Utilizing Large Language Models for Information Extraction from Real Estate Transactions

Fuente: arXiv
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Hauptverfasser: Zhao, Yu, Gao, Haoxiang, Cao, Jinghan, Yang, Shiqi
Format: Preprint
Veröffentlicht: 2024
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author Zhao, Yu
Gao, Haoxiang
Cao, Jinghan
Yang, Shiqi
author_facet Zhao, Yu
Gao, Haoxiang
Cao, Jinghan
Yang, Shiqi
contents Real estate sales contracts contain crucial information for property transactions, but manual data extraction can be time-consuming and error-prone. This paper explores the application of large language models, specifically transformer-based architectures, for automated information extraction from real estate contracts. We discuss challenges, techniques, and future directions in leveraging these models to improve efficiency and accuracy in real estate contract analysis. We generated synthetic contracts using the real-world transaction dataset, thereby fine-tuning the large-language model and achieving significant metrics improvements and qualitative improvements in information retrieval and reasoning tasks.
format Preprint
id arxiv_https___arxiv_org_abs_2404_18043
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Utilizing Large Language Models for Information Extraction from Real Estate Transactions
Zhao, Yu
Gao, Haoxiang
Cao, Jinghan
Yang, Shiqi
Computation and Language
Information Retrieval
Machine Learning
Real estate sales contracts contain crucial information for property transactions, but manual data extraction can be time-consuming and error-prone. This paper explores the application of large language models, specifically transformer-based architectures, for automated information extraction from real estate contracts. We discuss challenges, techniques, and future directions in leveraging these models to improve efficiency and accuracy in real estate contract analysis. We generated synthetic contracts using the real-world transaction dataset, thereby fine-tuning the large-language model and achieving significant metrics improvements and qualitative improvements in information retrieval and reasoning tasks.
title Utilizing Large Language Models for Information Extraction from Real Estate Transactions
topic Computation and Language
Information Retrieval
Machine Learning
url https://arxiv.org/abs/2404.18043