By Meredith Beasley | Corporate Services
In one of our previous posts, we discussed the concept of consultative brokerage and how this approach is supported by corporate services and technology. It’s safe to say we only scratched the surface of this topic. So, let’s jump back in and talk more about implementing corporate services into your processes.
By Meredith Beasley | Customer Portal
On September 23, 1962, TV viewers of all ages journeyed to the futuristic Orbit City. Here, they met one of the most legendary families in TV history, The Jetsons. Viewers were given a glimpse at the charming possibilities of tomorrow, like floating buildings and flying cars, and some groovy inventions that actually exist today, like smartwatches, video chatting, and 3-D printing.
Though the show only aired for one season, The Jetsons still remains an iconic symbol of our vision of a dreamlike future and the technology that comes along with it.
Compared to the day we got to “Meet George Jetson,” technology has rapidly advanced and left its impact on our processes and business practices. Take the commercial real estate industry, for example – sure, our buildings don’t float, and we can’t fly to work, but advancements like digital signatures and “smart” buildings have transformed our interactions and business cycles.
By Meredith Beasley | Lease Abstracting
When was the last time you built a puzzle? It may have been a rainy day or a long vacation, but no matter the occasion, we all start off the same – you open the box and dump the pieces out on the table. From there, we all employ our own building strategy. Some start with the corner pieces and build the frame, while others take the time to sort out all of the pieces by color or pattern.
Lease abstracting is a lot like a puzzle. You start out with all the pieces – terms, rent schedules, options amendments and assignments – and get to work piecing together the final pretty picture, an organized portfolio. Just like building a puzzle, everyone has their own approach or strategy to abstracting, because leases come in all shapes and sizes, and sometimes show up with a missing piece.
No matter if you’re just learning how to abstract or are a seasoned expert, we wanted to share some of our favorite tips and tricks to get that “picture perfect” lease abstract.
By Meredith Beasley | Lease Administration Software
2019 has been filled with several breaking news stories and unique trends, including college admission scandals, Area 51 memes, and more superhero movies that I can count. In the midst of these emerging events and stories is a tale as old as time – economic downturn.
When will it hit?
How bad will it be?
Who will be impacted the most?
By Meredith Beasley | Lead Nurturing
Swiss Army Knife.
Instant Pot.
Smartphone.
Three very different things, but they all share the same label: All-in-One. These multitools have very different uses, but they all promise a solution to several different needs.
The Swiss Army knife takes care of any random challenge under the sun. Need to fillet a fish AND trim some rogue nose hairs? You got it!
The Instant Pot makes dreams of filling your kitchen with different food prep gadgets a reality by combining them all into one small appliance.
The debut of the Smartphone gave our shoulders some rest by merging all of those devices that we had to carry around individually. We could finally leave our bulky cameras and CDs at home.
At the end of the day, all of these tools share the same goals: save time & money and improve processes in a convenient way.
Have you ever wished there was a handy multi-tool that you could employ to help you nurture leads, manage market data and expand your corporate services? Well, commercial real estate management software is the all-in-one solution for you!
By Meredith Beasley | Lease Management Software
The digital world is a tremendous place that has all types of gizmos and gadgets that help pinpoint specific behaviors of people and their online habits. Though the information right at our fingertips helps us reach others in an effective way, there’s also nothing like face to face interaction.
During my time at Quarem, I’ve been fortunate enough to attend events across several different industries and interact with professionals from all sectors of commercial real estate. These events and professionals have given me the opportunity to observe real-time reactions to the way we present our brand.
By Meredith Beasley | Uncategorized
Commercial real estate software is a great place to start for this and Quarem is one of the best options out there. Once you organize all of your lease, property, project and FF&E data within Quarem, the reporting possibilities are endless. Here are some of the ways Quarem helps you transform the details of your properties into meaningful business intelligence that you can use for profit generation:
By Meredith Beasley | CRE Management Software
Think about all of the leases you manage. The oldest in your portfolio to the ones that are currently pending.
Then, think about all of the revisions made to them. All of the amendments, renewals, extensions, Tis, sublets, assignments, terminations.
Think about all of the expenses – rent increases, abatements, late fees. Or consider the income gained from them.
What’s the entire story of your real estate?
By Meredith Beasley | Lease Administration Software
It’s finally happened. You’ve reached your limit. You’ve made it to the end of your rope. You’ve hit the wall. You need a strategic way to manage your leases, and you need it now! The spreadsheet you’ve been using is out of control. ASC 842/IFRS 16 compliance is knocking at your door. You missed an important option deadline. You can’t find a single document, and your boss needs income/expense reports ASAP.
So maybe your situation isn’t that dramatic, but your commercial real estate leases are a big deal and it’s time to find a management solution that fits your needs. Ready to start searching but aren’t sure where to start? Use this article as your resource to find the best lease administration software that fits your needs.
After you finish reading, make sure to download our Quick Guide to Lease Administration Software for even more insight into the benefits of software and best practices for software demos.
By Meredith Beasley | Uncategorized
Technology has transformed many things – snail mail morphed into email, rolls of film turned into instant and endless albums on our smartphones, grocery shopping can be done from the comfort of your own home. Even your filing cabinets have gone digital! This digital world that we live in was built to increase efficiency and encourage organization, but that doesn’t mean our lives are any less cluttered.
Take document management for example – our filing cabinets may have gone digital, but the flow of communication and work moves fast these days, leaving us with folders upon folders of all sorts of documents, ranging from PDFs to spreadsheets. For commercial real estate professionals, that archive of documents can span back decades, and range from lease agreements to marketing materials. So, in this digital age, what’s the best method for organizing your documents and having them readily available for easy collaboration? Keep reading to find out.