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Generating Analytics for Commercial Real Estate Professionals

By
Managing Real Estate Broker with Windermere Real Estate Gig Harbor

Presentation Reports

Have you ever found it difficult to compile the data you need for your presentations?  Things like Vacancy Graphs, Space Absorption, Property History, Building Historical Vacancy and Rental Rates.

What if you could have all of these available with a few clicks of the mouse?  Using an ePropertyData CIE/Commercial MLS system can give you these tools and more.  The key to collecting this kind of data is a Property Centric Database powered by ePropertyData.

So what exactly is a Property Centric CIE?

A property-centric CIE means that the database that underlies your CIE system is structured and patterned upon an inventory of all the commercial parcels and buildings in your region. This is how ePropertyData builds and structures its CIE systems using technology that has been developed over the past 11 years. A broker’s ability to access analytics and communicate market-based sales and lease history to help his or her client make a buy/lease decision is critical. In a changing market, having accurate and detailed information at your fingertips can make the difference in winning the client or not…..and ultimately, getting the deal done.

Building a property-centric database and maintaining it is critical to the efficacy of a CIE system. The quality of transaction information that is compiled and stored in connection with each parcel/building varies widely among property-centric systems. Technology, quality assurance process and financial commitment are important elements in making sure that the system provides its users with accurate and timely transaction information. Without a property-centric system, tracking sale and lease transaction history is nearly impossible.

Without transaction history most of the desired analytics that illustrate market and sub-market occupancy and availability are not possible. The alternative to a property-centric system is a sale and lease listing data system and although useful, it is not comprehensive.

Are you currently using a CIE/Commercial MLS?  What has been your experience so far?

Sample Analytic Reports below.

ePD Vacancy Graph

ePD Space Absorption

Building Historical Vacancy

 

 

Jennifer Zammit
Realty Executives Elite Ltd. - London, ON
A.C.C.I.

Thanks for the informative post!

Jul 20, 2009 09:37 AM