Four Types of Metrics in Real Estate

Four Types of Metrics in Real Estate

by | Metrics

In this post I am going to introduce the four types of metrics in real estate management that I recommend our clients keep an eye on. Most of our clients ask to look at Actual vs Budget. Looking at the variance to budget helps them know how they are managing. I think...
The Dashboard Buyer’s Journey

The Dashboard Buyer’s Journey

by | Metrics

Before our clients hire us to build them a custom dashboard, they go through what we call the “dashboard buyer’s journey”. This is a “journey” because it involves many decision points, and there are lots of things to learn along the way.   The...
How to Forecast Occupancy

How to Forecast Occupancy

by | Metrics

Take a minute to look at the occupancy dashboard image below. It is forecasting occupancy 30, 60 and 90 days from now. The rest of the article describes how to forecast occupancy for your portfolio. How to Forecast Occupancy Let’s say you have been given a monthly...
Building the Entrata KPI Scorecard

Building the Entrata KPI Scorecard

by | Metrics

An Automated Entrata KPI Scorecard We built the RentViewer Entrata connector in collaboration with a client. Our client was  looking to automate the process for updating their Excel-based KPI scorecard.   The Business Challenge The client’s executive team...
Using metrics that predict future performance

Using metrics that predict future performance

by | Metrics

When you are looking at P&Ls or balance sheets, you are looking at history you are looking at metrics that predict future performance.A P&L tells you what happened last month.It is not telling you what is likely to happen next month.And relying too much on...