Data Management - Level 2 Flashcards
Can you explain your role in data management while working in the valuations team? How did you contribute to the collection and organization of data for the project you were working on?
Describe the process you followed to obtain and carefully store relevant documents such as tenancy schedules, service charge budgets, preliminary work documents, and building survey reports. How did you ensure the accuracy and accessibility of this data for use in the valuation and final report?
Explain how you sourced and managed comparable evidence from external sources like Co-Star and your firm’s internal investment database. How did you identify the most relevant comparables and verify their reliability for use in the valuation process?
Discuss your experience in contacting leasing and investment agents to confirm transactions, obtain opinions on rental values, and gather market knowledge. How did you initiate and maintain these professional relationships to enhance your data collection efforts?
Can you explain how you organized and presented the gathered data in a presentable format? What specific tools or techniques did you use to create tables or other visual aids for inclusion in your valuation report to clients?
Reflecting on this experience, what challenges did you encounter in managing and organizing data for the valuation project? How did you mitigate these challenges and ensure the accuracy and integrity of the data throughout the process?
What lessons have you learned about the importance of data management in the valuations team, including the significance of accuracy, organization, and data security? How did you ensure compliance with data protection regulations and company policies in handling sensitive client information?
Can you explain your role in data management while working in your agency role? How did you contribute to compiling and updating a database of available space in the City office market?
Describe the process you followed in calling agents to verify rents, particularly when there was a Price on Application (POA) attached to the rent. How did you update the database based on the information obtained?
Discuss your role in updating the database with information on let floors and differences in rent when a CAT B+ solution was offered by the landlord. How did you ensure the accuracy and completeness of this information in the database?
Can you explain your responsibility in tracking developments in the pipeline and regularly contacting appointed agents for brochures and additional information? How did you ensure that this data was incorporated into the database for future client acquisitions?
Describe the security measures you implemented to ensure the integrity and confidentiality of the data in the database. How did you manage password protection and access control to ensure only authorized individuals could access the data?
Reflecting on this experience, what challenges did you encounter in managing and updating the database? How did you overcome these challenges to ensure the accuracy and usefulness of the data for client presentations?
What lessons have you learned about the importance of data management in the agency role, including the significance of accuracy, organization, and data security? How did you ensure compliance with data protection regulations and company policies in handling sensitive client information?
