Recent Posts by John Rice

CoreNet Global Summit 2016: CRE Technology, Innovation & the Future

It’s Wednesday, October 19, 2016 and I’m sitting on a plane returning home to Houston from Philadelphia where the 2016 CoreNet Global summit was just held. I attend and speak at quite a few CRE focused conferences every year and without doubt some of the best programming is consistently produced by CoreNet.  The reason I…
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Brokerage: Transactional to Consultative

How CRE Tech can transform a deal-driven business into an interpretive advisory   A broker receives a call from a prospective client who needs to relocate and expand his office.  This is the typical discussion: [after 10 minutes of weather, kids soccer leagues, private schools, alma-maters, the big games, and superfluous market talk]   Client:…
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Has CRE Technology made us better?

A look at how CRE tech has impacted our knowledge, skills and market Ever wonder who would win the game if the best sports team today played the best team of 20 years ago? I mean with all the innovation in fitness, training, nutrition, and equipment certainly our athletes today would dominate their predecessors, right?…
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Do I really need Lease Administration software?

A real-world look at the basics of CRE property and lease administration The direct and short answer is if you don’t already have a Lease Administration system in place, then no you don’t. Obviously life has gone on and operations are humming along without one. But if you have ten or more leases, then yes,…
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Commercial Real Estate Tech firms | why aren’t they growing faster?

The challenges of selling Lease Automation, Property & Project Management software I just read an interesting article posted on Twitter written by Konrad Putzier (CRE Tech: A Promise Unfulfilled) published by The Real Deal, New York Real Estate News. The article covers the surge in CRE-related tech startups over the last decade and how most…
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What Is Lease Administration?

Lease Administration defined I have to admit this is one of my favorite topics relative to commercial real estate. Not because it is particularly fascinating, but because it is often so misunderstood and ounce for ounce can have the most powerful impact on users of real estate as well as landlords/REITs. Lease Administration done properly…
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Do You Remember Peter Pike and his biweekly email blogs?

If you were in the commercial real estate business in the 90s, chances are you were receiving his emails. His no-nonsense commentary about the CRE industry often focused on technology at a time when the tech world was barely noticing the stodgy, sticks and bricks business. Peter had no problem taking on topics that were…
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Do Mentors make a difference? You bet! An overdue tribute to a great mentor

Lately I’ve been reading and hearing a lot about mentors and the tremendous impact they’ve had on most of today’s business leaders. I’m happy to see people vocalizing just how important having a great mentor can be in shaping our professional and personal lives. I have been blessed with the wisdom of many mentors throughout…
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Realcomm 2016: Robots, Cybersecurity & CRE Tech Trends

I recently attended the annual Realcomm/IBcon conference in Silicon Valley. For those not familiar with Realcomm, it has been and continues to be one of the best commercial real estate technology conferences in the country. The conference is held annually and showcases the most current technologies, trends and thought-leaders in our industry. This year was…
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Technology Starter Kit for Mid-Sized Companies, Part Three

In the past two blog posts, we’ve discussed many of the elements mid-sized companies should consider to transition from manual and in-house processes to CRE automation to manage their real estate holdings. The company leadership has identified the need for it, the time is right for it to be deployed in the near future, and…
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Technology Starter Kit for Mid-Sized Companies, Part Two

In the previous blog post, we identified company profiles and defined issues that best represent when it’s the right time for a mid-sized company to automate CRE workflow to manage their real estate portfolios, and how with all of the technologies in the industry, what works for one company may not work best for another.…
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Technology Starter Kit for Mid-Sized Companies, Part One

We in the CRE industry tend to focus on the larger, pioneering corporate organizations who are embracing technology to improve CRE processes and integrating it into the framework of their global enterprise decision-making. But what about the mid-sized companies who desperately need improvement and are ready to take the step to the next level, but…
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Getting Organized – Why is it Such a Challenge?

Practically from birth, I was creating messes and avoiding cleaning them. My room was a perpetual disaster, and my mother would hound me weekly to clean my room, pick up my clothes, and organize my closet. I would argue, quite convincingly, that I didn’t need my room cleaned because I was already organized. I knew…
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