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Experience Exchange Report (EER)
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Yes, it’s EER Survey time…your opportunity to benefit your owner and your tenants as well as the entire commercial real estate industry by sharing your building’s data for the industry’s most important resource on income and operating expense information.
Let’s Pull Together…Your Participation is Important!
Just individuals work together to achieve their team’s goals, data from individual buildings is brought together in the Experience Exchange Report®, the most comprehensive resource for evaluating a building’s financial performance relative to its market peers. Remember, all data is kept in strictest confidence and only market–level information is published.
Go to the survey now.
EER data is the core of BOMA’s recent Economic Impact Study. This powerful resource shows that the office building industry is a significant contributor to the nation’s economic engine and enables BOMA to lobby successfully on your behalf.
BOMA International has created a LinkedIn Experience Exchange Report® (EER) Group just for you. By joining the EER Group, you will have a place to share information and dialogue with other EER users throughout the U.S. You will also find timely tips, resources and benchmarking strategies.
Join BOMA´s LinkedIn EER User Group today to check out the latest benchmarking tips. |
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Quick Links
How is data collected?
Office building income and expense data is collected annually through the EER Online Survey. The 2012 EER Survey opens January 17, 2012 and will be available through April 6, 2012. BOMA International collects actual income and expense values, aggregates the data and presents the information in terms of averages, medians, upper and lower quartiles for aggregate markets. Data shared from industry submitters is kept in strictest confidence; only aggregate market-level data is reported.
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Who participates in the EER survey?
The EER compiles and reports on commercial office buildings, corporate facilities, medical office buildings, and public sector office buildings.Participation is NOT limited to BOMA members. Any office, corporate facility or medical office building can submit data. The EER does NOT include any data on industrial office buildings, hotels, apartments/multi-family buildings, or shopping centers.
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How easy is it to submit data?
Sharing your data has never been simpler. Our online survey is a step-by-step process that’s easy to follow.
- Completing the survey should take just about an hour.
- Detailed instructions will guide you through each line.
- If you wish to submit your entire portfolio, we have even easier tools. You can export data form your accounting system to our Portfolio Submission Form! Download the bulk submissions form directly from the EER Survey website.
- You don’t have to fill out the whole form at once; you can save your submission as you go, and finish it any time before April 6, 2012.
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What are the benefits of submitting data?
Submit your data to the 2012 EER and you’ll get….
- A FREE expense performance comparison analyzing how your building compares to its peers in your market.
- Savings of 25% or more all EER product purchases
- Access to the 2012 reports and analysis first—with special VIP notification as soon as the analysis is ready in June!
- By participating in the EER you’ve fulfilled one of the prerequisites for applying to the BOMA 360 Performance Program®.
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Why submit your data to the EER?
- In the current market, building performance is of paramount importance, and the EER is hands-down the most comprehensive resource for evaluating a building’s financial performance relative to its market peers.
- Our data encompasses nearly 1 billion sf of office space across more than 275 markets in the U.S. and Canada—more than double the number of buildings represented in any other industry survey. .
- EER analysis is independent, third-party, verified data.
- EER data is used by BOMA to identify market trends and to successfully advocate on behalf of the industry on the federal, state and local levels, when governing bodies consider regulations that could affect the financial performance of the industry.
Return to top Helpful Documents to have on hand
- 2011 Year End Financial Statements—unaudited figures are acceptable
- Utility Bills—Electric, Gas, Water
- Your Chart of Accounts
- BOMA’s Chart of Accounts, which is referenced throughout the survey and available for download under the “Help” tab on the EER Web site.
- A Building Lease, which should stipulate the method of floor measurement used for the building
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Is Your Office Building Up to Par?
Quick Links
What are the EER’s Performance-enhancing Features?
Need to keep your asset on par? A subscription to the 2011 Experience Exchange Report® is just the strategy you need. You’ll…
- Get the most comprehensive data available anywhere— Data from more than 6,500 buildings and 278 markets. Market Reports for 140+ cities.
- Access data 24/7 anywhere you have the Internet. No more bulky books or CDs. Simply log on, search your markets, and your reports appear. You can use the data faster and in more ways than ever before!
- Quickly find the data you need to manage your buildings. Custom search features allow you to generate reports and analysis that match your property profile.
- Expedite budgeting and analysis, and create reports and presentations. Why start from scratch? The ability to import data tables in both PDF and Excel formats to create reports and presentations helps you streamline this important, but time-consuming, process.
- Chart performance trends. Prior year reports are also available and allow you to track performance year-over-year within a given market or nationally.
- Purchase only what you need and save money! Select and purchase only those market reports you need. Whether you need one or two markets, or reports for all cities represented, you’ll be able to purchase just what you need, for yourself and your entire staff, easily and affordably, all in one transaction.
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How can the EER make your job easier?
Get the versatile and powerful operating performance data and analysis you need to….
- Build better budgets and pro formas
- Track key asset performance indicators—taxes, utilities, repairs/maintenance, cleaning & more
- Evaluate income and expenses in new markets
- Analyze and underwrite acquisitions
- Identify ways to trim expenses and bolster NOI
- Evaluate and refine operating strategies
- Perform scenario planning and forecasting
- Communicate metrics to owners, investors and tenants more effectively
- Verify market data from brokers
- And much more!
Drive it Home with the EER…
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What Kind of Data Can You Get?
The EER is the most comprehensive resource for financial performance information on private and public office buildings in the U.S. and Canada. It’s the only research product on the market that features analytical studies of national trends and market-level reports including those for special use facilities, such as medical office buildings, corporate facilities, financial buildings, agency managed and all electric buildings.
The 2011 EER tracks income and operating expenses from 6500 buildings across North America including…
- office rents
- retail and other rental income
- telecom and wire access income
- real estate taxes
- energy and other utilities costs
- repairs and maintenance
- cleaning
- administrative costs
- security
- roads and grounds
- and more.
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Who uses the EER?
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- Property Owners
- Property Managers
- Brokers
- Asset Manager
- Investors
- Appraisers
- Service Providers
- Engineers
- Consultants
- Economists
- Researchers/Analysts
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What do EER Reports cost?
Buying your EER subscription is more affordable, flexible and easier than ever. Need one or two markets, or reports for all available cities? No problem. Customize and buy your subscription based on your needs and your entire staff’s all in one easy transaction. Want to learn more about group and company-wide subscriptions? Call 202-326-6346.
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Single market |
$105 |
$139 |
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Each additional market |
$23 |
$54 |
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Full access |
$210 |
$299 |
Subscribe to the 2011 EER Today
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How is data collected?
Office building income and expense data is collected annually through the EER Online Survey. The 2011 survey closed in early April. BOMA International collects actual income and expense values, aggregates the data and presents the information in terms of averages, medians, upper and lower quartiles for aggregate markets. Data shared from industry submitters is kept in strictest confidence; only aggregate market-level data is reported.
Return to top Who participates in the EER survey?
The EER compiles and reports on commercial office buildings, corporate facilities and medical office buildings. Participation is NOT limited to BOMA members. Any office building can submit data. The EER does NOT include any data on industrial office buildings, hotels, apartments/multi-family buildings or shopping centers.
Return to top Get your EER subscription now
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Who produces the EER?
Starting in 2009, BOMA International has collaborated with the well-respected industry research firm Kingsley Associates to produce this powerful, new online edition of BOMA’s EER. The EER remains a BOMA product. Kingsley Associates is assisting in the collection, analysis and reporting of data.
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Contact Us
For questions regarding the EER, please contact:
Tracy Glink
Manager of Research
(202) 326-6346
tglink@boma.org
If you are having technical issues* please contact Kingsley Associates.
(770) 908-1220
*If you experience an error message inside the system, please capture the error message and email it in, rather than
calling.
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