Property Selection

Property selection is a process used for specifying the needs and criteria related to a real estate acquisition transaction. In this process, each criterion is prioritized with a weight value, based on the importance to the acquisition initiative. On the line items, the user selects properties from the prospective properties and rates each property according to acquisition needs and criteria.

The information collected during this process is used to automatically calculate a score for each property under consideration. The score enables the user to make an informed decision about a prospective property.

Note: An additional process is included to complete the transaction and include the property in the real estate portfolio by automatically creating the property and placing it in the proper location in the overall real estate portfolio hierarchy.

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