Market Surveys Made Easy!

The market survey platform offering actionable data and analytical tools to better understand and strengthen your position in the marketplace.

THE PROBLEM

THE PROBLEM

Current multifamily market surveys are done using inflexible software or archaic Excel templates. These processes cost the apartment property money, precious time, and require significant overhead of managing the process. Most importantly, these efforts offer little value in the end:

LOST TIME AND MONEY

Managing market surveys are labor intensive, costing money and productivity. More time is spent gathering and organizing data than analyzing and using it to make sound business decisions.

DATA INCONSISTENCY

Current solutions to apartment market surveys are cumbersome to use and require on-going maintenance and updates. This often results in different templates being passed around which creates a lack of uniformity and causes issues for management teams trying to make sense of their multifamily portfolio.

STALE DATA

Data becomes stale immediately as it only offers a snapshot in time for that particular week. This stale apartment market survey data eliminates the option to compare your property or portfolio performance versus your competitors over time.

LACK OF COLLABORATION

With no centralized hub where different users can see the same data and analytics in real-time, operators and owners can potentially reach different about property and multifamily market performance. This makes creating a sound business strategy more difficult and often riddled with confusion and frustration. 

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  • Current market surveys are time consuming and costly to do on a weekly or monthly basis, and bring almost no value to operators and owners because they are taken as snapshots in time with no historical data to compare to.
  • There is no way to audit and confirm that the data is accurate.
  • These market surveys offer limited ability to share and disseminate information among on-site and corporate teams. The lack of centralized data leads to on-site teams doing double work when it comes to shared competitors.
THE SOLUTION

THE SOLUTION

BI:Radix is the only cloud-based, multifamily market survey platform that addresses the current problems that come with doing market surveys. It gives corporate teams, on-site managers, and asset managers their time back while saving money and providing the tools that drive better business decisions.

AUTOMATED COMP SURVEY

BI:Radix’s patented SurveySwap™ enables you to automatically exchange data with your comps through our platform. The result is more accurate and timely data while saving money and time spent making comp calls. 

CENTRALIZED SOLUTION

Since BI:Radix is a cloud-based platform, it ensures apartment market data uniformity so on-site, corporate, and ownership teams can review and analyze the same trusted data at any time. This delivers a greater ability to strategically improve property performance.

SAVE TIME AND MONEY

BI:Radix saves users on average $2,040-$2,448/year per property by eliminating the need to create, manage or share spreadsheets and manual reports.

INTERACTIVE AND EASY REPORTING

BI:Radix is intuitive and easy-to-use, allowing for interactive graphs and charts, as well as ad-hoc and customizable reports for a single property or portfolio of properties. All reports can be easily printed or exported in Excel or PDF or can be automatically scheduled to deliver to regional, corporate, or ownership groups at any frequency.

TREND ANALYSIS

BI:Radix offers ongoing detailed business intelligence on competitors, including historical performance information, interactive data tables and graphs, and customizable and automated reports.

FULLY INTEGRATED

The BI:Radix platform is fully integrated with multiple property management systems including Entrata, Yardi and OneSite to further streamline the apartment market analysis process by syncing data automatically and eliminating manual inputs and data errors.

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  • Web-based platform that requires no additional installation and can be opened by any device or browser, giving you all the information at your fingertips in the office or on the go.
  • Our intuitive dashboard enables users to understand and decipher important information quickly – all key components are available at a glance. Different views, based on user preferences, allows customization of data to evaluate performance by property, portfolio, or region. Your reports can be generated and shared automatically with customizable settings on who to share with and how often.
  • BI:Radix platform can be fully integrated with Property Management System (such as Yardi and OneSite), which further streamlines the process by syncing data automatically and eliminating manual inputs and data errors.
  • *In our study, assuming an assistant property manager did the market survey (and not a property manager) saved them 8-10 hours a month at minimum pay rate of $17.00/hour.

GETTING STARTED

SETUP IS SIMPLE AND QUICK:
GETTING STARTED
1.

CUSTOMIZED SETUP

The BI:Radix team works closely with you and your teams and takes care of initially setting up all of your properties into the apartment market survey platform.

2.

POPULATE DATA

If you have months or years of historical data, let us put it to good use for you. We will upload that market data into the BI:Radix platform so you can immediately see the trends over time and how your property has performed versus its competitors.

3.

1-ON-1 LEARNING

We provide training to both corporate and property managers and follow up to address any remaining questions.

BI:RADIX IS BUILT TO MEET CORPORATE NEEDS

The platform was developed from the ground up to have the features corporate, on-site, and asset management teams need.

ENTERPRISE

  • Single Sign On (SAML) support
  • User and property access management
  • Complete activity history
  • Property Management System integration (such as Yardi or OneSite)
  • Reliable – 99.99% uptime SLA
  • No maintenance windows
  • High Performance

REPORTING

  • Predefined Reporting Templates
  • Custom Reporting options
  • Automatic report generation and delivery
  • Trend analysis on all data, no history limits
  • Easy sharing options

WORKS ANYWHERE

  • Mobile, Tablet, or Desktop
  • Mac or Windows
  • No need for any additional software (ex: Excel, Adobe Acrobat)
  • Email notifications

Our Clients

BI:Radix has filled a void in our industry by providing reliable and accurate historical data on how our properties are performing against their competitors. There are other systems we use that collect this information, but not one of them present and report the data back in a dynamic and transparent format. We find the product extremely helpful and very easy to use.

KEVIN HUSSDirector of Revenue Management, Harbor Management Group

We engaged BI:Radix to roll out our portfolio of assets on the web-based market survey system, which embodies a business intelligence model that is digestible, thoughtful and strategic. The resulting information available to us to make decisions has been nothing short of terrific.

ANNETTE THURMANSenior Director of Asset Management, Raintree Capital

One of many benefits of BI:Radix for us at Alliance has been real time market survey rent data that updates market comps automatically at the same time you update your property each week.

BRAD CRIBBINSPresident and COO, Alliance Residential Company

Thank you so much for creating a comprehensive cloud based market survey tool where I can compare property performance across a sub-market or a portfolio. Drilling down into the details or summarizing the information is so easy. I wish all our software tools were so amazing!

HEATHER WALLACESVP, Sares-Regis

Our partners