Property management solutions have revolutionized the way commercial real estate businesses operate. Previously, managing a sophisticated portfolio of investments required a large internal and external staff of professionals as well as the resources to support them. Even with these systems in place, redundancies and inefficiencies in communication were bound to happen meaning loss of money and opportunities. Enter the world of property management software…
Software Alone has its Drawbacks
Sophisticated property management software, such as the Quarem Vantage fully integrated system, has proven a useful tool in managing large CRE portfolios. Specific lease terms, plans for expansion and renewal, individual and portfolio-wide vacancy rates and much more is now available at the touch of a button. No more searching through thick files to find that one contract provision or missing deadlines due to a forgotten date on someone’s “Best Cat Memes” office calendar.
And while these are definite benefits to those in the CRE business, software alone can prove imperfect for an individual portfolio or investor’s needs. Even the most sophisticated software is limited by its internal programing and can perform only so many, pre-designated functions. A program may be able to run analytics on a specific sub-category of tenants or properties, but until robots develop critical thinking skills, applying this information and turning it into a long-term strategy for growth will still need human intervention.
Quarem Provides Clients the Best of Both Worlds
Sure, you may be able to update your smartphone’s apps without asking for your teenager’s help, but that doesn’t mean you should be going it alone in your real estate empire. Installing your property management software is only a small portion of the larger equation of managing a CRE portfolio. Professionals with expertise in real estate are still needed to make sure that any hard copy or electronic information is properly logged and updated and your systems fully functioning. While some companies may provide you with an hour or two of pre-paid tech support to get your business started on their platform, at Quarem that simply isn’t enough.
Quarem firmly believes in capitalizing off the best of both technological advances and the human critical and creative thinking to provide the best in CRE management solutions and customer service, such as those found in our Quarem Access solution. That support goes beyond initial setup and integration with existing systems. Need a report on occupancy rates? Or maybe you’d like to better understand how a certain geographic location for your properties is performing in comparison to others. While anyone can crunch a few numbers with good computer code, Quarem can also break down the meaning behind those values, providing you with sophisticated insight and recommendations that are vital to the big-time decision making necessary for investors in commercial real estate.
Quarem: Software in the Cloud, Experts on the Ground
When it comes to picking a property management partner, you shouldn’t have to choose between human expertise and sophisticated technology. And with Quarem’s wide range of solutions, you don’t have to. From installation to data conversion to training your existing staff, Quarem provides the tools needed to implement your solution and get your business up and running in a modern cloud-based platform. That’s not where our relationship ends, though. At Quarem, we’re here at whatever stage you may need us. From customization of sophisticated solutions to data analytics, we have the right people to meet all of your property management needs. The Quarem team’s main mission is to infuse the human element to strengthen client partnerships and provide customized support for your real estate empire. Contact us today to find out just how Quarem can help grow and manage your CRE portfolio.