Exchange Strategic Planning

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Exchange Strategic Plan

Ongoing Projects

Summary Market Report

Determine frequency of Reports

Upgrade & Streamline Process

Appraisers Data Integration

Ensure Effectiveness of Staff

Data Completeness

Fields to Focus On

Training Members

Initiatives

Demographics

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

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

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

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

Train local brokers

Market to Real Estate Community

Enter data

Drive market

Define area and buildings

Work with local brokers

Select manager of project

Work with St. Cloud State for Project staffing

Retail Initiative

Training Retail Brokers

Staff - Trainer

Ongoing Data Collection

Staff to gather & input data - Research Staff

Lower Volunteer Participation

Phase 1 Data Collection

Staff to Input Data - Research Staff

High Volunteer Participation

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

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.