Course Description
How do you measure up? Understanding how you measure up to your peers and the market is critical to managing expectations and successfully executing a business plan. Using the Income/Expense IQ (IE/IQ) tool, developed by IREM, BOMA, and NAA and powered by LobbyCRE, allows you to gather information and data, giving you the foundation needed to measure your performance against to the competition and your own goals.
However, to be truly successful and to get the fullness of your market’s performance, you need to participate. This course will introduce you to the concept and utility of benchmarking, the key aspects of using IE/IQ, and submitting your data to IREM for inclusion in the data used in the tool’s analysis. Real estate expert and IREM instructor Salvatore Dragone, CPM®, CCIM will:
- Explain the four primary types of benchmarking
- Review the 3 ways to use benchmarking
- Instruct you how to easily input data in to the I/E IQ tool
- Describe how to use I/E IQ’s tables
Review our course policies and procedures page for further information