Increasing Efficiency, Accuracy and Speed: the Use of Bot Technology in Real Estate Transactions

The term “bot” actually stands for "robot" and is a software robot device that is an automated program that runs through various types of technologies.[1] There are many different types of bots that execute certain commands based upon the programming used. One example of this programming is RPA, which stands for Robotic Process Automation. RPA is the use of software with artificial intelligence (AI) and machine learning capabilities to handle high-volume, repeatable tasks that previously required humans to perform. These tasks can include queries, calculations and maintenance of records and transactions. [2] To learn more about how bots work, visit this animated video.[3]

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