Key Performance Indicators (KPIs) for Real Estate Professional

Real Estate Measurement KPI - Balanced Scorecard metrics template example Real Estate Balanced Scorecard for Excel allows to use pre-defined metrics to measure the performance of Real Estate assets of the company, providing top managers with clear view over real estate assets, their current and planned performance.

Also, this balanced scorecard provides necessary indicators to benchmark real estate assets. This KPI system will make the process of real estate management easier as will represent a key manager a simple dashboard with necessary indicator metrics.

Download Trial Version of KPIsBuy Full Version of KPIs

Why do business professionals choose ready-to-use KPIs?

Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:

  • Can a business professional research KPIs on his own?
  • How do I avoid typical problems with KPIs?
  • Is ready-to-use KPI applicable in my niche?
  • Is KPIs' price affordable?
  • Can KPIs can be easily integrated in any business environment?
  • How can KPIs make the difference to the business?

How to align these KPIs with a strategy of our organization?

Ideally, you need to have a strategy (in a form of a strategy map) before you start thinking about the ways to measure its execution (KPIs). Don't have a strategy map yet? Use free Strategy Map Wizard to create a strategy map for your current business challenges. The wizard will:

The whole process takes on average 6 minutes. Give it a try right now - it's free.

What are the benefits of /solutions/real_estate_metrics_scorecard_excel.htm metric:

Get these KPIs

More ideas on using /solutions/real_estate_metrics_scorecard_excel.htm KPI

Real Estate has always been a priority among people who intend to invest their funds to huge earn revenues at a later date. However, investing money in Real Estate demands adopting a cautious attitude as changes in rates can be too fast to be tracked. Consequently, tilting the situation in own favor becomes a huge challenge of Real Estate industry.

However, there exists a way out as one can win over the difficulty by employing a management tool to 'measure and manage' performance.

One can use BSC (Balanced Scorecard) for this purpose. This management strategy depends on usage of metrics to calculate the performance and progress being made in this direction. However, there occurs a catch in this condition also; it being the selection of indicators to measure the steps. The metrics have to be such that these allow a proper and unbiased reflection of activities in Real Estate sector.

Saying it all, one can follow the act of putting money in property or land by taking help from this 1990s concept developed by Norton and Kaplan, called BSC. The fact that financial viewing is not enough to appropriately judge a company forced the 'non-financial' metrics to enter the scenario.

More useful information for Realty Measurement

Real Estate Balanced Scorecard Screenshots

The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of .

This is the actual scorecard with Realty Metrics and performance indicators.

Metrics for Realty Measurement

This is the actual scorecard with Realty Metrics and performance indicators. The performance indicators include: Occupancy costs, Revenue per square foot, Lease events coverage ratio, Real estate demand growth.

Download or purchase Real Estate Balanced Scorecard

Download a trial version of Real Estate Balanced Scorecard or purchase a full version online.

Free Example Template(s)

Use this example to create your own KPI scorecard using a cloud-based software.

Best practice articles

All articles about measuring performance in .

10 Step KPI System on Amazon

10 Step KPI System Book

How is this book different from 796 other book titles about KPIs on Amazon?

"Before writing a single line, I formulated some guiding principles, one of them was: "If our clients ask, "How can I find a good KPI for..." - I want this book to provide a perfect answer."

Manage your KPIs, Strategy Maps, and Balanced Scorecards Online

Cloud-based Balanced Scorecard Software

The most shared articles on BSC Designer

Scorecard Templates for PowerPoint

FREE Graphical Balanced Scorecard (BSC) templates for your presentation

The most popular articles on BSC Designer