There’s probably not a person in the world who doesn’t wish they had a time machine. We all wish we could go back in the past and fix mistakes (like those acid wash jeans in the ‘80s), or take a peek into the future (to see who will win the World Series in 2020, of course). Even if you could stay in the present and simply see what the rest of the day holds, you’d take it, right?
Time travel would especially come in handy for commercial real estate (CRE) professionals. Wouldn’t it be nice if there was an easy way to avoid costly mistakes with tenants or more accurately plan for future leases? Well, there kind of is. With Quarem, corporate lease administration has never been easier.
Here are three ways Quarem makes corporate lease administration easier:
Avoid Repeating Past Problems
Been burned by mismanaged lease documentation? Unexpected overhead facility fees kill your cash flow? Had trouble establishing break-even occupancy rates? You don’t have a luck problem, you have a documentation problem. With Quarem, you can not only securely store and maintain control over every property and leased location (as well as sub-tenants), you can better organize it so you vastly increase efficiency and reduce administrative overhead associated with your lease management. From documents, photos and plans to activity monitoring and author stamping, Quarem makes it easier to ensure your past problems don’t affect your present or future.
Recognize Present Opportunities
How aware are you of current opportunities in the market, really? The right corporate lease administration software will give you insights not only into your existing commercial properties, but your potential properties as well. For example, were you able to take advantage of the huge spike in commercial hotel property vacancy rates identified by the National Association of Realtors in Q1 of last year? With Quarem’s powerful market tools, you could have. Additionally, Quarem lets you utilize lease data to analyze occupancy costs, rent patterns, space utilization and establish benchmarks for future leasing.
Plan Better for the Future
Corporate users of Quarem enjoy lease administration that reduces contractual risks while providing powerful occupancy benchmarking for future leasing and planning. From helping you avoid missing critical dates (by sending you notifications about them) to forecasting expirations, lease options and termination rights, you will be one step ahead of the competition. The best part? You can customize your forecasts, alerts and reports to track what you want to and stay ahead of the curve.
These are just a few ways Qurem is like your own personal time machine. To truly see corporate lease administration made easy with Quarem, you’ll need to experience it for yourself. Schedule a demo today!