Commercial real estate location insights platforms are changing the game for CRE industry professionals, and fast becoming a tool that no broker can afford to do without.
With the latest release of AlphaMap’s new mobile app, the ability to gain location insights and property intelligence on the fly just got a whole lot easier. As a first mover in the CRE industry, AlphaMap is leading the way with this innovative app.
Real Estate Location Insights & GIS Analytics Tools
Before we delve into the challenges faced by brokers and the solutions offered by mobile apps, it's important to understand how commercial real estate location insights and GIS analytics expand a CRE broker’s toolkit.
‘Commercial real estate location insights’ refer to the data-backed analysis of a location and the different aspects that influence the real estate value and investment potential.
Insights can include information on demographics, zoning regulations, market trends, foot traffic, and other relevant information.
Location insights platforms, like AlphaMap, make use of GIS technology to provide a powerhouse of valuable features that help brokers to visualize geographic data and understand spatial relationships and patterns.
By leveraging location insights and GIS analytics, brokers can enhance their understanding of the market, make data-driven decisions, and offer strategic advice to their clients. This competitive advantage is key in the fast-paced CRE industry.
Say Hello to the AlphaMap App
As a leading real estate location insights platform, we have developed an innovative mobile app which brings the power of GIS analytics to the palm of your hand, while you’re on the go.
No other app is so uniquely catered to the needs of the CRE industry.
Our App offers a range of powerful features that sets it apart from other location insights products and apps on the market, providing brokers with the tools they need to excel in their work (on and off the field).
Comprehensive Zoning Data
The App includes detailed zoning data, complete with ‘allowed’, ‘conditional’, and ‘prohibited’ uses. You’ll have accurate and up-to-date information to share with your clients.
Zoning heatmaps offer a visual representation of different zoning areas, making it easy for you to identify and analyze zoning patterns and trends.
Our mobile app provides in-depth demographic information layered with geospatial data and insights. Brokers can better understand the neighborhoods and communities they serve and offer insightful recommendations to clients.
Brand Rankings & Foot Traffic Trends
The App utilizes mobility data to generate insights on location performance and foot traffic, empowering brokers with the ability analyze trends over time.
Accurate Parcel, Property & Ownership Records
Up-to-date parcel, property, and ownership records ensure that brokers have all the essential information they need when working with clients on property transactions.
Challenges Facing Brokers Today
Navigating the complexities of today's CRE landscape, brokers face numerous challenges that can impact their ability to effectively serve their clients.
Accessing Property Data and Zoning Information
Brokers often struggle to access property data and zoning information while in the field. This can make it difficult to answer client questions on the spot and may negatively impact a broker's perceived professionalism.
Providing Immediate Answers to Clients
Clients expect quick and accurate information from their brokers. When brokers are unable to provide immediate answers or have to get back to clients later, they risk losing credibility and potentially missing out on deals.
Identifying Off-Market Opportunities
Staying ahead of the competition often means being able to spot off-market opportunities before others. This can be challenging for brokers who rely on traditional methods for gathering and analyzing data.
Time Management and Efficiency
Juggling multiple tasks, such as property showings, negotiations, and research, can be overwhelming for brokers. The need to return to the office to access information and complete administrative tasks can result in wasted time and reduced productivity.
Staying Informed About Market Trends
To provide valuable insights and advice to clients, brokers must stay informed about the latest market trends and developments. It’s difficult and time-consuming to keep up without the right tools.
Maximizing Productivity and Efficiency with Mobile Technology
While it’s clear that real estate location insights tools are valuable (if not essential), most require use of a desktop meaning they’re only something you can access in the office. A few online property intelligence platforms have begun to develop mobile apps so that brokers can access information and location insights on the go.
Mobile apps offer some clear advantages over their desktop counterparts:
Convenience and Flexibility
Mobile apps enable CRE professionals to work from anywhere at any time, allowing them to respond quickly to client inquiries, manage properties remotely, and access critical information even when they're away from their desks.
Many manual tasks that brokers traditionally perform, such as data entry and document management, can be automated with the use of a mobile app. This frees up valuable time for more strategic, revenue-generating activities.
Real-Time Data Access
Mobile apps provide brokers with real-time data on market trends, property values, zoning information, foot traffic rankings, demographics, property owner information, and more, enabling them to deliver better insights to their clients.
With mobile apps, brokers can quickly look up information or search for off-market properties at any time – even while they’re standing in line for coffee. This not only saves time but also allows brokers to focus on more significant tasks, such as closing deals faster.
Quick Reference and Organization
Brokers can save properties and related data on a mobile app for easy reference later, streamlining their organization and ensuring that important information is readily accessible when needed.
Embrace the Future
Location insights platforms and mobile apps are playing a pivotal role in shaping the future of commercial real estate business. CRE professionals that are willing to embrace these new technologies can unlock deeper levels of productivity and strategic insight – the kind that clients will love!