Quarem Blog - Quarem

Nov 12

Checklist for Successful Lease Administration Software Implementation

Every commercial real estate professional has goals. But how many actually reach them? We can’t say, but those that have a plan are usually the successful ones. You can have all the goals in the world, but if they just remain goals, you’ll never get anywhere. This applies to everything from portfolio management to lease administration.

We’ll be covering the latter in today’s post. Specifically, how you can begin with a goal and move toward actionable steps for accomplishing that goal. As esteemed Greek philosopher Shia LaBeouf once said, sometimes you need to “just do it.”

Here’s a checklist for successfully implementing lease administration software:

Nov 07

3 Ways Lease Administration Software Can Streamline the Inspection Process

By Guy Gray | Lease Administration Software

Few things in life create anxiety quite like an inspection. If you’re in the military, for example, you worry about inspections for your uniform or barracks. If you’re a car owner, you take your car in for a worry-inducing inspection once a year. Homes, businesses, taxes… the list goes on.

For commercial real estate professionals (CRE)s, however, property inspections rank at the top of the list of things to worry about. As unnerving as a tax audit, property inspections are a necessary evil that can lead to findings that affect your bottom line. However, missing inspections can cause a bigger headache. Here are three ways lease administration software can help.

Oct 30

A Guide to the Quarem Blog: 5 Posts You Need to Read

By Guy Gray | Commercial Real Estate Blog

Did you know that Quarem has been publishing blog posts about commercial real estate since May 2016? Many of our posts throughout the years have been informative and educational. Others are commentaries on CRE news and challenges. We also have posts that focus on the different features of Quarem.

But which posts are the most important and popular? Whether you’re new to our blog or you’d simply enjoy a trip down memory lane, here are five posts you need to read.

Oct 24

Auditing Your Portfolio with Quarem’s Commercial Real Estate Software

By Guy Gray | Auditing

Transparency. It’s a condition that can take an ordinary material—ice, glass, plastic, etc.—and turn it into something extremely beneficial for the user. Take eyeglasses, for example. How useful would they be if the lenses were semi-transparent or opaque? Windows, light bulbs… the list goes on.

Transparency is also important for commercial real estate (CRE) professionals, especially when it comes to reporting. By taking an unfiltered look into your business operations, you can gain actionable data on the strengths and weaknesses of your portfolio.

Oct 21

A Look at Parking Ratios and Commercial Real Estate

By Guy Gray | Parking Ratios

If you’ve ever eaten a bowl of cereal, you know that ratios are important. After all, you need to ensure you have the right ratio of milk to cereal. Too little milk and you’ll have to get a refill before you’re done unless you want dry cereal. Too much? Well, you’ll just have to get more cereal to avoid wasting the milk. Either way, it can spiral out of control pretty quickly.

Ratios are also important when it comes to commercial real estate (CRE), particularly when it comes to parking. There needs to be the right balance between need and availability; otherwise, you have to ensure your property is still appealing and meeting the needs of its tenants. Let’s take a look at the considerations a CRE pro must have concerning the availability of parking spots.

Oct 15

How You Can Turn Meaningful Data Into More Profits with Quarem’s CRE Reporting

By Meredith Beasley | Uncategorized

Quarem’s Reporting Features

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:

Oct 09

Downsizing and Expanding Made Easy with Commercial Real Estate Management Software

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?

Oct 03

How to Find the Best Lease Administration Software for Your Needs

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.

Sep 30

Document Management Software for Commercial Real Estate Professionals

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.

Sep 24

The Commercial Leasing Process Made Easy with Quarem’s Lease Management Software

By Meredith Beasley | Lease Management Software

The commercial lease process is one of the most exciting activities for CRE professionals. It means that Tenants are expanding their portfolio, Landlords are adding to their tenant mix, and Brokers are increasing their list of business.

Some may argue that the word “exciting” should be replaced with “stressful.” The leasing process is intricate, involving lots of time, money and risk. While it’s true that the leasing process is no walk in the park, it also doesn’t have to be all that daunting when you have sophisticated software to support you along the way.

Lease management software can be the knight in shining armor there to save the day and offer support in three main areas:

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