Real Estate Market Optimization

Home Real Estate Market Optimization

Subscribe on LinkedIn

Case Studies
Benji Parker, Consultant
18 April 2023

CLIENT SUCCESS STORY

Company Highlights

Sector: Housing, Retail, Hospitality, Commercial

Region: North America

Industry: Real Estate

Division: Sales and Operations

Solution Technologies: Qlik

Solution Product: Qlik Sense

Solution Service Type: Project

 

I N T R O D U C T I O N

At Pomerol Partners, we are committed to helping real estate professionals maximize the value of their data. For this full-service, American real estate brokerage, we leveraged Qlik’s technology, such as the Data Load Editor, to facilitate the seamless ingestion of diverse real estate data sources.

 

C H A L L E N G E

This business has served in the real estate industry for nearly 30 years with over 50,000 satisfied clients. They were facing challenges with their data quality as well as merging multiple data sources. Here are the key challenges facing them when we started the project:

  1. There were multiple data sources for operations, finance, and marketing, therefore making it difficult to build a holistic, unified view of the data. Additionally, there were issues with data quality, such as incomplete or inaccurate data.
  2. The presence of unstructured data provided via API with structured business data.
  3. Multiple geographical dimensions, such as DMAs, cities, counties, zip codes etc. which made it difficult to align in order to calculate important metrics such as Marketing ROI.
  4. Complex data visualizations needed that required specialized skills and expertise in data analysis and visualization tools

 

S O L U T I O N

We discussed each challenge facing this mature company and helped design the solutions:

  1. Separate business processes and systems for managing Leads, Appointments, Listings, and Closings make it difficult to report holistically on conversion and cycle time. We integrated the data behind these 4 parts of the process to enable true customer journey analysis.
  2. Marketing spend is often distributed wide across virtual and physical mediums, so how do you measure marketing ROI by office or sales territory? We aligned the operating geography of real estate offices, territories and regions with the marketing spend defined by DMA to create a true marketing ROI analysis, and allow action to be taken at the local level
  3. Our customized data visualization dashboards enabled our client to easily understand and interpret the data, making it easy to track performance, high costs, and make informed decisions. With this they were able to gain a competitive edge in the real estate industry by making data-driven decisions that drive their business success forward.

 

R E S U L T

Our solutions have enabled real estate companies to make more informed decisions, streamline processes, and optimize business operations, resulting in increased profitability and improved customer satisfaction. Our clients have expressed satisfaction with the positive impact our Qlik solutions have had on their business performance.

A B O U T  P O M E R O L

Pomerol Partners builds industry leading business-focused data solutions. We are not general technologists; we specialize in data and data-driven projects. We provide business value to our clients through simplifying data and making data actionable. Our consultants have helped hundreds of organizations, of all sizes and in all industries worldwide, make money. How do we do this? Leveraging your data to increase revenue, automate processes, decrease costs and understand your insights. Pomerol delivers value that helps you grow and change with better data-driven decisions and solutions that empower you as an Elite Qlik Partner as well as a Gold Data Platform Microsoft Partner. Our professional consultants, that reside in three countries (United States, United Kingdom and Portugal), are experts that will partner with you for the technical as well as business-oriented solutions. Working with the same team in all capacities ensures you always know where we stand with our work and commitment to you.

#Closings #Data Ingestion #Data Transformation #Data Visualization #DMAs #LEads #Listings #Marketing ROI #Pipeline #Qlik #Qlik Sense #Real Estate #US #USA

More Insights