Comparables & Market Data

Overview

This article provides a step-by-step guide to using the Property Comparables functionality within the platform. The feature allows users to view, edit, and manage comparable data such as comparable properties, unit sales, unit rents, and lease rents. Additional functionality includes the ability to visualize data on a map and review property photos, all of which support more effective property comparison workflows.

Accessing the Property Comparables Page

Description

The Property Comparables page is your starting point for managing and reviewing comparable property data. Users can access market data, view subject property photos, and interact with multiple data tabs for a comprehensive analysis.

Step-by-Step Instructions:

1. Navigate to the Property Comparables Page

   1. From your main dashboard, locate and select the “Property Comparables” section under the relevant property stack.

2. View the Subject Property Photo

   1. The subject property photo is automatically pulled from the deal cover image.

   2. Click the photo to expand and view it in full size.

3. Interact with Market Data (if available)

   1. Define or select a market and submarket.

   2. Input fields relevant to the market as needed. This feature supports early-stage data collection and may not be fully populated.

Note:

The subject property photo functionality is consistent with how comparable photos are managed, allowing for an intuitive user experience.

Using Data Tabs for Comparable Analysis

Description

Users can toggle between multiple tabs to access and manage different types of comparable data, including unit sales, unit rents, and lease rents. Each tab is designed to provide a streamlined, editable grid interface.

Step-by-Step Instructions:

1. Select the “Unit Sales” Tab

   1. This tab shows a collapsible grid of unit sales data for each comparable property.

   2. Click any grid row to collapse or expand it.

   3. Use the built-in editing tools to modify comparable data as needed.

2. Review “Unit Rents” Data

   1. Navigate to the “Unit Rents” tab.

   2. Functionality and layout are identical to the Unit Sales tab, but this section displays rent data instead.

3. Explore “Lease Rents” Data

   1. Click on the “Lease Rents” tab.

   2. This tab mirrors the previous two, showcasing lease rent data.

Note:

Data for the subject property may be incomplete. Updates are scheduled for future development cycles, and missing data will be populated accordingly.

Viewing the Map Tab for Visual Analysis

Description

The map tab allows users to see the subject and comparable properties plotted geographically. This view supports easier spatial comparison and offers rich property-level details.

Step-by-Step Instructions:

1. Navigate to the “Map” Tab

   1. Access the tab from the top of the Property Comparables page.

2. Explore Property Locations

   1. Click on any property marker to view a popup with photo, name, address, net rentable area, and property class.

3. Adjust Map View

   1. Drag to pan and use your mouse or trackpad to zoom in or out.

   2. Use the “Reset Zoom” button to refocus and ensure all properties are in view.

Note:

The map functionality enhances visual analysis and can assist in identifying geographic patterns and clustering.

Conclusion

The Property Comparables feature provides users with a powerful interface to manage and analyze comparable property data in multiple formats. With tools for viewing photos, editing data grids, and visualizing properties on a map, users can gain comprehensive insights and make more informed decisions.