Submitting your property data couldn’t be easier. IREM’s partner, Lobby CRE, has improved the data collection process making it easier than ever. Have twenty or more properties? Our client success team can help input the data for you. Lobby CRE Specialists can also do a one-time setup and automate quarterly data submissions. All data is anonymous.
The best part? For every building data you submit, you get a FREE digital I/E IQ benchmark report. New for 2023, we’ve expanded our partnerships. We’re collecting data from Building Owners and Managers Association (BOMA) International as well as IREM members and National Apartment Association (NAA) members. We’re going wide and deep to better serve you with a more robust I/E IQ!
Submit data by May 31
How do I submit data?
- If you’re an existing user: Access I/E IQ to submit your 2022 building data, or to add more buildings. If you have 20 or more buildings, we have made it even easier with our high-volume submission response team. Please contact us directly at: incomeexpense@irem.org.
- If you’re a new user: Getting started takes just a few minutes. Once you register, follow the tutorials to get your property data submitted. We’ll show you how to set up your account, add your property information, and submit your data. Have data for more than 20 properties to submit? Please contact us directly at: incomeexpense@irem.org.
High-volume submissions
If your organization plans to submit data on 20 or more buildings, we'd like to offer you support to onboard the new system by connecting you with the Lobby CRE team. Please contact us directly at: incomeexpense@irem.org. Our partners at Lobby CRE will then reach out to you directly to initiate your onboarding.
Your data is always anonymous. Data included in the benchmarking analysis will not indicate where it came from and Lobby CRE’s platform is fully encrypted so your data is safe. You’ll always have access to your own data. Have questions? The Lobby CRE team is available to help along the way with any questions. Simply reach out to support@lobbycre.com.
Submit your data
What is Income/Expense IQ?
Income/Expense IQ provides you with nationwide, real-time property benchmarks—giving you actionable insights to identify opportunities and optimize financial performance. Download benchmarks in one, five, ten, or all metro areas to pinpoint opportunities to enable you to operate more efficiently and drive value for your owners and tenants.
Compare the performance of your properties in real-time, collaborate with your team, and filter data through our online, interactive dashboard. Benchmarks reflecting 2020, 2021, and (later this year) 2022 data are available for three asset classes and grow every year:
- Conventional apartment
- Office
For answers to many additional frequently asked questions, please click here.
Looking for a video tutorial on using the new platform? Please click here.
Try Income/Expense IQ
Property data you need - how you need it
I/E IQ provides you with a dashboard to access benchmark data. Select from asset type and MSA to gain property performance insights. Users can even download financial comparison benchmarks into Microsoft® Excel which includes:
- Total Income: Gross rents, loss/gain to lease, gross potential rent, rent adjustments, net effective rent, other income, and other important revenue inputs
- Total Operating Expenses: Operating expenses, management fees, leasing expenses, repairs and maintenance, utilities, taxes and insurance, and other important expense inputs
- Net Operating Income (NOI)
Who benefits from I/E IQ?
Having real-time income and expense data on asset classes within comparative metro areas provides insights to the entire property management team. Empower your staff and management team with nationwide data to make better business decisions to enhance the value of the property. The I/E IQ platform delivers market intelligence, including expenses like maintenance, repairs, and amenities upkeep. Owners and investors will appreciate you. And so will tenants and occupants. Sharpen your I/E IQ to benefit:
- Management teams
- Owners and investors
- Tenants and occupants
Expanding our partnerships