Attention all real estate professionals! If you’re still downloading Excel files or even emailing them to yourself, it’s time to upgrade your game. In this post, we’ll show you the best practices for data pipelines in the real estate industry. Let’s explore four exciting ways to pull data from third-party property managers.
1. APIs and Automation
Say goodbye to slow and tedious data extraction methods. With APIs, you can automate data pulls faster than ever before. If you’ve never heard of an API, it means “application programming interface“. APIs are the way most modern software applications communicate with each other. APIs also offer greater security and control over your data, ensuring that only the information you want to share is being shared.
2. Report Schedulers and Task Managers
Most property managers’ software applications have report schedulers that automatically email reports at a set date and time. Some applications, such as Yardi, have task runners to automatically send reports to a secure folder. You can then push the data in that folder to your data warehouse. Let report scheduler and report packages do the heavy lifting for you! These methods are perfect for those who need to extract large amounts of data quickly and efficiently.
3. Database Backups
You can access replicas or backups of your property manager’s database for the most comprehensive data. With good SQL skills, you can pull all of the data you need in no time.
4. CSV Pickups from SFTPs
Don’t have access to APIs or database backups? No problem! You can still pull data from third-party property managers. Most applications have an export to CSV option that you can drop into a secure folder for your ETL tools (meaning, the code that moves data to your data warehouse). Be sure to use keypairs for added security.
By implementing these best practices, you’ll have a robust and efficient data pipeline for your real estate business. With access to reliable data, you’ll be able to make informed decisions and stay ahead of the competition. Plus, these methods make pulling data from third-party property managers a breeze. For more tips, be sure to check out our other blog posts. We’re always happy to help!
Revamp Your Real Estate Data Pipeline: 4 Exciting Ways to Extract Data From Third-Party Property Management Software