How to save money with internal real estate benchmarking
Comparing your real estate costs to similar banks via industry reports can give you a general idea of where your spending lies on the spectrum. However, to truly realize potential savings, it's important to dig deeper into your own real estate footprint. By understanding the complexities of your costs across locations, business units and branch types, you can truly comprehend your bank's total cost of occupancy--and then identify and execute on areas to save.
The infographic below provides an overview of opportunities available for banks that benchmark real estate costs, and you can download a free paper that dives deeper into the details.
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Want to learn more about benchmarking your bank's real estate costs? Download our free paper for details.