HelloData

HelloData: Revolutionizing Multifamily Market Analysis with AI

What is HelloData? HelloData is an advanced analytics platform designed for multifamily real estate professionals. It leverages AI and comprehensive data to automate market surveys, streamline deal analysis, and optimize rent strategies. By providing daily updates on over 35 million units across every U.S. market, HelloData empowers investors, managers, developers, and brokers to make data-driven decisions.

Key Features and Benefits

• Automated Market Surveys: Eliminate manual data collection with automated surveys that update every 24 hours.
• AI-Driven Insights: Use AI to identify optimal unit mixes and amenity packages for new developments.
• Comprehensive Data: Access nationwide unit-level rents, building and unit-level amenity comparisons, concessions, and lease duration monitoring.
• Time Savings: Save 5+ hours per week on market surveys and deal analysis.
• Accurate Data: Powered by 100% public data, ensuring no anti-trust risk.

How Does HelloData Work?

HelloData gathers data primarily from property websites (over 250,000) and listing sites, prioritizing direct data from property websites. It uses AI to extract information about concessions from specials banners and amortizes these concessions over the lease term to calculate effective rents.

How to Use HelloData?

1. Sign Up for a Free Trial: Start with a 7-day free trial to explore the platform.
2. Customize Reports: Create unlimited market surveys using AI-driven comp recommendations or build your own comp list with the property search tool.
3. Automate Updates: Schedule automated market survey updates to be delivered to your team and clients via email.

Who is HelloData For?

HelloData is built for data-driven multifamily professionals, including:

• Investors: Instantly analyze new developments and identify the best performing unit mix.
• Managers: Improve operations and pricing strategies with accurate, up-to-date market data.
• Developers: Analyze stabilized market rents and expenses for new projects.
• Brokers: Automate underwriting and provide clients with comprehensive market surveys.

Why Choose HelloData?

• Accuracy: Highly accurate data with unit-level price history.
• Speed: Generate full rent surveys and expense benchmarks in under 1 minute.
• Responsiveness: Responsive and easy-to-work-with customer success team.
• Compliance: Uses only publicly available data, eliminating anti-trust risk.

Testimonials

• Mark Ziemke, Director of Leasing Strategy, Luxury Living: "HelloData is being used in so many different ways... The newly added leased and exposure percentages allow us to see the current state of any property at a glance."
• Bradley W., Multifamily Acquisitions & Development: "The team's responsiveness and dedication are the best I have encountered in any tech company."
• Abraham W., Multifamily Owner & Investor: "Best software I have ever used for market comps!"

Frequently Asked Questions

• Where does HelloData get its data?
  • HelloData pulls data primarily from property website leasing pages (over 250,000 of them) and from several listing sites for smaller properties.
• What makes HelloData different from other solutions?
  • Highly accurate data, granularity (including full unit-level price history for every property) and frequency of updates (every day).
• Does HelloData provide training?
  • Yes, HelloData conducts as many demos and onboarding calls as needed to ensure your team is successful with the platform.

Pricing

HelloData offers flexible pricing plans tailored to different needs. Contact their sales team or schedule a demo to learn more about pricing options.

Conclusion

HelloData is a game-changer for multifamily professionals seeking to leverage data and AI to improve their market analysis and decision-making. With its comprehensive data, intuitive interface, and responsive support team, HelloData empowers users to save time, optimize rents, and gain a competitive edge in the market. What is the best way to analyze Multifamily Market? HelloData is a good choice.