Innovative Solutions With the Best Commercial Real Estate Software
Mar 10, 2021
The commercial real estate industry has developed at encouraging rates in recent years. Appraisal software helps professionals to understand extremely about markets and property values quicker than ever before.
Today, there are tools to help virtually with their everyday tasks and operation on an individual or company wide level.
By using real estate appraisal software, the process will be performed quicker and more accurate. If you are new to the world of appraisal software, this blog will give you the clear idea on how to start. Here you will look at the best commercial real estate software.
Commercial Real Estate software:
CRE companies across the country are adopting software tools to improve lead generation, research, analysis, prospect outreach, general business operations, etc.
Best for: owners, brokers, buyer/investor, lender, appraisers, tax consultants, property manager, portfolio manager and analyst.
Owner: Uses CARS periodically to update commercial values and to sell the commercial asset.
Brokers: to list property for sale.
Buyer/Investors: to purchase commercial property.
Lender: to refinance and to share CARS file with lender.
Appraiser: to complete appraisal or evaluations.
Tax consultant: to manage future real estate tax liability.
Property manager: to manage current and pro forma financial modeling of the commercial asset.
Portfolio manager aggregates individual CARS files into a discounted cash flow template aggregating all assets.
Analysts can then quickly update valuations, with efficiencies and confidence.
What you can do with CARS
4 - minute commercial property evaluations; 40 - minute commercial narrative appraisals; and
1 - appraiser can complete 800+ appraisals in one year.
Commercial Assessment Reporting System (CARS) can reduce report prep time by 80%+, No third party data subscriptions are needed, data and comps are included within the applications.
The software applications out there today help appraisers pull market data, analyze comps, and generate different types of customized reports.
Features of Commercial Assessment Reporting
Improved Client Management
Cloud hosted data and processing
No software to install
With the right set of tools, you can be well on your way and develop your business. Reach CARS to learn more about getting started in commercial real estate with no cash. Experience it today.