Mobile Inspection Form
To address the extreme variability of market conditions from location to location, Geospatial Analytics® assisted in implementing a mobile inspection form that created a consistent method of evaluating specific market conditions for each location. Information such as vacancy rates, tenant mix, and sub-market trends could now be cost-effectively captured.
The inspection form was also used to capture information regarding the specific terms of the lease, landlord profiles, and other vital information for effective renegotiations of leases.
The inspection template was configured to specific items the customer required. The tool was easily and quickly deployed without the need for significant support or training.
- A custom inspection form embedded business intelligence and guided the user through a specific set of questions that the client required
- The team replaced subjective opinions of market conditions with objective-based criteria and standards, allowing fact-based assessments of potential savings.
- The inspections resulted in assembled information that had not previously been available to formulate a strategic approach to all lease renegotiations.