Selecting the right farm equipment valuation platform is crucial for organizations needing timely and relevant equipment comps and data. However, even the most extensive databases can fall short if they don’t provide actionable insights or integrate seamlessly into everyday decision-making.
At Tractor Zoom, our commitment to delivering actionable insights is what drives our
TZ AI solution. Artificial Intelligence (AI) is beneficial only when it provides practical solutions, and TZ AI is hyper-focused on delivering actionable insights to address our clients’ needs. Our latest feature,
Smart Descriptions within Tractor Zoom Pro Equipment Search, is delivering significant results for equipment dealers, Farm Credits, auctioneers, and more.
How does Smart Description work?
Smart Description utilizes Generative AI to process and analyze equipment descriptions, identifying the unique attributes that influence machine values across categories, manufacturers, and more. While the below animation simplifies the complex process happening behind the scenes, it illustrates how TZ AI parses through all the rich data included in an equipment description to highlight value-driven attributes.
Using Tractor Zoom Pro Equipment Search, users can access this feature by completing a search and filtering by Smart Description fields. Based on the user’s search criteria, the platform intelligently suggests category-specific filters to help refine the comps selected that inform the average auction and retail list values.
Smart Description is now available for tractors, combines, planters, and chemical applicators within Tractor Zoom Pro Equipment Search. Upcoming categories include headers and hay and forage, set to be available in the coming weeks.
See Smart Description in action
Valuing compact tractors
Accurately valuation of compact tractors involves considering various attachments and implements. Mariah Lund, Remarketing Manager at 21st Century Equipment, highlighted differing valuation and repricing needs between large ag equipment and compact equipment, which is some of the feedback that drove the introduction of TZ AI.
Andy Campbell, Director of Insights at Tractor Zoom, demonstrates how Smart Descriptions identifies relevant comps for a John Deere 1025R with and without a loader, belly mower, and backhoe. Andy completes this valuation in under two minutes, eliminating the need to manually sort and sift through equipment images or descriptions.
Valuing a pull-behind sprayer
With the recent addition of chemical applicator equipment to Smart Description, Tractor Zoom Pro users can quickly and confidently find relevant comps for their self-propelled sprayer, dry and liquid applicators, pull-behind sprayers, floaters, and more.
Leveraging Smart Descriptions, Andy demonstrates how to efficiently narrow down 4,000 auction comps and nearly 2,000 dealer listings to the most relevant 33 auction comps and 9 dealer listings for a pull-behind sprayer, significantly reducing search time.
Valuing a Class 8 combine
See how Smart Description enhances your search capabilities for Class 8 combines. By opening up additional filters such as auger length, auto contours, cameras, choppers, concave type, and more, Smart Description helps you quickly find the most relevant comps and accurately determine the value of your combine.