Episode 43: The Importance of Data Management

October 21, 2022 melissa Real Estate Comments Off on Episode 43: The Importance of Data Management

Episode 43: The Importance of Data Management

Our guest in today’s Real Estate Jam Podcast episode is Zach Wooldridge. Let’s dive deep into data management. Zach is an active-duty military member, real estate investor, family man, and the Customer Success Manager at REISift. He shares why you might want to pay more attention to your data, how you can automate it effectively, and how REISift differs from the competition. Stay tuned!

The points below are from the 43rd episode of The Real Estate JAM, where we discussed data management’s importance.

Tune in to the full episode on YouTube, Spotify, or Apple Podcasts.

 

Why Data Management Matters

In real estate, you need to come full circle on a lot of clients, buyers, and sellers. Sometimes, they may not yet be ready but will be in a few months or so. When you have good management of your data, you can run a constant check so that when the opportunity comes, you’re in the right place at the right time.

 

Teamwork Starts with Data

Even if you have the best team, best managers, best marketing, and best budget, you won’t be able to make things work to your full advantage if you don’t have good data management. It all starts somewhere, and that somewhere is your data.

Want to learn more? You can listen to the full episode on YouTube, Spotify, or Apple Podcasts.

 

Outline of the Episode:

  • [00:48] Today’s guest is Zach Wooldridge, and we’ll be talking about why managing your data is important if you’re in the real estate business.
  • [05:58] How do you handle data management? Is there a foolproof way of maximizing its use? How does ReiSift fit in all of this?
  • [09:00] So, for someone who is new to real estate, what is the significance of data management? Does it really matter?
  • [11:37] When you have data, you need to be able to use that data to your advantage. The information you have should be able to help you sell faster.
  • [12:27] You need to do three things with your data: take it, manage it, and update it. Are you able to do all three, or do you miss out on one?
  • [15:12] What do you do when you get bad numbers? How do you turn things around?
  • [21:39] The ReiSift makes sure to give more value to people than what they paid for. It also has exercises and challenges that you can use. Would you give it a go?
  • [22:56] How do we manage data? We break down the beginning of a business mindset and work from there.
  • [25:29] You need to have a solid foundation. Your data, management, marketing, budgeting, and the team must work together to maximize results.

 

Connect with the Real Estate JAM!