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Commercial Real Estate CRMs: Do Expectations Match Reality?

Not long ago real estate professionals relied on a paper Rolodex to track their contacts. The technology revolution brought us new ways to communicate, and with that, the first digitized contact database started in 1986. The earliest version of customer relationship management (CRM) software first hit the scene in the 90s with the intent to automate sales force processes. Since those early days, CRMs have evolved into a tool 48 percent of commercial real estate brokers consider a top technology and another 49 percent plan to adopt in 2018, according to an industry survey. Has the promise of CRMs held up to the reality of...

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  • Help wanted.

    10/11/18

    Having been in commercial real estate for almost thirty years, I know a lot of people in this industry. A lot. One of the things I have always done is to try and help people find jobs within the sector. Yes, it’s just good to help people in general, but it’s also good business to...Read more

  • CRE Comes To CREtech! Introducing GlobeSt.com's NEW Apartments Tech Event

    10/4/18

    One of the most extraordinary developments in my own CREtech orbit is the interest, cooperation and support of the “mainstream” media that covers the commercial real estate sector. Many, many great examples, but one of the most significant is GlobeSt.com and Realshare (owned by the same parent company). I have long been an admirer of...Read more

  • How 8 Leading CRE Crowdfunding Platforms Make Their Mark

    10/1/18

    Once upon a time, access to quality commercial real estate investments was limited and guarded with high fees. Now crowdfunding platforms connect CRE projects with private party lenders. The multiple CRE crowdfunding platforms typically: Have a vetting process for project sponsors and their investment properties Promise regular reporting updates and 24/7 access to track investment...Read more

  • Research Demonstrates Smart Building Tech Growth and Opportunities

    9/28/18

    To claim smart building technology is growing is an understatement. From an $8.49 billion global market in 2016, it’s projected to reach $51.44 billion USD globally by 2023. The Intelligent CRE for Enterprise: Smart Buildings, Intelligent Workplace, and Management Systems 2018 - 2023 report analyzed the challenges and opportunities ahead for the smart building tech...Read more

  • Virtual Reality Saves Construction Big Bucks

    9/27/18

    The World Economic Forum study reports digital technology–including augmented reality (AR) and virtual reality (VR)–could save the construction industry up to $1.7 trillion (USD) globally within 10 years. Adopting these technologies are crucial to the industry’s future success. VR and AR technology adds advantages to every stage of developing a new property. #1- Building Information...Read more

  • Why CRE Professionals Must Embrace Tech

    9/26/18

    “Business as usual” does not exist in the commercial real estate industry. The modern world demands mobility, instant information, and better customer service. Commercial real estate professionals can’t meet these challenges in the “old way” of conducting business. Embracing technology solutions delivers clear benefits, like: 1) Efficient daily workflow Negotiating for clients is a small...Read more

  • Tech To Consider For Your Office Space Retrofit

    9/25/18

    What tech upgrades can add the "wow" factor to your office space? The rate of innovation makes choosing the most desirable features is challenging, and a tight budget complicates decision-making. The following retrofits marry modern conveniences with cost savings. #1- Destination dispatch-equipped elevators Does your building run more than one elevator? Rather than stopping at...Read more

  • Exclusive Feature With Buildout, the Leading End-to-end Solution for Marketing Commercial Real Estate Listings

    9/24/18

    Buildout is the nation’s leading commercial real estate marketing software. Since launching in 2010, Buildout has revolutionized the entire listing process for brokerages around the country. Buildout’s marketing tool allows brokerages to produce beautiful, brand-consistent marketing instantly, save time by eliminating tedious tasks and focus on what's most important: closing more deals and growing their...Read more

  • How Much Might Building Management Tech Save You?

    9/21/18

    Smart building management technology isn’t just trendy. The sensors and online platforms maximize existing systems for optimal operational savings and tenant satisfaction. However, some sources claim implementing building management software (BMS) costs $2.50 per square foot at the minimum. Is utilizing the latest in smart building technology really that expensive? Let’s dive into the existing...Read more

  • The Information Revolution is At Hand

    9/20/18

    A real estate professional’s biggest asset is information. Not just lots of it (there already is!) but understanding that information, tracking its change over time, and relaying key insights to our clients. What will CRE professionals gain from this information revolution? Understanding behaviors We’d like to think human beings are unpredictable. Science shows we like...Read more