Integration provides an efficient solution that works across the entire CRE transaction process
HOUSTON-February 1, 2018-RealNex, a commercial real estate technology company, today announced the launch of the second phase of its all new MarketPlace. Built upon the legacy of Property Line and Buzz Target, the new Listing Management solution combines the best of both to deliver a powerful tool for brokers seeking to market or find properties for their clients. The new site can be found at www.realnexmarketplace.com.
By Jeffrey D. Fisher, Ph.D.
Although returns for commercial real estate have been somewhat modest this past year, returns for the fourth quarter of 2017 were the highest quarter for the year according to the NCREIF Property Index (NPI). The NPI reflects investment performance for 7,527 commercial properties, totaling $559.8 billion of market value owned and managed by the nation’s largest institutional investors and pension funds.
The quarterly total return was 1.80% in the fourth quarter, up from 1.70% last quarter, and higher than the 1.73% return for the fourth quarter of 2016. For the year of 2017, the return was just slightly under 7%. This is an unleveraged return for what is primarily “core” real estate held by institutional investors throughout the US.
Millennials are quickly growing to become a dominant force in the workplace as well as in terms of consumer behavior and drivers of societal norms. So it only makes sense to take their values and needs into consideration when giving thought to commercial real estate technology.
HOUSTON-January 9, 2018-RealNex, a commercial real estate technology company, today announced the launch of its all new MarketPlace. The new public portal offers a free alternative to list and search a growing nationwide portfolio of property offerings. Built upon the 25-year legacy of PropertyLine and the innovative technology of Buzz Target, the MarketPlace launches with 250,000 listings across North America, totaling $450 billion for sale and 4.7 billion sf for lease.
Technology is quickly changing the way the commercial real estate industry goes about its business. With the advent of three-dimensional modeling, or 3D, we’re literally seeing a new dimension of visual opportunities spring to life.
Commercial real estate is an industry with inherent complications. Each product is unique, with its own strengths and weaknesses, and every deal requires multiple contributors -- builders, agents, brokers, lenders, and buyers and more. Of course, this is all before government obstacles such as permits and taxes. Keeping this in mind, here are four ways to improve your profits by simplifying your processes.
After dropping each quarter during 2015 and 2016, rates of return for commercial real estate held by the nations large institutional investors has leveled off over the past three quarters. Furthermore, the lower returns have only meant that returns are just back to or at slightly lower returns than a long term average.
The world is going mobile, and your CRM shouldn’t be left behind. If you don’t have all your resources at your fingertips, you risk losing your clients to more nimble agents. Having the full resources of your CRM available mobile is essential moving into 2018. Here are just a few of the reasons why:
You can have the best service and the best listings, but you won’t get the clients if they can’t find you. So, get ready to up your marketing game! The holy grail of marketing is to generate a reputation as the go-to in your market. Here are some tips for building the buzz to get there.