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Why Speed is King in Pre-Development: Concept and Feasibility Phase
Real estate development is difficult because it requires distinct talents and resources to bring a project vision to fruition. To get started, a developer at the very least must control one of the following:
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How to Leverage Vendor Data With Real Estate Development Software
Wouldn’t it be nice to know a vendor is reliable before you agree to do business with them? This knowledge is invaluable to your real estate development team.
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How to De-Risk Real Estate Projects During Pre-Development
One of the most challenging aspects of real estate development is getting new projects off the ground. With 70% of real estate project delays happening before construction begins, getting the pre-development phase right is essential.
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How Commercial Real Estate Software Helps Ease Hiring Woes
Many companies across the United States are hiring right now. The U.S. Bureau of Labor Statistics reported that job openings were at a high of 11.5 million on the last business day of March 2022. This is the highest level in history since they began tracking it back in 2000. Clearly, you’re not alone if…
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What is Real Estate Development Software?
As a real estate developer, software purpose-built to meet your needs has been hard to find. As other industries saw added efficiencies with technology innovations and software, real estate development was left with spreadsheets to track project progress and manage hundreds of vendors.
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3 Ways For Real Estate Developers to Streamline Vendor Procurement
No matter the size or type of vendor, finding high-quality people for your real estate projects is time-consuming and laborious. Whether your project requires 40 or 400 vendors, the traditional procurement process is inefficient and ineffective for sourcing and evaluating vendors.
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Is Now the Time to Invest in Multi-Family Development?
Due to the pandemic, you’ve likely been cautious the last few years, and rightfully so. Now is a great time to think ahead and plan for your next big development opportunity. Many investment and commercial real estate experts believe multi-family developments may be a great opportunity.
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How Aging Populations Impact Real Estate Development
If there’s one thing we can agree on when it comes to baby boomers, it’s that there is a lot of them: 77 million, to be precise. Government census data tells us that nearly 10,000 baby boomers turn 65 every day. By 2030, over 20% of the U.S. population will be over 65.
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How Real Estate Development Software Helps Project Managers
As a real estate project manager, you have a lot of responsibilities on your plate. You’re tasked with delivering projects most efficiently, ensuring initial budgets hold firm and deadlines are met. Yet, your time is spent manually inputting cost information into tracking documents, reconciling differing numbers, and building timely reports for your financial partners.