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Monday, February 12, 2024

What to Look for in a CRE Platform

Top Five Things to Look for in a Commercial Real Estate Software Package

It seems like there are a myriad of options when it comes to tools for your commercial real estate brokerage. In this article, we explore the top five things you should consider when you are looking for new tools. Consider these aspects when you're shopping around, whether you are a one person shop or have an office with dozens of agents.

1. Ease of Use

Do your tools work for you or against you?

The best technology simplifies rather than complicates your tasks. 

The interface should be intuitive, with a short learning curve, allowing you to navigate effortlessly through its features. If you find yourself spending excessive time trying to figure out how to perform basic functions, it's a sign that the platform may not be the right fit for your business.

TheAnalyst PRO was designed from the ground up to be user friendly and immediately usable by absolutely anyone with knowledge of Commercial Real Estate. Each screen of the system is instantly understandable with straightforward inputs. Should users have questions regarding any aspect of the system, a tutorial video is available for nearly every aspect of the platform. 

2. Reputation

What are people saying about the platform?

Reputation speaks volumes about the reliability and effectiveness of any software platform. 

Before making a decision, research the platform's standing within the industry. Seek recommendations from colleagues, read reviews, and evaluate testimonials to gauge its track record. Opt for platforms with a proven history of success, as they are more likely to deliver the results you expect. And consider their actual knowledge of the Commercial Real Estate industry.

For over 13 years, TheAnalyst PRO has faithfully served all of our users, whether they are industry leaders with CCIM and SIOR designations or newcomers just starting out in Commercial Real Estate. The founders are your colleagues and have decades of knowledge and practicing in the industry. Ask around, we're confident that our commitment to excellence and innovation will be confirmed. 

3. Versatility

Are all of your needs met with one system?

A top-notch commercial real estate platform should offer versatility, catering to various aspects of your business. 

Whether you're representing sellers, analyzing leases for end users, or managing a portfolio of assets, the platform should provide a robust set of features to support your diverse needs. Look for a platform that offers comprehensive array of tools to ensure it adapts seamlessly to your workflow.

TheAnalyst PRO has tools for every job. From sophisticated financial analytics to complete due diligence packages and comprehensive offering memorandums, TheAnalyst PRO streamlines every aspect of your business. 

4. Improvement

Do your tools evolve with your business?

Innovation is key to staying ahead in the competitive Commercial Real Estate industry. 

Choose a platform that continually evolves and improves over time. This includes regular updates, feature enhancements, and responsive customer support. A platform committed to innovation demonstrates its dedication to meeting the evolving needs of its users, ensuring you always have access to cutting-edge tools and technologies.

TheAnalyst PRO has continued to evolve since its inception as an iPhone app all the way back in 2011. Within the last year, TheAnalyst PRO has integrated ChatGPT functionality, built an entire admin dashboard, and created a system for displaying your entire office's inventory of listings on your firm's website. 

5. Collaboration

Your tools shouldn’t stifle your team.

Effective collaboration is essential for success in commercial real estate. 

Look for a platform that facilitates seamless collaboration among team members, clients, and stakeholders. Features such as the sharing of files, adding team members to multiple reports, and admin controls can enhance teamwork and productivity

TheAnalyst PRO has collaboration and cooperation baked into every aspect of the platform. Easily share input files with team members, allowing them to make modifications to financial analytics and marketing packages. Effortlessly add multiple team members and their contact information to Offering Memorandums and property websites allowing clients to reach everyone involved. 

Are you looking for a better toolkit for your commercial real estate business? We're confident our platform can help you meet your greatest challenges

Schedule a demo with one of our amazing team members today!

Schedule a demo here!