Income/Expense IQ

New users 

Get started in just a few minutes by registering, then follow the tutorials to get your data submitted. We’ll show you how to set up your account, add your property information and submit your income/expense data. 

After submissions close on July 28, Lobby CRE’s team of data experts prepare benchmarking data that will be available later this year. Data submitters will receive a token on their accounts for complimentary 2024 benchmark report which includes apartment income/expense data for all markets. 

Your data is always anonymous, and you’ll always have access to it.  

Still have questions? Reach out to Lobby CRE Team for help with any questions. 

Existing users  

Eliminate submitting your data every year with our convenient automated solution. A Lobby CRE specialist can automate your data submission for each property, so you won’t miss the deadline, completely free of charge. We have a direct connection to bring in the necessary reporting from the PMS automatically. As a bonus, with ‘one time setup,’ you will have access to our more frequently updated benchmarks to track market trends & performance faster than ever before. Reach out to the Lobby CRE Client Success Team to activate the ‘one time setup.’ 

-OR- 

Access I/E IQ to submit your 2024 property data and/or add more buildings. 

High-volume submissions 

Organizations submitting data on 20 or more buildings will receive onboarding support for the new system by connecting you with the Lobby CRE Team. Please contact us directly at: [email protected]. Our partners at Lobby CRE will then reach out to you directly to initiate your onboarding. 

Will everyone be able to see my data once benchmarks become available? 

No, data included in the benchmarking analysis later in the year will NOT indicate where it came from and Lobby CRE’s platform is fully encrypted so your data is safe and anonymous. 

What should I do if I’m an IREM member who has already submitted my 2024 data? 

You are all set. You do not need to submit your data again.  

When will the benchmarking data become available? 

You will receive an email from us once the benchmarking data becomes available. Make sure to check your spam or junk folder, just in case. 

How do I purchase benchmarks? 

To purchase benchmarks, set up your account. The platform will then guide you through accessing and utilizing the benchmarks. 

Want to see more information on accessing benchmarks and creating dashboards? Log into the platform for helpful tutorials. 

Current Data Availability 

• 2023 Data: The most recent Income/Expense benchmarking data available. See "Purchase Benchmarks" below to purchase the 2023 data.

Additional Information 

• Most Recent Comprehensive Summary: No Relief from Expenses: 2023 Summary
• Metro Area Breakdowns: View a list of the metro areas available for 2023 I/E IQ benchmarking data.

Benchmarks are available for purchase within the portal by metro area and asset class.

• One metro area: $49 
• Five metro areas: $199 
• Ten metro areas: $349 
• All metro areas: $499 
  

New to I/E IQ?

Step-by-Step Video Guide on Purchasing and Accessing Benchmarks

As an existing I/E IQ Member, you’ve made the wonderful choice to utilize the platform to optimize your bottom line. If you’ve submitted your 2023 financial data, then you’ll receive a token applied to your account to receive your complimentary benchmarks.  

Lobby CRE 

1. Sign-in to your account. 

2. Access the marketplace to purchase your Income/Expense IQ Benchmark(s).  

3. Your Universal Token will give you access to all MSAs in a property type class for one specific year.

Lobby CRE helps real estate firms transform their portfolio with intelligent data and portfolio management. Have access to all your data sources and automated reporting of performance across all your properties with one platform. With Lobby CRE, you’ll easily be able to answer, “What is happening in my portfolio? Why is it happening? How should I take action?” with just a few clicks. 

Keeping costs down and maximizing revenue are fundamental to every property manager’s role. Property managers must prioritize keeping expenses low and revenues high by minimizing expenses, better budgeting & investments, cost controls & forecasting and more. Income/Expense IQ is powered by Lobby CRE's platform and includes data from BOMA and NAA to provide the most comprehensive property data benchmarking tool available in the United States. Participants will learn how the combined efforts of these organizations has been applied at properties to forecast operational expenses, plan for capital expenditures and maximize NOI. 

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