Key Risk Indicators (KRI) for Real Estate Agency Indicators
KRI (Key Risk Indicators) allows BI professionals from the Estate area
measure and control business risks.
KRI for Estate business niche
The KRI for Real Estate Agency Indicators may address such indicators as:
- financial perspective
- operating profit
- % increase in advertising budget
- % increase in average per agent revenue
- % increase in operating expenses
- growth perspective
- % rise in number of successful deals
- rise in the territory index
- % increase in business from referrals
- % increase in commission level of realtors
- internal operations perspective
- number of services offered
- number of financing options
- number of listing methods
- time for which website has been working
- workforce potential perspective
- number of employees
- mean experience
- average associated time
- number of transaction sides per agent
- % difference between initially listed price and negotiated price
Why BI and risk specialists from the Estate should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Estate Evaluation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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