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
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
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
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
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 So, inevitably, they use tedious, outdated methods wasting precious time.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
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
Knowing about emerging CRE tech and market trends can help you stay ahead of competitors. When you adopt commercial real estate technology before other agents and brokers, you maintain an advantage that helps you focus your time and energy on the projects that matter most. Instead of getting involved in
Successful commercial real estate (CRE) deals can generate a lot of money for agencies and independent agents. In many cases, agents earn 4% to 8% on their sales. Selling a $2 million commercial property, therefore, could mean making $80,000 to $160,000. With so much money involved, it makes sense that
In real estate, we’re often given advice regarding finding our niche and using highly targeted keywords and marketing strategies. What this boils down to is the fact that localizing services is desirable for many agents. One of the best strategies is direct mail for commercial real estate. This is also
A great majority of people think commercial real estate (CRE) brokering is just about assisting people with buying, leasing, selling, and investing in commercial real estate. But – the greater majority of people have never even met a CRE broker. A small percentage of commercial real estate professionals have mastered the art of CRE
