Exchange Strategic Plan
Ongoing Projects
Summary Market Report
Determine frequency of Reports
Upgrade & Streamline Process
Ensure Effectiveness of Staff
Data Completeness
Volunteer Opportunities?
Fields to Focus On
Training Members
Initiatives
Expand Virtual Reality Capabilities
Estimated Time: 12 Months
Promote & Train
Gather data
Research Members interest & needs
Locate Vendor
Investment Analysis Software
Estimated Time: 6 months
Marketing to Real Estate Community
Decision on Recommendation
Research members needs & interest
Locate all investment analysis software in market
Lease Analysis Software
Estimated Time: 6 Months
Training
Marketing to Members
Negotiation with Provider(s)
Decision on best way to obtain
Offer at group rate
Purchase preferential pricing (subsidize)
Purchase for all users
Research members interest level
Appraisers Data Integration
Possible ideas from ADN
Offering to buy Xceligent developers time
Aerials Link on MNCAR Website
Estimated Time: 1 Month
Work with Soft Developer
Email Enhancement
Estimated Time: 4 Months
Train Users
Test Market System
Manage Development
Solicit Proposal from Soft Developer
Staff - Adam
Determine Support Structure
Gather requirement enhancements
Staff - Dara/Adam
Markets Expansion
Other Markets
Brainerd/Lakes Area
Mankato
Duluth
Rochester
Western WI
St. Cloud Expansion
Estimated Time: 6-8 Months
On-going Data Collection
Decide on Additional Services
Partner with Local Association
MNCAR Local Meetings
Train local brokers
Trainer
Market to Real Estate Community
Emmulate Twing Cities Markeitng Plan
Enter data
Drive market
Define area and buildings
Work with local brokers
Quarterly Meetings with Local Brokers
Create Local Taskforce
Determine Pricing
Select manager of project
Work with St. Cloud State for Project staffing
Demographics
Undetermined Costs and Feasibility
Fits in to Phase 2 of Retail Initiative
Tied in to System
Retail Initiative
Estimated Time: 2 Months
Improve Xceligent System
Marketing to Retail Brokers
Training Retail Brokers
Staff - Trainer
Ongoing Data Collection
Scrubing of data - Volunteer?
Staff to gather & input data - Research Staff
Lower Volunteer Participation
Phase 1 Data Collection
Staff to Input Data - Research Staff
High Volunteer Participation
Priorities Based on Value Decision
Member Perception & Importance
Competitive Advantage
Follows Mission & Vision Statements
Time to Finish Project
Staff Resources
$ Costs
Objectives
Educate members on robustness and features of systems
Maximize quality of data and use in variety of beneficial ways
Continually evaluate new & enhanced member offerings
Know membership needs and perceptions of services
Run Exchange like a business
Vision Statement
More User-Friendly & Efficient
More Data & its Analysis
More Services
Mission Statement
Provide members with training on database systems and how best to utilize tools and processes.
Provide members with information on real estate properties, transactions and users.
