Unlock your full potential with the most recent Income/Expense IQ benchmarks!
The Income/Expense IQ (I/E IQ) partnership has expanded in 2023 to include the Institute of Real Estate Management (IREM), the Building Owners and Managers Association (BOMA) and the National Apartment Association (NAA). I/E IQ is back with more beneficial benchmarks than ever. Benchmarks are now available for purchase.
What you’ll get:
- 2022 financial data, including benchmarks from over 4,500 conventional apartment properties in 100+ markets
- Real-time comparisons of your properties’ performance
- Filtered data in one, interactive dashboard
Not sure how to start? Review the "How to submit your data" steps below.
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
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’.
Access I/E IQ to submit your 2022 property data and/or add more buildings.
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 June 1, Lobby CRE’s team of data experts prepare benchmarking data that will be available later this year. Data submitters will receive a complimentary 2022 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 to help along the way with any questions.
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.
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.
What should I do if I’m an IREM member who has already submitted my 2022 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. And make sure to check your spam or junk folder, just in case.
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 complimentary asset management course will I receive from IREM?
IREM is extending one complimentary asset management course to all participants in this year’s Income/Expense IQ. You’ll have the option of selecting from numerous topics, including apartments, office, industrial and more.
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.