Pierce-Eislen's online, property-level apartment information service is unique in the commercial real estate market research industry. Subscribers access near up-to-the-minute details about a property's, or series of properties', composition in a form customized to a user's specific needs. Key differentiating elements separating Pierce-Eislen from competitive services include:
- Time-Sensitive Reporting: Commercial apartment industry participants face consistently volatile housing market demands. The condition requires readily available access to critical information affecting the multi-family housing industry. In spite of this perennial need, competitive information services typically offer partial information, with data generally limited to quarterly, semi-annual or annual updates. Pierce-Eislen's research continuously monitors the multi-family market at the property level, constantly refreshing available information required of time-sensitive decisions.
- Standardized Data: Leading apartment data providers report on information considered necessary to describe a market's conditions at some level, and at some point in time. This method produces limited information often containing generalizations. Pierce-Eislen makes detailed, standardized data on specific properties and markets immediately available to information users.
- Submarket Data: Pierce-Eislen provides in-depth information at the market, and neighborhood level – according to a data user's need. As example, Pierce-Eislen's proprietary format allows a subscriber to "drill down" into property-level, detail comparing rental rates among properties of the same type, eliminating information not holding relevance to a user's search criteria.
- Context® rating system: Pierce-Eislen's patented Context® rating system is the real estate industry's first, and only, statistical scoring model. Properties are classified as to type for both improvements and locations. A Context® rating references a series of variables in determining a property's improvements', or a location's relative utility. The Context® rating system provides the apartment industry's only common-denominator format for comparing one property with another, or one submarket's value with another.
- Owner/Management Contact Information: Pierce-Eislen reports include specific property owner contact information, allowing subscribers to directly access decision makers – a quality unique to the Pierce-Eislen service.