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Rethink Spring 2022 Release Notes - v3.18.4
Rethink Spring 2022 Release Notes - v3.18.4
Updated over 2 weeks ago

Table of Contents

New Functionality

  • Property Images High-Resolution Configuration Option

  • GEOsearch - New Tool for Editing GEOsearch Display Fields

  • Rethink Search - Create Comp Records from Rethink Search Results

  • Rethink Search - Allow User Assignment of Record Types in Rethink Search

  • Property Sites - Spaces/Units: Add Demographic Information From Rethink Data

  • Create New Contacts From Invoices Related List

Minor Fixes/Bug Fixes

  • Ability to Render Activity Report as PDF

  • Add Zip Code and Country to Comp Object

  • Kanban View Default in Deal Pipeline

  • GEOsearch Displays 'True' Total Number of Results Along With Displayed Results

  • Inquiry (Lead) Record Contact Sync

  • Property Sites Demographics - Adding Minimums to Low Percentages

  • Property Sites Demographics - Temporary Fix When Employment Information Does Not Return a Number

  • GEOsearch Queries for Deal Pipeline - Deal Record Pictures Not Carrying Over from Property Record

  • Fix Deal Probability in TSO (managed package) - Add Necessary Default Values for Deal Status

  • Add Zip Code and Country to Comps automation in TSO (managed package)

New Functionality

Property Images High-Resolution Configuration Option

The property image gallery previously had issues handling images with widths greater than 800 pixels. We have added a checkbox option within the configuration to help render these types of images correctly. The only consideration prior to enabling this option is that this will likely cause performance issues when it comes to loading times.

Steps for accessing this option:

  • Go into Setup

  • Type “Custom Settings” into the Quick Find search box, then click on Custom Settings

  • Click Manage next to REthink Settings option. (There will be two REthink Settings options in the list - choose Manage next to the one with Settings Type as List)

  • Click Edit next to Default

  • Scroll down to the bottom of the page and locate “Image Gallery Image Upload Size”

  • Input the new pixel size for the image

  • Click Save

Screen_Shot_2022-03-15_at_10.07.07_AM.png

New Tool for Editing GEOsearch Display Fields

Screen_Shot_2022-03-15_at_10.23.03_AM.png

Create Comp Records From Rethink Search Results

Transaction data results from property searches in Rethink Search can now be converted into Sales Comp records. For a transaction record to be eligible for comp creation, it must have a date and a sale price. Below we see how the fields will be populated from derived transaction information.

Field

Value

Deal

Blank

Comp Name

[Address] + [ Year ] + “ (Sale Comp)”

Comp Source

“External”

Buyer (Contact)

Look up or leave blank

Buyer (Company)

Look up or leave blank

Seller (Contact)

Look up or leave blank

Seller (Company)

Look up or leave blank

Property Name

Look up or leave blank

Property Class

Blank

Property Type

Property type field

Year Built

Year built field

Address

Address field

Building Size (SF)

Building sq ft field

City

City field

State

State field

Market

Blank

Submarket

Blank

Close Deal Date

Executed date field

Price (Total)

Sale price field

Price (PSF)

Price per sq ft field

Cap Rate (YR 1)

Blank

Cap Rate (Stabilized)

Blank

Below we see steps for how to find this new functionality:

Screen_Shot_2022-03-15_at_10.20.58_AM.png
Screen_Shot_2022-03-15_at_10.22.01_AM.png

Allow User Assignment of Record Types in Rethink Search

This is for users who would rather select the record type themselves (Instead of having Rethink select it for them). There is now a new configuration that disables the Rethink Search Auto-Assign Record Type feature.

When this feature is disabled and the user saves a property to their database from Rethink Search, they can now choose the desired record type rather than Rethink automatically selecting it for them - see image below.

Screen_Shot_2022-03-15_at_10.28.02_AM.png

Instructions for enabling this feature are shown below.

Screen_Shot_2022-03-15_at_10.34.09_AM.png
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Screen_Shot_2022-03-15_at_10.34.42_AM.png

Spaces/Units: Add Demographic Information from Rethink data to property sites

The Property Sites feature for Spaces/Units now contains the same demographic functionality that properties has.

Create New Contact from Invoices Related List

The Invoices related list in Deal Pipeline now allows users to create new contacts for invoices. Additionally, users will be able to lookup all contacts.

Screen_Shot_2022-03-15_at_10.38.50_AM.png
Screen_Shot_2022-03-15_at_10.40.20_AM.png
Screen_Shot_2022-03-15_at_10.41.02_AM.png
Screen_Shot_2022-03-15_at_10.41.41_AM.png

Duplication management will be handled by Salesforce's default Duplicate Management tool. Below are the steps for the system admin to enable this:

  1. Go to Setup → Quick Find → Duplicate Rules

  2. Click on Standard Rule for Contacts with Duplicate Lead

  3. Activate

Minor Fixes/Bug Fixes

Ability to Render Activity Report as PDF

In Deal Pipeline, the Send Activity Report feature now allows functionality to download the report as a PDF.

Screen_Shot_2022-03-15_at_10.44.13_AM.png
Screen_Shot_2022-03-15_at_10.44.38_AM.png

Add Zip Code and Country to Comp Object

Zip Code and Country are now default fields in the page layout for Comp records.

Kanban View Default in Deal Pipeline

Note: this change only pertains to new clients/new orgs; Existing clients who want this enabled can have their system administrator make this change via the page layout configurations (reach out to support if instructions are needed).

Deal Pipeline will now be set to the “Kanban” view by default.

Screen_Shot_2022-03-15_at_10.47.07_AM.png

GEOsearch Displays 'True' Total Number of Results Along With Displayed Results

Previously, when querying results in GEOsearch, the result number was based on the scoped “view” or “zoom in” for the proximity of the map. GEOsearch will now display the true number of results next to how many are currently being shown based on the zoom proximity of the map. This will provide our users more accurate information regarding their query.

Screen_Shot_2022-03-15_at_10.52.30_AM.png

Inquiry (Lead) Record Contact Sync

Inquiries (leads derived from the Property Sites feature) will now associate with existing contacts in Rethink. Contact and Inquiry (/Prospect) records are matched based on email address.

Property Sites Demographics - Adding Minimums to Low Percentages

Corrected issues with the way the demographics information was displaying for both Property and Space/units.

Property Sites Demographics - Temporary Fix When Employment Information Does Not Return a Number

Previously, the demographics tab in Property Sites would display a 0% if our external data partner was unable to provide statistics on employment for the zip code associated with the property. We have added logic to hide this 0% display bar graph to avoid misrepresenting the missing information in this demographics page. This is considered a temporary fix as we plan to create logic to estimate this information when employment data is missing.

GEOsearch Queries for Deal Pipeline - Deal Record Pictures Not Carrying Over from Property Record

Previously, users experienced an issue where they would look up deals in GEOsearch and the image for these deals was not populating. We have corrected this so it pulls the image from the property record. The feature is turned off by default for performance.
We have added a checkbox option within the configuration to help render these types of images correctly. The only consideration prior to enabling this option is that this will likely cause performance issues when it comes to loading times.

Steps for accessing this option:

  • Go into Setup

  • Type “Custom Settings” into the Quick Find search box, then click on Custom Settings

  • Click Manage next to REthink Settings option. (There will be two REthink Settings options in the list - choose Manage next to the one with Settings Type as List)

  • Click Edit next to Default

  • Check the option “Enable Deal Display Property Images”

  • Click Save

Screen_Shot_2022-03-15_at_11.54.24_AM.png

Fix Deal Probability in TSO - Add Necessary Default Values for Deal Status

Note: This fix only applies to new clients/orgs

Previously the logic for this percentage was not correctly set. The fixed deal probability is now always defaulting to 0 when not in the proposal stage.

Add Zip Code and Country to Comps automation in TSO

Note: This fix only applies to new clients/orgs

Zip Code and Country are now autogenerated as part of the Process Builders that automatically generate Comps from closed deals.

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