ProspectNow Blog

Buildout Announces Acquisition of ProspectNow

Chicago, IL—Buildout, the developer of the premier commercial real estate (CRE) dealmaking platform used by over one-third of brokers, today announced that they acquired ProspectNow, a premier provider of AI-powered real estate property and owner intelligence. As part of this acquisition, Buildout will integrate ProspectNow with its solutions. “The ProspectNow

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How to Find Homes Going to Auction

When a person stops making payments on their mortgage, they enter “default” status. Missing just one mortgage payment puts a borrower into default, but lenders generally don’t start taking legal action to collect until the borrower has missed three or more payments. Upon the fourth missed payment, a notice of

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Commercial Space: How to Determine Usable vs. Rentable Square Footage

Commercial real estate space is a significant investment and commitment. If you’re an investor or looking for off-market commercial real estate space, it’s important to know what you are leasing before creating rent amounts in a lease. After all the due diligence and property owner background you have collected, it’s

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Types of Ownership in Real Estate

The different kinds of ownership in real estate come with unique advantages and disadvantages. As you explore commercial and multi-family properties in your area, keep the following options in mind. You could discover that a specific type of ownership makes it easier for you to generate a stronger return on

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How To See if a House Is In Pre-Foreclosure

If you’re trying to find a way to get a great deal on an investment, you may be interested in buying a home that’s in pre-foreclosure. This type of home usually sells far below market value, giving you a chance to invest in real estate at a low price. But

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How to Find Retail Property for Sale

Although the COVID-19 pandemic hurt commercial property values during 2020, they largely rebounded in 2021. Some investment experts even believe that retail is one of few types of commercial real estate that investors should take seriously until the pandemic passes. Whether you decide to invest in or negotiate the sale

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Best ways to find commercial land for sale by owner

Finding commercial land for sale by owner (FSBO) isn’t as difficult today as it once was. Maybe you spent countless hours peering through public records, paying exorbitant fees to sites that promised to connect you with a property owner, or reaching out to owners randomly on your own to test

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4 Features of the Best Database Software for Realtors

Using the best database software for realtors should give you features that help you identify off-market properties and manage leads without forcing you to spend more time at work. Predictive Analytics That Find Off-Market Properties Success in real estate often depends on whether you can determine which off-market properties will

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8 Reasons You Need a Commercial Real Estate Marketing Software

For commercial real estate agents, some feel that marketing isn’t their strong suit. So, inevitably, they use tedious, outdated methods wasting precious time. Even if they do adopt marketing platforms or other solutions, they give up and bounce between solutions – further wasting more time and resources. All they want

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How to find distressed apartment buildings for investment opportunities

Distressed apartment buildings offer tremendous earning potential for real estate brokers and investors. You can often buy these properties at drastically reduced prices, which means you save money on your initial investment. You might, however, need to invest in rehabilitating parts of the building. Choosing the right apartment building makes

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