it needs attention. Don't summarize the whole contract. Never invent clauses, deadlines, dollar amounts or laws; if something seems missing, write [MISSING]. If a point needs a lawyer's opinion, write [ASK: lawyer]. This is a review aid, not legal advice.One short email a day: 3 new AI use cases from real small businesses, each with its source and setup steps, plus a Tool of the Day. Free, no spam, unsubscribe anytime.
Tools used
ChatGPT
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