Here's how you can streamline your commercial real estate workflow and save time with technology.

We're showing our clients how to streamline their CRE workflows using AI. Here are three ways we do that: 1. Contract analysis - use AI to analyze complicated concepts in lengthy, legalize ridden contracts. A particularly powerful (advanced) use of this is to interpret tax treatment in syndication PPM's. 2. Use AI to generate high-converting email sequences when you have a new deal to launch (if you're a capital raiser). 3. Generate high value, educational content that attracts, nurtures, and converts prospects to working with you. Really. If you're not using AI already to streamline workflows, you're losing ground to the folk who are.

Customer relationship management (CRM) systems are a game-changer for managing contacts and leads in commercial real estate. I had a client who struggled with disorganized client data and follow-ups. Implementing a CRM system transformed their process, enabling them to track interactions, schedule follow-ups, and organize client information efficiently. This not only reduced time spent on administrative tasks but also enhanced personalized communication, leading to more closed deals and improved customer service.

Advanced data analytics tools let you to process vast amounts of info & uncover actionable insights. These tools automate collection, integration, & analysis of data from sources including market trends, performance metrics, & economic indicators. This automation reduces time spent on manual data entry & analysis, allowing focus on higher-value tasks like strategy development & decision-making. AI can forecast market shifts & identify emerging opportunities, enabling proactive adjustments to strategy. BI tools can present complex data in an easily-digestible format, facilitating quicker understanding & communication of insights. With these tools, firms can make informed decisions faster, optimize operations, & maintain a competitive edge.

Asana. - Template Tasks - Automate Workflows - Delegate Responsibilities Other project management software has similar capabilities. At this point our team utilizes Asana for its ease of use.

Automation is a powerful way to streamline repetitive tasks in your commercial real estate workflow. I had a client who used automated email responses and scheduling software for property viewings. This significantly freed up their schedule for more critical tasks and minimized human error. By allowing technology to handle routine work, they were able to focus on building relationships and strategizing for growth, ultimately boosting their productivity and efficiency.

In today’s world, being able to work from anywhere at any time is vital, and mobile technology makes this possible in commercial real estate. One of my first experiences involved a client who utilized mobile-friendly platforms to access property listings and client information on the go. This flexibility allowed them to respond quickly to inquiries, update listings while on-site, and stay connected with their team, significantly enhancing their productivity and responsiveness.