Archive article, first published on 9 January 2024. Today, the sales budget is a D.P.S. advisory service, not a software feature: the automatic distribution of the budget described below is not part of EASYRE®. See Approved price list.
In the field of real estate budgeting, a key aspect for managers and investors is the ability to have a clear and updated overview of their operations. It is essential to compare actual results with sales forecasts and to have a forward-looking view based on concrete data such as the status of offers, signed preliminary contracts (compromessi), and planned deeds. A dashboard that provides documented and complete data thus becomes a fundamental tool, reflecting the actual real estate budget against the forecast and offering indications on future market trends.
Monitoring real estate prices with the approved price list
A fundamental aspect is the careful monitoring of the consistency of real estate unit prices in all crucial phases, from the initial offer to the deed. This control ensures that the actual selling prices are always aligned with the ‘approved price list’, providing a clear and precise view of how operations are developing compared to business expectations. This constant comparison allows for the identification and evaluation of deviations as soon as sales emerge, ensuring effective budget control in line with business strategies.
Distributing the forecast budget to real estate agencies
When defining a real estate forecast budget for a fund or a set of properties, the process of automatically distributing the budget among different real estate agencies based on the value and number of units assigned to them is crucial. This automated process ensures a precise and proportionate allocation of the budget, allowing for effective monitoring and management. Each phase of the transaction, from the initial offer to the deed, is tracked, allowing for automatic and detailed recording of the real estate budget actuals, providing managers with accurate control and a clear, updated view of sales trends based on concrete and documented data.
Real estate budget actuals
In multiple business contexts, budget data updates are still done monthly, which can leave managers in a precarious position for making accurate forecasts. The goal of EASYRE® is to eliminate manual and often inadequate tools, offering a solution that automatically records each transaction in the actuals, ensuring that budget data are always up to date and reliable.
Finally, the updating of real estate budgets and their visibility along the entire commercial chain, involving all sector players from fund managers to real estate agents, represents a crucial factor for defining and sharing clear and achievable goals. This transparency allows all operational levels to align with strategic objectives, ensuring consistency and effectiveness in the implementation of sales and leasing policies.