Real News from RealNex

Q1 2018 Commercial Real Estate Market Update

Posted by RealNex on May 31, 2018 1:06:55 PM

RealNex CEO Jeff Finn hosted head of research Jeffrey Fisher Ph.D. on May 30, 2018 or an informative webinar where Dr. Fisher discussed his recent findings and analysis on behalf of the National Council of Real Estate Investment Fiduciaries (NCREIF). NCREIF polls its members quarterly to create their NCREIF Property Index (NPI). The NPI reflects investment performance for 7,553 commercial properties, totaling $567 billion of market value held by large institutional investors in the US.

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Topics: Commercial Real Estate

4 Ways to recruit top talent to your CRE Brokerage

Posted by RealNex on May 29, 2018 8:00:00 AM

It comes as no surprise that recruiting is one of the driving forces behind any CRE brokerage firm. What may come as a surprise, however, is just how difficult it can be to attract and retain quality talent. In fact, it is estimated that as many as 80 percent of real estate agents, industry wide, leave their agency or brokerage within 2 years.

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Topics: CRE, CRM, marketing, millennial, Real Estate Technology, Commercial Real Estate, RealNex, CRM implementation, brick and mortar, culture, CRETech, Company Culture, team building, Productivity, CRE Leaders, commercial real estate tech

5 Must-Have CRM Features for the Modern CRE Brokerage

Posted by RealNex on May 22, 2018 8:00:00 AM

When it comes to the everyday operations of your CRE brokerage, one of the biggest factors in helping or (hopefully not) hindering your efficiency is your customer relationship management software, or CRM. But what makes a CRM platform stand out from the crowd? Here are 5 must-have CRM features for the modern CRE brokerage...

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Topics: CRE, CRM, marketing, Real Estate Technology, Commercial Real Estate, RealNex, CRM implementation, brick and mortar, CRETech, Company Culture, CRE Leaders, commercial real estate listings

The Workplace is Changing: How Far Has CRE Come?

Posted by RealNex on Apr 3, 2018 9:00:00 AM

Cubicles aren’t the only things disappearing from today’s workplace. Walls in general are going down and lifestyle amenities are going up. Socializing with co-workers throughout the day was frowned upon two decades ago whereas today it’s being encouraged. There have been extraordinary changes taking place in the workplace dragging CRE along with it.

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Topics: Commercial Real Estate, RealNex, brick and mortar, Company Culture, CRE Leaders, commercial real estate listings

Q1 2018 Commercial Real Estate Market Update

Posted by RealNex on Feb 19, 2018 7:31:01 AM

Introducing: Dr. Jeff Fisher Pricing Webinar

Dr. Jeff Fisher is a founding partner of Pavonis Group and Head of Research of RealNex. He is also President and Chairman of the Board of the Homer Hoyt Institute and Professor Emeritus of Real Estate at the Indiana University Kelley School of Business.

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Topics: Commercial Real Estate

Commercial Real Estate Returns End Year on Upbeat

Posted by Jeffrey D. Fisher Ph.D. on Jan 29, 2018 5:00:00 PM

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.

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Topics: Commercial Real Estate, RealNex, Price trends, market report, ncreif property indix

3 Things CRE Tech Has Learned from Millennials

Posted by RealNex on Jan 18, 2018 9:00:00 AM

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.

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Topics: CRE Tech, Real Estate Technology, Commercial Real Estate, RealNex, CRETech, Company Culture, CRE Marketing

8 CRE Brokers Weigh In On Productivity

Posted by RealNex on Oct 13, 2017 11:08:12 AM

Productivity seems to be the golden goal of the moment. With so many technological resources at our disposal and the social media/competitive loop urging the crowd on to ever-higher achievements, there seems to be this underlying and overarching sense that we can be more, that we can do more. Plus, it's fun to try to "game the system" -- to figure out those tasks and rituals, that when combined in just the right way, bring SUCCESS. 

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Topics: CRE, Commercial Real Estate, Productivity

RealNex Releases Next Major Advance

Posted by Sarah Brenner Jones on Oct 2, 2017 8:00:00 AM

HOUSTON-October 2, 2017-RealNex, a commercial real estate technology company, today announced the launch of its largest-to-date release -- RealNex 3.0. The release includes new features and advanced integration between CORE CRM, MarketEdge (financial analysis, reporting and deal room capabilities), and MarketPlace, a single, new listing, search and marketing platform. RealNex 3.0 empowers CRE professionals with hyper-efficient tools to prospect, market and manage transactions – increasing exposure and shortening deal cycles.

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Topics: CRE, CRE Tech, CRM, Commercial Real Estate

3 Steps to Get Agent Buy-In of New CRE Tech

Posted by RealNex on Sep 29, 2017 11:24:46 AM

Technology is here to stay in commercial real estate and, to be honest, is changing the way things are done throughout the property life cycle. Mobile technology, CRM software, and virtual reality are making those embracing these technologies more efficient and more profitable. However, your agents may be resistant to change and avoid the new tools available to them.

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Topics: CRE, CRE Tech, Commercial Real Estate, CRM implementation