Suggested On-Market/Available Properties Matching an Inquiry/Requirement Record
There is a new component that suggests a collection of properties that are marked "For Sale" in the Listing Status field within the property record and/or its Date Available is equal to or older than today's date. The logic and weight percentages that drive the component are displayed below:
Fields to match in Inquiry/Requirement record | Fields to match in Property record | Field Prioritization Percentage |
Property Class | Property Class | 5% |
Min Purchase Price | Price (total) | 0% |
Max Purchase Price | Price (total) | 25% |
Min Cap Rate | Last Cap Rate (%) | 5% |
Date Space Needed | Date Available | 5% |
Max Rent (Amount) | Rent (monthly) OR Rent (annual) | 20% |
Max Rent (Unit of Measurement) | Rent (SF/Month) OR Rent (SF/Year) | 5% |
Lease Structure | Market Lease Structure | 10% |
Min Square Footage | Available SF | 25% |
Max Square Footage | Available SF | 0% |
Below demonstrates what the component looks like in action and what the different parts illustrate.
The radio button next to the suggested properties allow users to create a new deal for that property (and associate the inquiry to the newly created deal). Or alternatively, associate the inquiry to an existing deal that is tied to this property.
Clicking on Existing Deal will open a module with a deal lookup field; The user can then tie this inquiry to an existing deal. Note: The user will need to know in advance which deal they want to associate the inquiry to in order to proceed.
Clicking on the second option Create New Deal will open a module for the user to create a new deal to associate with the inquiry and selected property.
NOTE: Add the Inquiries/Requirements tab to the navigation bar for easy access to the object.
The "Property Selection" component may also need to be added to any existing inquiry page layouts (Setup > Edit Page > drag/drop "Requirements/Inquiries Match Properties"):