47 Most Important KPIs for Property Business
REAL ESTATE OFFICE |
Advertising and promotion |
Average commission per sale |
Average commission per salesperson |
Commission margin |
Net profit |
Office cost (telephone, fax, and other office cost) |
Rent cost of premises |
Sold homes per available inventory ratio |
Total income |
Wages and salaries (including commissions and vehicle allowances) |
Year-to-year variance on average sold price |
Year-to-year variance on dollar volume of sold listings |
Year-to-year variance on sold average dollar per square foot |
COMMERCIAL PROPERTY MANAGEMENT |
Annual return on investment in percentage |
Construction/purchaser rate – New constructed or purchased units over time |
Cost per square foot |
Equity value growth in percentage |
Lease events coverage ratio – Number of lease inquiries over number of available units |
Management efficiency – Number of leased spaces over number of staff |
Market share growth |
Monthly return on investment as percentage |
Occupancy cost – Cost per occupied unit |
Operation cost to rent income ratio |
Percentage of rent collected |
Price to income as percentage |
Profitability per square foot |
Real estate demand growth – Market rental demands |
Rented space usage quality – Average number of tenant visits over rented space |
Renting cost – Renting cost per square foot |
Renting return on investment – Rent income over cost |
Revenue per square foot |
Risk metrics as percentage |
Total property management income per property manager |
Usage efficiency – Available renting square feet over number of staff |
Utilization (vacancy) rate – Rented square feet over total square feet, or rented units over total units |
REAL ESTATE INVESTOR |
Average gross multiplier for portfolio |
Cost per square foot to value per square foot ratio |
Equity to value ratio |
Gross multiplier per commercial property |
LTV (loan to value) ratio per property |
Mortgage rate index |
Overall LTV (loan to value) ratio for portfolio |
Price per square foot to value per square foot ratio |
Profitability per square foot |
Property value growth (market trend) |
Purchase price-to-appraisal value ratio |
Rental value growth rate ROI (return on investment) |
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