{"id":25481,"date":"2019-08-12T16:47:25","date_gmt":"2019-08-12T20:47:25","guid":{"rendered":"https:\/\/www.mrisoftware.com\/ie\/blog\/3-reasons-real-estate-analytics-tool\/"},"modified":"2019-08-13T15:22:47","modified_gmt":"2019-08-13T19:22:47","slug":"3-reasons-real-estate-analytics-tool","status":"publish","type":"post","link":"https:\/\/www.mrisoftware.com\/ie\/blog\/3-reasons-real-estate-analytics-tool\/","title":{"rendered":"3 reasons why you need a real estate specific analytics tool"},"content":{"rendered":"<p>When it comes to business intelligence tools for real estate, you can\u2019t afford to bend over backwards dealing with a solution that doesn\u2019t work for your specific needs, but you also can\u2019t spend too much time or money dealing with a <a href=\"https:\/\/www.mrisoftware.com\/products\/reporting-analytics\/analytix-portal\/\">real estate analytics tool<\/a> that\u2019s over-customized and ineffective. You need something in the middle.<\/p>\n<p>Business intelligence projects often run into two major issues, both of which stem from the natural limitations of different types of BI tools. <\/p>\n<ul>\n<li>If you use an off-the-shelf BI tool, you may need to customize it for your specific purposes, often by spending an excessive amount of time and money to craft the queries and reports. Ultimately, your needs are not fully met or they need significant support.<\/li>\n<li>If you use a highly customized solution, the value of the tool won\u2019t be realized unless requirements are fully developed and executed properly. You\u2019ll spend too much time and money getting it to work for your specific objectives, and it could take months before you reap any value from the new system.<\/li>\n<\/ul>\n<p>You don\u2019t need to settle for a do-it-yourself solution or a \u201cone size fits all\u201d solution. <\/p>\n<p>You need a centralized and flexible business intelligence and data visualization platform designed for real estate that enables you to effectively explore and understand your data. Implementing this type of solution can help you make better, more knowledgeable decisions and inform key stakeholders in actionable and impactful ways.  <\/p>\n<p>Here\u2019s why.<\/p>\n<p><strong>Reason 1: You need easy integration with your current system<\/strong><\/p>\n<p>The perfect solution for your organization should include a plug-and-play portal that\u2019s integrated with your MRI products and data. Luckily, MRI Analytix, a BI tool that\u2019s already been built by MRI to fit the needs of real estate organizations, has been designed specifically for use with MRI tools, meaning you can be confident that the data and the output is aligned with the information you and your organization require.<\/p>\n<p><strong>Reason 2: You need a centralized data store<\/strong><\/p>\n<p>Real estate firms have different key metrics than other industries, and MRI Analytix meets this need by being a curated, centralized, fit-for-purpose data store that enables analysis of relevant real estate metrics. With the ability to extract the data, apply filters to narrow or expand results and populate visual representation of the data, MRI Analytix even eliminates the need for IT or technical support. Additionally, you shouldn\u2019t have to add those real estate specific features yourself, which is why any customizations you need will be simple add-ons; not whole updates that might break in the implementation process.<\/p>\n<p><strong>Reason 3: You need to plan for the future<\/strong><\/p>\n<p>Your BI tool should be a flexible system with the ability to adapt and access the latest advancements to stay competitive. Through visual representation of large and complex data sets, MRI Analytix gives analysts and decision makers easy access to spot trends and identify areas for deeper discovery. MRI Analytix is built off of <a href=\"https:\/\/www.mrisoftware.com\/blog\/salesforce-tableau-shaking-up-software-space\/\">Tableau, one of the leading innovators in data science<\/a> to leverage continuously evolving data science capabilities to move your organization into the future. We analyze each update and innovation from Tableau and apply the most relevant ones to MRI Analytix. By using the latest in BI tech tools, you also signal to incoming and prospective talent that your organization is at the forefront of data science and business intelligence. <\/p>\n<p>You shouldn\u2019t have to settle for a clunky, customizable tool or an off-the-shelf solution that doesn\u2019t work for you. MRI Analytix allows to utilize your data without getting in the way of your operations. Learn more about how you can leverage <a href=\"https:\/\/www.mrisoftware.com\/products\/reporting-analytics\/analytix-portal\/\">MRI Analytix for the success of your real estate organization<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to business intelligence tools for real estate, you can\u2019t afford to bend over backwards dealing with a solution that doesn\u2019t work for your specific needs, but you also can\u2019t spend too much time or money dealing with a real estate analyt&hellip;<\/p>\n","protected":false},"author":44,"featured_media":25482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[144],"tags":[],"class_list":["post-25481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/posts\/25481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/comments?post=25481"}],"version-history":[{"count":0,"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/posts\/25481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/media\/25482"}],"wp:attachment":[{"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/media?parent=25481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/categories?post=25481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mrisoftware.com\/ie\/wp-json\/wp\/v2\/tags?post=25481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}