Best 360° Virtual Tour Software Options for Real Estate in 2020
Real estate professionals are often having difficulty closing deals as the industry faces significant challenges due to the COVID-19 pandemic. However, when social distancing went into effect — and even showing houses in person was prohibited in some states — virtual tours emerged as a viable way to address this issue. And, while the physical…
Commercial Real Estate – Fundamental Terms
What is commercial real estate? Commercial real estate (CRE) refers to properties meant to generate income. These properties are places where companies conduct business, with the notable exception of multifamily properties and buildings designated for hospitality, which provide living space for residents. Investors typically own the building (or a percentage thereof) and collect rent from…
Uncertain Times Call for Reliable Data
Vince Soriero, business development manager and corporate sales lead, shares his insight on leveraging PropertyShark’s real estate data in volatile markets.
Lead Generation for Commercial Real Estate Brokers
As a CRE broker, your mission is to assist people in selling, leasing, buying, and investing in commercial real estate. But even if you’re highly skilled in this domain, you still have to master one additional technique in order to be truly successful: lead generation. This clever marketing strategy helps you find new customers, build…
If Glass Facades are Out, What Will NYC Skyscrapers Use?
Building designs change rapidly, with materials going in and out of fashion all the time. However, glass has been a steady favorite for facades due to its elegance and low cost. But, comments late last year by New York City Mayor Bill De Blasio regarding the banning of “glass and steel skyscrapers” have sparked conversations…
What are Office Building Classes?
Office building classes help commercial real estate investors, tenants, and brokers compare properties in the same market, which helps justify asking rents and asset pricing. Office buildings may be classified as Class A, Class B, or Class C. In addition, investment, institutional and speculative are three designations used when comparing office buildings among several metropolitan…
Working from Home or Staying in the Office?
With email and chat, video conferences and whiteboards, a growing freelance workforce, and countless cloud-based collaboration tools, it’s easy to conclude that working from home leads to higher productivity. But, is this really the case? If working from home is more productive, then why don’t companies just get rid of their office spaces and save…
The Different Types Of Office Leases
Commercial office space is normally leased for terms of 5, 10, 15 years, and sometimes more. So, it’s important for business owners to understand the terms and conditions—and the potentially hidden costs and restrictions—of the lease before signing on the dotted line, and keep them in mind when looking for space. In this article we…
Commercial Real Estate Financing Explained
Key takeaways CRE loans tend to be more flex and offer more options than non-commercial loans like shorter terms and a variety of payment options There’s a variety of commercial financing depending on the asset type and the investment strategy Get familiar with financial metrics used by lenders to evaluate commercial properties like LTV and the…
16 Things to Consider When Leasing Office Space
One of the most exciting things about running a business is moving into a new office, and it’s an important milestone that can help your business grow and prosper. However, choosing the wrong office lease can stop your growing business in its tracks, regardless if you’re in Los Angeles or New York City. To avoid…
30 Key Office Leasing Terms You Need to Know
Negotiating a commercial office lease can be complicated; it’s sort of like trying to read a prescription from your doctor. There are abbreviations, jargon, and words that commercial real estate (CRE) professionals use every day, and they assume you know what everything means. To make things even trickier, the exact same term can mean different…
10 of the Best Budget-Friendly CRM Tools for Small Businesses in 2019
There are so many things to consider when you’re just getting started with your business that it becomes really difficult to manage the newly formed customer relationships. The good news is that there are plenty of companies that can help in this regard, providing a wide variety of customer relationship management (CRM) tools. We’ve tracked…
13 Marketing Tools Real Estate Agents Should Keep an Eye On
New technological breakthroughs have made the business of real estate virtually unrecognizable from what it looked like just a decade ago. Today’s marketing tools put more power in the hands of real estate professionals and allow them to easily showcase their unique properties, work directly with clients, and improve the overall experience for everyone involved….
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