As the real estate industry pushes forward into a data-driven future, one thing is clear: those who have true trust in their data and the pipelines that feed their insights will excel in an AI-driven future. Starting with Realcomm and throughout Cherre’s Fall Event Tour, themes of data, improving data quality, and building a foundation of trusted data for AI were on every conference agenda.
Check out our look back at the highlights from each event and the data-centric topics that took center stage.
What We Heard: The importance of data management solutions when discussing AI, and how clean, trusted data can drive smarter investment and operational decisions.
What We Were Asked: “How can I ensure my company’s data foundation is reliable enough to support the investment decisions I’m looking to make this year?”
ANSWER: It’s not just about seeing your real estate data, it’s about understanding it, getting the “why” behind your outputs and the “where” of potential problems. Ensure your data management solution delivers the transparency you need with observability and validation features. Don’t just trust your data – SEE that you can.
What We Heard: Companies like Nuveen and Cushman & Wakefield weighed in alongside Google to discuss how to enable artificial intelligence with data.
What We Were Asked: “Where do I even begin when it comes to developing a comprehensive AI strategy and assessing all the ways AI can impact my organization?”
ANSWER: Have you checked out our recently released eBook, “Whoever Wins Data, Wins AI?” In it we explain that while a full-scale technology and data strategy overhaul might feel daunting, starting with data quality and governance improvements is a practical and manageable first step.
What We Heard: The latest take on aligning financial strategies with operational excellence and just how improved data validation processes can streamline reporting, reduce compliance risks, and support predictive analytics in investment strategies.
What We Were Asked: “What should I tackle first when it comes to improving data management and operational efficiencies?”
ANSWER: While a full-scale technology and data strategy overhaul might feel daunting, starting with data quality and governance improvements as a practical and manageable first step.
What We Heard: How robust data management strategies can help organizations navigate increasingly complex international regulations and market dynamics.
What We Were Asked: “What data management strategies should we adopt to handle international real estate data complexity?”
ANSWER: Organizations should look to standardize data collection, ensure regulatory compliance, and provide robust, region-adaptable data validation and integration mechanisms.
What We Heard: MRI Agora was a hot topic for sure driving powerful insights and accelerating future capabilities were overheard throughout the event.
What We Were Asked: “How can we optimize data quality to maximize the benefits of integrated platforms like MRI Agora?”
ANSWER: Comprehensive insights aren’t just about business intelligence tools and colorful dashboards, it’s about starting with the best data – data that you can trust. This will require integrating data across client systems and third-party market data. That data needs to be modeled and validated to be trusted within Agora.
What We Heard: Hooray for data standards!!! Ok, maybe we’re paraphrasing, but there was continuous excitement for the announcement of RETTC’s partnership with OSCRE and Cherre to address the multifamily sector’s challenges when it comes to data standardization.
What We Were Asked: “How will data standards address the dire need for transparency to help inform business strategies and trust the data they are built around?”
ANSWER: Industry stakeholders such as owners, managers, and listing services will have a consistent data model to facilitate appropriate data sharing across the entire resident journey; and consumers will have complete transparency into their charges and fees in a consistent manner.
What We Heard: A variety of ways data quality underpins AI and machine learning initiatives.
What We Were Asked: “Tell me more about Data Bootcamp and how I should use this to build out my 2025 data and analytics capability roadmap.”
ANSWER: Our Bootcamp is an on-demand, self-guided series designed to give you everything you need to master your data journey—at your own pace. Pick the resources that matter most to you from our must-read eBook, ‘Whoever Wins Data, Wins AI,’ to proprietary self-assessment tools like our Data Management Scorecard, and more to evaluate your current data management capability, identify gaps within your current strategies, and inform budget allocation decisions for 2025. Sign up HERE.
As Cherre wraps up a successful fall tour, we’re excited to conclude the year with two more major events: CoREtech and the Toronto Real Estate Forum on December 4th and 5th. These final stops will further our mission to empower the real estate industry to improve data quality, build trust, and unlock the full potential of their data for AI and beyond.
If you’re attending these events, we’d love to connect and continue the conversation. Let’s build a data-driven future together!
As the real estate industry pushes forward into a data-driven future, one thing is clear: those who have true trust in their data and the pipelines that feed their insights will excel in an AI-driven future.