Why does the Real Estate industry need data insights?

The real estate industry posses a humungous amount of data. Using analysis of data can provide several advantages to the realtors, investors and buyers. The insights generated from the data analysis can help the professionals reduce risk and get right information about the property, enables them faster decision making, improve the customer experience by understanding their needs, preference and personality. The realtors leverage data insights to create the marketing campaigns which is likely to conversion.

100%

Revenue increase by

5%

Increase in ROI by

2000 hours

Annual time savings

See how Real Estate industry projects
turned into success stories
Laura Pardoe

I hired a data analyst from Pangaea X to analyze and prepare a furnished report for the year. Amazing results!!! On time and very professional service. I’ll be hiring more often.

Laura Pardoe
Grow Agency
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Vital Real Estate industry skills involving data
Below are some niche skills required in the real estate industry
How Real Estate Data Analysis Transformed Brokerage Firms: A PangaeaX Case Study
Table of content Overcoming Data Analytics Challenges in Real Estate Brokerage Firms Data Analytics Challenges in Real Estate Analytics in […]
Increase in revenue by 100%
Savings of 1 FTE
Real Estate
A newly set up real estate brokerage firm had hired a team of real estate brokers. Now it was time to reach out to the customers. The team had enough connections to reach out to but that would run out at some point of time. The real estate brokerage was looking to attain more information on the leads.
Tools used: Mailparser, excel
Real estate firm
Overview A real estate firm not only sells houses to customers but also looks out for them in terms of […]
Increase in ROI by 5%
Process Automation – once for all
Real Estate
A real estate firm not only sells houses to customers but also looks out for them in terms of customer’s personality, if they will be happy with the new location, the financials, understanding the psychology of the customer, helping them through the bank payments etc.
Tools used: R, Excel
Real estate agency
Overview A real estate agency had at least 10 major clients who dealt with company accommodations in terms of rent. […]
Maximum value achieved
Improved results by 12%
Annual time savings of 120 hours
Real Estate
A real estate agency had at least 10 major clients who dealt with company accommodations in terms of rent. These clients would book at least 20-30 flats annually. The client was looking to increase the number of clients in their portfolio.
Tools used: Python, GeoDa
Rental property management
Overview One of the property management consultants’ missions was to help people empowered in terms of property selections. The major […]
Zero error margin
Saved 2000 hours annually
ROI boost by 33%
Real Estate
One of the property management consultants’ missions was to help people empowered in terms of property selections. The major wing being the rentals, the management decided to leverage AI powered engine for multiple use cases
Tools used: R, AI powered engine built by the client’s vendor.
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