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Data Driven Decisions For The Multifamily Industry

PropTech Today

Release Date: 10/12/2022

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Donald Davidoff is the Chief Executive Officer & Co-Founder of Real Estate Business Analytics, Inc (REBA). He is recognized throughout the rental housing industry as a thought leader in pricing, business intelligence, marketing, and leasing. Donald is best known for leading the development and implementation of the Lease Rent Options® (LRO), the industry’s first automated demand forecasting and price optimization system. A former Senior Vice President at Archstone and Executive Vice President at Holiday Retirement, Donald works with C-Suite clients to assess their operational and technology platforms and implement impactful projects.

 

In this episode, Donald talks about the importance of data analytics in the real estate industry and how REBA enables users to make market data-driven decisions. He highlights how businesses can utilize REBA’s innovative products and gain a competitive edge in collecting and analyzing data, budgeting, and forecasting.

 

[00:01 – 04:22] Opening Segment

  • Welcoming Donald to the show
  • He discusses his background in tech and business intelligence

 

 [04:23 – 10:05] Changing the Way Real Estate Uses Data

  • With REBA, users can spend more time analyzing data than collecting data
    • Helping them make better pricing decisions
    • What are other features of REBA that can serve different parts of the business?
  • Donald describes REBA’s ideal customer
    • Presenting a better multifamily budgeting solution vs. Excel

 

 [10:06 – 23:08] Building Bespoke BI

  • How users can integrate REBA with PMS
  • Enabling and empowering internal analysis and benchmarking
  • REBA's data modeling makes it easy to create custom reports and dashboards
  • Donald shares some successful use cases of REBA
    • Getting good data leads to quicker action 

 

[23:09 – 25:49] Closing Segment

  • Donald on what’s next for REBA: Rapid growth and extending the capabilities of the software



Reach out to Donald at GetREBA.com or email him at [email protected]. You may follow REBA on LinkedIn, too!

 

Let’s Connect! You can connect with me, Jeff Hoch on LinkedIn to look into Smart Building and Smart Apartment Technologies.

 

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 Tweetable Quotes:

“What you want is all that data in one single source of truth so you can access it directly.” - Donald Davidoff

“We are a huge accelerator to anybody who would be tempted to build bespoke or would love to build bespoke. But we are affordable and we've already built that data model that would've taken you at least a year to figure out if you can start from scratch itself.” - Donald Davidoff

“The faster you can get good data in a chart or graphic or 3D visualization, that gives you context. It's just easier to make good decisions really fast.” - Donald Davidoff