Real News from RealNex

If you’re just getting started in commercial real estate, or even if you’ve been in commercial real estate for a while, you’ve no doubt realized that the industry definitely has its own lingo. The CRE vernacular can sometimes be overwhelming, and it can be tough to learn how to navigate through all of the different terms. 

That’s #CRE #CREAGH June 25, 2020 focused on recent major enhancements to MarketEdge, a few updates to CRM and a quick prospecting Best Practices session lead by RealNex Lead Developer Tim Creagh. In particular the session presented updates to Presentation and Analysis (formerly Investment Tools), the new Lease Analysis capabilities for comparisons and accounting as well as CRM Group Filtering and Duplication functions.

If you’re in the market for a property management company, it’s important to take the time to do your research, in order to learn about each potential candidate. After all, there is a big difference between hiring the first property management company you come across — and hiring a good property management company. Your management company is not only there to manage and protect your assets, but they are also a direct reflection of you. 

The June 18, 2020 episode of the RealNex Webinar Series featured Geoffrey Kasselman, SIOR, AP Leed and his presentation of The Exponential Future of Real Estate. RealNex CEO Jeffrey Finn hosted the session that took a look back over the past century and time traveled forward to the next 25 year to envision the dramatically and dynamically transformed new world that might be in store. Geoff provided a highlight reel of the exponential technologies that are transforming our world, the expected disruption and the convergence that is likely to take place. He also shined a light on the X Factors that could accelerate, decelerate or change the course. To set the stage the he referenced a quote from The 2019 World Economic Forum:

It’s no secret that industrial real estate has been the golden child sector of commercial real estate, as of late. Industrial properties have consistently been among the top-performing sectors, but unfortunately, COVID-19 could cause returns to take a significant hit. 

Did Ya Know, You can roll-up or drill-down from Organization to Contacts?!

In the wake of the COVID-19 global pandemic, some companies are choosing to offer tours without a leasing representative. This trend not only allows everyone to stay safe and healthy, it also meets growing interest from consumers to view a property on their own time and at their own pace. But are self-guided tours sustainable for commercial real estate? Will it work? Let’s take a closer look. 

Did Ya Know, email attachments are now saved in CORE CRM Contact History?!

The global coronavirus pandemic has had an unprecedented impact on many of the habits and customs that have guided our society for as long as we can remember. And few places have been as disrupted as the workplace, with the majority of the American workforce being confined to their homes. 

In the May session of That’s #CRE #CREAGH, RealNex lead developer Tim Creagh showcased an incredible array of new advances made to the platform.