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...
Returns for institutional real estate investors remained steady at about a 7% annual return through the first quarter of 2018. The total return was 1.70% in the first quarter, down slightly from 1.80% last quarter, but up slightly from the 1st quarter of 2017 as seen in the chart below. These are the national returns from the 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.
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.
Nothing occurs in a vacuum. That includes success in the commercial real estate sphere. With this in mind, our team at RealNex has gathered a list of influencers that you should keep your eye on. You may find yourself either agreeing or disagreeing with their thoughts (or maybe a little bit of both) and so much the better! Use this list to help form your own opinions and strategies.