<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.assetsoft.biz/blogs/tag/market-insight/feed" rel="self" type="application/rss+xml"/><title>Assetsoft - Blog #Market Insight</title><description>Assetsoft - Blog #Market Insight</description><link>https://www.assetsoft.biz/blogs/tag/market-insight</link><lastBuildDate>Tue, 12 May 2026 13:42:46 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[MRI Ascend 2025: Where PropTech Innovation Meets Real-World Solutions]]></title><link>https://www.assetsoft.biz/blogs/post/mri-ascend-2025-where-proptech-innovation-meets-real-world-solutions</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/MRI-Ascend-2025-Where-PropTech-Innovation-Meets-Real-World-Solutions-Squr.jpg"/>The real estate technology landscape is evolving at breakneck speed. Whether you're managing multifamily properties, commercial portfolios, affordable housing, or facilities operations, the challenges remain consistent:]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_uU7aSKwLReqtysHSDbAJkA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_HDo3ykA-Tya4jq7ndHqyKg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_Q5FyXjdOTiuroEVpk3TFdA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_wE0TXDMd-U-7L86UfMgXHg" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_wE0TXDMd-U-7L86UfMgXHg"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/MRI-Ascend-2025-Where-PropTech-Innovation-Meets-Real-World-Solutions-Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_M0P9e0SWQmKA1AOMxWdfjQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><b style="color:rgb(255, 0, 0);">Mark your calendars:</b></p><p><span>From October 19 to 22, 2025, Nashville's Gaylord Opryland Resort will transform into a hub for PropTech at MRI Ascend North America 2025. This year's theme, &quot;Amplify Your Edge,&quot; couldn't be timelier as real estate operators navigate mounting pressures to streamline operations, enhance reporting accuracy, and deliver exceptional tenant experiences.</span></p></div><p></p></div>
</div><div data-element-id="elm_YMlVnREFT5oESvpSlZzsOQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;">W</span>hy <span style="color:rgb(128, 226, 29);">Ascend 2025</span> Matters Now</b></span></h2></div>
<div data-element-id="elm_udJiLm1oeCwfvRDKgaUACQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p><span><span>The real estate technology landscape is evolving at breakneck speed. Whether you're managing multifamily properties, commercial portfolios, affordable housing, or facilities operations, the challenges remain consistent: reducing cycle times, improving data fidelity, and staying ahead of market demands. Ascend 2025 directly addresses these pain points with AI-focused sessions, hands-on workshops, and actionable strategies you can implement immediately.</span></span></p></div>
</div><div data-element-id="elm_H_OhNcjEGbeBfPRU2yLgGw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">W</span>hat Sets This Year Apart</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_sadhGH4Xls-J5IAKmOYjxA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>This isn't your typical users conference. MRI has structured Ascend 2025 with learning paths for every expertise level—from beginners getting their bearings to power users seeking advanced optimization techniques. The diverse track offerings ensure relevant content, whether you're in commercial, multifamily, affordable housing, investment management, or facilities operations.</span></p><p><span><br/></span></p><p><span>The hands-on workshop format deserves special mention. These aren't passive demonstrations but guided, interactive sessions where you'll work directly with new and upcoming MRI products. It's the perfect opportunity to validate fit and plan adoption strategies before committing resources.</span></p></div><p></p></div>
</div><div data-element-id="elm_grSaEn8pdPzpmTbnZyTOVg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;color:rgb(22, 56, 90);"></span><b><span style="color:rgb(22, 56, 90);font-size:32px;">V</span><span style="color:rgb(22, 56, 90);">isit </span><span style="color:rgb(29, 128, 226);">Assetsoft</span><span style="color:rgb(22, 56, 90);"> at Our Booth: See Game-Changing Solutions in Action</span></b></b><b></b></span></h2></div>
<div data-element-id="elm_-Qjzt7Ce66RDDZ_rqlOcgw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><b>We're excited to announce that Assetsoft will have a booth at Ascend 2025</b><span>, and we invite you to stop by for demonstrations of three transformative solutions that are revolutionizing how MRI users manage their operations:</span></p><p><span><br/></span></p><p><b style="color:rgb(22, 56, 90);">1. Automatic Bank Reconciliation for MRI X</b></p><p><span>Manual bank reconciliation is both time-consuming and prone to errors. Our automated solution seamlessly integrates with MRI X, dramatically reducing month-end close times while improving accuracy. See firsthand how you can eliminate hours of manual matching and focus on strategic financial management instead.</span></p><p><span><br/></span></p><p><b style="color:rgb(22, 56, 90);">2. Smart AP Coding and Workflow</b></p><p><span>Transform your accounts payable process with intelligent automation that learns from your coding patterns, routes invoices through customized approval workflows, and reduces processing time by up to 70%. Our innovative AP solution doesn't just automate—it adapts to your unique business rules and improves over time.</span></p><p><span><br/></span></p><p><b style="color:rgb(22, 56, 90);">3. Wells Fargo Integration</b></p><p><span>Experience seamless connectivity between MRI and Wells Fargo banking systems. This integration eliminates duplicate data entry, accelerates payment processing, and provides real-time visibility into cash positions across your portfolio.</span></p></div><p></p></div>
</div><div data-element-id="elm_VXynITGjaqskyMyj-Z6SYA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">M</span>aximize Your <span style="color:rgb(128, 226, 29);">Ascend</span> Experience</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_22LrtHbMVZ6KAzsUKDQiaQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>To extract maximum value from the conference, consider this strategic approach:</span></p><p><span><br/></span></p><p><b>Before You Arrive:</b><span> Review the <a href="https://mriusersconference.com/agenda/" style="color:rgb(48, 4, 234);text-decoration-line:underline;">agenda</a> and prioritize sessions aligned with your immediate challenges. Book workshop slots early—they fill quickly.</span></p><p><span><br/></span></p><p><b>During the Conference:</b><span> Split your team across different tracks to maximize coverage. Assign someone to beginner sessions to gain foundational knowledge, while others dive into advanced topics. Most importantly, schedule time to visit vendor booths, including ours, to see solutions that address your specific pain points.</span></p><p><span><br/></span></p><p><b>Network with Purpose:</b><span> Some of the best insights come from peer conversations. Connect with other MRI users facing similar challenges and learn from their successes and setbacks.</span></p></div><p></p></div>
</div><div data-element-id="elm_Wet2Psh2Kv52DN8DbBd2dQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">F</span>rom Conference Insights to Real Results</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_I4_eo-8SWx7NnDYfzaKwQQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The actual value of Ascend isn't measured in sessions attended but in improvements implemented. That's where Assetsoft's expertise becomes invaluable. Beyond our booth demonstrations, we help organizations translate conference learnings into measurable outcomes through:</span></p><ul><li><span>Strategic implementation and system optimization</span></li><li><span>Seamless integrations that eliminate data silos</span></li><li><span>Custom reporting and analytics dashboards</span></li><li><span>Comprehensive training and change management programs</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_x91KcuN0yUqTC7Zv-Yv0iA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">M</span>aking Your Business Case</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_8O4IPS8vBWGx3CHChrdU7w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p><span><span>Need to justify attendance to leadership? Focus on measurable outcomes: reduced close times, fewer billing errors, improved audit readiness, and accelerated work order resolution. MRI even provides a &quot;Make Your Case&quot; template to help articulate ROI.</span></span></p></div>
</div><div data-element-id="elm_iI-AdW8Wu3Fw84Adxmwn5w" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">T</span>ake Action Today</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_4833V7Q-9aRouXilNrWMoQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>With early-bird and group rates available for a limited time, now's the moment to secure your spot at MRI Ascend 2025. More importantly, <b>make sure to visit the Assetsoft booth</b> to see our automatic bank reconciliation, clever AP coding, and Wells Fargo integration solutions in action.</span></p><p><span><br/></span></p><p><span>These aren't just product demos—they're opportunities to solve real operational challenges and amplify your competitive edge in today's demanding real estate market.</span></p><p><span><br/></span></p><p><b>See you in Nashville! Please stop by the Assetsoft booth to discover how we're helping MRI users transform their operations through intelligent automation and seamless integrations.</b></p></div><p></p></div>
</div><div data-element-id="elm_Jxc3-cUonkbJoyYq8hOR4A" data-element-type="divider" class="zpelement zpelem-divider "><style type="text/css"></style><style></style><div class="zpdivider-container zpdivider-line zpdivider-align-center zpdivider-align-mobile-center zpdivider-align-tablet-center zpdivider-width100 zpdivider-line-style-dotted "><div class="zpdivider-common"></div>
</div></div><div data-element-id="elm_He9NCKTAvCw5Us5SXlTTWA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><i>Ready to amplify your edge? Register for MRI Ascend 2025 today and schedule time with Assetsoft to explore solutions that deliver immediate, measurable impact.</i></p></div><p></p></div>
</div><div data-element-id="elm_QCgOPtIbQ5qukSwMmLszWQ" data-element-type="button" class="zpelement zpelem-button " data-animation-name="bounceIn" data-animation-repeat="true"><style></style><div class="zpbutton-container zpbutton-align-center zpbutton-align-mobile-center zpbutton-align-tablet-center"><style type="text/css"></style><a class="zpbutton-wrapper zpbutton zpbutton-type-primary zpbutton-size-md zpbutton-style-none " href="/contact-us" target="_blank"><span class="zpbutton-content">Get Started Now</span></a></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Thu, 02 Oct 2025 10:35:19 -0500</pubDate></item><item><title><![CDATA[Your Guide to Budgeting and Forecasting With a Property Management Software]]></title><link>https://www.assetsoft.biz/blogs/post/your-guide-to-budgeting-and-forecasting-with-a-property-management-software</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Your Guide to Budgeting and Forecasting - squr.png"/>Real estate forecasting was traditionally based on intuition and word-of-mouth. In today’s environment, data-backed decisions form the backbone of a c ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_ZSa0_sq-RtSWMqACJjUHJQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_61OTflpgRjaetqV0oZspag" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_uncROmefQv2vlDMS7125VA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_uncROmefQv2vlDMS7125VA"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_k2Y-CTI3FzB7ayUiG_wxfw" data-element-type="image" class="zpelement zpelem-image "><style> [data-element-id="elm_k2Y-CTI3FzB7ayUiG_wxfw"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Your%20Guide%20to%20Budgeting%20and%20Forecasting%20-%20rect.png" size="large" alt="Your Guide to Budgeting and Forecasting With a Property Management Software" data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_XIXqkFc_SjKBo6XXNX5HNg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_XIXqkFc_SjKBo6XXNX5HNg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">Real estate forecasting was traditionally based on intuition and word-of-mouth. In today’s environment, data-backed decisions form the backbone of a company’s financial growth. As there is a lot of data generated every day, you can use technology to leverage your business growth.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">PropTech has a variety of software for budgeting and forecasting. Recent software uses&nbsp;</span><a href="https://www.ijcaonline.org/archives/volume152/number2/bhagat-2016-ijca-911775.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">data mining</span></span></a><span style="font-size:11pt;">&nbsp;and even&nbsp;</span><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3565512" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">machine learning</span></span></a><span style="font-size:11pt;">&nbsp;to predict house prices.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Through this guide, you can learn how to use PropTech to improve forecasting for your property management company.&nbsp;&nbsp;</span><span style="font-size:11pt;">&nbsp;</span></p></div></div>
</div><div data-element-id="elm_034M3vF6Ru6rGyFONfY4lA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_034M3vF6Ru6rGyFONfY4lA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Why are budgeting and forecasting important?&nbsp;</span><br></h2></div>
<div data-element-id="elm_uzqWbXYKCe6DRmRR90L41g" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_uzqWbXYKCe6DRmRR90L41g"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div><p><span style="font-size:11pt;">The financial health of your company depends on the budgeting and forecasting process. It enables strategic decision-making and revenue growth for your business. Real estate market trends are volatile. If you utilize technology to evaluate your investments, you can:&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div>
<div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Update forecasts according to new market trends.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Analyze upcoming changes in the market.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Budget better by predicting cash flows.&nbsp;</span></p></li></ul></div>
</div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Make decisions based on data and not guesswork.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Safeguard your company from potential financial pitfalls.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Improve performance of other departments through proper planning.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Get more investors as you have proof of the financial future of your company.&nbsp;</span></p></li></ul></div>
</div></div></div></div><div data-element-id="elm_zeX1oX7t_HFZdCaruyYkMw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_zeX1oX7t_HFZdCaruyYkMw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Why choose automation for real estate budgeting and forecasting?</span><br></h2></div>
<div data-element-id="elm_5OYz-7yz9wlSH1NkS3L5mg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_5OYz-7yz9wlSH1NkS3L5mg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Many companies rely on spreadsheets for their budgeting needs. With&nbsp;</span><a href="https://www.marketwatch.com/story/88-of-spreadsheets-have-errors-2013-04-17" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">88% of them containing errors</span></span></a><span style="font-size:11pt;">, they are far from accurate. The real estate industry is competitive, and embracing technology can put you ahead in the race.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Using budgeting software also helps you make better business plans.&nbsp;</span><a href="https://bi-survey.com/benefits-planning-software" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">According to Bi-Survey</span></span></a><span style="font-size:11pt;">, 53% of businesses reported better planning results after using budgeting software.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Here are the 5 benefits of automating your real estate budgeting and forecasting process.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_oSOUcpBGCHp5k1AOtiI_gA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_oSOUcpBGCHp5k1AOtiI_gA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Enhanced reporting</span><br></h3></div>
<div data-element-id="elm_zygX2hO3DLKbXc_-CC5aeg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_zygX2hO3DLKbXc_-CC5aeg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">As a property manager, you would be looking for tailor-made reports unique to your company. Forecasting software does exactly that.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Reports based on generic conditions are usually not adequate. Forecasting software allows you to generate reports against any kind of trend. If you want to run multiple scenarios or analyze different reports, you should switch to forecasting software.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_cBGM9GsPBrz9NBlJyrvjjQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_cBGM9GsPBrz9NBlJyrvjjQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">More reliability</span><br></h3></div>
<div data-element-id="elm_50xEJ9SrJsDD6RrsCVFwBA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_50xEJ9SrJsDD6RrsCVFwBA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">A spreadsheet document can go wrong with a single error. Whether it is missed numbers or wrong data, it can cost you important investments. The most important benefit of utilizing software is reliability. As they don’t rely on manual data entry, they increase your budget’s accuracy. Your data can also be utilized by different platforms if your tools are integrated.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">It is also more secure than manual data entry. You can rely on cloud storage to keep your data from getting lost.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_xNdD6itkn6bVKrna-6xmDg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_xNdD6itkn6bVKrna-6xmDg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Increased productivity</span><br></h3></div>
<div data-element-id="elm_q0rQUx8vj_5ihaArQGzLMg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_q0rQUx8vj_5ihaArQGzLMg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Automated budgeting and forecasting are not only more accurate but also faster. Your employees don’t need to spend hours entering data and rechecking it, You can put your team to more productive use.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Since the forecasting is faster, you can get more work done in the same amount of time.&nbsp;&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_8pRpR7NTCnw3l8SKCVrNWA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_8pRpR7NTCnw3l8SKCVrNWA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Elimination of guesswork</span><br></h3></div>
<div data-element-id="elm_EUOg-EtortE0h_FOmViiDA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_EUOg-EtortE0h_FOmViiDA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Traditional real estate forecasting was based on intuition. This may work for smaller companies with a local reach. But, property managers and investors require reliable data-based decisions for their multiple properties. Forecasting software gives insights only after analyzing marketing data and trends. After all, no company wants to leave their key decisions to guesswork.&nbsp;&nbsp;</span></span><br></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_fkhpa2Y2kZw9XBv4j2Eyuw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_fkhpa2Y2kZw9XBv4j2Eyuw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Improved compliance</span><br></h3></div>
<div data-element-id="elm_pJa9SzYqoe3wODrJ4DRSbQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_pJa9SzYqoe3wODrJ4DRSbQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;color:inherit;">There are several real estate laws that keep changing. In the US, you should also be careful about any state-specific laws. Automated forecasting is usually in compliance with the laws. They help you create the necessary reports and also verify them internally.&nbsp;&nbsp;</span><span style="color:inherit;"><span style="font-size:11pt;">&nbsp;</span></span><br></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_uaQQo_MGHik8yW0FvPS3xA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_uaQQo_MGHik8yW0FvPS3xA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Different functions you can automate:</span><br></h2></div>
<div data-element-id="elm_c534XVxJ4Fs4Gip8wRl3zA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_c534XVxJ4Fs4Gip8wRl3zA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;color:inherit;">Leading companies have automated several important business functions. These work as a unified strategy and may not show results when singled out. Some of the essential functions you can automate are:&nbsp;</span><span style="font-size:11pt;color:inherit;">&nbsp;</span><span style="color:inherit;"><span style="font-size:11pt;">&nbsp;</span></span><br></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_Nbj0oRFvQdiIAEqeqzcLXg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Nbj0oRFvQdiIAEqeqzcLXg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Lease forecasting</span><br></h3></div>
<div data-element-id="elm_QJHwr-Eh16YLclMTkxgfcw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_QJHwr-Eh16YLclMTkxgfcw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Lease forecasting improves your budget. Accurate predictions can direct your investments and improve ROI. Your software should forecast precisely and also have an easy-to-use interface.&nbsp;</span></span><br></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_fZ0qqft9BlHQp35mnzjXUw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_fZ0qqft9BlHQp35mnzjXUw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Multiple variable forecasting</span><br></h3></div>
<div data-element-id="elm_IltWsObZhk94W7vZtkA4Rg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_IltWsObZhk94W7vZtkA4Rg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Forecasting takes into account multiple scenarios like tenancy changes, economic factors, and other changes. The right software needs to forecast considering all these aspects. It should also let you generate multiple reports on individual changes.&nbsp;&nbsp;</span></span><br></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_0M2VU7I9eS8o87Z9bcaq2w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_0M2VU7I9eS8o87Z9bcaq2w"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Corporate expense management</span><br></h3></div>
<div data-element-id="elm_2b12yTqvLAML2KLStL1-dg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_2b12yTqvLAML2KLStL1-dg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The real estate budget needs to account for corporate expenses such as legal fees, payrolls, and taxes. These can change in different regions or countries. You need to evaluate your budget according to the expenses specified by the local law.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Some software has such inbuilt functions. You can also use add-on tools in software like Yardi and MRI to manage budget and forecasting.</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_BQJMkUl_4BYCBzLKdWEPfQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_BQJMkUl_4BYCBzLKdWEPfQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">How to choose the right software?</span><br></h2></div>
<div data-element-id="elm_agobdwJIOsxYPHPmQLPDyw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_agobdwJIOsxYPHPmQLPDyw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">There are many tools designed for real estate budgeting and forecasting. Before choosing one, you need to evaluate the software for some key abilities.&nbsp;</span></p></div><div style="font-size:12px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Being Adaptive: It should let you change your forecasting based on new inputs. Ideally, it should generate as many reports as you want.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Speed: It should generate reports within a short span of time. If you have deadlines, you need to consider this quality.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Integration: It should seamlessly integrate with your other tools.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Easy interface: It should be useful for a person who does not have much IT experience. A simple software understandable by a client could go a long way.&nbsp;</span></p></li></ul></div></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Efficiency: It should decrease the workload from your staff. The reports should not need much evaluation from your other employees.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Accurate: Most people shift from traditional methods to software because of the accuracy. Your software should generate reports that are accurate and up-to-date.&nbsp;</span></p></li></ul></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_IxOx3IvIIb45kOVoP1-mKg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_IxOx3IvIIb45kOVoP1-mKg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">What features to look for?</span><br></h2></div>
<div data-element-id="elm_xssbrbKaAiG-O9FVYHRFdA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_xssbrbKaAiG-O9FVYHRFdA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Budgeting</span><br></h3></div>
<div data-element-id="elm_I1aeqyAavWIfLQ92VY14TQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_I1aeqyAavWIfLQ92VY14TQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The budget feature lets you collect data from a property level. This data is used to make granular level forecasts. Choose software that lets you predict future costs by analyzing individual data such as rent and vacancies.&nbsp;</span><span style="font-size:11pt;">&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_blZ_mUGNVYUl1JsURX4DMw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_blZ_mUGNVYUl1JsURX4DMw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Assumption analysis</span><br></h3></div>
<div data-element-id="elm_fAdwkIiiYRYozdbVrejdcA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_fAdwkIiiYRYozdbVrejdcA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">As a property manager, there are several ‘what if?’ scenarios you need to analyze. Software that generates reports as per your input will allow you to evaluate different market scenarios.&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_motA4nY5lHXs2kYqljJ5LA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_motA4nY5lHXs2kYqljJ5LA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Customizable P&amp;L</span><br></h3></div>
<div data-element-id="elm_3PLMEAnwfk9tmez4M0TftA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_3PLMEAnwfk9tmez4M0TftA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Your software should evaluate cash flow based on the components of your chart of accounts. It should also allow a choice between generating reports at an account level or cash level.&nbsp;&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_6Yar8Caaw_J6JhIdAlizLg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_6Yar8Caaw_J6JhIdAlizLg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Adjustable granularity</span><br></h3></div>
<div data-element-id="elm_IFM8mAKIg45QeRo1ROz5cQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_IFM8mAKIg45QeRo1ROz5cQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Software that has adjustable granularity generates reports at all levels. You can choose to generate an overall report or divide them into segments. You can also choose many reports of individual properties.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_CvLcl99ge5X12ShYygMd7w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_CvLcl99ge5X12ShYygMd7w"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Short and long term forecasting</span><br></h3></div>
<div data-element-id="elm_JWN733sGncW9xh_fpzAM3Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_JWN733sGncW9xh_fpzAM3Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Usually, forecasts are done for 1 year to 5 years. If you require forecasts for varied durations, choose software that is flexible with time. That way, you can input the duration to get an accurate forecast.&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_fRvdx4_iG1XB0GLLEvOedA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_fRvdx4_iG1XB0GLLEvOedA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Global reporting</span><br></h3></div>
<div data-element-id="elm_o_kanITrDERmxcYZALZL0Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_o_kanITrDERmxcYZALZL0Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">If you are thinking about international investment, you should choose software that can deliver global results. You should be able to switch between regions and currencies before making a forecast.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_K1mJoJg80LA4AvoA7lDO5g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_K1mJoJg80LA4AvoA7lDO5g"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Investment planning</span><br></h3></div>
<div data-element-id="elm_LoaYASzr5RVKnwIe0HIUQw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_LoaYASzr5RVKnwIe0HIUQw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Based on the forecast, the software should plan your ROI on various investments. It should also give you valuable insights on the right areas for investment as well as the upcoming trends.&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_K4G9axcId15CtJCE5Zk-EA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_K4G9axcId15CtJCE5Zk-EA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Integration with other tools&nbsp;</span><br></h3></div>
<div data-element-id="elm_NY_L0Lr9a6-XG5XDd_W9-Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_NY_L0Lr9a6-XG5XDd_W9-Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">If you use multiple software for other processes, you should focus on the integration of your budgeting and forecasting software. The integration allows your other tools to utilize data from your budgeting software directly. This ensures seamless workflow and increased efficiency.&nbsp;&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_I5vlR98FKcBG5MG9mDHOQA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_I5vlR98FKcBG5MG9mDHOQA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Dashboard</span><br></h3></div>
<div data-element-id="elm_0xXcJzIZVwH6KPNzaxxlkA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_0xXcJzIZVwH6KPNzaxxlkA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">A dashboard comes in handy if you want to view all your generated reports. It also provides some key insights into your activity. A dashboard helps you manage your budgeting and forecasting data within the app. It also lets you view, forecast, and delete any reports.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_XYOf4TFnqtxLSbJZ5uK-4w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_XYOf4TFnqtxLSbJZ5uK-4w"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Support and troubleshooting</span><br></h3></div>
<div data-element-id="elm_VSxC7cDZH-CP86_Jtvnf7w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_VSxC7cDZH-CP86_Jtvnf7w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Make sure that a dedicated support team is available for the software you choose. If you ever face problems with the forecasting software, the team should be ready to look after the issue for you. They should also notify and guide you through any new updates.&nbsp;&nbsp;</span><span style="font-size:11pt;">&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_JrUHpIs5uuBBJN4_Dd9caA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_JrUHpIs5uuBBJN4_Dd9caA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Cloud-based storage</span><br></h3></div>
<div data-element-id="elm_YcdOeApvuekiONAOExCtTA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_YcdOeApvuekiONAOExCtTA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Cloud storage is popular for a number of reasons. Since budgeting and forecasting uses a lot of data, it is safe to store it on the cloud. That way, it will be more secure and you will always be able to recover data.&nbsp;&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_bwwmyobU9cVarflNCilXMw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_bwwmyobU9cVarflNCilXMw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Our recommended real estate budgeting and forecasting software</span><br></h2></div>
<div data-element-id="elm_n3YIEWq8t-KNv25_V_qgTw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_n3YIEWq8t-KNv25_V_qgTw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Yardi advanced budgeting and forecasting&nbsp;</span><br></h3></div>
<div data-element-id="elm_iT7ZtOI5CBQSHUxPFE5AMQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_iT7ZtOI5CBQSHUxPFE5AMQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">This software by Yardi delivers accurate budgets quickly. The features include budgeting, flexible modeling, real-time valuations, and much more. It allows you to reforecast according to your data input.&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_EfzJYxco7wGjrcTOLn8_EA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_EfzJYxco7wGjrcTOLn8_EA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">MRI's budgeting and forecasting software</span><br></h3></div>
<div data-element-id="elm_2V2nYlc8kzJ7oPaD3yztUA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_2V2nYlc8kzJ7oPaD3yztUA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">This software is built to make budgeting more efficient for property managers and investors. Some of the features are centralized budgeting, configurable leasing assumptions, access to data, and a simple user interface.&nbsp;</span></span><br></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_OfZ_EEkvLRxcfmzR_aeRjA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_OfZ_EEkvLRxcfmzR_aeRjA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Get the best out of technology through Assetsoft</span><br></h2></div>
<div data-element-id="elm_N0VgU0AmZ00ylChTmb0bjQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_N0VgU0AmZ00ylChTmb0bjQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Budgeting and Forecasting are the financial backbones of a real estate business. At Assetsoft, we assist you in every step like planning, strategy, and operation. From tech advisory to implementation, we do it all.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Through software like Yardi and MRI, we help you make the best out of technology. We can suggest the right software by understanding your requirements. We can also integrate your tools, check-up existing software and provide training for your staff. For any property management software requirements, reach out to us!&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Book a free consultation now!&nbsp;&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 28 Jun 2021 08:00:01 -0500</pubDate></item><item><title><![CDATA[Can You Use Big Data To Predict Real Estate Prices After The Pandemic? ]]></title><link>https://www.assetsoft.biz/blogs/post/can-you-use-big-data-to-predict-real-estate-prices-after-the-pandemic</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Can you use Big Data to predict real estate prices after the pandemic - Squr.png"/>Big data is one of the most important trends around the globe today, and real estate isn’t the exception. One of the main benefits of this concept is ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_qqhhF4p1SkiRJvQ7ow13Uw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_yUlVNnDMTmCnMSpBQEyv4A" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_-48tDMVZRmyswEBbECen0A" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_FlBRStEuR6xgUcfywrUjTQ" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_FlBRStEuR6xgUcfywrUjTQ"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } [data-element-id="elm_FlBRStEuR6xgUcfywrUjTQ"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Can%20you%20use%20Big%20Data%20to%20predict%20real%20estate%20prices%20after%20the%20pandemic%20-%20rect.png" size="large" alt="Can You Use Big Data To Predict Real Estate Prices After The Pandemic? " data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_OpWAKO0vRteCe3478QnkkA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_OpWAKO0vRteCe3478QnkkA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data is one of the most important trends around the globe today, and real estate isn’t the exception. One of the main benefits of this concept is its benefits for forecasting.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">But can it predict where prices will be going for real estate after the COVID-19 crisis? That's what we'll find out today.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Before we begin, do remember that proper budgeting and forecasting is a vital skill for any company.&nbsp;</span><a href="https://www.assetsoft.biz/budgeting-and-forecasting" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">Hiring a professional service</span></span></a><span style="font-size:11pt;">&nbsp;can prove a crucial advantage during recovery.&nbsp;</span></p></div></div>
</div><div data-element-id="elm_vfjgbI9oT02sxBWKz7KZmQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_vfjgbI9oT02sxBWKz7KZmQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">Big data was already famous for price forecasting&nbsp;</span><br/></h2></div>
<div data-element-id="elm_UqJZhiRe6MdoycwIAH3vZQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_UqJZhiRe6MdoycwIAH3vZQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data implementation in price forecasting isn’t new. It was already growing in popularity nearly a decade ago.&nbsp;</span><a href="https://medium.com/the-physics-of-finance/can-big-data-predict-stock-price-movements-99962e4579c7" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">This 2014 article from Medium</span></a><span style="font-size:11pt;">, focused on Google trends, proves it.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Interestingly, the report talked mainly about how big data's fast information delivery. Back then, the central thesis was whether big data could be helpful for price prediction. Today, it's a common element in the said strategy.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">SmartData Collective also has a great look into&nbsp;</span><a href="https://www.smartdatacollective.com/3-ways-predictive-analytics-big-data-help-forex-brokers/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">big data analytics and its implementation in Forex trading</span></span></a><span style="font-size:11pt;">. Since trading is mainly dependent on price prediction, understanding its usefulness is vital for understanding why it's advantageous for real estate forecasting.&nbsp;</span></p></div></div></div>
</div></div><div data-element-id="elm_ZSTssOR297v0xWV3J6AUsQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- zpdefault-section zpdefault-section-bg "><style type="text/css"> [data-element-id="elm_ZSTssOR297v0xWV3J6AUsQ"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_vYNu6VZ8jC2k0yr0Nn4xsg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_vYNu6VZ8jC2k0yr0Nn4xsg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Results are quick&nbsp;</span><br/></h2></div>
<div data-element-id="elm_rj56ntU7UZAc6TgR1NzBCQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_rj56ntU7UZAc6TgR1NzBCQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Big data communicates gigantic amounts of information in seconds. That means investors and analysts have real-time access to current information. Predictive analysis benefits considerably from this advantage since it lets companies instantly access this content.&nbsp;</span></span><br/></p></div></div></div>
</div><div data-element-id="elm_I5k7nxu5dOOKRy_CH0Xiqg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_I5k7nxu5dOOKRy_CH0Xiqg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">It paints the full picture&nbsp;</span><br/></h2></div>
<div data-element-id="elm_ae5DNrutDsOrDUqrwq8_3w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ae5DNrutDsOrDUqrwq8_3w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Price isn’t solely defined by initial investments and even consumers’ wishes. Multiple variables make up the environment dictating price swings. The pandemic is an excellent example, and big data enables investors to understand everything that could influence price changes.&nbsp;</span></span><br/></p></div></div></div>
</div><div data-element-id="elm_KDzD2JYGmyvCZCesD8e6CQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_KDzD2JYGmyvCZCesD8e6CQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:14pt;"><span style="font-size:21px;">It eliminates human error</span>&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_RQT7bJq5u6npG5c9KC5xGw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RQT7bJq5u6npG5c9KC5xGw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Big data also removes all emotional elements behind the information received. Market panic can stem from political turmoil, fake news, and emergencies, such as COVID-19. Big data analysis enables investors to distance their feelings from the numbers since it deals solely with statistics.&nbsp;</span></span><br/></p></div></div></div>
</div><div data-element-id="elm_K44weGjaLhhSLs_Vn5GX3Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_K44weGjaLhhSLs_Vn5GX3Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">Big data’s utility in predictive analysis&nbsp;</span><br/></h2></div>
<div data-element-id="elm__W7k9CA6XK9UW2x_3Xm1ig" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm__W7k9CA6XK9UW2x_3Xm1ig"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Fast forward until today, and you’ll see that big data is&nbsp;</span><a href="https://theceoviews.com/how-big-data-and-predictive-analysis-impact-sales-growth/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">a common aspect of decision-making in business</span></span></a><span style="font-size:11pt;">. In that linked article, The CEO Views goes through how big data can benefit eCommerce ventures.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">We already analyzed the &quot;trading perspective,&quot; but studying different industries' uses of this concept allows us to assess possible implementations in real estate. Predictive analyses focused on sales growth are pretty similar to their use in price prediction.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_5bfjnNDfcWWc8iokWPQsdQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_5bfjnNDfcWWc8iokWPQsdQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:14pt;"><span style="font-size:21px;">Trend prediction</span>&nbsp;</span></span><br/></h3></div>
<div data-element-id="elm_edulGTqPe2jkrUaUsMuliw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_edulGTqPe2jkrUaUsMuliw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Market trends are a significant influence on prices. People's preferences change with time, and these interest shifts benefit specific markets over others. Big data sources can identify the onset of these developments. Investors can take advantage of trends earlier.&nbsp;</span></span><br/></p></div></div></div></div>
</div><div data-element-id="elm_VGBUYlOja0AqJI1zm2ETnw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_VGBUYlOja0AqJI1zm2ETnw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:14pt;"><span style="font-size:21px;">Analyzing specific audience reaction</span>&nbsp;</span></span><br/></h3></div>
<div data-element-id="elm_pJQlQCWRYeDOs7Uppk1AKA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_pJQlQCWRYeDOs7Uppk1AKA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Deciding on suitable investments requires assessing how a company's audience can respond to specific assets. Big data analysis lets investors assess their clientele's preferences so that they can adjust their investments according to what will perform better.&nbsp;</span></span><br/></p></div></div></div></div>
</div><div data-element-id="elm_WPrM6L3tCZLhZbhYJK6JjA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_WPrM6L3tCZLhZbhYJK6JjA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:14pt;"><span style="font-size:21px;">Studying customer behavior during purchase</span>&nbsp;</span></span><br/></h3></div>
<div data-element-id="elm_LRJpVV_NLjaJ75AzMBjxNw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_LRJpVV_NLjaJ75AzMBjxNw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">People can make last-moment decisions while they’re buying. They might opt to invest in something else, cancel their purchase, or even end their relationship with the company. Big data analysis considers these behaviors, letting property managers find the most valuable clients.&nbsp;</span></span><br/></p></div></div></div></div>
</div><div data-element-id="elm_oRKmEknYtH1c9wTJ3I15vQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_oRKmEknYtH1c9wTJ3I15vQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Assessing market approach&nbsp;</span><br/></h3></div>
<div data-element-id="elm_LVsC06QwRt3lfbLqVUvF6w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_LVsC06QwRt3lfbLqVUvF6w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Finally, big data provides crucial information about what a company’s competitors are doing. That includes marketing practices and investment preferences. Instant access to competitors’ prices and investments is a considerable edge when deciding the next moves.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_WxYMI64rbrMjCGm2KnJRuw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_WxYMI64rbrMjCGm2KnJRuw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;"><span style="font-size:26px;">Traditional price forecasting in real estate</span>&nbsp;</span></span><br/></h2></div>
<div data-element-id="elm_eobBWZdKwo9yYad4oXe1bw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_eobBWZdKwo9yYad4oXe1bw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Real estate predictability has been the main focus&nbsp;</span><a href="https://rady.ucsd.edu/faculty/directory/valkanov/pub/docs/HandRE_GPTV.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">of many studies</span></span></a><span style="font-size:11pt;">. One of the most critical observations from that study touches on the serial correlation between real estate price changes.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">In other words, understanding historical price swings in different asset types enables analysts to assess how these could play into future prices. Estimating previous situations and their outcomes make it simpler to evaluate possible outcomes once the market reaches similar contexts.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_I68sTypDonWSo4oe852YKA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_I68sTypDonWSo4oe852YKA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Serial correlation in real estate returns&nbsp;</span><br/></h3></div>
<div data-element-id="elm_IZxkumc6MoXfk6danZOsIA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_IZxkumc6MoXfk6danZOsIA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Serial price correlation refers to how historical price changes influence future swings. Real estate returns show a positive serial correlation. However, the evidence is still vague about whether said predictability is reliable enough to benefit decision-making.&nbsp;</span></span><br/></p></div></div></div></div></div></div>
</div><div data-element-id="elm_hUE4FYO0BggpqL4rjJQ01A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_hUE4FYO0BggpqL4rjJQ01A"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Valuation ratios&nbsp;</span><br/></h3></div>
<div data-element-id="elm_nowm7o1KMrg79LbohBwEfg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_nowm7o1KMrg79LbohBwEfg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Valuation ratios, including dividend-price and earning-price, have been traditional signs of possible equity returns. Naturally, determining an asset's returns—and whether they're positive or negative—helps predict if comparable prices are feasible in the future.&nbsp;</span></span><br/></p></div></div></div></div></div></div>
</div><div data-element-id="elm_DDWw7svorwjzpyTnC-Ghcw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_DDWw7svorwjzpyTnC-Ghcw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Economic variables&nbsp;</span><br/></h3></div>
<div data-element-id="elm_4_asarKkDifvexf26UjYww" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_4_asarKkDifvexf26UjYww"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Finally, the environment around an investment opportunity plays a prominent role in said investment's potential returns. Again, the pandemic and response measures have been perfect examples of how economic variables can influence property prices.&nbsp;</span></span><br/></p></div></div></div></div></div></div>
</div><div data-element-id="elm_Aytbq46Kxp_qQFAa-z3kBg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Aytbq46Kxp_qQFAa-z3kBg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">Big data’s role during COVID-19&nbsp;</span><br/></h2></div>
<div data-element-id="elm__Yh2D1-WmXICtyys-pwBJQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm__Yh2D1-WmXICtyys-pwBJQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">One of the reasons why big data became so popular during the pandemic is how vital it was for comprehending and responding to the crisis.&nbsp;</span><a href="https://www.forbes.com/sites/ciocentral/2020/03/30/big-data-in-the-time-of-coronavirus-covid-19/?sh=4181742e58fc" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">This article from Forbes</span></span></a><span style="font-size:11pt;">&nbsp;goes through how healthcare institutions relied on big data to define response strategies.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The interview goes through the concept's usefulness for epidemiological analysis. It granted experts access to extensive epidemiological data, including populations, risks, and possible developments as the virus spread and evolved.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_s_DMNj8fuoY_CjfurBJPrQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_s_DMNj8fuoY_CjfurBJPrQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">The medical side of big data implementation&nbsp;</span><br/></h3></div>
<div data-element-id="elm_c8vcXAdngS3kfgof4GfQLw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_c8vcXAdngS3kfgof4GfQLw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data enabled healthcare institutions to make informed decisions regarding which measures could yield better results.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Real-time trackers and multiple data sources were decisive factors during the pandemic. Just like with other industries, public healthcare is continuously relying more on big data.&nbsp;</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_TymyAUFlX4cynn0fSl9KSw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_TymyAUFlX4cynn0fSl9KSw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">What does this mean for real estate forecasting?&nbsp;</span><br/></h3></div>
<div data-element-id="elm_JSH0Gxs8i7AABtN7Uilttw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_JSH0Gxs8i7AABtN7Uilttw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The same data used by public healthcare in response to the COVID-19 pandemic is available for real estate analysts. All these sources can prove a vital ally during recovery.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">This information is vital for real estate companies when adapting their investments to market developments during 2021.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_YnXm4_V9cqMX-mmWmtTrEw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_YnXm4_V9cqMX-mmWmtTrEw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">Big data’s usefulness in post-pandemic forecasting&nbsp;</span><br/></h2></div>
<div data-element-id="elm_G6nMcPh67Pe9P_qEeBMJMA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_G6nMcPh67Pe9P_qEeBMJMA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The pandemic was a disaster for the entire world, but it might not be as disastrous as similar recessions in the past. Big data is one of the main elements responsible for that.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">As we detailed, big data played a vital role in reducing the damage done by the crisis. However,&nbsp;</span><a href="https://www.intheblack.com/articles/2020/08/01/big-data-post-pandemic-roadmap" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">it also goes beyond that</span></span></a><span style="font-size:11pt;">. Big data will be a crucial ally for every government and company looking to develop a recovery roadmap after the pandemic subsides.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_7oJfh1QCC367ceTSV7hkcA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_7oJfh1QCC367ceTSV7hkcA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Revenue&nbsp;</span><br/></h3></div>
<div data-element-id="elm_hut_3jURFsgicJgXZ_7lZg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_hut_3jURFsgicJgXZ_7lZg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Projecting investment revenue is the main attraction behind big data for many companies. Analysts can check their current and possible revenue streams to find the best opportunities and optimize their income depending on market changes.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_q6233qLG-oe3djY1gb2k5w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_q6233qLG-oe3djY1gb2k5w"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Sales&nbsp;</span><br/></h3></div>
<div data-element-id="elm_FwNOjicyX3dUk5rFrvY5ZA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_FwNOjicyX3dUk5rFrvY5ZA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Predicting what customers may prefer in the future is crucial for assessing which investments are more promising after the pandemic. Big data allows companies to gather information from millions of sources instead of individual markets.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_LaObb2z3FJtbdvTMQwkN8A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_LaObb2z3FJtbdvTMQwkN8A"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Supply Chain</span><br/></h3></div>
<div data-element-id="elm_ArqFwUUkh-Tsr4fCQQkfQw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ArqFwUUkh-Tsr4fCQQkfQw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Short-term and global trade information is another advantage of big data analysis. For real estate prices, it's particularly beneficial for commercial real estate. It's easy to assess the best properties based on their supply route proximity.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_GZ7o_cNQVvyLzFs3dx9nsw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_GZ7o_cNQVvyLzFs3dx9nsw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Workplaces</span><br/></h3></div>
<div data-element-id="elm_Tb3Ec6sPMprnp1A8RMc4aA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Tb3Ec6sPMprnp1A8RMc4aA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Company employees also provide plenty of data that are useful for operational optimization. Email traffic, the mobile device uses, sick leaves, and log times provide unique insight on how companies can improve their efficiency.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_DZipNXz6C_u0lPk9cJI6gA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_DZipNXz6C_u0lPk9cJI6gA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Customer relationship&nbsp;</span><br/></h3></div>
<div data-element-id="elm_lwqHONWRHCDDTLleUSYYnQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_lwqHONWRHCDDTLleUSYYnQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Finally, companies can assess their relationship with their customers and tenants. That includes assessing high-value customers, like business tenants from flourishing industries. During recovery, this information makes a huge difference when evaluating property lease opportunities.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_U0ArqXOsg6_1ms5innhNaA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_U0ArqXOsg6_1ms5innhNaA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:26px;">How can you take advantage of big data in your company?&nbsp;</span><br/></h2></div>
<div data-element-id="elm_ncDRfVdHehE_QbHo-vwcjg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ncDRfVdHehE_QbHo-vwcjg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Working with big data can be complicated if your resources aren’t used to it. That’s why you should consider&nbsp;</span><a href="https://www.assetsoft.biz/project-management" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">hiring expert project management services</span></span></a><span style="font-size:11pt;">&nbsp;to aid you. It’ll help you develop more robust strategies to handle the recovery period starting this year.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">However, NewGenApps has five excellent&nbsp;</span><span style="font-size:11pt;">tips for using big data to optimize prices</span><span style="font-size:11pt;">. Do remember that price optimization depends mainly on market forecasting. Let's see how their tips can teach us something about big data in price prediction.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_T1SsyiuRIC96W3YzGspXEQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_T1SsyiuRIC96W3YzGspXEQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">1. Recognize data volumes</span><br/></h3></div>
<div data-element-id="elm__GpK7LnDktbrl6KgJfz32A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm__GpK7LnDktbrl6KgJfz32A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Companies and markets never run out of up-to-date data. Every transaction and development produces unique insight into how different markets are performing. Focusing on suitable data sources for specific purposes is part of the efficient analysis.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_WztL4VVbswD5wZirkyA6Mw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_WztL4VVbswD5wZirkyA6Mw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">2.&nbsp;</span><span style="font-size:21px;">Focus on specific assets&nbsp;</span><br/></h3></div>
<div data-element-id="elm_ZnJffYV6EUVTvDZ19TEdKg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ZnJffYV6EUVTvDZ19TEdKg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Analysts can segment big data according to specific markets and property types they wish to evaluate. This approach allows them to filter irrelevant information for specific investments, like user interest and conditions from unrelated locations.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_XW6ynm04sOU-MDRrN6eokA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_XW6ynm04sOU-MDRrN6eokA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">3.&nbsp;</span><span style="font-size:21px;">Segment products accordingly&nbsp;</span><br/></h3></div>
<div data-element-id="elm_KFFq-714osp6bx_rsgqYTg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_KFFq-714osp6bx_rsgqYTg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Product pricing depends on multiple factors, like geography, surrounding areas, and more. Big data analytics lets users identify specific information related to particular product categories. That allows companies to divert their investments and marketing strategies to specific consumer behavior patterns.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_7XAZSQfJ6qwAQdprn1T8QQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_7XAZSQfJ6qwAQdprn1T8QQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">4.&nbsp;</span><span style="font-size:21px;">Stock clearance and margin maximization&nbsp;</span><br/></h3></div>
<div data-element-id="elm_z-VDgYpEueVSW_tLUk-qgA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_z-VDgYpEueVSW_tLUk-qgA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Inventory management is a primary challenge for many property managers. Big data allows companies to study how their competitors and similar offerings are performing. That enables firms to adjust their prices according to what's working in the market.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_30adcN-4D4qrXM3GglROSQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_30adcN-4D4qrXM3GglROSQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">5. Cost Reduction</span><br/></h3></div>
<div data-element-id="elm_3tJ1bR2lsywoXNcXX7RNaw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_3tJ1bR2lsywoXNcXX7RNaw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Finally, the quantity of data available lets companies finds the information they need to optimize operations. This benefit lets them improve profitability and allocate resources where they're more necessary. The result is better cost management and reduction.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 22 Mar 2021 08:00:00 -0500</pubDate></item><item><title><![CDATA[Top Big Data Applications In Real Estate Analysis ]]></title><link>https://www.assetsoft.biz/blogs/post/top-big-data-applications-in-real-estate-analysis</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Top Big Data applications in real estate analysis - squr.png"/>Big data is one of those standard terms almost everyone has heard lately. It's often taken for granted, but big data offers unique advantages to any c ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_1TobVscGR8qbZG_V7KuHKw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_LzoCsTutTraE0qlccltwpw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_WObgmNdCR5iYEXLKVZ8y_w" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_WObgmNdCR5iYEXLKVZ8y_w"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_RyUQ8MSGJOKg66xNNaISuw" data-element-type="image" class="zpelement zpelem-image "><style> [data-element-id="elm_RyUQ8MSGJOKg66xNNaISuw"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Top%20Big%20Data%20applications%20in%20real%20estate%20analysis%20-%20Rect.png" size="large" alt="Top Big Data Applications In Real Estate Analysis " data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_d3AmdvpZSwSNx6XxyQFVlw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_d3AmdvpZSwSNx6XxyQFVlw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data is one of those standard terms almost everyone has heard lately. It's often taken for granted, but big data offers unique advantages to any company that knows how to implement and leverage this technology.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">For real estate, big data is a crucial advantage. The industry produces significant amounts of data every day. That includes lease conditions, property values, transactions, tenant profiles, and more. Using all this information properly is a critical competitive edge for anyone.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">For real estate analysis, big data is even more critical. It allows property managers to assess property values to determine which investments are worthwhile.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">How are expert analysts leveraging this concept? That’s our topic for today.&nbsp;</span></p></div></div>
</div><div data-element-id="elm_6hzV6Hz2RMKRsZI8vsdjeA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_6hzV6Hz2RMKRsZI8vsdjeA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">An overview of big data: Its functionality and relevance&nbsp;</span><br></h2></div>
<div data-element-id="elm_RypOk6IzdSvgFu8HZgIvXg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RypOk6IzdSvgFu8HZgIvXg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data is a relatively simple concept: it refers to prominent volumes of data, regardless of the nature of said data. The main difference it has with traditional data analysis is that the volumes are too large for the same techniques.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data is forecast to grow considerably this decade. It has become a necessity for numerous sectors. Its worldwide revenue is only expected to&nbsp;</span><a href="https://www.statista.com/statistics/254266/global-big-data-market-forecast/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">increase in the coming years</span></span></a><span style="font-size:11pt;">.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_SOERoPStZgIksfg1dj5cCw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_SOERoPStZgIksfg1dj5cCw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">Why is it becoming crucial?&nbsp;</span><br></h2></div>
<div data-element-id="elm_d0QtwObRPCf3IiWlNS7HUQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_d0QtwObRPCf3IiWlNS7HUQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Today, most real estate software depends extensively on big data. The amount of information available is quickly becoming more than a competitive edge. As extensive data analysis becomes more popular, it's starting to turn into the standard.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The value provided by big data is too great for anyone to neglect. In the future, extensive data analysis will be more than an advantage. Companies that fail to implement this strategy are self-imposing a significant handicap.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_aV_lAZsblVnidpAWkSNobg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_aV_lAZsblVnidpAWkSNobg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">How can companies benefit from big data?&nbsp;</span><br></h2></div>
<div data-element-id="elm_Ih2V3aa__Q8ruN6sojiNRw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Ih2V3aa__Q8ruN6sojiNRw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data helps companies reduce operational expenses. Cloud-based data analysis technology offers considerable value for affordable prices. It also enables your company to be more profitable by allowing for better and faster decision-making.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">It also makes room for advanced technology developments. Modern property management software benefits greatly from big data. It allows companies to assess customer needs and how to offer more enticing products and services.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_WUhXssHUSsxeUxkeiAJwrQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_WUhXssHUSsxeUxkeiAJwrQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Real estate analysis and big data: What’s the relationship?&nbsp;</span><br></h2></div>
<div data-element-id="elm_Ko2gT-m88NODwwrVqVfJUQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Ko2gT-m88NODwwrVqVfJUQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Today, real estate companies are taking advantage of big data, even if it’s simple. Data analysis&nbsp;</span><a href="https://www.getsmarter.com/blog/career-advice/how-big-data-helps-in-real-estate-analysis/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">has become the standard for decision-making</span></a><span style="font-size:11pt;">, ridding investors from needing to rely on their instinct.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Real estate integrates extensive data analysis to ensure property investments can yield returns. Naturally, this means understanding the market and its consumers. Big data enables property managers to tailor their offers to what their audience requires right now.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_KJv97i0owc1CaobBK-1onQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_KJv97i0owc1CaobBK-1onQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Assessing investments&nbsp;</span><br></h2></div>
<div data-element-id="elm_BPW9l6vEliNohiRqfFSQ6A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_BPW9l6vEliNohiRqfFSQ6A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The primary use of big data in real estate analysis is to determine whether an investment can be profitable. The predictive analysis aids companies in assessing and minimize risks before making a considerable investment.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data offers accurate insight on locations, demographics, demand, and even structural conditions for many properties. This information is crucial for any investor looking for effective investments.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_pqrwQVqK4b8Wj10Vbx9YJA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_pqrwQVqK4b8Wj10Vbx9YJA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">More efficient evaluation&nbsp;</span><br></h2></div>
<div data-element-id="elm_fAMPR5D6CBInt4EfmkGJ-A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_fAMPR5D6CBInt4EfmkGJ-A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Similarly, big data ensures companies can evaluate the market a lot more precisely. This information allows for better property evaluations. Investors can set better prices for their assets, and the market can use the same information to adjust its offers.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">It’s also easier to calculate possible losses and loans. Companies also gain more information for their property appraisals. Proper valuation requires different points of view, and big data provides all the information required.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_s2LmhLJguMvd-CsMlVYHQw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_s2LmhLJguMvd-CsMlVYHQw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Detailed market insight&nbsp;</span><br></h2></div>
<div data-element-id="elm_5Yh6l-xrVzVjN6TmGsFhsw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_5Yh6l-xrVzVjN6TmGsFhsw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Finally, companies can use big data to understand their customers’ needs. Predictive analysis using big data offers the best accuracy for assessing customer demands and a company’s audience.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">As such, it also helps extensively with marketing. Big data is excellent for assessing consumer trends with utmost accuracy. It also sources social media information, which provides companies with extensive information, like age, genders, regions, and personal interests.&nbsp;</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_JW-ZfzlOWS7vUlsZ33Bp0w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_JW-ZfzlOWS7vUlsZ33Bp0w"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">How is real estate analysis implementing big data today?&nbsp;</span><br></h2></div>
<div data-element-id="elm_12V0KrqbsIEsSg66Hry43w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_12V0KrqbsIEsSg66Hry43w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Extensive data analysis and manipulation has been a significant transformation driver for real estate. The concept has given way to specialized software solely dedicated to analyzing these amounts of information. That includes studying customer behavior.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">This technology has advanced quickly in the real estate sector. While it still has a lot of promise for the future, many real estate firms<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://codeburst.io/big-data-applications-in-real-estate-analysis-502accc54dc8" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">are currently implementing big data</span></span></a><span style="font-size:11pt;">&nbsp;as the center of their operations.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Let’s go through the most popular uses of big data in the real estate sector.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_uzkHstIbsQk6Jy8u2L-xWw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_uzkHstIbsQk6Jy8u2L-xWw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">1.&nbsp;</span><span style="font-size:21px;">Forecasting and risk mitigation&nbsp;</span><br></h2></div>
<div data-element-id="elm_jch1-bAU5F_Z_WUnK5hVVQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_jch1-bAU5F_Z_WUnK5hVVQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Risk mitigation is one of the most prominent uses of big data. Open data availability allows companies to access all the information they need for correct decisions.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">It also allows for valuation automation for estimating property values. Big data helps generate accurate forecasts.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_H00QQ35wPxK1zZSNU5JRng" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_H00QQ35wPxK1zZSNU5JRng"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">2.&nbsp;</span><span style="font-size:21px;">Artificial intelligence&nbsp;</span><br></h2></div>
<div data-element-id="elm_QMlgmeeTmR76mAAsAJnIlA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_QMlgmeeTmR76mAAsAJnIlA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Artificial intelligence is also growing in the real estate market. It's excellent for eliminating human error during decision-making and market analysis.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data enables AI to access more information with which to work. Combining the two allows companies to automate information delivery regarding transactions and current market trends.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_L1Ip2DgNynLszcgNPQOanA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_L1Ip2DgNynLszcgNPQOanA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">3. Online agencies&nbsp;</span><br></h2></div>
<div data-element-id="elm_rmIUCvZS1HBL7c0eXEJv6g" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_rmIUCvZS1HBL7c0eXEJv6g"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Online real estate agencies are also becoming quite popular, especially amid the pandemic. These companies use public data to estimate property worth and market trends.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data allows these companies to streamline their services. Rent estimates, forecasting, and content delivery become more accessible and more accurate with proper implementation.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_RaqLBo_pn1WyKVs1RcYSGg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_RaqLBo_pn1WyKVs1RcYSGg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">4. Big data tools</span><br></h2></div>
<div data-element-id="elm_8suDrqBdf1Mus892fiJ2YQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_8suDrqBdf1Mus892fiJ2YQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">As we’ve mentioned, big data has opened the doors to apps dedicated entirely to analyzing and implementing this information.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Today, even property management and CRM software integrate extensive data analysis. Digital marketing platforms also depend considerably on big data.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_UzrSrUxhwXmxJoJkZH2Igg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_UzrSrUxhwXmxJoJkZH2Igg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">5.&nbsp;</span><span style="font-size:21px;">Data analysis&nbsp;</span><br></h2></div>
<div data-element-id="elm_u1DtfKA_f0jB4_riQYZB0A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_u1DtfKA_f0jB4_riQYZB0A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Naturally, data analysis is now primarily focused on big data. Large amounts of data grant more variables and information to work with.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">That means that forecasting, budgeting, assessing investments, charting, and more are noticeably more accurate. Data analysis apps let you create and export in-depth reports for sharing with relevant investors.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_yZoP2iYhvVS4K6FBuwKA_Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_yZoP2iYhvVS4K6FBuwKA_Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">6.&nbsp;</span><span style="font-size:21px;">Property analysis</span><br></h2></div>
<div data-element-id="elm_GRyZgR54s-432u-TUVhTLQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_GRyZgR54s-432u-TUVhTLQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><p class="Paragraph SCXW17761394 BCX0" style="vertical-align:baseline;background-color:transparent;"><span style="font-size:14px;"><span class="TextRun SCXW17761394 BCX0" style="line-height:18.4px;">Big data lets firms connect their available properties with ideal customers, thanks to extensive demographics.</span><span class="EOP SCXW17761394 BCX0" style="line-height:18.4px;">&nbsp;</span></span></p></div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><p class="Paragraph SCXW17761394 BCX0" style="vertical-align:baseline;background-color:transparent;"><span style="font-size:14px;"><span class="TextRun SCXW17761394 BCX0" style="line-height:18.4px;"><span class="NormalTextRun SCXW17761394 BCX0" style="background-color:inherit;"></span></span><span class="EOP SCXW17761394 BCX0" style="line-height:18.4px;">&nbsp;</span></span></p></div><div class="OutlineElement Ltr BCX0 SCXW17761394" style="overflow:visible;clear:both;direction:ltr;"><p class="Paragraph SCXW17761394 BCX0" style="vertical-align:baseline;background-color:transparent;"><span class="TextRun SCXW17761394 BCX0 " style="font-size:14px;line-height:18.4px;">Property managers can evaluate property vacancies, nearby traffic, neighborhood qualities, and surrounding population. That means offering all the details necessary for consumers to choose the right property.</span><span class="EOP SCXW17761394 BCX0" style="color:windowtext;font-size:11pt;line-height:18.4px;">&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_U3uknxLMET4H4t7eRqjApQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_U3uknxLMET4H4t7eRqjApQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">7.&nbsp;</span><span style="font-size:21px;">Criminality indexes</span><br></h2></div>
<div data-element-id="elm_a8TbcSwnrZ9v0L-hVCp8Bg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_a8TbcSwnrZ9v0L-hVCp8Bg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Security departments and services around the world already implement big data to track criminality. Today, real estate companies can use the same data to find suitable properties.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p class="Paragraph SCXW17761394 BCX0" style="vertical-align:baseline;background-color:transparent;"><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">It’s also excellent for providing transparency to your customers regarding a property’s risks. Any investor can check the criminality rates around any property that catches their eye.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_Cd68hEeVJ86VLRlYYUs79A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Cd68hEeVJ86VLRlYYUs79A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">8.&nbsp;</span><span style="font-size:21px;">Education levels</span><br></h2></div>
<div data-element-id="elm_XX-dvGfTpnz6XDhAP2lNoA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_XX-dvGfTpnz6XDhAP2lNoA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Resident education level is a crucial consideration when screening possible tenants. Big data apps enable companies to collect all the relevant data about someone’s background.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Significant data sources often include specific locations for someone's education. That means finding out which college they attended and the degree they received.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_6y_D-2PRHTsTc1CX22ZIJA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_6y_D-2PRHTsTc1CX22ZIJA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">9.&nbsp;</span><span style="font-size:21px;">Life quality assessment&nbsp;</span><br></h2></div>
<div data-element-id="elm_e325t9UCa04f_jbcu8rItw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_e325t9UCa04f_jbcu8rItw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Life quality in the area surrounding property is another crucial consideration before investing. Big data allows investors to find safe, clean, and healthy environments for buyers.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Life quality measurements come from crime rates, education quality, entertainment areas, weather, and food and healthcare supply.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_rMgDkKHXqoadxyIdOCgihQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_rMgDkKHXqoadxyIdOCgihQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">10.&nbsp;</span><span style="font-size:21px;">Pollution levels&nbsp;</span><br></h2></div>
<div data-element-id="elm_KgFjKd3KfEujZ6py1EbBPg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_KgFjKd3KfEujZ6py1EbBPg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Air pollution is also critical for many investors. It ties directly into life quality, especially for prospects suffering from allergies and similar conditions.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data also sheds light on different pollution sources around the properties. Additionally, it helps governments and other institutions in correcting these issues.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_wt3tjqdQz9k57t-Bk6fX4w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_wt3tjqdQz9k57t-Bk6fX4w"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">11.&nbsp;</span><span style="font-size:21px;"><span style="font-size:21px;">Measuring population growth&nbsp;</span>&nbsp;</span><br></h2></div>
<div data-element-id="elm_AL9XT_7iJJKuz6Q82wWqIQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_AL9XT_7iJJKuz6Q82wWqIQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Population growth is among the most critical metrics for real estate. After all, it's the primary demand source for both residential and commercial real estate.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data offers a fantastic insight into population sizes and growth forecasts in different markets. This information is particularly advantageous for long-term investments.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_APIxU1HAJkcz-THtIyqIRQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_APIxU1HAJkcz-THtIyqIRQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">12.&nbsp;</span><span style="font-size:21px;"><span><span style="font-size:21px;">Property valuation&nbsp;</span><span style="font-size:21px;">&nbsp;</span></span>&nbsp;</span><br></h2></div>
<div data-element-id="elm_3K3wX8dAt3yG-51p8m2yrA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_3K3wX8dAt3yG-51p8m2yrA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Assessing the market value for a property requires plenty of consideration. That includes the property’s status, amenities, and similar offers in the market.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data grants access to those variables, and it can do more than that. For instance, valuation automation is seamless with big data. It lets property managers and buyers find the best investment opportunities with minimal effort.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_sKPoix-ua2cst3uLc-jpsA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_sKPoix-ua2cst3uLc-jpsA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;"><span style="font-size:26px;">What does the future hold for big data?&nbsp;</span>&nbsp;</span><br></h2></div>
<div data-element-id="elm_XfE4SQAvpvd0TvCjn6iqjg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_XfE4SQAvpvd0TvCjn6iqjg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;background-color:rgb(255, 255, 255);"><div><div class="OutlineElement Ltr SCXW17761394 BCX0" style="overflow:visible;clear:both;direction:ltr;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Despite everything that big data has done for real estate, we can say it’s only the beginning. As more advanced software becomes available, the possibilities might seem endless for big data uses.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">For instance, house scouting and location intelligence is an exemplary implementation. Property managers can acquire and store location information from multiple properties. This approach would make it considerably easier to find and market properties.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Building management is another excellent example of big data implementation. The Internet of Things is one of the most exciting developments in real estate. Big data can make device integration a lot more effective.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Make sure to contact us if you want to&nbsp;</span><a href="https://www.assetsoft.biz/iot-for-real-estate" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">integrate your properties with the Internet of Things</span>&nbsp;</span></a><span style="font-size:11pt;">with professionals.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Finally, data democratization and transparency become noticeably simpler to provide. Companies can provide their customers with all the information they need to trust their offers. That includes extensive details behind sale or lease properties and anything the investor needs to know before choosing.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 17 Mar 2021 08:00:00 -0500</pubDate></item></channel></rss>