Category Archives for "CRE Software"

A Look at CRE Software Reporting Distilled Down to ProfitLoss (PL) (1)
Aug 04

A Look at CRE Software Reporting Distilled Down to P/L

By Guy Gray | CRE Reporting

Distillation is the process of separating the components from a larger mixture. Distilling is used in alcohol, water, oil and other liquid mixtures. Humans have been using distilling since 3000 BC. But did you know that commercial real estate professionals do their own form of distilling?

It comes in the form of profit and loss. Separating those numbers from the rest is a difficult task on your own, but commercial real estate software makes it easier. From lease administration and accounting to property and asset management, CRE software can arm you with all of the in-depth details you need to properly evaluate your P/L.

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Projections and Commercial Real Estate Software Amidst an Evolving Landscape
Jul 21

Projections and Commercial Real Estate Software Amidst an Evolving Landscape

By Guy Gray | CRE Software

Wouldn’t it be nice if crystal balls actually worked? We could pick the winner of the World Series each year, predict when there is bad traffic on the way home from work and prepare for any worldwide pandemics that are on the horizon.

For CRE tenants, projections with commercial real estate software are the next-best thing.

As the future of the traditional office is under question due to uncertainty brought on by the Coronavirus, professionals that manage leases are relying on the data to forecast and make decisions.

Here’s how CRE software can act as your crystal ball—even during uncertain times.

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Avoiding Analysis Paralysis with CRE Reporting Software
Jun 05

Avoiding Analysis Paralysis with CRE Reporting Software

By Guy Gray | CRE Reporting

One of the most popular of “Aesop’s Fables” is about a fox and a cat. In this tale, a cat and fox discuss their tricks for avoiding capture. The cat only has one, while the fox has several. When hunters arrive on the scene, the cat quickly escapes up a tree while the fox is caught because he takes too long thinking about the different courses of action he can take.

This fable is a commentary on “analysis paralysis.” It shows the benefits of finding a balance between speed, resourcefulness and strategy when making important decisions. As it applies to commercial real estate, overthinking can be your enemy. Fortunately, you can avoid analysis paralysis with CRE reporting software.

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Organize. Control. Simplify. A Look at Three Key Benefits of Quarem_s CRE Software
Mar 16

Organize. Control. Simplify. A Look at Three Key Benefits of Quarem’s CRE Software

By Meredith Beasley | CRE Software

At some point in our lives we’ve all been asked, “Tell me a little bit about yourself.” Without fail, your brain freezes up and you can’t formulate an answer. Why is that question so hard to answer? Usually, it’s because there’s too much to say and we don’t know where to start.

Brands encounter that same question. While individuals might answer with a carefully crafted elevator pitch, brands answer with a succinct tagline or slogan that, among many things, highlights value and distinguishes the brand from others.

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Why Your Stakeholders Will Love CRE Software
Jan 09

Why Your Stakeholders Will Love CRE Software

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.

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Consultative Brokerage and CRE Software Customer Portals
Dec 12

Consultative Brokerage and CRE Software Customer Portals

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. 

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Lead Nurturing with Quarem's CRE Software
Nov 25

Lead Nurturing with Quarem’s CRE Software

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! 

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Auditing Your Portfolio with Quarem's Commercial Real Estate Software
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. 

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A Look at Parking Ratios and Commercial Real Estate
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.

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Forecasting with Quarem's Commercial Real Estate Software
Jul 09

Forecasting with Quarem’s Commercial Real Estate Software

By Guy Gray | Forecasting

Mother Nature is unpredictable. It seems like professional meteorologists don’t even know what is going to happen half the time. They say it’s going to be a torrential downpour in the evening and there aren’t even a few drops on the ground. They say it’s going to be sunny for your weekend softball game and it ends up raining cats and dogs. It can be difficult to see the point of a forecast, sometimes.

Commercial real estate is the same way. Forecasting the future of your CRE portfolio may seem as reliable as forecasting the weather. However, this is only the case if you’re still using old-school methods to manage it. CRE software like Quarem, on the other hand, gives you an accurate overview of your entire portfolio of leased and owned space that allows you to performance leverage historical data so you can better project future performance. Let’s show you how.

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