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 Guy Gray | Commercial Real Estate Podcasts
Commercial real estate professionals love maximizing their time. If you could multitask in a way that is both enjoyable and benefits your business, why wouldn’t you? While forums and blogs are a great way to source information from top industry minds, podcasts may arguably offer a more modern and convenient way to obtain this knowledge.
Most of all, though, they allow CRE pros to multitask. Podcasts are perfect for commutes, gym time and lunch breaks. So, where should you get started? Here are six commercial real estate podcasts you should be following, if you aren’t already:
By Guy Gray | CRE Software
If there’s one thing we can all agree on about the commercial real estate industry, it’s that it’s complex. This is especially true from the CRE stakeholders’ perspective, whether it’s an active team member, a supervisor or an investor. According to a global survey by KPMG (Confronting Complexity: Research Findings and Insights), more than 94 percent of commercial real estate executives “identified complexity as their greatest challenge.”
There are two ways to address complexity: 1, present and manage information in a way that’s easier to understand; and 2, involve the parties challenged by complexity. Those who participated in the above survey agreed, as 84 percent of them pointed to technology (and specifically information management) as the solution for CRE complexity. Let’s discuss why CRE software is that solution and, more importantly, why stakeholders will love it.
By Guy Gray | Property Analysis , Prospecting
Michelangelo had the Sistine Chapel. Leonardo da Vinci had the Mona Lisa. Andy Warhol had his Campbell’s soup cans. All of these works of art are arguably the artist’s main claim to fame. Viewers of these pieces get to enjoy the finalized version of the art, but they don’t get to see the journey the artists took to end up with their masterpieces. If we were given a look behind the scenes, we’d probably see these artists work through a lot of trial and error, research and late nights.
For brokers and their clients, finding and vetting space can feel like an art at times. Just like the artists mentioned above, brokers engage in quite a bit of behind the scenes work in order to find the picture-perfect space. They might not use a brush and canvas to get there, but they can use tools provided by CRE software.
By Guy Gray | Commercial Lease , Commercial Property Management Software
Famed writer and visual artist William S. Burroughs once said that “when you stop growing you start dying.” This can apply to individuals, business owners or even (as we’ll discuss today) commercial real estate professionals. Nearly every CRE pro wants to grow his or her business and portfolio, after all. Not because of greed, but because of the simple fact that you can’t predict things like economic downturns, smaller margins and increased vacancies—all of which hinder a CRE portfolio’s growth.
This is especially true for mixed portfolio property managers who deal with a variety of industries, from office and retail to industrial. Each can be volatile and unpredictable. Fortunately, solutions like commercial lease and property management software can help you both streamline operations and grow your business regardless of the industries in your portfolio. Let’s look at a few benefits of this software and give some examples of how Quarem specifically helps you grow your CRE business.Continue reading
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.