Data Aggregation
Unify Your Business Insights with Seamless Data Aggregation
Eliminate Data Fragmentation
We understand that real estate companies often face significant challenges related to data fragmentation. Operational and financial data is frequently spread across disparate systems or offline formats (ex. Excel), making it difficult to attain and maintain a unified view of performance. Our data aggregation services are designed to address these challenges by consolidating all your data sources into a cohesive view. This approach ensures that your business can make informed decisions based on comprehensive and integrated data sets rather than isolated information silos.
Our team brings a wealth of knowledge in real estate systems, enabling us to understand the nuances when aggregating data from multiple sources. Consolidating information from the disparate systems in which you operate as well as data from your partners (ex. third-party property managers, JV partners, etc.) ensures that your internal reporting is based on a comprehensive dataset. But if you have ever tried to do this, you may have realized that it’s not a straightforward exercise of compiling information. Here are just two examples of questions that need to be addressed:
- What do you consider an occupied unit? Is it straight physical occupancy, or financial occupancy? Does your property manager track one or both? Do all your property managers track it the same way?
- Does your GL account for rental income include just the revenue from apartment rent? Or does it also include storage, parking, and other amenities? Is this consistent across the portfolio? Do you mix commercial and residential rental income into a single GL account?
The goal is to be able to produce meaningful information for your consolidated reports, dashboards, and analyses. Aggregating data is not just about merging rent rolls or trial balances provided to you from different sources, it is about understanding the content of that information and ensuring that the data being consolidated truly represents comparable information. This is where REdirect’s knowledge of multiple systems, business practices, and the real estate industry help you achieve an impactful data aggregation solution.