27 May 2020
5 Quick Tips for Maximizing the Value You Get from Conducting Real Estate Research
1. Cast the widest net possible
The most important part of conducting research is having access to the information you need. In real estate, this can range from property records and deeds to news, industry, and company information. Nexis® for Real Estate puts more than 40,000 news and business sources, plus 82+ million public records, at your fingertips. Instead of a time-consuming scavenger hunt across the open web, you can conduct comprehensive real estate research, quickly and easily.
2. Narrow your search parameters
Finding the exact piece of information you’re looking for in a sea of documents is your next challenge. Whether you want to begin your research with a natural language or advanced Boolean query, Nexis for Real Estate makes it simple to refine your search results with pre-search filters to limit the scope of your search. Post-search filters allow you to narrow results further, thanks to topic tags and other metadata added to the content using LexisNexis® SmartIndexing Technology.
3. Research public records efficiently
Connecting the dots between billions of public records takes time if you’re doing it manually. LexisNexis Public Records aggregates data from 10,000 sources, so you don’t need to visit multiple sites to gather information. In addition, LexisNexis® SmartLinx Comprehensive Reports identify links between people, places and properties—even when names are different—so you can track down critical connections without all the heavy lifting.
4. Use alerts to stay informed on the fly
When you’re doing ongoing or long-term research, it’s important to keep tabs on what’s new or changing. By creating Alerts in Nexis for Real Estate, you can have the latest information delivered to you at the frequency you choose—hourly, daily, weekly, or monthly. Given the constant changes brought on by the pandemic, Alerts help you stay on top of emerging threats and opportunities and keep you current with other trends that can impact your business.
5. Choose the right real estate solution
You have a multitude of resources to choose from to conduct real estate research—including free search engines. But as you know all too well, time is money. And inefficient research isn’t the only problem with relying on the open web. You also must contend with out-of-date information and questionable source quality that leads to MORE research to validate what you find. Nexis for Real Estate allows you to move from high volume to highly relevant sooner, so you can spend less time conducting research and more time using the insights you uncover to grow your business.
Check out more tips for using Nexis for Real Estate and connect with us to arrange a personalized demo.