Want to make more informed, data-driven decisions for your real estate business? Learn how to leverage KPIs and keep track of your metrics in a way that's efficient and effective.
Overview
Syllabus
Introduction
- Getting started with real estate analytics
- Excel with KPIs
- Making data-informed decisions for your business
- Focusing on daily tasks and wins that contribute to your greater goal
- Tracking the numbers of offers on a given property of interest
- Following up on the leads you are pursuing
- Setting up a tracking system
- Comparing list price and offer price
- Figuring out your idle time and how to spend it in better areas
- Determining your projected budget
- Identifying opportunities for improvement
- Finding your dollars spent per week
- Working with contractors
- Questions to ask yourself in regard to listing
- Figuring out your ARV at purchase date vs. list date
- Comparing your days on market to the NAR average
- Projecting your ROI
- Determining revenue
- Determining your hold time
- Understanding performance
Taught by
WealthFit
