Problem
A real estate investment firm has to do a regular analysis of the real estate market in the region to analyze the general real estate trends and identify desirable properties for acquisition. An employee has to spend a lot of time collecting information from italian real estate websites. New properties that match company criteria are saved in an excel file and the real estate metrics are calculated using property information such as price, area, location and amenities. Finally, a list of desirable properties is created according to predefined business rules for further review.
Solution
We built a digital robot to automate the data collection process and list generation. The robot searches the real estate websites for new properties, extracts all the required information and saves it in an excel file. Then, the robots calculates the business metrics, identifies the desirable properties and creates a report. Finally, the robot emails the report and the list of desirable properties to the employee.
Impact
The employee went from spending 40 hours every month to just 2 hours. The robot works much faster to the company can cover a much larger region and perform the analysis every week instead of every month. The robot also processes a larger number of properties to ensure no real estate opportunities are missed.
95%
Time Savings
From 40 hours per month to 2 hour
10X
Increase in Coverage
From a single city to the entire region
4X
Increase in Frequency
Analysis once a month to once a week
"Our real estate analysis has become a lot more efficient. We are able to target the entire Lombardy region instead of just Milan. The robot has helped us expand our analysis to all listed properties from a fraction that we processed earlier. The metric calculations are always accurate and we are identifying more opportunities than ever!"
- Client TestimonialResults
Zero Mistakes
The robot never makes a mistake. It calculates all real estate metrics and executes the business rules perfectly so no employee time is wasted.
Greater Coverage
The robot works much faster than humans so it can collect real estate data from a much larger area and process a lot more properties ensuring no opportunity is missed.
Higher Frequency
Since a human is no longer required, the analysis can be done every week instead of only once a month leading to faster reaction times.
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