APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • CXO Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Business Intelligence
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Business Intelligence
    Editor's Pick (1 - 4 of 8)
    left
    BI & Analytics in Aquaculture

    Matthew Leary, CIO, Tassal Operations

    Need and Challenges of Business Intelligence for Small and Medium Enterprises

    Ashok Jade, CIO, Shalimar Paints

    Managing a Major System Change to Reap Organizational and Business Rewards that Extend beyond Technology

    Christopher Dowler, CIO, IAT Insurance Group

    Customer Data Driving Success

    David L. Stevens, CIO, Maricopa County

    Advantages of Cloud Computing for Data Analytics

    Colin Boyd, VP & CIO, Joy Global

    Is Deep Learning Overhyped?

    Ofir Shalev, CTO/CIO, CXA Group

    Technology Trends that will Shape BI in 2017

    Ramesh Munamarty, Group CIO, International SOS

    SNP: The Transformation Company: Modernizing Businesses

    CEO

    right

    The Role of Business Intelligence in Shaping Real Estate Decisions at LJ Hooker

    Mathew Tiller, Head of Research, Economics and Business Intelligence at LJ Hooker

    Tweet

    Matthew Tiller is the Head of Research and Economics at LJ Hooker Group, where he spearheads the Research and Economics division. With a strong focus on data visualization and business analytics, Tiller has played a pivotal role in enhancing real estate market insights. His leadership helps agents, developers and investors navigate the complex property landscape with clarity and foresight.

    Through this article, Tiller highlights the importance of business intelligence in the real estate industry and emphasizes the importance of data-driven decision-making in shaping everything from marketing strategies to client interactions.

    With over 20 years of experience in the real estate industry, I began my career as a real estate agent in Dubai. This initial role ignited my passion for real estate, and upon returning to Australia, I transitioned into research with Colliers. Eventually, I became the Head of Research and Business Intelligence at LJ Hooker Group. In my current role, I collaborate with franchisees, agents, and the executive team, utilizing internal performance data alongside property market and economic data to inform decision-making. The data I gather from internal metrics and platforms like CoreLogic, REA, and Domain is processed and visualized using Power BI and Excel to provide a comprehensive view of market trends and performance.

    Challenges in Data Accuracy and Analysis

    One of the biggest challenges is managing and ensuring the accuracy of the vast amounts of data collected from various sources, such as LJ Hooker offices, government agencies, and property market providers. Timeliness is essential, as the real estate market evolves quickly. Striking a balance between precision and speed is crucial because agents rely on both accurate and actionable insights to respond effectively to market shifts.

    Impact of Technology Advancements on Business Intelligence

    Technological advancements, particularly in PropTech, have significantly changed how I analyze market trends and consumer behavior.

    Tools incorporating AI and machine learning help process vast data efficiently, enabling us to identify trends that influence decision-making across the LJ Hooker network. In Australia, PropTech platforms automate tasks such as lead generation and market analysis, allowing agents to provide clients with real-time updates. This technology not only streamlines processes but also helps agents focus on building strong client relationships by automating routine tasks, such as generating market reports.

    Key Considerations for Integrating Business Intelligence Systems

    When integrating new business intelligence systems, ensuring seamless compatibility with existing infrastructure is critical. Data privacy and security must be maintained, particularly when handling sensitive customer information. Additionally, new systems need to be user-friendly to enhance adoption by agents and franchisees and scalable to support growth across our network of over 400 small businesses.

    When integrating new business intelligence systems, ensuring seamless compatibility with existing infrastructure is critical. Data privacy and security must be maintained, particularly when handling sensitive customer information

    Business Intelligence and Its Influence on Corporate Culture

    Business intelligence plays a pivotal role in fostering a data-driven culture at LJ Hooker. By promoting informed decision-making, data insights help shape everything from marketing strategies to client interactions. Reliable data fosters trust among teams and clients, leading to better outcomes, whether in residential sales or commercial property management.

    Future of Business Intelligence and Consumer Behavior

    As consumer expectations evolve, especially with the rise of digital platforms, the demand for faster, more personalized services is growing. Business intelligence must adapt by providing real-time data to agents, helping them offer relevant insights. For instance, first-home buyers need affordability data, while investors seek up-to-date information on rental yields. As the market becomes more competitive, the ability to offer such detailed insights will be essential for agents.

    Advice for Aspiring Business Intelligence Professionals

    For those starting in business intelligence, gaining experience with diverse data sources is key. Understanding how data impacts business decisions, especially in real estate, is crucial. Equally important is the ability to communicate findings clearly, ensuring that data insights are actionable and relevant. Continuous learning through both formal and informal channels will keep you evolving in this dynamic field. Above all, enjoying the process of working with data is essential for long-term success in business intelligence.

    tag

    Machine Learning

    AI

    Weekly Brief

    loading
    Top 10 BI and Analytics Consulting/Service Companies - 2020
    ON THE DECK

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Loading...
    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://business-intelligence.apacciooutlook.com/views/the-role-of-business-intelligence-in-shaping-real-estate-decisions-at-lj-hooker-nwid-10411.html