HelloData

What is HelloData?

HelloData is an AI tool focused on real estate data analysis. It utilizes computer vision and AI to process real-time market data, enabling users to analyze competition, optimize revenues, and enhance performance for multifamily properties. The platform offers daily competitor analysis and supports real estate professionals in achieving success in the market.

HelloData offers various products tailored to assist real estate professionals and PropTech companies. These include "RentSource," which automates multifamily rent surveys; "LiquidRent," a revenue management system providing optimal rent level recommendations; and "QualityScore," a tool using computer vision to analyze the condition and quality of real estate properties.

"RentSource" collects data on about 800k properties daily, including rent, availability, fees, and concessions, and delivers weekly updates summarizing competition property updates to users.

"LiquidRent" is an intuitive revenue management system that integrates with property management software to recommend optimal rent levels, assisting property managers and owners in maximizing revenue.

"QualityScore" quantifies the condition of real estate properties by utilizing computer vision algorithms to analyze interior and exterior property photographs, providing objective assessments of property quality and condition.

Who created HelloData?

HelloData was founded in 2023 and quickly became one of the most widely used market survey tools in the multifamily industry. The company was established by a team that had been working together for nearly a decade, specializing in real estate data pipelines, predictive algorithms, and workflow automation technology. HelloData provides automated market survey solutions for the multifamily industry, analyzing real-time data from property websites and public datasets to assist in identifying comps, surveying rents down to the unit-level, and making pricing recommendations. The platform has gained significant traction, being adopted by major players in the industry within a year of its launch.

What is HelloData used for?

• Multifamily analytics featuring competitor leasing trends, concessions, fees, amenities, and more
• Automated market surveys and reports generation
• Historical rent and leasing trend reports
• Improving operations and deal flow for multifamily operators, developers, and acquisitions teams
• Automating underwriting for appraisers, brokers, and lenders
• Generating property-specific comp reports
• Monitoring submarket leasing activity
• Pricing current and future multifamily developments
• Integrated with property management software for revenue optimization
• Analyzing interior and exterior property photos for quality and condition quantification
• Automated market surveys reducing report times by over 80%
• Analyzing comps and optimizing rents
• Reporting on submarket leasing activity
• Revenue optimization for multifamily properties
• Real-time market data analysis
• Competitor analysis features
• Customizable reports creation
• Integrating with property management software
• Automated market surveys to reduce report times
• Access to unit-level rents updated daily nationwide
• Building and unit-level amenity comparisons
• Concessions and fee monitoring
• Daily competitor analysis
• Automated multifamily rent surveys
• Integration with property management software
• Automated market surveys for real estate analysis
• Unit-level rent updates nationwide
• Competitor analysis and revenue optimization for multifamily properties
• Products like RentSource for data collection
• LiquidRent revenue management system
• QualityScore for property photo analysis

Who is HelloData for?

• Multifamily operators
• Developers
• Acquisitions teams
• Appraisers
• Brokers
• Lenders
• Real Estate Investors
• PropTech companies

How to use HelloData?

To use Hellodata, follow these steps:

1. Sign up for a free trial on the Hellodata website to gain access to unlimited market surveys and real-time insights on competitor leasing trends, concessions, fees, and amenities for multifamily properties.

2. Utilize the "RentSource" tool to automate rent surveys on approximately 800k properties daily, including rent, availability, fees, and concessions. Receive weekly updates summarizing competitors' updates.

3. Take advantage of "LiquidRent," a revenue management system that recommends optimal rent levels for property managers and owners. This system integrates seamlessly with existing property management software, providing valuable insights.

4. Explore "QualityScore," a tool that quantifies the condition and quality of real estate properties through computer vision analysis of interior and exterior property photos.

5. Access valuable insights on rent, availability, fees, and concessions for properties daily, and optimize multifamily property performance through competitive analysis and real-time market data.

6. Integrate Hellodata's APIs with existing workflows to leverage insights from real estate imagery and unstructured datasets seamlessly.

7. Benefit from Hellodata's user-friendly interfaces, responsive team, and fast platform performance, ensuring a smooth onboarding process and efficient use of the platform.