{"id":21850,"date":"2023-03-27T16:39:20","date_gmt":"2023-03-27T16:39:20","guid":{"rendered":"https:\/\/www.imprima.com\/?p=21850"},"modified":"2025-05-12T12:01:43","modified_gmt":"2025-05-12T12:01:43","slug":"automatic-contract-summaries-for-real-estate","status":"publish","type":"post","link":"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate","title":{"rendered":"Smart Summaries for REAL ESTATE"},"content":{"rendered":"\n<p>Whether you are acquiring land, producing a Rent Roll or simply need a summary of key terms in a portfolio of Lease Agreements \u2013 Imprima Smart Summaries is the tool your Real Estate team can rely on.<\/p>\n\n\n\n<p>Smart Summaries utilises innovative machine learning techniques to understand key provisions in any document. The algorithms can adapt to the user\u2019s requirements and enable teams to form an understanding of large numbers of documents in a reduced amount of time.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"518\" src=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-report-Click-Highlight-1500px-1024x518.png\" alt=\"\" class=\"wp-image-21851\" srcset=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-report-Click-Highlight-1500px-1024x518.png 1024w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-report-Click-Highlight-1500px-300x152.png 300w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-report-Click-Highlight-1500px-768x389.png 768w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-report-Click-Highlight-1500px.png 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Drilling down into the report<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Assessing important information from a portfolio of documents has never been easier. Using Imprima\u2019s Smart Summaries, users can quickly identify and extract key clauses and datapoints from a whole portfolio of documents and view them alongside the document, in a customised Word report, or in our interactive grid report.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"476\" src=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-Report-21500px-1024x476.png\" alt=\"\" class=\"wp-image-21856\" srcset=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-Report-21500px-1024x476.png 1024w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-Report-21500px-300x139.png 300w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-Report-21500px-768x357.png 768w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/SM-Sum-Report-21500px.png 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Report of extracted data for all documents under investigation (rows are the documents, columns the extracted data points). For each data point the report indicates whether extracted by AI (\u201cAI:\u201d or \u201cAI+:\u201d) or manually entered or modified (\u201cM:<\/em>&#8220;).<em>&nbsp;The report also indicates if the user has completed and approved the extracted data for each document, giving the reviewer a quick and comprehensive overview of the status<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>In addition to the Word and grid report, users can also benefit from having all their notes and flags in one easily accessible report too. The Smart Summaries Flag Report allows users to review all comments made during the review, and have a summary of any red flags or key issues that have been made.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/excel-report-3a-1024x550.png\" alt=\"\" class=\"wp-image-21857\" srcset=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/excel-report-3a-1024x550.png 1024w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/excel-report-3a-300x161.png 300w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/excel-report-3a-768x412.png 768w, https:\/\/www.imprima.com\/wp-content\/uploads\/2023\/03\/excel-report-3a.png 1498w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>DD report (or \u201cred flag report\u201d) highlighting issues found in the DD documentation. It is typically constructed by manually reviewing all the documentation, or at least samples thereof, manually entering key information in a document summary, and then adding notes where issues (\u201cred flags\u201d) are discovered.<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>With 86% Recall users can save time<a> <\/a>while feeling confident in the results (read our blog on <a href=\"https:\/\/www.imprima.com\/blog\/smart-vdrs-accuracy\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Smart VDR Accuracy<\/strong><\/a> for more info). These multi-language algorithms can use training in one language to aid prediction in another language, reducing the time it takes for provisions to be identified in new languages.<\/p>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-weight:600\">To find out more about how <strong><a href=\"https:\/\/www.imprima.com\/ai-due-diligence\/automated-contract-summaries\" target=\"_blank\" rel=\"noreferrer noopener\">Smart Summaries<\/a><\/strong> can support your team with Real Estate transactions, <a href=\"https:\/\/www.imprima.com\/contact\/sales?productfeature=SMART%20SUMMARIES%20FOR%20REAL%20ESTATE\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Contact Us<\/strong><\/a>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether you are acquiring land, producing a Rent Roll or simply need a summary of key terms in a portfolio of Lease Agreements \u2013 Imprima Smart Summaries is the tool your Real Estate team can rely on. Smart Summaries utilises innovative machine learning techniques to understand key provisions in any document. The algorithms can adapt [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":10330,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169,161],"tags":[],"class_list":["post-21850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smart Summaries for REAL ESTATE - Imprima<\/title>\n<meta name=\"description\" content=\"Smart Summaries utilises innovative machine learning techniques to understand key provisions in any document.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smart Summaries for REAL ESTATE\" \/>\n<meta property=\"og:description\" content=\"Smart Summaries utilises innovative machine learning techniques to understand key provisions in any document.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate\" \/>\n<meta property=\"og:site_name\" content=\"Imprima\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-27T16:39:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-12T12:01:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.imprima.com\/wp-content\/uploads\/2020\/11\/AI-Lease-Blog-V2b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"292\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marcus Tolan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marcus Tolan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate\"},\"author\":{\"name\":\"Marcus Tolan\",\"@id\":\"https:\/\/www.imprima.com\/#\/schema\/person\/91ac413cefc7cd6c4ec7034f7cef47f2\"},\"headline\":\"Smart Summaries for REAL ESTATE\",\"datePublished\":\"2023-03-27T16:39:20+00:00\",\"dateModified\":\"2025-05-12T12:01:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate\"},\"wordCount\":373,\"publisher\":{\"@id\":\"https:\/\/www.imprima.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.imprima.com\/wp-content\/uploads\/2020\/11\/AI-Lease-Blog-V2b.jpg\",\"articleSection\":[\"Artificial Intelligence\",\"Real Estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate\",\"url\":\"https:\/\/www.imprima.com\/blog\/smart-summaries-for-real-estate\",\"name\":\"Smart Summaries for REAL ESTATE - 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