Data and Analysis in the 21st Century

Published on 19 June 2025 at 15:54

GLC Research Team

 

In 2025, data and analysis are transforming property management from a reactive task to a proactive strategy. Property managers who leverage data can optimize rents, reduce vacancies, and enhance tenant satisfaction. We provide real-time market insights, enabling our managers to set competitive prices based on local comparables. Analyzing vacancy rates can reveal whether a 2-bedroom unit should be priced at $3,200 or $3,500 to minimize downtime.

PropTech platforms, that GLC uses centralizes data on rent payments, maintenance requests, and tenant communications. These tools generate reports that highlight trends, like frequent plumbing issues in older properties, allowing our managers to budget for upgrades. A California property manager recently used a tool to identify a 10% vacancy spike, prompting a rent adjustment that filled units within weeks. Such data-driven decisions are critical in competitive markets.

Predictive analytics is another game-changer. By analyzing historical data, managers can forecast tenant turnover or maintenance needs. For instance, if 60% of leases in a Los Angeles complex expire in summer, managers can start marketing early to avoid gaps. Our platforms offer predictive models that integrate local economic indicators, such as job growth, to refine strategies.

However, data is only as good as its application. Managers must ensure data accuracy by regularly updating tenant and property records. Cross-referencing rental history with tax records, as done in Sacramento, prevents fraudulent applications. Additionally, visualizing data through charts—such as rent price trends across zip codes—helps communicate insights to owners or investors, justifying pricing or upgrade decisions.


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