<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.assetsoft.biz/blogs/tag/real-estate-investments/feed" rel="self" type="application/rss+xml"/><title>Assetsoft - Blog #real estate investments</title><description>Assetsoft - Blog #real estate investments</description><link>https://www.assetsoft.biz/blogs/tag/real-estate-investments</link><lastBuildDate>Fri, 17 Apr 2026 07:03:07 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[Empowering Real Estate Knowledge Workers in the Age of AI]]></title><link>https://www.assetsoft.biz/blogs/post/empowering-real-estate-knowledge-workers-in-the-age-of-ai</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Empowering-Real-Estate-Knowledge-Workers-in-the-Age-of-AI_Squr.jpg"/>The rise of artificial intelligence is not just transforming but empowering how knowledge workers operate across industries.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_CZZMAFC_SxSBZqqD3O6KZg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_vEI1N5qIRCKvelEwqttPSQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_Ews2hU5ZRuua_vYpovvm1Q" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_yqf11XqJon8_pXnIP_TR5g" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_yqf11XqJon8_pXnIP_TR5g"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Empowering-Real-Estate-Knowledge-Workers-in-the-Age-of-AI_Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_NN_9sGb2SW6vtRwBMwhURw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>The rise of artificial intelligence is not just transforming but empowering how knowledge workers operate across industries. Nowhere is this more evident than in real estate, where data-driven insights and automation augment the work of agents, brokers, analysts, and property managers. It's important to remember that AI is not a threat to human expertise but a powerful tool 'copilot' that handles repetitive tasks and processes vast data, freeing professionals to focus on higher-value work. This reassurance should instill confidence in the audience about the future of their roles in the age of AI.</span></p><p><span>Microsoft's Chief People Officer, Kathleen Hogan, noted that AI is &quot;the defining technology of our time,&quot; potentially transforming work even more than the PC revolution (<a href="https://www.fastcompany.com/90982077/microsofts-chief-people-officer-heres-how-workers-can-get-the-most-out-of-ai" style="text-decoration-line:underline;color:rgb(48, 4, 234);">Fast Company</a>). Hogan and other leaders emphasize that investing in people, through education and upskilling, is critical to harnessing AI's potential. In Hogan's words, even in an AI-driven future, we must prepare talent to be &quot;AI creators, not just consumers.&quot; This means using AI tools and understanding how they work, contributing to their development, and ensuring a strong foundation in computer science and digital skills. This optimistic outlook sees AI amplifying human capabilities, not replacing them, especially in knowledge-intensive fields like real estate.</span></p></div><p></p></div>
</div><div data-element-id="elm_VY4NhQP5rGgXE-J8Nc8-PQ" data-element-type="iconHeading" class="zpelement zpelem-iconheading " data-animation-name="bounceIn"><style type="text/css"></style><div class="zpicon-container zpicon-align-left zpicon-align-mobile-center zpicon-align-tablet-center "><style></style><span class="zpicon zpicon-common zpicon-anchor zpicon-size-md zpicon-style-none "><svg viewBox="0 0 512 512" height="512" width="512" aria-label="hidden" xmlns="http://www.w3.org/2000/svg"><path d="M256 8c137 0 248 111 248 248S393 504 256 504 8 393 8 256 119 8 256 8zM140 300h116v70.9c0 10.7 13 16.1 20.5 8.5l114.3-114.9c4.7-4.7 4.7-12.2 0-16.9l-114.3-115c-7.6-7.6-20.5-2.2-20.5 8.5V212H140c-6.6 0-12 5.4-12 12v64c0 6.6 5.4 12 12 12z"></path></svg></span><h4 class="zpicon-heading " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;">I</span>mplications for Talent, Hiring, and Upskilling in Real Estate</b></span></h4></div>
</div><div data-element-id="elm_iVVc5ybeqtP5j5hfS3BWBQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>What do these AI advances mean for the people behind the properties? In the real estate tech sector, organizations recognize that their workforce must evolve alongside the technology. Hiring trends already reflect this: job postings by real estate firms requiring generative AI skillsets increased by 64% in 2022 and another 58% through August 2023 (<a href="https://www2.deloitte.com/us/en/insights/industry/financial-services/generative-ai-in-real-estate-benefits.html" style="text-decoration-line:underline;color:rgb(48, 4, 234);">Deloitte</a>).</span></p><p><span>At the same time, there's a growing emphasis on upskilling current employees. Many firms prefer to retrain their experienced agents, brokers, and managers to use AI rather than replace them. This means providing training in data literacy, AI-driven software, and even basic coding or computer science principles. As Kathleen Hogan argued, giving people access to AI tools isn't enough; we must also 'create the right environment' for AI by investing in skills and learning. This proactive approach to upskilling will not only prepare professionals for the changes brought by AI but also empower them to thrive in this new landscape.</span></p><p><span>The World Economic Forum's &quot;Reskilling Revolution&quot; found that only about 34% of real estate employees globally have undergone reskilling so far, compared to 50% across all industries. Companies aim to close this gap by 2030 (<a href="https://initiatives.weforum.org/reskilling-revolution/home" style="text-decoration-line:underline;color:rgb(48, 4, 234);">WEF</a>).</span></p><p><span>Workforce planning is also adapting. Real estate leaders anticipate that some of today's tasks will be automated in the next few years. According to the World Economic Forum's Future of Jobs Report, employers expect the share of human tasks to drop from 64% to 42% in five years (<a href="https://www.weforum.org/reports/the-future-of-jobs-report-2023" style="text-decoration-line:underline;color:rgb(48, 4, 234);">WEF Jobs Report</a>). Rather than mass job cuts, this shift is opening the door for reimagined roles.</span></p><p><span>&quot;AI will create time for more important, personal tasks,&quot; explains Dan Weisman, Director of Innovation at the National Association of Realtors. It allows agents to focus more on client relationships, negotiations, and creative deal-making instead of writing listings or combing through comps (<a href="https://www.nar.realtor/center-for-realtor-development-podcast/tech-meets-property-ai-trends-in-real-estate-with-dan-weisman-part-1" style="text-decoration-line:underline;color:rgb(48, 4, 234);">NAR Podcast</a>).</span></p><p><span>We're also likely to see new hybrid roles and teams. For instance, brokerages may pair an AI specialist with a realtor to develop pricing strategies or have &quot;AI project managers&quot; working alongside traditional project leads. These AI project managers would oversee AI-driven projects, coordinate with human team members, and ensure the successful implementation of AI solutions. Property managers must learn to oversee AI chatbots and interpret predictive data. Roles like GIS analysts and PropTech developers are becoming essential.</span></p> Soft skills and domain expertise are even more valuable in this AI-enabled workplace. Skills like creative thinking, problem-solving, communication, and empathy differentiate humans from algorithms. Real estate is inherently a relationship business, and those human qualities are gaining importance as routine tasks are automated. A recent industry outlook noted that creative thinking, curiosity, and lifelong learning are among the most essential skills for 2025–2030 (<span><span style="text-decoration-line:underline;"><a href="https://www.weforum.org/reports/the-future-of-jobs-report-2023"><span style="color:rgb(48, 4, 234);">WEF Skills Outlook</span></a></span></span>). Hogan reinforces this: &quot;human skills are as important as technical skills&quot; (<span><span style="text-decoration-line:underline;"><a href="https://www.msn.com/en-ca/money/career/microsoft-cpo-says-she-fundamentally-disagrees-with-the-idea-that-people-shouldn-t-study-computer-science/ar-AA1Fl0dr?ocid=entnewsntp&amp;pc=U531&amp;cvid=36ceab05d5ac49e8a49ac938d9e69e3c&amp;ei=38"><span style="color:rgb(48, 4, 234);">Fast Company</span></a></span></span>).</div><p></p></div>
</div><div data-element-id="elm_HmKXd6ZWngu9EyfPMR7Suw" data-element-type="iconHeading" class="zpelement zpelem-iconheading " data-animation-name="bounceIn"><style type="text/css"></style><div class="zpicon-container zpicon-align-left zpicon-align-mobile-center zpicon-align-tablet-center "><style>[data-element-id="elm_HmKXd6ZWngu9EyfPMR7Suw"] .zpicon-common svg{ fill:#1D80E2 !important }</style><span class="zpicon zpicon-common zpicon-anchor zpicon-size-md zpicon-style-none "><svg viewBox="0 0 512 512" height="512" width="512" aria-label="hidden" xmlns="http://www.w3.org/2000/svg"><path d="M256 8c137 0 248 111 248 248S393 504 256 504 8 393 8 256 119 8 256 8zM140 300h116v70.9c0 10.7 13 16.1 20.5 8.5l114.3-114.9c4.7-4.7 4.7-12.2 0-16.9l-114.3-115c-7.6-7.6-20.5-2.2-20.5 8.5V212H140c-6.6 0-12 5.4-12 12v64c0 6.6 5.4 12 12 12z"></path></svg></span><h4 class="zpicon-heading " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">M</span>oving Forward: How Real Estate Firms Can Harness AI (and Support Their People)</b></b></span><b></b></span></h4></div>
</div><div data-element-id="elm_NUAN-CsOov2Xp12kNWox2g" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>With AI poised to be a game-changer, what can real estate organizations do to ride this wave successfully? Here are practical strategies:</span></p></div><p></p></div>
</div><div data-element-id="elm_BPrMmjMoP-iCttrxhpuUGQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span><b><i><span>Foster a Learning-Oriented Culture:</span></i></b> Encourage experimentation with AI tools and centralize continuous learning. Microsoft, for example, champions a growth mindset, emphasizing adaptability and innovation (<a href="https://www.i4cp.com/productivity-blog/growth-mindset-kathleen-hogan-on-how-microsofts-culture-continues-to-drive-innovation-and-high-performance" style="text-decoration-line:underline;color:rgb(48, 4, 234);">i4cp</a>).</span></p><p><span><b><i><span>Invest in Training:</span></i></b> Offer courses in data analysis, AI-enabled CRMs (Customer Relationship Management systems that use AI to automate tasks and provide predictive insights), and basic coding. Upskilling existing talent boosts confidence and ensures the effective use of AI tools.</span></p><p><span><b><i><span>Redesign Workflows:</span></i></b> Break jobs into tasks to see what AI can handle versus what requires human judgment. Involve employees in this redesign so they feel supported and energized by AI rather than threatened.</span></p><p><span><b><i><span>Emphasize Human Skills:</span></i></b> Reinforce soft skills through training and mentorship. Celebrate creativity, empathy, and ethical decision-making skills AI can’t replicate.</span></p><b><span>Lead with Vision:</span></b><span> Communicate a clear purpose for adopting AI and involve teams at every level. C-suite commitment and inclusive planning smooth the path for AI transformation (<a href="https://www2.deloitte.com/us/en/insights/industry/financial-services/generative-ai-in-real-estate-benefits.html" style="text-decoration-line:underline;color:rgb(48, 4, 234);">Deloitte</a>).</span></div><p></p></div>
</div><div data-element-id="elm_Tp3RvZtm7vSbKd3fmNKVyg" data-element-type="iconHeading" class="zpelement zpelem-iconheading " data-animation-name="bounceIn"><style type="text/css"></style><div class="zpicon-container zpicon-align-left zpicon-align-mobile-center zpicon-align-tablet-center "><style></style><span class="zpicon zpicon-common zpicon-anchor zpicon-size-md zpicon-style-none "><svg viewBox="0 0 512 512" height="512" width="512" aria-label="hidden" xmlns="http://www.w3.org/2000/svg"><path d="M256 8c137 0 248 111 248 248S393 504 256 504 8 393 8 256 119 8 256 8zM140 300h116v70.9c0 10.7 13 16.1 20.5 8.5l114.3-114.9c4.7-4.7 4.7-12.2 0-16.9l-114.3-115c-7.6-7.6-20.5-2.2-20.5 8.5V212H140c-6.6 0-12 5.4-12 12v64c0 6.6 5.4 12 12 12z"></path></svg></span><h4 class="zpicon-heading " data-editor="true"><span style="font-size:20px;"><span><b><span style="font-size:32px;"></span><b><span style="font-size:32px;">A</span> Bright Future: AI as an Ally for Real Estate Professionals</b></b></span><b></b></span></h4></div>
</div><div data-element-id="elm_Z870pVGxi8PFP2--seRwcw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The future of knowledge work in real estate is decidedly optimistic. AI will handle more heavy lifting—analyzing data, automating workflows, and generating content—but human roles will be enhanced, not erased.</span></p><p><span>Relationship-building, creativity, strategic thinking, and empathy will define competitive advantage. An agent armed with AI analytics can advise clients more effectively. A broker can combine prediction models with negotiation skills. A manager can rely on AI systems for tasks while focusing on tenant satisfaction.</span></p><p><span>Rather than a zero-sum game, the formula is clear: <b>human + AI is the future</b>. Firms that support their teams with training, culture, and vision will lead the industry.</span></p></div><p></p></div>
</div><div data-element-id="elm_0MrAizzz8Pqia7LWXNKWhA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="slideInLeft"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="color:rgb(234, 119, 4);"><span style="font-size:32px;">C</span>onclusion:&nbsp;</span><span style="color:rgb(29, 128, 226);font-size:16px;">Real Estate’s Human-AI Synergy Starts Now</span></b></span></h2></div>
<div data-element-id="elm_gg3lC8OZprfCHYEbc5sjiQ" data-element-type="text" class="zpelement zpelem-text " data-animation-name="fadeInUp"><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The real estate industry stands at a pivotal moment—where AI is not a disruption to fear but a force to embrace. For knowledge workers, the message is clear: AI is a partner, not a replacement. By automating routine tasks and surfacing powerful insights, AI empowers professionals to focus on what they do best—building relationships, making strategic decisions, and delivering value.</p><p>Real estate firms that invest in their people—through upskilling, thoughtful integration of AI tools, and a commitment to human-centered innovation—will shape the future of the industry. The synergy of human expertise and intelligent technology isn't just a trend; it’s the new standard for success.</p><p>In this new era, the most competitive real estate organizations will be those that don’t just adopt AI, but align it with purpose, people, and progress.</p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 30 May 2025 11:35:39 -0500</pubDate></item><item><title><![CDATA[Powering Progress: What the ASEAN Power Grid Teaches Us About Infrastructure, Risk, and Real Estate Investment in APAC]]></title><link>https://www.assetsoft.biz/blogs/post/powering-progress-what-the-asean-power-grid-teaches-us-about-infrastructure-risk-and-real-estate-inv</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Powering-Progress-What-the-ASEAN-Power-Grid-Teaches-Us-About-Infrastructure-Risk-and-Real-Est-1.jpg"/>As global capital continues to flow into Asia-Pacific's real estate markets, institutional investors are shifting how they evaluate long-term Risk and return.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_j9i4Gpd2QAelFc5fLTx0pg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_VkIAt_wPQsmXRG1Eb6ePPg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_JszurJT2Q82i1iUrKT-WTA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_xfFAxhwZAhV5gwB_lWfNog" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_xfFAxhwZAhV5gwB_lWfNog"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Powering-Progress-What-the-ASEAN-Power-Grid-Teaches-Us-About-Infrastructure-Risk-and-Real-Est.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_8dDCkw6RQ6Sf1VLEBd_3LQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p>As global capital continues to flow into Asia-Pacific's real estate markets, institutional investors are shifting how they evaluate long-term Risk and return. In this evolving landscape, the ASEAN Power Grid (APG) emerges not just as a relevant infrastructure initiative, but as a strategic blueprint for what's to come, informing us of its significant impact on the region's real estate investment strategies.</p><p>The APG's technical goal is to connect Southeast Asia's power systems, enabling cleaner, more resilient energy sharing across borders. However, its strategic implications go further: It exemplifies the intricate web of interconnectedness among infrastructure, capital structuring, and regional cooperation. This is particularly evident in sectors like real estate and logistics, which rely on long-term planning and utility security.</p></div><p></p></div>
</div><div data-element-id="elm_f0O44YHxpvZssFy4QeXLyg" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-weight:700;font-size:20px;">1. <span style="font-size:32px;">I</span>nfrastructure-Led Growth: A Core Real Estate Thesis</span></h2></div>
<div data-element-id="elm_gmDHD8llWNUzykgyH4X49w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>Historically, transformative infrastructure—ports to high-speed rail—has catalyzed real estate appreciation and reshaped urban investment patterns. The APG continues in that tradition, creating a framework where access to reliable, low-carbon energy could determine location premiums.</p><p>In areas like Johor, East Kalimantan, or southern Vietnam—hotbeds of logistics and industrial expansion—grid connectivity and energy resilience are emerging as decisive leasing factors for global occupiers. For developers pursuing build-to-core strategies, the ability to assess infrastructure dependencies early is fast becoming a baseline requirement, not a bonus.</p></div><p></p></div>
</div><div data-element-id="elm_qKHF8ILRsF5HWj5ySnf5MA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;color:rgb(29, 128, 226);">2. <span style="font-size:32px;">R</span>isk and Capital Structure: Lessons from Blended Finance</span></h2></div>
<div data-element-id="elm_DUqfXqeThOiAInHJ2FY2pA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>One of the APG's most significant hurdles is the investment gap: the hesitation of private capital to engage due to policy uncertainty, early-stage infrastructure risks, and regional volatility. To bridge that, stakeholders increasingly turn to blended finance—layering public and private funds to distribute Risk and unlock bankability.</p><p>Real estate investors across APAC use similar models, particularly for sustainable developments or ESG-aligned assets. Insurance-backed leases, government green incentives, and MDB financing mechanisms are starting to shape deal structures, especially in secondary markets. This calls for systems that support transparency, multi-source reporting, and performance tracking—key ingredients in layered capital environments.</p></div><p></p></div>
</div><div data-element-id="elm_vjMEbVcW6z0ybvRnTpaJpQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;">3. <span style="font-size:32px;">I</span>nterconnected Risk = Interconnected Opportunity</span></h2></div>
<div data-element-id="elm_QAlpjpU5dOd77MuXzMgI8Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The APG underscores how energy reliability, climate adaptation, and policy harmonization are no longer isolated considerations—they now shape the investment viability of entire regions.</p><p>· A logistics REIT exploring sites in Indonesia must account for electricity pricing volatility.</p><p>· Developers in Vietnam or the Philippines may find that access to the regional grid enhances appeal to multinational tenants seeking renewable energy sourcing.</p><p>· Singapore's office and retail portfolios increasingly include energy resilience, through green leases or building-integrated solar networks, as part of their valuation story.</p><p>In short, infrastructure risk is real estate risk. The solution isn't insulation but integrating systems, insights, and cross-border frameworks that reflect today's interdependencies.</p></div><p></p></div>
</div><div data-element-id="elm_J754-FXgKHUv-JVcwxOfSQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;color:rgb(29, 128, 226);">4. <span style="font-size:32px;">P</span>olicy, Data, and System Readiness</span></h2></div>
<div data-element-id="elm_rMSXlZxyw75xr10nl9sesw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The APG depends on wires and transformers, policy alignment, transparent data sharing, and intergovernmental coordination. Real estate is no different.</p><p>For investors managing assets across multiple jurisdictions, a consistent operational backbone—whether in financial reconciliation, ESG reporting, or market-entry analysis—is increasingly necessary. Digitally mature firms that harmonize data flows across portfolios are better equipped to engage with complex capital partners, meet regulatory shifts, and adapt to region-specific investment conditions.</p></div><p></p></div>
</div><div data-element-id="elm_TxnTkabaveypm_omzwwgCA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;">5. <span style="font-size:32px;">W</span>hy Real Estate Needs a &quot;Grid Mindset&quot;</span></h2></div>
<div data-element-id="elm_sVqMQ-THh_xJayo2wwaMug" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>What energy planners are doing with the APG—thinking regionally, over decades, with systems-level collaboration—is precisely the mindset real estate investors now need.</p><p>The rise of EV supply chains, cross-border energy corridors, and decentralized infrastructure means value creation isn't just about the building and the surrounding ecosystem. Understanding these dynamics across ASEAN markets is no longer an option-it's a strategic differentiator that can make or break a real estate investment strategy.</p></div><p></p></div>
</div><div data-element-id="elm_WSNXTsJvvL5Jc_Urn5N47Q" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;color:rgb(234, 119, 4);"><span style="font-size:32px;">F</span>inal Thoughts</span></h2></div>
<div data-element-id="elm_NyVnyfby3RSjuCykVM6hFA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The ASEAN Power Grid may be an energy initiative at its core, but it offers broader insights into how infrastructure, capital, and Risk are converging across the APAC region. Real estate is at the crossroads of these forces and needs to adapt accordingly.</p><p>Firms fluent in local dynamics and regional shifts will be best positioned to deploy capital intelligently, mitigate Risk structurally, and unlock long-term value. The future of real estate investment in APAC won't be siloed—it will be interconnected.</p></div><p></p></div>
</div><div data-element-id="elm_eW5-zmbLTSCLO6ZX1p1J0Q" data-element-type="button" class="zpelement zpelem-button " data-animation-name="bounceIn" data-animation-repeat="true"><style></style><div class="zpbutton-container zpbutton-align-center zpbutton-align-mobile-center zpbutton-align-tablet-center"><style type="text/css"></style><a class="zpbutton-wrapper zpbutton zpbutton-type-primary zpbutton-size-md zpbutton-style-none " href="/contact-us" target="_blank"><span class="zpbutton-content">Get Started Now</span></a></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Sun, 11 May 2025 23:33:47 -0500</pubDate></item><item><title><![CDATA[Canada’s Real Estate Reset: How Mark Carney’s Housing Plan Will Reshape Construction, Rentals, Commercial Property—and the Economy]]></title><link>https://www.assetsoft.biz/blogs/post/canada-s-real-estate-reset-how-mark-carney-s-housing-plan-will-reshape-construction-rentals-commerci</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Canadas-Real-Estate-Reset-How-Mark-Carney-s-Housing-Plan-Will-Reshape-Construction-Rentals-Co-1.jpg"/>Canada is entering a new era in real estate. With Mark Carney at the helm and his 2025 housing strategy in motion, the country is poised for the most ambitious housing expansion since the post-war era.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_-0xONqVUTq2MZvalNOQizw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_NHkip1VgQCiOQopQHiJd2Q" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_nXIY3fegSEqCfGWaR08zpA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_Woyi2E9S9UqKAaeCPb4p2Q" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_Woyi2E9S9UqKAaeCPb4p2Q"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Canadas-Real-Estate-Reset-How-Mark-Carney-s-Housing-Plan-Will-Reshape-Construction-Rentals-Co.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_A2BS9hc2R52OHrMSE6leNw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>Canada is entering a new era in real estate.</span></p><p><span>With Mark Carney at the helm and his 2025 housing strategy in motion, the country is poised for the most ambitious housing expansion since the post-war era. The goals are bold: <b>double the pace of home construction</b>, dramatically <b>expand affordable rental housing</b>, and <b>modernize how we build and finance real estate</b>.</span></p><p><span>But what do these sweeping policies mean for developers, property owners, construction firms, and investors? And what shifts should we expect across residential, multi-family, and commercial real estate?</span></p><p><span>Let’s unpack how this transformation will likely unfold—and what the industry should prepare for.</span></p></div><p></p></div>
</div><div data-element-id="elm_XK1fvO3PDWy9vH1Rw6Fq3Q" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b>1. <span style="font-size:32px;">A</span> Construction Boom Fueled by Modular Innovation</b></span></h2></div>
<div data-element-id="elm_bj-BPrZlv68594jdEr4cfw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The newly proposed federal entity, Build Canada Homes (BCH), is at the heart of the plan. Modeled after post-WWII institutions, BCH is designed to finance and develop affordable housing at scale, backed by $25 billion in debt and $1 billion in equity for Canadian modular and prefabricated home builders.</span></p><p><b>Key implications:</b></p><ul><li><b>Modular construction and mass timber</b><span> will take center stage as BCH places bulk orders to achieve economies of scale.</span></li><li><b>Supply chain modernization</b><span> will become critical to meet delivery timelines.</span></li><li><b>Sustainability regulations</b><span> will shape materials and methods, requiring low-emission building standards.</span></li></ul><p><span>This signals a fast, factory-style approach to homebuilding and a new market reality in which innovation in construction will be rewarded.</span></p></div><p></p></div>
</div><div data-element-id="elm_hjzweVQRz8C44pW6Z3ndRQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;color:rgb(29, 128, 226);"><b>2. <span style="font-size:32px;">M</span>ulti-Family Market Revival: Tax-Incentivized Growth</b></span></h2></div>
<div data-element-id="elm_kfd_u2aZ5_fEfD-HhZMgaQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Carney’s plan breathes new life into <b>multi-unit rental housing</b> by reviving the <b>MURB (Multiple Unit Rental Building) tax allowance</b>—a once-successful program from the 1970s that drove the construction of over 190,000 rental units.</span></p><p><b>Why this matters:</b></p><ul><li><span>Investors will be able to deduct depreciation and other costs, making purpose-built rentals more financially viable.</span></li><li><span>Developers are incentivized to convert existing buildings into affordable units, especially with reduced tax burdens for sellers transferring assets to non-profits.</span></li><li><span>Municipal development charges for multi-unit housing will be cut in half for five years, easing cost pressures in expensive markets.</span></li></ul><p><span>Rental housing, long neglected in favor of condos, could once again become a centerpiece of Canadian real estate.</span></p></div><p></p></div>
</div><div data-element-id="elm_3y_AmirytQHOyj7tRCKP2A" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b>3. <span style="font-size:32px;">C</span>ommercial Real Estate: A Quiet Transformation</b></span></h2></div>
<div data-element-id="elm_RiQOyc99zTGSvKlx2qHO6Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Though the policy focus is residential, commercial property won’t be untouched. Adaptive<b> reuse</b>—turning underused office and commercial buildings into residential or mixed-use projects—will likely accelerate under zoning reforms and municipal incentives.</span></p><p><b>Emerging trends:</b></p><ul><li><span>Aging downtown office stock will be retrofitted into multi-family housing, senior housing, or co-living developments.</span></li><li><span>Demand for <b>industrial and logistics properties</b> will rise due to the growth of prefab and modular housing factories.</span></li><li><span>Transit-oriented and mixed-use developments will grow, as urban planning increasingly favors densification over sprawl.</span></li></ul><div><div><p><span>This presents a dual opportunity for commercial landlords and real estate investors: modernize assets for new uses or pivot toward logistics and industrial development.</span></p></div></div>
</div><p></p></div></div><div data-element-id="elm_3hAUgDah5tD4ljedU0foPg" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:rgb(29, 128, 226);font-size:20px;"><b>4. <span style="font-size:32px;">T</span>he Economic Ripple Effect: Affordability, Investment, and Growth</b></span></h2></div>
<div data-element-id="elm_7Mx0ox4HgEmsgX-mwQezag" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The real estate reboot has broader economic consequences:</span></p><ul><li><b>Increased GDP</b><span> from construction and infrastructure investment.</span></li><li><b>Job creation</b><span> across skilled trades, engineering, and project management.</span></li><li><b>Affordability improvements</b><span>—especially for first-time buyers through GST rebates and new supply- remain challenging in hot markets.</span></li><li><b>Potential inflation risks</b><span> if materials and labor markets overheat, though prefabrication may offer cost containment.</span></li></ul><div><div><p><span>At the same time, this plan demands tight federal-provincial coordination, innovative financing, and careful execution to meet its targets without unintended fallout. Potential challenges include managing inflation risks if materials and labor markets overheat, though prefabrication may offer cost containment.</span></p></div></div>
</div><p></p></div></div><div data-element-id="elm_lw3X1ugm1ZAPPbAzzOwBDA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;">W</span>hat This Means for the Real Estate Industry</b></span></h2></div>
<div data-element-id="elm_Cohz4zjt4qqyxfM5p2IJCQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p><span><span>Whether you're a developer, investor, property manager, or construction firm, Canada’s new housing agenda will change how projects are financed, built, and managed. But it also brings with it a wave of potential growth and opportunity. Speed, scalability, and sustainability will become the new benchmarks, opening up new avenues for success.</span></span></p></div>
</div><div data-element-id="elm_IpJ9RTzFBhv3HwcOHxmsFQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;color:rgb(29, 128, 226);"><b><span style="font-size:32px;">A</span> Note on Staying Ahead</b></span></h2></div>
<div data-element-id="elm_TpEuffAYZ0JiSIgfhaATyA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Navigating this landscape will require more than traditional approaches. Companies that invest in technology, process automation, and real-time data visibility will be better equipped to take advantage of tax incentives, modular efficiencies, and funding opportunities.</span></p><p><b>Assetsoft</b><span>, a leading real estate technology and consulting firm, works with companies across Canada to modernize operations—from project costing and ERP integration to lease management and data analytics. As the market evolves, tools like these will become essential for those looking to scale smartly and stay compliant with shifting regulatory frameworks.</span></p></div><p></p></div>
</div><div data-element-id="elm_iawEeDzhA1zj957Tv6vbbw" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="color:rgb(234, 119, 4);"><span style="font-size:32px;">C</span>onclusion:</span> A Defining Decade for Canadian Real Estate</b></span></h2></div>
<div data-element-id="elm_a1m1jRs8esecELLhmVzzRg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Mark Carney’s housing plan isn’t just about building homes—it’s about reshaping the real estate ecosystem to be faster, greener, and more inclusive. For those ready to adapt, this new environment offers immense opportunity. With the potential for faster, greener, and more inclusive real estate, the future looks bright. For those unprepared, it could bring disruption.</span></p><p><span>The next decade will belong to the agile and innovative. Is your business ready to adapt and thrive in this new real estate landscape?</span></p></div><p></p></div>
</div><div data-element-id="elm_lHoP0w4HSQyBAfFyjNMLvQ" data-element-type="button" class="zpelement zpelem-button " data-animation-name="bounceIn" data-animation-repeat="true"><style></style><div class="zpbutton-container zpbutton-align-center zpbutton-align-mobile-center zpbutton-align-tablet-center"><style type="text/css"></style><a class="zpbutton-wrapper zpbutton zpbutton-type-primary zpbutton-size-md zpbutton-style-none " href="/contact-us" target="_blank"><span class="zpbutton-content">Get Started Now</span></a></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 06 May 2025 03:08:17 -0500</pubDate></item><item><title><![CDATA[The Intersection of Real Estate, Law, and Generative AI: Assetsoft’s Vision for 2025]]></title><link>https://www.assetsoft.biz/blogs/post/the-intersection-of-real-estate-law-and-generative-ai-assetsoft-s-vision-for-2025</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/The Intersection of Real Estate- Law- and Generative AI_Assetsoft-s Vision for 2025-02.jpg"/>As we usher in 2025, the transformative potential of Generative AI (GenAI) continues to capture the imagination of industries worldwide, including real estate and legal practices.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_i60QdmcdQDOjZxQlPJuXwA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_8i6m2QREQE260C5c9DRDJA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_rH2QUq7JTbOQhD4Ea9ucoQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_Yh3SAyv7c6RQ1rJMI0cJPQ" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_Yh3SAyv7c6RQ1rJMI0cJPQ"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/The%20Intersection%20of%20Real%20Estate-%20Law-%20and%20Generative%20AI_Assetsoft-s%20Vision%20for%202025-01.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_zZxNAjwcRKCbywBvepg_5Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><p><span style="color:inherit;font-size:15px;">As we usher in 2025, the transformative potential of Generative AI (GenAI) continues to capture the imagination of industries worldwide, including real estate and legal practices. At Assetsoft, we’ve been at the forefront of this revolution, leveraging our expertise to explore AI’s capabilities, staying informed about emerging technologies, and tailoring solutions that address our clients' unique needs.</span></p></div>
</div><div data-element-id="elm_ZE7HtvqjHCQZCuIt4kLdGg" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:inherit;"><span style="font-size:20px;font-weight:bold;"><span style="font-size:32px;">G</span>enerative AI: A Game-Changer in Legal Workflows</span></span></h2></div>
<div data-element-id="elm_vFHj5xHnv3iZvW0fMjOBUw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div><p style="margin-bottom:10.6667px;"><span style="font-size:15px;">Generative AI has proven to be a valuable tool for automating repetitive and time-consuming tasks. From creating meeting summaries and extracting key data points from extensive documents to preparing briefing notes, GenAI is not just enabling functions that were previously cost-prohibitive but also empowering lawyers and real estate professionals to focus on strategic decision-making rather than manual data review, instilling a sense of confidence in their capabilities.&nbsp;</span></p></div><div><p style="margin-bottom:10.6667px;"><span style="font-size:15px;">However, we recognize the challenges of integrating GenAI into complex legal and real estate workflows. Generic AI models often fall short in technical accuracy, particularly in legal drafting, as they reflect generalized internet content rather than the nuanced language of legal contracts. Despite this, GenAI excels in analyzing large datasets and extracting relevant clauses, streamlining due diligence, and reducing manual effort.&nbsp;</span></p></div><div><p style="margin-bottom:10.6667px;"><span style="font-size:15px;">At Assetsoft, we look beyond the hype to ensure AI tools meet our clients' rigorous demands. We prioritize recommending solutions that are not only cutting-edge but also reliable and aligned with the specific needs of legal and real estate professionals.</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_YYMLOIwSgYLtc8lqsuZUYA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:20px;"><span style="font-weight:700;color:rgb(29, 128, 226);"><span style="font-size:32px;">N</span>avigating Barriers to AI Adoption</span></span></h2></div>
<div data-element-id="elm_k5N2efTwN4TlhTwYvkQtHQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><div style="color:inherit;"><div><p style="margin-bottom:10.6667px;"><span style="font-size:15px;">While the benefits of GenAI are immense, there are barriers to its adoption, particularly in legal contexts:&nbsp;</span></p></div><div><ol start="1"><li style="margin-left:24px;font-size:12pt;"><p><span style="font-size:15px;"><span style="font-weight:bold;">Liability Concerns</span>: Vendors currently do not guarantee the accuracy of AI-generated outputs, placing firms at risk of liability. As an AI solutions provider, Assetsoft ensures our clients understand these risks and adopt systems with robust human oversight.&nbsp;</span></p></li></ol></div><div><ol start="2"><li style="margin-left:24px;font-size:12pt;"><p><span style="font-size:15px;font-weight:bold;">Error Consistency</span><span style="font-size:12pt;"><span style="font-size:15px;">: Unlike human reviewers who make diverse errors, AI systems can consistently repeat the same mistakes. For example, an AI tool we tested achieved 95% accuracy in lease reviews but consistently misstated rent figures. At Assetsoft, we emphasize thorough testing and validation to mitigate such issues.</span>&nbsp;</span></p></li></ol></div></div></div></div></div>
</div><div data-element-id="elm_I5YSauFLvHjk7V9eEgS_Lg" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:inherit;"><span style="font-size:20px;font-weight:bold;"><span style="font-size:32px;">G</span>enerative AI in Real Estate Law</span></span></h2></div>
<div data-element-id="elm_V5v04zFImjrB50kxSP7Zrw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><div style="color:inherit;"><div><p style="margin-bottom:10.6667px;"><span style="font-size:15px;">Real estate law presents unique challenges for Generative AI due to its reliance on interconnected documents such as leases, licenses, and rent review memoranda. Current tools often struggle to synthesize these relationships, underscoring the need for specialized solutions.&nbsp;</span></p></div><div><p style="margin-bottom:10.6667px;"><span style="font-size:12pt;"><span style="font-size:15px;">Our vision includes leveraging AI to create an accurate estate-specific tool to seamlessly generate due diligence reports by linking related documents. While cost remains a concern for such advancements, the potential to enhance transaction speed and transparency is undeniable.</span></span></p></div></div></div></div></div>
</div><div data-element-id="elm_U-mXwkdXXn3xH1jRxnNAxg" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:20px;font-weight:bold;color:rgb(29, 128, 226);"><span style="font-size:32px;">A</span> Holistic Approach to AI Adoption</span></h2></div>
<div data-element-id="elm_dGFy_j6nW8NfNmfZmCSJIg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left " data-editor="true"><p><span style="color:inherit;font-size:15px;">At Assetsoft, we take a holistic approach to recommending AI solutions. We believe that Generative AI is only part of the puzzle. Complementary tools like digital document management systems, advanced co-authoring platforms, and reimagined reporting workflows are crucial in optimizing efficiency. For instance, instead of retrospectively extracting data, we advocate for solutions that use AI to automatically populate documents with relevant information as they are being created, minimizing inefficiencies and errors.</span></p></div>
</div><div data-element-id="elm_xx5PIznaiFN2gJ_PHZHS7Q" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:inherit;"><span style="font-size:20px;font-weight:bold;"><span style="font-size:32px;">S</span>taying Ahead of the Curve</span></span></h2></div>
<div data-element-id="elm_mXRtO6YV5lHlrremPCVBoA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left " data-editor="true"><p><span style="color:inherit;font-size:15px;">Our commitment to innovation means staying informed about every aspect of AI and its applications. We continually evaluate emerging technologies and share insights with our clients, ensuring they benefit from the latest advancements. Whether it's AI-powered lease abstraction, automated bank reconciliation, or predictive analytics, Assetsoft’s solutions are designed to help clients stay ahead in a competitive landscape, fostering a sense of excitement and optimism about the future of AI in their industries.</span></p></div>
</div><div data-element-id="elm_ziSOBtHzB_Wkv_dRKOhauw" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:rgb(234, 119, 4);"><span style="font-size:20px;font-weight:bold;"><span style="font-size:32px;">L</span>ooking Ahead to 2025</span><span style="font-size:20pt;">&nbsp;</span></span></h2></div>
<div data-element-id="elm_cWwAF3F54LV96r7ThDXwsw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><div style="color:inherit;"><div><p style="margin-bottom:10.6667px;"><span style="font-size:15px;">As we move into 2025, Generative AI will continue to shape the real estate and legal sectors. At Assetsoft, we are dedicated to helping our clients navigate this evolution, providing tailored solutions that address their challenges while unlocking new opportunities.&nbsp;</span></p><p style="margin-bottom:10.6667px;"><span style="font-size:15px;color:inherit;">Stay tuned for more insights as we explore how AI, law, and real estate intersect in the year ahead.</span></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 07 Jan 2025 12:50:34 -0500</pubDate></item><item><title><![CDATA[Property Tax Appeals for Commercial Properties: What business owners need to know ]]></title><link>https://www.assetsoft.biz/blogs/post/6-commercial-real-estate-data-every-broker-should-track1</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Property tax appeals for commercial properties_ What business owners need to know_Squr.jpg"/>Property Tax Appeals for Commercial Properties: What business owners need to know]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_FuK1VG36Rf6LU0s7A03Iow" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Q55jQMy-R4WJGCHD7jU9dw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_DO2E0NRCSbugc22Jgg1nKg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_6kHIes6nVx_Yusdjx0Pu9g" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_6kHIes6nVx_Yusdjx0Pu9g"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_6kHIes6nVx_Yusdjx0Pu9g"] .zpimage-container figure img { width:723px ; height:154.99px ; } } @media (max-width: 767px) { [data-element-id="elm_6kHIes6nVx_Yusdjx0Pu9g"] .zpimage-container figure img { width:415px ; height:88.97px ; } } [data-element-id="elm_6kHIes6nVx_Yusdjx0Pu9g"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Property%20tax%20appeals%20for%20commercial%20properties_%20What%20business%20owners%20need%20to%20know_Rect.jpg" width="415" height="88.97" loading="lazy" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_kmeDnX1oSeO-FO2MT7gL9Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Property tax appeals for commercial properties can be a complex and often daunting process for business owners. However, understanding the basics of the process and the reasons for appealing property taxes can be crucial for commercial property owners to protect their assets and reduce their tax burden.&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Every American in any state of the USA has the right to pay fair taxes. But shocking reports say that over </span><a href="https://www.cbsnews.com/news/property-taxes-how-to-appeal-your-property-assessment/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">60% of the people always overpay their taxes</span></a><span style="font-size:11pt;">. This is mostly due to bad assessments by public assessors. This is done to improve the tax collections of the government. But why pay more when you can improve your business's financials with fair tax bills?&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Read this article to learn about everything there is to know about property tax appeals for commercial properties that businesses must know about. Our experts have carefully put together this information for your understanding.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_CjBlk32HuZQoF-hfCseiwQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_CjBlk32HuZQoF-hfCseiwQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">What is a property tax appeal?&nbsp;</span><br></h2></div>
<div data-element-id="elm_yt4RK8fQiUXqsYJJOTsw4A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_yt4RK8fQiUXqsYJJOTsw4A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><p><span style="font-size:11pt;">Commercial property owners can contest the estimated value of their property for tax reasons by filing a property tax appeal. The appeal gives the CRE property owner a chance to show that the appraised value of their property is excessively high, leading to an exorbitant tax burden. It is often submitted to the county assessor's office or the board of equalization.&nbsp;</span><br></p></div>
</div><div data-element-id="elm_0wqAn5UVqCrMeKN23lU5ew" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_0wqAn5UVqCrMeKN23lU5ew"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true">Why Should Your Business Appeal a Property Tax Assessment?</h2></div>
<div data-element-id="elm_U9qXwkNi3Wp0fkibCWy9Vg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_U9qXwkNi3Wp0fkibCWy9Vg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;">A business owner or CRE property owner may desire to challenge their property tax estimate for a number of reasons. First and foremost, if a property's appraised value is too high, the owner may be paying more taxes than necessary. If the property is a substantial expense for the company, this could have a big effect on the bottom line.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Second, if a commercial property owner feels that their property tax assessment is incorrect or unfair, they may choose to appeal the determination. This can be the case if the assessment is based on inaccurate computations, out-of-date data, or faulty methodology. In some instances, an assessment might be made using a random formula that ignores the property's particular qualities.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_HmtODsWrt4YbxF-qOWEGGw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_HmtODsWrt4YbxF-qOWEGGw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">How to appeal a </span><a href="https://realestate.usnews.com/real-estate/articles/what-is-a-property-tax-assessment" target="_blank" rel="noreferrer noopener"><span style="font-size:16pt;text-decoration:underline;">property tax assessment</span></a><span style="font-size:16pt;">?&nbsp;</span><br></h2></div>
<div data-element-id="elm_Md_SdgdV1_SZgvHTJHYHuA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Md_SdgdV1_SZgvHTJHYHuA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;">While the procedure for contesting a property tax valuation varies by county and municipality, it often entails submitting a formal protest to the board of equalization or the local assessor's office. A specific amount of time, typically a few months after getting the tax bill, must pass before the appeal can be lodged. During this time, you need to gather enough evidence to make your case in court.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">The owner of the property must offer proof to back up their appeals, such as an impartial assessment or other records showing that the property's assessed value is excessive. This can also include previous tax bills, your neighbor's tax bills, ghost asset bills, changes in property structures, and other documents to prove your appeal cause.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">It is significant to remember that the onus of proof is on the property owner to show that the property's assessed value is excessive. Only then will the state agree to reduce your tax bills and resend a new tax bill.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">This implies that the property owner will need to offer convincing justification for their appeal, and they could need to retain the services of an attorney or other expert to help them through the procedure.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_q8yPS9EXKkpqxl5yPDO0ow" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_q8yPS9EXKkpqxl5yPDO0ow"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">Important things to keep in mind while filing for a Property Tax Appeal&nbsp;</span><br></h2></div>
<div data-element-id="elm_O5c6ZfR-AhLzh-AdZTLuqQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_O5c6ZfR-AhLzh-AdZTLuqQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">Property tax appeals are a sensitive issue and work differently in each state and county. But there are many common factors that property owners must consider before filing an appeal. Here are the top five things that you can keep in mind.&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="1"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Timing&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">The time frame for filing a property tax appeal is usually a few months after receiving the tax bill. If you think your property tax assessment is excessively high, it's crucial to be aware of these dates and move fast.&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div></div><div style="font-size:12px;"><div><ol start="2"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Evidence&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">Businesses must present proof to back up their appeal in order to challenge a property tax assessment. An independent assessment or other proof that the property's assessed value is excessive may be included in this.&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="3"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Burden of Proof&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">The </span><a href="https://www.boe.ca.gov/proptaxes/faqs/assessappeals.htm" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">onus of proof rests with the property owner</span></a><span style="font-size:11pt;"> to show that the property's assessed value is excessive. This implies that the property owner will need to offer convincing justification for their appeal, and they could need to retain the services of an attorney or other expert to help them through the procedure. But if you employ a third-party service provider, the process becomes easy because they find the evidence on your behalf and take the load off your shoulders.&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="4"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Risks and Benefits&nbsp;</span></p></li></ol></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">A property tax appeal may include risks as well as rewards because they are not always successful. Businesses should carefully weigh the expenses and potential outcomes of the appeal process before determining whether to pursue one. But if your property saw a very steep jump in taxes, there is a very high chance that you will get a reduced tax bill after filing an appeal.&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="5"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Professional Assistance&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">Many businesses decide to work with a specialist to help them with the property tax appeal procedure, such as an attorney or property tax consultant. These experts can offer knowledge and direction at various stages of the procedure and may be able to assist firms in achieving a more favorable result.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_eIxTv142nl5FYil4a6DhUg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_eIxTv142nl5FYil4a6DhUg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">What are the potential outcomes of a property tax appeal?&nbsp;</span><br></h2></div>
<div data-element-id="elm_s6aTP_w32w5MIhOmzsmw4Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_s6aTP_w32w5MIhOmzsmw4Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">If a property tax appeal is accepted, the property's assessed value will be decreased, lowering the owner's tax burden. However, you will have to visit the hearings and provide evidence in front of the court to make your case to get the reduced tax bills.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">If you feel overwhelmed by this long-drawn process, it is best to employ a third-party tax appeal service provider to appear at the hearings on your behalf.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;"><br></span></p><p><span style="font-size:11pt;">Commercial property tax appeals can be a challenging and complicated process, but they can be essential for business owners to safeguard their assets and lower their tax burden.&nbsp;</span><span style="font-size:11pt;">&nbsp;</span><br></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Commercial property owners can decide whether to file an appeal and how to do so effectively by being aware of the justifications for doing so, the procedures for doing so, and the outcomes that may result from one. If you are confused about how much this can benefit you, we suggest you get in touch with us. The </span><a href="https://www.assetsoft.biz/property-tax-appeal" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">tax appeal experts</span></a><span style="font-size:11pt;"> in our team will give you a holistic understanding of your situation and if it is worth the appeal.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Talk soon for more.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 03 Apr 2023 20:54:21 -0500</pubDate></item><item><title><![CDATA[6 Commercial Real Estate Data Every Broker Should Track  ]]></title><link>https://www.assetsoft.biz/blogs/post/6-commercial-real-estate-data-every-broker-should-track</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/6 Commercial Real Estate Data Every Broker Should Track_Squr.jpg"/>Brokers will provide clients with better opportunities as they gain more significant insights and detailed information. Let us find out which data tracking is a must for you.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_2EvjH5EERSeQEvQwiG4J5A" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_xsHUbd8mTBmZz70mF60fPg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_J7ciOnOCRLmTni1GQOk3Pg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_-OcaLBGAxLxzpZU-XlaUOQ" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_-OcaLBGAxLxzpZU-XlaUOQ"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_-OcaLBGAxLxzpZU-XlaUOQ"] .zpimage-container figure img { width:723px ; height:154.99px ; } } @media (max-width: 767px) { [data-element-id="elm_-OcaLBGAxLxzpZU-XlaUOQ"] .zpimage-container figure img { width:415px ; height:88.97px ; } } [data-element-id="elm_-OcaLBGAxLxzpZU-XlaUOQ"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/6%20Commercial%20Real%20Estate%20Data%20Every%20Broker%20Should%20Track_Rect.jpg" width="415" height="88.97" loading="lazy" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_KoMgQpSCRPut1qocYOk8Jg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_KoMgQpSCRPut1qocYOk8Jg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-center " data-editor="true"><div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Market reports by </span><a href="https://www.ibisworld.com/industry-statistics/market-size/commercial-real-estate-united-states/#:%7E:text=The%20market%20size%20of%20the%20Commercial%20Real%20Estate%20industry%20is%2Caverage%20between%202018%20and%202023." target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">IBIS WORLD survey</span></a><span style="font-size:11pt;"> say that the CRE business market is consistently reducing in the USA. It reduced by 1.4% every year between 2018 and 2023. Their survey also predicts that the market will reduce by 1.9% in 2023. The commercial real estate market is yet to completely recover from the ripple effects of the pandemic but the effects of the upcoming recession are already creeping in. The market is extremely volatile and the competition is steep. </span><a href="https://cdn.nar.realtor/sites/default/files/documents/2021-profile-of-real-estate-firms-09-16-2021.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">NAR reports</span></a><span style="font-size:11pt;"> say there are more than 202,774 self-designated brokers and more than </span><a href="https://www.nar.realtor/research-and-statistics/quick-real-estate-statistics" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">1,600,886 registered agents</span></a><span style="font-size:11pt;">.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">The only way to stay ahead of this competition and still make a positive impact on your ROI is by data tracking and constantly monitoring the market trends. Position, housing size, city planning, operational and financial data, possession and renter information, market analyses, customer buying, and demand trends and customer demographics, the total number of units, and credit and mortgage data are some of the noteworthy points of interest. You can also keep track of upcoming developments, and government advisories to gather information about trends in the CRE industry.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Brokers can anticipate future market demands and business prospects and lead their company in the right direction. They can also prepare their company for the ups and downs. Brokers will provide clients with better opportunities as they gain more significant insights and detailed information. Let us find out which data tracking is a must for you.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_RUb5KolKZ8yJzAn2TtvQ1g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_RUb5KolKZ8yJzAn2TtvQ1g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">Different commercial real estate data sources&nbsp;&nbsp;</span><br></h2></div>
<div data-element-id="elm_bZaZS2Zd09Li7wxvUgs5WQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_bZaZS2Zd09Li7wxvUgs5WQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">What kinds of data sources must you keep track of? Let us find out.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="1"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Brokerage reports&nbsp;</span></p></li></ol></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">There are many brokerage companies that conduct surveys and publish monthly, quarterly, or yearly CRE reports. Companies and giants like </span><a href="https://www.us.jll.com/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">JLL</span></a><span style="font-size:11pt;"> regularly publish brokerage reports. You can also track market reports by </span><a href="https://www2.deloitte.com/in/en/pages/financial-services/topics/real-estate.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">Deloitte</span></a><span style="font-size:11pt;">, </span><a href="https://www.zillow.com/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">Zillow</span></a><span style="font-size:11pt;">, and others. This will help you understand the market size, major deals, and more.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="2"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Commercial Real Estate Associations&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">There are many CRE Associations in the USA that are very active with data reports. You can get associated with them to get informative data and also amp up your industry networking. Groups like </span><a href="https://www.sior.com/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">SIOR</span></a><span style="font-size:11pt;"> (Society of Industrial and Office Realtors) or </span><a href="https://crewnetwork.org/home" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">CREW Network</span></a><span style="font-size:11pt;"> (Commercial Real Estate Women), or </span><a href="https://www.icsc.com/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">ICSC</span></a><span style="font-size:11pt;"> (International Council of Shopping Centers) are some of the best options.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="3"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Public Records&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">You can also track basic records like municipality real estate records. This will help you understand construction permits, regulations, registry of deeds, and more.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_WO2oY45ug2xGarMVvsgFSQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_WO2oY45ug2xGarMVvsgFSQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">6 CRE data that you must track regularly&nbsp;&nbsp;</span><br></h2></div>
<div data-element-id="elm_rJfmPlg0pvKyxlgPwFnbIw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_rJfmPlg0pvKyxlgPwFnbIw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">Here are the six types of CRE data that you must track periodically. These are the most essential, but there can be many more according to your business niche.&nbsp;&nbsp;</span></p></div><div><ol start="1"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">The number of inquiries&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">Are you getting enough inquiries from potential customers or your numbers are too low? As the number of inquiries reduces, the number of leads and the number of sales will also go down. So, make sure you notice what the trends are. Then you will also be able to plan strategy and leadership to improve your next moves.&nbsp;&nbsp;</span></p></div><div><ol start="2"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">The inquiry sources&nbsp;&nbsp;</span></p></li></ol></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">When an inquiry or a lead comes in, make sure you know their sources, and categorize them accordingly. Inquiries can come in through referrals, social media, direct browser searches, listing sites, or other places. When you track this you will know which sections bring you the most business and you can focus on that.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="3"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">The type of property demand&nbsp;</span></p></li></ol></div><div><p><a href="https://www.pwc.com/us/en/industries/financial-services/asset-wealth-management/real-estate/emerging-trends-in-real-estate.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">PwC reports</span></a><span style="font-size:11pt;"> say that 10-20% of office spaces in the USA must repurpose themselves. This means that after the pandemic the demand for office spaces has reduced. Even if people are looking for such spaces the demand has changed. People are now looking for co-working spaces and more open areas for leisure within the office complex.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">The demand for commercial warehouses has shot up during the pandemic, and the demand is still quite high. As people started staying home, they started shopping online. E-commerce sales pushed up the demand for warehouses. If you follow these trends you will be able to swiftly repurpose your properties according to demand and drive sales.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div></div><div style="font-size:12px;"><div><ol start="4"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">What locations have the best returns&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">Every location in America does not sell equally. Like market reports say New York has a high demand for rental homes and apartments from migrant workers and office-goers. </span><a href="https://www.mansionglobal.com/articles/new-york-city-rents-hit-record-highs-amid-nationwide-housing-price-increases-01660229809" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">Rent can go as high as $3,500</span></a><span style="font-size:11pt;">. But places like West Virginia, Kentucky, Iowa, and others have very low housing demand. So, which is the smarter place to invest? Keep track of these data to know where your business will have the best returns and make smart investments.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="5"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Property availabilities&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">When it comes to CRE, similar properties are listed and sold/listed by competitive brands. This is because the inventory is limited and the market has a high demand. So, as a broker or real estate business owner, you need to be constantly on the lookout for available property units.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">When another CRE broker makes a sale, or a property becomes available, make sure you track their sales/availability data. This will always help you stay on top of trends and swoop in to onboard a property as soon as it is available and get ahead of your competitors.&nbsp;&nbsp;</span></p></div><div><ol start="6"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Customer price expectations&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">All customers have a set expectations from the market. Run social media ads, surveys, and marketing campaigns to gather data about customer price expectations. You will be able to figure out new ways to make sales and also address your customer's needs.&nbsp;&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_3A-_7rhWEKpUPObetfB4zQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_3A-_7rhWEKpUPObetfB4zQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><div><p><span style="font-size:14.6667px;">Real Estate CRM Designed for Your Business</span></p></div></h2></div>
<div data-element-id="elm_O7Bgw6dukizyHa1c7-OVxA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_O7Bgw6dukizyHa1c7-OVxA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;">The CRE market in the USA is now valued at 1.2 trillion as per industry reports of January 2023. So, even if the market is declining, there is still a lot of potentials. You just need to know what trends to follow, and which data to track to reap the benefits of this multi-million-dollar industry. Confused about where to start? We are here for you. Get in touch with our team to know all about the latest CRE trends, and how you can implement the best real estate CRM for your business. We have with us a team of experts who have over two decades of experience in this field.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Book a free consultation call with our team to get the help your business needs! Talk soon!&nbsp;&nbsp;</span></p></div></div></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 03 Apr 2023 20:54:21 -0500</pubDate></item><item><title><![CDATA[6 Essential Features for Commercial Real Estate Broker/Agent Database ]]></title><link>https://www.assetsoft.biz/blogs/post/6-essential-features-for-commercial-real-estate-broker-agent-database</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/6 Essential Features for Commercial Real Estate Broker_Agent Database_Squr.jpg"/>6 Essential Features for Commercial Real Estate Broker/Agent Database - all you need to know.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_EPfmWdWSQFSa6jv5DwxYsQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Nsa8qWrbRler3q-BhlMOLA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_jDy1IGYCR7SR6vUAOnluQQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_ovvtyn5WCVjel7eLe9Pftg" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_ovvtyn5WCVjel7eLe9Pftg"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_ovvtyn5WCVjel7eLe9Pftg"] .zpimage-container figure img { width:723px ; height:154.99px ; } } @media (max-width: 767px) { [data-element-id="elm_ovvtyn5WCVjel7eLe9Pftg"] .zpimage-container figure img { width:415px ; height:88.97px ; } } [data-element-id="elm_ovvtyn5WCVjel7eLe9Pftg"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/6%20Essential%20Features%20for%20Commercial%20Real%20Estate%20Broker_Agent%20Database_Rect.jpg" width="415" height="88.97" loading="lazy" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_zac4bWlFR0GPuEzhxmIcrQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_zac4bWlFR0GPuEzhxmIcrQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-center " data-editor="true"><div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">In the commercial real estate sector, the information does not always flow freely. Very few brokers are ready to openly disclose their database of commercial properties. But the CRE database is a complicated avenue. The data is bulky, unlike small-scale residential real estate.&nbsp; To be more precise, the majority of CRE brokers maintain their confidential customer and property databases distinct from those of their coworkers and office mates.&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">A CRM serves as the repository for any commercial real estate database. But every real estate broker/agent uses real estate CRM software. Many businesses fail to make the right technology selection, hence their database fails, and so does their CRM system. That is why market reports say that more than </span><a href="https://www.trujay.com/blog/top-8-reasons-crm-adoption-fails-and-how-to-implement-successfully#:%7E:text=Various%20researchers%20put%20the%20CRM%2Cand%20adopt%20CRM%20so%20high%3F" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">30% of CRM systems fail</span></a><span style="font-size:11pt;"> during implementation. Inadequate database features can kill your tech usage.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">But brokers and agents accomplish significantly more with the right CRM and database features than they can using an excel sheet or other crude old-school methods. The database helps because it allows them to have access to industry-specific analytics and other configurable features. But what characteristics are necessary for efficient lead screening, automation, and recommendations?&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Look through the list we've put together for CRE agents and brokers. You will have a comprehensive idea of the crucial aspects and essential features of a commercial real estate broker/agent database after reading this article. Let us dive in!&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_aKsVasVompa6G7ivUzrtWw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_aKsVasVompa6G7ivUzrtWw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:20pt;">6 must-have features of a CRE Broker/Agent database&nbsp;</span><br></h2></div>
<div data-element-id="elm_-FYwfrsSE-Kx83wkT4bXKg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_-FYwfrsSE-Kx83wkT4bXKg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:14.6667px;"><div><p><span style="font-size:11pt;">These are the 7 features of your CRE database that you can not miss in your system. Update your system with them right now!&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="1"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Database administration system&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;"><br></span></p><p><span style="font-size:11pt;">The top feature for brokers' and agents' databases is to have a database administration system. This helps them to gain a competitive edge in managing their own CRE database and allows autonomy within the system and office.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Features of commercial real estate information administration and management can help streamline the following.&nbsp;&nbsp;</span></p></div></div><div style="font-size:14.6667px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Data duplication or fraud detection. Or red flagging discrepancies in big data. These can be very well ignored or left out in excel sheet analysis. Why? Research says more than </span><a href="https://www.forbes.com/sites/salesforce/2014/09/13/sorry-spreadsheet-errors/?sh=187cdf656ab2" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">90% of excel sheets</span></a><span style="font-size:11pt;"> we use have major faults in them.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Custom logs that are prompted by actions may be sorted and analyzed accordingly. These actions may include things like adding or removing new properties and uploading or deleting customer details.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Uploading and amending property data manually and automatically.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">A mass data upload feature where you can integrate and import data from spreadsheets in a few clicks and automate their sorting.&nbsp;&nbsp;</span></p></li></ul></div></div><div style="font-size:14.6667px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Automatically putting together targeted lists.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Real-time availability management,&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Following up with potential contacts. Sending automated notifications.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">No restriction on the number of attachments or media references.&nbsp;&nbsp;</span></p></li></ul></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div></div><div style="font-size:14.6667px;"><div><ol start="2"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Database filtering&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">There should be a streamlined database filtering and search option. The list of features that this should include are,&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Use keywords, phrases, and terms to search for inquiries.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">the possibility to save results for later use without having to recreate the query to retrieve a specific piece of information.&nbsp;</span></p></li></ul></div></div><div style="font-size:14.6667px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Check, search, filter, and sort each property record under your portfolio to see any relevant requests, vacancies, transactions, and rentals for that particular property.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">The option to add and structure required fields to PDF or Excel documents, with the versatility to alter the fields you're working on.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Segmenting searches according to buyer intent, customer priority, type of sale, sale possibilities, property type, and more.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">search criteria that can be changed by factors like location, price, property features, availability, listing status, parking type, and more.&nbsp;&nbsp;</span></p></li></ul></div><div><p><a href="https://www.indeed.com/career-advice/career-development/what-is-data-filtering#:%7E:text=Benefits%20of%20using%20data%20filtering&amp;text=Data%20filtering%20may%20be%20used%2Cimporting%20them%20into%20your%20system." target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">Research says that filtering data</span></a><span style="font-size:11pt;"> helps with better data security, improves IT work efficiency, and reduces redundancies in business processes.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div></div><div style="font-size:14.6667px;"><div><ol start="3"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Data analytics tools&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">CRE has a bulk amount of data, which can be intimidating for employees to process, sort, and then analyze. That is why you need a database feature where the raw data is automatically analyzed. It must provide you with comprehensive and simplified reports so that all stakeholders can get involved. The right CRM can easily do this.&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">From analyzing market data to making reports about customer data, you must have an analytics tool that automates these processes. It can also track and analyze data about past sales, marketing strategies, transaction pipelines, and more.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="4"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Data importing system&nbsp;&nbsp;</span></p></li></ol></div></div><div style="font-size:14.6667px;"><div><p><span style="font-size:11pt;">Even though you use a new CRM system to manage your database, does not mean others will do the same. Like your vendors and customers can easily send in data on excel sheets and PDFs. So, your database must have a data importing system that can import and sort data in a few clicks. If you have to manually enter every data into your database then this technology selection becomes useless for your team.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="5"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Agent profiles and analysis&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">Your database must also have individual profiles for each agent and broker. This will help you get quick glances at their profiles, sales reports, previous work, and performance. This will help you understand which agent is performing better and who is making you lose business. You can constantly keep track of their work activities and the results they bring. Once you have this information in place you can work on your strategy and leadership to make necessary changes.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><ol start="6"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Complex information portal for all properties&nbsp;&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">CRE portfolios are generally very complex. Hence your database needs features to work on these,&nbsp;</span></p></div></div><div style="font-size:14.6667px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Customized alerts for newly listed properties, price changes, image updates, changes in property availability, and more.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Specific listing details like ownership data, area information, expanses, or rework details, and more.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Direct communication with a broker using the contact page or by phone.&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Customer feedback and ratings.&nbsp;</span></p></li></ul></div></div><div style="font-size:14.6667px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Parallel comparison of properties.&nbsp;&nbsp;</span></p></li></ul></div></div></div>
</div><div data-element-id="elm_Cd4oOUAomXse2TOkDonTsA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Cd4oOUAomXse2TOkDonTsA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true">Choose a Real Estate CRM that Works for You</h2></div>
<div data-element-id="elm_15wzj3XzRRj3_QVpSZNGFA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_15wzj3XzRRj3_QVpSZNGFA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;">Even though many CRM system selections and implementations fail, the right database features can ease the matter. That is why more than </span><a href="https://truelist.co/blog/crm-statistics/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">65% of companies</span></a><span style="font-size:11pt;"> across industries now prefer to work with CRM software. Are you worried that your real estate broker/agent database does not have enough features and your CRM is not doing enough? Get in touch with our team at Assetsoft.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">At Assetsoft we have multiple industry experts who have over two decades of experience in helping real estate businesses make business decisions. From software feature customization, database management, technology selection, and implementation, we do a lot. Want to know more about our services? Book a free consultation call with us and talk soon for more.&nbsp;&nbsp;</span></p></div></div></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 03 Apr 2023 20:49:15 -0500</pubDate></item><item><title><![CDATA[Canada Bans Foreigners from Buying Homes - What Does it Mean for Real Estate biz? An Analysis  ]]></title><link>https://www.assetsoft.biz/blogs/post/canada-bans-foreigners-from-buying-homes-what-does-it-mean-for-real-estate-biz-an-analysis</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Canada bans foreigners from buying homes - What do1675290051083.jpeg"/>The Canadian government banned foreign nationals from buying residential properties in Canada. This law came into effect on 1st January of this year. This is one news that most of us have come across on social media platforms or news sites.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_gfG72fyqR_S-uK2WiQPInw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Avgh1hpcSPiuizyecbItdQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_3SNPsL_ESk-ul5YlT02j1A" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_3SNPsL_ESk-ul5YlT02j1A"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_pIbBzEx3uIsGBQEze-G7sA" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_pIbBzEx3uIsGBQEze-G7sA"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_pIbBzEx3uIsGBQEze-G7sA"] .zpimage-container figure img { width:723px ; height:154.99px ; } } @media (max-width: 767px) { [data-element-id="elm_pIbBzEx3uIsGBQEze-G7sA"] .zpimage-container figure img { width:415px ; height:88.97px ; } } [data-element-id="elm_pIbBzEx3uIsGBQEze-G7sA"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Canada%20bans%20foreigners%20from%20buying%20homes%20-%20What%20do1675290057121.jpeg" width="415" height="88.97" loading="lazy" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_UaLhv62rRI2xyMnYZogoYA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_UaLhv62rRI2xyMnYZogoYA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-center " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">The Canadian government banned foreign nationals from buying residential properties in Canada. This law came into effect on 1st January of this year. This is one news that most of us have come across on social media platforms or news sites. But what does this ban on foreign purchases mean for the real estate businesses in Canada? Will it affect the sale of properties? Will it affect prices and adversely affect the real estate market?&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Many believe that foreigners are buying more homes in Canada and amping up the housing crisis. Is this crisis real? What are the real estate experts at Assetsoft saying? Is this ban something to worry about or it is a welcome move for both residential Canadians and real estate professionals? Some believe that this move may backfire and worsen things for the Canadian market. But some businesses and residents are welcoming this move.&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Read this analytical article below to learn more about this issue and how it may affect you. Learn about its pros and cons, and what your next step should be to get ahead of this rising trend.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_j3HvUW7zfPtARuAKtACs3A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_j3HvUW7zfPtARuAKtACs3A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">The Housing Crisis in Canada - Is it Real?&nbsp;</span></span></h2></div>
<div data-element-id="elm_rilNCFjpODbywDcLv-Llfg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_rilNCFjpODbywDcLv-Llfg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The housing crisis in Canada is very much real for all its residents. Data published by the </span><a href="https://stats.crea.ca/en-CA/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">Canadian Real Estate Association</span></a><span style="font-size:11pt;"> says that the average home price in Canada was above </span><a href="https://canadatoday.news/ca/canadas-ban-on-foreign-homebuyers-is-unlikely-to-affect-housing-affordability-224544/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">$800,000 in 2022, compared to $500,000 in 2015</span></a><span style="font-size:11pt;">. The average prices have risen drastically, whereas people’s incomes may not have risen so much.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">After the effects of the pandemic, the grilling effects of rising inflation, and the predicted recession in 2023, buying a house is becoming harder. Data says people’s average income has increased by only 2% over the same period. Hence, Canadians are now looking for homes that are 10 times their actual income. Basic homes are becoming unaffordable for the average Canadian citizen.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Some reports and research have also stated that if the average home prices in Canada drop by half, it can help solve the housing crisis. But that is an unrealistic expectation in this inflated market. With the incoming recession in 2023, people are losing jobs every day, which will instead make the housing crisis even worse.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_lZQNpnr9BaFZPMrZ529mFQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_lZQNpnr9BaFZPMrZ529mFQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">Are foreign investors and homebuyers adversely affecting the Canadian housing market?&nbsp;</span></span></h2></div>
<div data-element-id="elm_sfPCFoWoxzjiBU7AYczVLA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_sfPCFoWoxzjiBU7AYczVLA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Several experts believe that foreign investors are to blame for the housing affordability dilemma and Canada's skyrocketing home prices. But experts also ask, what percentage of Canadian homebuyers are actually foreigners? There is a dearth of reliable information about overseas investors and home purchases in Canada. According to the Canadian Housing Statistics Survey, only two to six percent of Canadian residential homes were owned by non-citizens in 2020.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Compared to the industry's residential unit sales, the number of international investors is minuscule. Many believe that Canadian real estate businesses have actually profited from the lucrative foreign homebuyer market. That is why many experts believe that foreigners' contributions to the housing shortage in Canada are meager and inadequate.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_witbAYDyTEYuyKiOy46Sgw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_witbAYDyTEYuyKiOy46Sgw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">What are the effects of this ban on the real estate biz?&nbsp;&nbsp;</span></span></h2></div>
<div data-element-id="elm_eJWPshkd72q2W2v5WZVGlg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_eJWPshkd72q2W2v5WZVGlg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><p><span style="font-size:11pt;">The new Canadian law to ban foreign purchases and overseas investors in the residential market may actually adversely affect some real estate businesses. Businesses that focused on catering to the foreign market may see a downward curve in their business. The repercussions are manyfold, but real estate businesses need to rethink their business strategy. The next biggest focus is on affordable housing. Even the Canadian government has </span><a href="https://www.canada.ca/en/department-finance/news/2022/11/making-housing-more-affordable.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">announced tax-free monthly payments</span></a><span style="font-size:11pt;"> to low-income households to help solve the housing crisis. If you want to stay afloat during this major change, you need to tap into this rising market.&nbsp;&nbsp;</span><br></p></div>
</div><div data-element-id="elm_5iBtN2mMgmr6ZB_I3Xi7XA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_5iBtN2mMgmr6ZB_I3Xi7XA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true"><span style="font-size:16pt;">What are the pros and cons of this ban on the real estate market?&nbsp;</span><br></h2></div>
<div data-element-id="elm_VsTmKp1cJfu6R7SCnUtXSA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_VsTmKp1cJfu6R7SCnUtXSA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:14.6667px;"><p><span style="font-size:11pt;">What are the pros and cons of this 2-year ban on the Canadian real estate industry? Learn more here.&nbsp;&nbsp;</span></p></div><div style="font-size:14.6667px;"><div><p><span style="font-size:14pt;">Pros&nbsp;&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">This ban may stop excessive foreign investments in Canadian residential properties and help national residents buy more homes.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">This may help bring down the home prices a little if the lucrative foreign investments stop coming in. This can help properties become more affordable and available for Canadians.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">This move may also help in bringing down the average </span><a href="https://www.ratehub.ca/best-mortgage-rates" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">housing mortgage rates</span></a><span style="font-size:11pt;"> in the Canadian market. The rates have been rising constantly for the past couple of years, this may slow down after the ban.&nbsp;&nbsp;</span></p></li></ul></div><div><p><span style="font-size:14pt;">Cons&nbsp;&nbsp;</span></p></div></div><div style="font-size:14.6667px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Foreign purchases brought in a lot of lucrative money and helped many local Canadian real estate businesses grow. This ban may become a roadblock for some real estate businesses which catered to overseas clients.&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">This ban may not have any positive impact on home prices. Homes may remain as costly as before and low-income Canadian households may still not be able to afford homes. In the end, the real estate market may lose foreign customers, and at the same time gain no new residential customers. This can be a major setback.&nbsp;&nbsp;</span></p></li></ul></div></div></div></div>
</div><div data-element-id="elm_qqoZNRRXYLC3qULwyiHAxg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_qqoZNRRXYLC3qULwyiHAxg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left " data-editor="true">Outlook in Real Estate for the Next Few Years&nbsp;</h2></div>
<div data-element-id="elm_GSuzpw1uFFRAzS7uNrclYw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_GSuzpw1uFFRAzS7uNrclYw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="font-size:11pt;">If Canada’s ban on foreigners buying homes in Canada is the right decision or not, is still a matter of debate among many. But as a real estate business owner or manager, you need to know how to steer this trend and keep your business afloat. This sudden ban can come as a jolt to your business if you do not plan your </span><a href="https://www.assetsoft.biz/strategy-and-leadership" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">strategy and leadership</span></a><span style="font-size:11pt;"> to get on top of this trend. No matter who your clientele was, foreign investors or Canadian nationals, this sudden change in the market is bound to affect the whole real estate market. But this ban was only imposed on the 1st of January, so its ripple effects are yet to be felt. What the future holds, and how this 2-year ban unfolds is still a big question mark in the industry.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">We suggest you talk to the Assetsoft strategy and leadership team and advisory experts to learn if this new development affects you. We can also help you figure out which recent market trends and updates are relevant to you. Get in touch with our team for more. You can also </span><a href="https://www.assetsoft.biz/get-started" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;text-decoration:underline;">book a free consultation call</span></a><span style="font-size:11pt;"> on our website to get started.&nbsp;&nbsp;</span></p></div></div></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 01 Feb 2023 17:21:28 -0500</pubDate></item><item><title><![CDATA[6 Quirky Ideas to Grow Your Small Real Estate Biz ]]></title><link>https://www.assetsoft.biz/blogs/post/6-quirky-ideas-to-grow-your-small-real-estate-biz</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/6 quirky ideas to grow your small real estate biz_Rect -1-.png"/>Is your real estate business becoming stagnant? Have you tried all the basic marketing strategies? Well, you are not alone; when it comes to basic mar ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_kh5nJ2c1TwW9LASCGYDsCw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_VYU0LjW4RoW48GeIitzOkQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_O13MTppbQVS4TkE-s3hznA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_DYfhRRvS1Cz9Oco8gDOdVQ" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_DYfhRRvS1Cz9Oco8gDOdVQ"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_DYfhRRvS1Cz9Oco8gDOdVQ"] .zpimage-container figure img { width:723px ; height:154.99px ; } } @media (max-width: 767px) { [data-element-id="elm_DYfhRRvS1Cz9Oco8gDOdVQ"] .zpimage-container figure img { width:415px ; height:88.97px ; } } [data-element-id="elm_DYfhRRvS1Cz9Oco8gDOdVQ"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/6%20quirky%20ideas%20to%20grow%20your%20small%20real%20estate%20biz_Rect%20-1-.png" width="415" height="88.97" loading="lazy" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_19VYh8e1RtyyJ88b7zyelw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_19VYh8e1RtyyJ88b7zyelw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Is your real estate business becoming stagnant? Have you tried all the basic marketing strategies? Well, you are not alone; when it comes to basic marketing and sales ideas, most businesses think similarly. This sometimes leads to stagnancy in growth. The competition is stiff, and the number of agents and real estate businesses is growing by the day. How do you stand out in this crowd? You improvise and bring more quirky ideas to the table to help in expansion.&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="color:inherit;font-size:11pt;">As a real estate professional, you have </span><a href="https://www.nar.realtor/research-and-statistics/quick-real-estate-statistics" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">1,564,547 NAR registered members</span></a><span style="color:inherit;font-size:11pt;"> to compete with every single day. As advertising and marketing professionals believe, great sales and growth strategies are mainly about </span><span style="font-size:11pt;">knowing what not to do</span><span style="color:inherit;font-size:11pt;">. The first thing you should not do when you want to grow your small real estate business is swim in generic marketing trends.&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">But if you are not a trained marketing professional, it might be a little hard if you are following a DIY process. That is where we can help you with our strategy and leadership plans. Here are some clever and quirky ideas to help you think outside the box and easily grow your business and speed up sales.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_ZM0TF3vZIyuU7RJpLLsrPg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ZM0TF3vZIyuU7RJpLLsrPg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">Quirky and offbeat ideas to grow your business&nbsp;</span></span></h2></div>
<div data-element-id="elm_HSi2JQ-_1LJ6m1hm2bWv7A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_HSi2JQ-_1LJ6m1hm2bWv7A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><p><span style="font-size:11pt;">When the expansion budgets are tight, you have to improvise and innovate and make the strategies work in your favor. Here are some unconventional ways to grow your small biz.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br/></span></p></div><div style="font-size:12px;"><div><ol start="1"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Buy it, fix it and flip it&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">House flipping is sometimes considered a redundant purchase because these houses generally have a lot of additional work. But you need to have the right eye to find the properties which are being sold at a lower price than the market value because of their bad insides. The money you save in buying it is the money you can reinvest in fixing and flipping it.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">The main concern is, that the house buying and the flipping process should not exceed your budget. When you see a house, get an inspection and evaluation done to understand if it's worth your money and labor. Then move forward.&nbsp;&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">House flipping is a full-time profession for some people. Reports say more than </span><a href="https://www.fool.com/research/house-flipping-statistics/#:%7E:text=323%2C465%20homes%20were%20flipped%20in%2C7%25%20from%20the%20previous%20quarter." target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">323,465 homes were flipped in 2021</span></a><span style="font-size:11pt;"> in the USA alone. You can use this strategy as a secondary measure to grow your business. These properties will be an addition to the properties you already have in your portfolio. The best place to find such properties is foreclosure markets.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br/></span></p></div><div><ol start="2"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Find hidden, distressed, and off-market properties&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Off-market and distressed properties are not always found on conventional real estate listing sites. These are properties that owners want to get rid of quickly due to bankruptcy or personal issues. Traditional housing channels need a long time to list properties and make a sale. You can buy these properties from the owner's hands at lower prices and sell them at the actual market value.&nbsp;&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Again, there is a similar problem here; like flipping properties, you need to have a good eye for identifying off-market and distressed properties which are worth investing in. Some of these properties have issues with their documents, and some have disputes with ownership. If you plan on buying one, you need to find one with the least issues.</span></p><p><span style="font-size:11pt;">&nbsp;&nbsp;</span></p></div><div><ol start="3"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">There is a huge vacation rental market&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Many real estate businesses do not tap into this market because it is seasonal. But if you plan it well, there is always vacation season at some locations around the country. You can diversify your portfolio by renting out short-term rental homes for higher prices than yearly rentals. Or if you want to create vacation homes for the long term, then the prices need to be medium ranged. This will allow customers to fill up your space throughout the year.&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">According to </span><a href="https://www.globenewswire.com/en/news-release/2022/04/21/2426379/28124/en/United-States-Vacation-Rental-Market-Report-2022-2026-Rise-in-Popularity-of-Countryside-and-Coastal-Vacation-Rise-in-Flex-cation-Usage-of-Vacation-Rental-Tools-Software-Gaining-Wid.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">Global Wire News reports</span></a><span style="font-size:11pt;">, the vacation rental home market in the USA was as high as US$14.32 billion in 2021 and is expected to reach US$21.53 billion in 2026. Are you still contemplating if you should invest in this sector? Market reports say you should.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br/></span></p></div><div><ol start="4"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Go bold on social media&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Boring and mundane content on social media is dead, especially posts that stand out as ads. You need to create content that can blend in with the normal feed of your target audience. You can use micro-influencers to talk about you in candid videos; you can create awareness and educational videos. The </span><a href="https://blog.hubspot.com/blog/tabid/6307/bid/23865/13-mind-bending-social-media-marketing-statistics.aspx" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">Hubspot research</span></a><span style="font-size:11pt;"> blog says that more than 77% of marketers and businesses have seen effective growth with better social media strategy and posts.&nbsp;&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Get people to follow you for your content quality. You will gain no followers if you only sell your products on your social media. It has to be more about being organic and interacting with customers than just sales.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br/></span></p></div><div><ol start="5"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Indulge in local and small-scale sponsorships&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">When you indulge in local events and sponsor small-scale occasions, it portrays you as a real person and not just a hardcore real estate business. You do not need to necessarily talk about your business at these events; just have your name and contact out there. If you perform well in naturally communicating with the crowd at these events, they are sure to convert into clients. Make these events about connection building than just sales.&nbsp;&nbsp;</span></p><p><span style="font-size:11pt;"><br/></span></p></div></div><div style="font-size:12px;"><div><ol start="6"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Try TV and radio ads for the older generations&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Yes, working your social media is important to cater to the tech-savvy generations like Gen Z and the millennials. But a certain number of people still have minimal to no contact with the internet and other technology selections. The best way to communicate and hit this market is through conventional advertisements.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">If you do market research and find out that the kind of market you cater to, the audience around you is filled with people from the older generations, make sure to use TV and radio ads. This will positively impact this crowd, and the chances of converting them into business are much higher. You can also list your properties in local newspapers and poster adverts.&nbsp;&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_68QYo1fCepbI6ZWtaqdAug" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_68QYo1fCepbI6ZWtaqdAug"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">Growing your business with Assetsoft’s strategy and leadership&nbsp;</span></span></h2></div>
<div data-element-id="elm__ffVNJAWIrKvFB-Oefhg3Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm__ffVNJAWIrKvFB-Oefhg3Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Do these ideas seem interesting and intriguing? We can provide you with many more such tips and tricks. If it gets a little too daunting for you, plan your strategy and leadership with the Assetsoft team, and we will guide you every step of the way.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Talk to us for more!&nbsp;</span></p></div></div></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 07 Dec 2022 20:59:00 -0500</pubDate></item><item><title><![CDATA[Top Real Estate Business Issues that you can Solve with CRM ]]></title><link>https://www.assetsoft.biz/blogs/post/top-real-estate-business-issues-that-you-can-solve-with-crm</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Problems in the real estate business that you can solve with CRM_Squr.png"/>Customer relationship management is tricky in all businesses, and the real estate industry is no expectation. As this is an industry that is heavily d ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_PKUYITc4QLKgMXN62XBmGA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_B-xKW9TCQPmYUiI_GklsUQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_JqLRR91SRGCaG0bE2HMxqw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_JqLRR91SRGCaG0bE2HMxqw"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_cnXlamNrLaqjpl9oRs0NXw" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_cnXlamNrLaqjpl9oRs0NXw"] .zpimage-container figure img { width: 1110px ; height: 237.96px ; } } @media (max-width: 991px) and (min-width: 768px) { [data-element-id="elm_cnXlamNrLaqjpl9oRs0NXw"] .zpimage-container figure img { width:723px ; height:154.99px ; } } @media (max-width: 767px) { [data-element-id="elm_cnXlamNrLaqjpl9oRs0NXw"] .zpimage-container figure img { width:415px ; height:88.97px ; } } [data-element-id="elm_cnXlamNrLaqjpl9oRs0NXw"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Problems%20in%20the%20real%20estate%20business%20that%20you%20can%20solve%20with%20CRM_Rect.png" width="415" height="88.97" loading="lazy" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_n1no47yMQ1C0U_4Lx7j0rQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_n1no47yMQ1C0U_4Lx7j0rQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Customer relationship management is tricky in all businesses, and the real estate industry is no expectation. As this is an industry that is heavily dependent on building and maintaining customer relations and getting capital investments, managing relations is at the crux of it. </span><a href="https://www.agilecrm.com/blog/statistics-that-prove-the-need-for-a-crm/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">Research by the Agile CRM company</span></a><span style="font-size:11pt;"> shows that the right real estate CRM can increase sales productivity by 34%, sales by 29%, and sales accuracy by more than 42%.&nbsp;&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">Beyond sales, there are many more problems in real estate that the right selection of technology with CRM can help streamline and solve. This article will help you address the different problems and find the best solutions with various CRM features <a href="/#https%3A//icytales.com/5-mistakes-to-avoid-as-a-business-owner/" title="as a business owner" rel="">as a business owner</a>&nbsp;and avoid common mistakes.&nbsp;&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p style="text-align:left;"><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p style="text-align:left;"><span style="color:inherit;font-size:11pt;">No matter the size of your real estate business, anyone can integrate CRM. </span><span style="font-size:11pt;">Market stats</span><span style="color:inherit;font-size:11pt;"> say that any real estate agents who earn anywhere more than $100,000 annually use CRM to handle and manage their work and grow. Here is how you can do that too.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_B_WNt577PGGsDxmS_HXFNQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_B_WNt577PGGsDxmS_HXFNQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true">Solving Real Estate Management Issues</h2></div>
<div data-element-id="elm_Z94Ee4lqg2MwqUWX8ptiIw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Z94Ee4lqg2MwqUWX8ptiIw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="color:inherit;"><div style="font-size:14.6667px;"><p><span style="font-size:11pt;">Are you facing these problems in your real estate business? Look out for the signs to know that it is time to integrate CRM software.&nbsp;</span></p></div><div style="font-size:14.6667px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Problems in finding credible leads and efficiently managing them&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Failure to follow up with customers/leads&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">Report generation and customer behavior analysis is a struggle&nbsp;</span></p></li><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">No proper system for sales and marketing&nbsp;</span></p></li></ul></div></div><div style="font-size:14.6667px;"><div><ul><li style="margin-left:24px;font-size:11pt;"><p><span style="font-size:11pt;">You have no track of your inventory and no real-time updates on properties&nbsp;</span></p></li></ul></div></div></div></div>
</div><div data-element-id="elm_ZqcYfw_m9X6FCD9G4M7H5g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ZqcYfw_m9X6FCD9G4M7H5g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">10 problems in real estate that CRM can solve&nbsp;</span></span></h2></div>
<div data-element-id="elm_RboYNFG3ebeo-Cj9cmkGOQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RboYNFG3ebeo-Cj9cmkGOQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="color:inherit;"><div style="font-size:12px;"><div><p><span style="font-size:11pt;">Here are 10 real estate business problems that CRM can easily handle.&nbsp;</span></p><p><span style="font-size:11pt;"><br/></span></p></div><div><ol start="1"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Lead tracking and monitoring&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><a href="https://www.refermeiq.com/resources/real-estate-statistics-you-must-know/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;">Research says</span></a><span style="font-size:11pt;"> that 88% of buyers and more than 82% of sellers recommended their real estate agents or themselves reuse their services if they have a pleasant experience. Any lead you gather must be organized, followed up with, and monitored to speed up sales. Your referrals need to be organized according to priority/category and need to be tracked regularly to convert them into paying customers. CRM software can easily help you automate the whole process without wasting additional labor and money.&nbsp;&nbsp;</span></p></div><div><ol start="2"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Future business forecasting&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">How does this work? If you track your customers' buying and paying patterns through your CRM software, you can easily draw up detailed analytical reports on the future of your business. You can even track the lifecycle of your marketing strategies, understand which ones worked better than the others, and invest in the areas with better responses from potential customers.&nbsp;&nbsp;</span></p></div><div><ol start="3"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Inventory management&nbsp;</span></p></li></ol></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Real estate inventory management is a strenuous task because no company works with just a handful of properties. Getting real-time data from all locations and every agent and updating them on your system can take a lot of time if this process is not automated.&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Project management with CRM software can help streamline this work. Your field agents can remotely update information about property sales and or tenant turnover on the CRM dashboard. There will be no need to run back and forth to the office to coordinate with the team.&nbsp;&nbsp;</span></p></div><div><ol start="4"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Managing different properties in different locations&nbsp;</span></p></li></ol></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">When you have a diverse real estate portfolio, chances are that your properties are spread across a large space or even across international waters. If you can communicate with all your tenants and stay updated about all your properties, it would simplify your work. CRM software can help you do all of it from a single dashboard. This will help improve your efficiency and reduce the company's carbon footprint.&nbsp;&nbsp;</span></p></div><div><ol start="5"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Agent commission management&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">As you keep growing your portfolio, the number of agents will also keep increasing under your company. This means an obvious rise in agent commissions, but keeping track of the sales made by each agent and their commission percentage can not be done on excel sheets. You need to work with CRM software to better insights into agent commission and automate their management work.&nbsp;&nbsp;</span></p></div></div><div style="font-size:12px;"><div><ol start="6"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Office task management&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Keeping track of your agents and other employees is not humanly possible without the proper technology selection. You can track the whereabouts of your employees during work hours; you can keep track of their work, analyze their performance and do all kinds of internal office communications from the CRM software.&nbsp;&nbsp;</span></p></div><div><ol start="7"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Automated marketing and sales&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">When the number of millennial homebuyers is rising, real estate businesses can not afford to run away from dynamic marketing and sales plans. CRM software like Zoho offers options to integrate all your marketing and sales plans into their existing system. You can keep track of your campaigns, send automated emails to leads, and understand your strengths and weaknesses in marketing.&nbsp;&nbsp;</span></p></div><div><ol start="8"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Centralized data system&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">The cost of storing and handling physical data on paper is humongous and is bound to be filled with errors. CRM systems can easily help create a centralized and secure data system on the cloud and can be accessed from any location. You can easily do away with the costs of getting extra storage space to keep your cumbersome paperwork and get it digitalized into your CRM system.&nbsp;&nbsp;</span></p></div><div><ol start="9"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">High remote work productivity&nbsp;</span></p></li></ol></div></div><div style="font-size:12px;"><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">After the pandemic, the whole world has learned to adapt to remote work practices, and the real estate business should not fall behind. With the use of CRM software, remote work should no longer be a hassle for this industry. Inventory tracking, employee management, calendar management, data management, and a lot more can be done remotely, which helps promote remote work.&nbsp;&nbsp;</span></p></div><div><ol start="10"><li style="margin-left:24px;font-size:14pt;"><p><span style="font-size:14pt;">Maintaining customer relations&nbsp;</span></p></li></ol></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Keeping track of your customer grievances and reviews and following up with them regularly easily help you retain customers and renew leases. Your CRM software can help you constantly stay in touch with your customers and make them valued to retain their business.&nbsp;&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_KPfnVPB-mrYenpnP1eYfUg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_KPfnVPB-mrYenpnP1eYfUg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;"><span style="font-size:16pt;">Integrating CRM software with Assetsoft&nbsp;</span></span></h2></div>
<div data-element-id="elm_gzRcr7Vbzs6QKkJNtVNRhA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_gzRcr7Vbzs6QKkJNtVNRhA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Market reports</span><span style="color:inherit;font-size:11pt;"> have found that for every dollar that real estate companies invest in CRM software, they get a minimum return of $8.71. So, it is quite clear that not only does CRM solve many of your impending problems, but it also positively reflects on your ROI. It is time you start integrating CRM software to reap the benefits.&nbsp;&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">To know more about how to start and go about this process, talk to our team at Assetsoft.&nbsp;&nbsp;</span></p></div></div></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 02 Dec 2022 20:17:39 -0500</pubDate></item></channel></rss>