Save Hundreds of Thousands of Dollars with CREx’s Real Estate Data Solutions

The average technical consultant with a focus on real estate typically costs $100/hour to $250/hour. And the cost of one consultant can add up quickly. One week of a full-time consultant at $150/hour is $6,000 a week ($24,000/month!). Real estate KPIs such as occupancy, unit turns, budget to actuals, etc. have been the same for decades. Why recreate the wheel? Read on for how you can save hundreds of thousands of dollars with CREx’s real estate data solutions.

Here's the secret to saving $250,000/year...

Let’s say that you’re a risk taker. You want to try hiring a junior, independent Yardi consultant. Even on the low-end, a junior consultant costs, on average, $68/hour. Their salary will cost you an estimated $141,692 (before adding in benefits and insurance).

At CREx, we did 80% of the work for you. Most of our CREx analytics can be in the hands of your users in less than two weeks. And the best part is that CREx costs less than a few days of a consultant. That’s right… DAYS. Multiply that cost-saving by a year, and that adds up to being hundreds of thousands of dollars cheaper. And we haven’t even talked about the cost to stand up and support your database and other infrastructure. That will cost anywhere between $10k-50k/year in technology spend alone!

While CREx solves for 80% of real estate firms’ analytics needs, the remaining 20% is unique to you.

Having spent decades in this industry, we understand that not all of your reporting needs will be solvable with out-of-the-box reports. You have your own unique, and that’s what makes you so successful. Target your custom consulting towards tactical areas to be cost-efficient and get the most value. Sidebar: we designed CREx to be customizable. See a report that you love but want a minor tweak? Reach out!

Conclusion

The perfect solution for most business is to use an off-the-shelf, while still customizable, SaaS product like CREx. You’ll get off the ground quickly and affordably. Then, you can supplement existing reports with custom development.

Feel free to reach out if you have any questions. We’re always happy to help!

For more tips, be sure to check out our other blog posts.

Save Hundreds of Thousands of Dollars with CREx’s Real Estate Data Solutions