So we have a transaction sheet where we basically collect all the sales transactions, right? Sales, rental, transaction, everything you guys sell, all the leads that you close are tracked within the transaction data report, right? So I looked at the transaction data report, got my head around it, right? Tried to understand, okay, how can we basically take that report and give you something actionable which you guys then can use to service your clients better? And we came up after a couple of weeks of playing around, like, speaking to different people, different agents. Brandon we created a sales transaction report, right? So if you look, we actually created two reports. One is the sales transaction report and one is the rentals transaction report, right? Same concept.
Like, all your transactions from the year 2023 are saved here, right? So for the sales transaction report, all the regional sales agents will have access. So basically, if you in Pukett, you’re a sales agent, you will have access to the poket data for sales and for rental. Why also rentals? Because we know that some of the clients, when they buy a property, they’re also looking at their yield opportunity, right? How much can I sell out my property? How much do similar properties rent out in the market? Right? So this data is like basically source of truth, right? So if you have a conversation with a client and they’re looking for something specific, very simple, very straightforward to tell them, hey, actually this is the data, right? This is actually the sales data in the market.
And before I show you the sales report transaction report, let’s look at an example, right? We have an expert couple in Phuket. They’re looking to rent a two bedroom condo, preferably in Kamala Patong Karon, and they’re looking at minimum 75 square meter, and their budget is somewhere between 30 to month, right? So this is like an example, and we’re going to look at the dashboard now to see how the dashboard can help us in providing them with some interesting insights. So this is the rentals dashboard.
As you can see here, here at the top, you can see there are various filters. So here you have a unit size square meter filter. So based on the couple, I think they were looking for like 75 square meter minimum.
So let’s select 75. So we start with 70. Then we said they’re looking to rent in Phuket.
Then they’re looking for the two bedroom apartment. And you can see already, I haven’t selected the sub regions. Right? So you could also select obviously the subregions Kamala Patong.
I haven’t selected them. And you can already see that the median rental price for a two bedroom apartment is 50,000, right? So that’s already above their budget, right? So what would be the first conversation you could have with the client? Hey, actually, for apartments in Phuket with your requirements, the median price is actually 50,000, but right, but that doesn’t mean we can’t find them something, right? So let’s select condo property type. How you can see the price went down a little bit already when you select the actual property type.
So we can see 48.5 is the actual median price, rental price in Phuket. And here you can already check the different regions within Phuket.
And you can see AHA, Kamala is 43, Patong is 50, karen is 47. Right. So you can already get a glimpse of what’s the medium price range is this something you can discuss with your client or not? And then if we look at the second tab here, then you can already see some of the projects and for what price they were going for.
Right? So if we say like the client was looking for 30 to 35,000 rental price, then we can use the rental price slide filter bar, and then you can see all properties which are below his targeted price range. Right, so then moving forward again, what could you tell him? Oh, actually these are a couple of projects which fit your price range based on the sales data we have available, right? That would be one thing. The other thing could be you go to the next tab here and you see the days on the market, right? So if you could say, for example, oh, there is this project called Beverly Hills, but actually, if there’s a unit available, it goes out very fast.
So you can create some sense of urgency for your clients. Right? So these are the basic functionalities. Over the next couple of days, Boom and Daryl will show you some other use cases.
And I assume that you guys yourself will create your own use cases, right? So I will create a group, a Google Chat group, where you guys can give me feedback about functionalities, about things that don’t work, that work, things you would like to see improved. This is like a work in progress. And obviously I need your feedback because you are the guys who are going to use it in terms of making the dashboard better, right? It’s really important for me to get feedback from you guys in terms of what should we improve, should we change? So we make it a powerful and useful tool for you guys, right? One more thing.
You can actually, if you have a client and you found something interesting in your report, you can simply download the report and share it with your client. I’m not sure how many of you guys use an iPad for your viewings, but let’s say you do. You can easily access the rentals or sales report on your iPad, bring it to the viewing, show the client he can play around, you can even send him the report when you download the report as a PDF and you can forward it to your client.
That’s it from my end for today. You already have access to the report. As I said, once I send out the email to you guys to recap this meeting, I will share the links to both rental transaction report, sales transaction report and then if there’s any issues, you can always email me.
And like I said, we will create a group and then hopefully you guys can provide me with lots of feedback. And also if you want to share use cases if you found something interesting which you want to share with the team, it’s also like a forum then to share your experience with using the tool. That’s it for today, thanks again for your time and hopefully you will find this report useful.
Thank you and have a great day.