CRM & Deal Management

for the Modern Commercial Broker

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Features

CRM

Digital Rolodex - 360 degree view of your entire contact database

Prospect Management

Every Property your brokerage touches, all in one place

Deal Pipeline Management

Intuitively automate the sales cycle from Proposal to Close

Report & Analytics

Robust analytics engine provides top down visibility to foster data-driven decisions

Commisions & Payment

Seamless prospecting to uncover new business engagements

CRE Database

Digital Rolodex - 360 degree view of your entire contact database

Comp Database

Every Property your brokerage touches, all in one place

Stacking Plan

Intuitively automate the sales cycle from Proposal to Close

Properties & Listing

Robust analytics engine provides top down visibility to foster data-driven decisions

Mobile

Every Property your brokerage touches, all in one place

All your CRE in one place

Tenant Rep

Find the perfect office, industrial, or retail space for your client. Manage all tenant representation deals in one system.

Landlord Rep

Connect your building owners with the perfect tenant in less time, while giving landlords better visibility into each stage of the deal.

Buyer Rep

Managing acquisitions have never been easier. Promote your client’s best interest and find the perfect deal for your client while managing the entire buyer representation process in REthink.

Seller Rep

Maximize your seller’s return on their sale by having critical data in one place. Use comps to determine the best price point and leverage your existing database of buyers to quickly connect.

What REthink Clients Are Saying?

Featured Articles
Tom IsolaTom IsolaLee & Associates-L.A. West
"We were really thorough with our CRM evaluation process. Our goal was to find a platform that everyone could and would use, even the guys who don’t like to organize their data. Our CRM had to be extremely user friendly to get our brokers hooked. We’ve added REthink licenses since implementation, which has been driven by brokers seeing other broker’s in the office finding value in REthink almost immediately."img
Kyle LundyKyle LundyCBRE - Fort Collins
"The REthink platform and team is fantastic and I’ve never used that word when speaking about software. The onboarding analyst was the best that I have ever had the pleasure of working with. She went above and beyond customizing the software to the specific needs of our team...I spent hours comparing the CRM's for real estate and REthink is best of class. If you put in the time during implementation then the combination of REthink’s product, team and support will leave you with a competitive advantage."img
 Bryant Patterson Bryant PattersonStream Realty - Austin
"When it came to CRM we realized we really need 3 core items, 1. a customizable platform. We needed something that we could modify over time. 2. Integration with other products. We need contacts to flow into Outlook, we need to connect to our marketing solutions, etc.  3. a collaborative relationship with the company behind our CRM. We wanted someone with technical and real estate experience who we could partner with. We looked at everyone in the market and chose REthink because they checked all of these boxes."
Greg BrownGreg BrownNAI DiLeo-Bram & Co.

"From the start, REthink took a consultative approach, really taking the time to understand our business and objectives. REthink has become the core foundation of our technology stack; a central hub connecting our broader marketing and client engagement technology suite. The overarching result has improved office harmony, accountability within our team, and overall a better experience for our clients."

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Blog

THE NEW #CRECOSYSTEM: WHAT’S NEXT JORDAN ZECHER

As commercial real estate technology continues to accelerate it’s great to engage with industry leaders to gain their perspective on where we are and where we are headed as an industry. Together with one of our technology partners, and fellow Austin startup, RealMassive, we have brought to you, The New #CREcosystem: What’s Next. In this sequel to RealMassive’s The New #CREcosystem, you’ll hear from commercial real estate professionals from varying backgrounds sharing their use, opinions, and predictions related to emerging technology, digital marketing, and predictive analytics.

Below you’ll find a preview of what you’ll find in the full report – The New #CREcosystem: What’s Next.

EMERGING TECHNOLOGY

“The arrival of self-driving cars will create a more efficient use of highways/commute times lessen, ability for employees to carpool or spend less on transit cost via fractional ownership, less parking required as autonomous vehicles can be kept in use for longer periods (drop off employee, act as an uber type service until employee w priority access requests vehicle to go to a meeting/home). Positive enviro impacts possible with electric vehicles.

– Chris SandsFounder & CEO, Sands Investment Group

“The arrival of self-driving cars will create a more efficient use of highways/commute times lessen, ability for employees to carpool or spend less on transit cost via fractional ownership, less parking required as autonomous vehicles can be kept in use for longer periods (drop off employee, act as an uber type service until employee w priority access requests vehicle to go to a meeting/home). Positive enviro impacts possible with electric vehicles.

– Chris SandsFounder & CEO, Sands Investment Group

 

DIGITAL MARKETING

For multifamily, Facebook is a must-have, however, it’s like the Olive Garden of social media: everybody knows about it and has been there, but it’s not where you go for your anniversary (apologies if you do). Instagram is clearly emerging as the most engaging from a property standpoint. The focus on quality images allows management to put the property front-and-center, showcasing the best view possible. Instagram also tends to be a much more positive platform than Facebook and Twitter which is always helpful from a reputation management perspective. Snapchat and Pinterest show promise, however, it’s still a little early to make any conclusions.

– Bryant PattersonVice President of Business Intelligence, Stream Realty Partners 

ANALYTICS

We execute social media and content marketing audits consistently to understand who we are talking to, what they are interested in and where are the best places online to connect. We sometimes target specific demographics through amplification on social media. Overall we have a clear understanding of what works on what channels.

– Sarah MalcolmChief Digital Strategist, The News Funnel

We would love to hear your unique perspective on how technology has influenced your brokerage. Contact us if you’re interested in continuing the conversation and download your free copy of the report to see what industry leaders predict.

5 WAYS RISING RENTS ARE IMPACTING CRE

 

The number of multifamily developments and apartment dwellers has been on the rise over the past few years, as millennials have desired to live in more urban settings that provide a live, work, play lifestyle. Due to the higher demand, construction of these types of developments has surged and supply seems to be catching up with demand as multifamily occupancies fell in the first quarter of 2017 by 0.6%.

The high demand has also pushed up rents as well. Let’s look at a few ways the commercial real estate is being affected by these rising rents.

  1. An Underserved Market

In certain markets the demand is incredibly high and supply has not necessarily caught up with that demand allowing economics to take place and rents to rise, in some cases astronomically. With higher rents being more acceptable in these markets, developers and investors have gone after developing larger apartments that can fetch even higher rents.

However, in many cases the market that is looking for smaller apartments has been ignored as profits may not be as high from them due to lower rents but it leaves opportunity for projects with smaller units that are more affordable. The smaller units may have a lower risk of vacancy due to rents being more affordable and open to a wider market.

  1. Rise of 18-Hour Cities

With rents getting out of reach in some major cities, individuals are looking at second tier cities as a more affordable option. Not only are residents looking at these cities but so are businesses. While there is an influx in demand for these cities as well which will cause rents to rise they are far from the high rents of 24-hour cities like Los Angeles and New York City.

  1. Higher Profits

For investors rising rents can mean higher profits if they invested at the right time. If investors could get in when rents were significantly lower than current state then they should be seeing a much larger profit at this point. With higher profits means the value of their investment has also increased but if rents stabilize then profits may reduce a bit.

  1. Potential Tenants Reduced

As rents rise in certain markets, then certain potential tenants are priced out of the market. Demographically, those who are top earners and can afford to pay the rising rents are a smaller percentage of the population than those cannot afford to pay these rising rents. Rents getting higher means that these individuals who are in the larger percentage of the population may now not have as many units available to them due to not being able to afford the rising prices.

  1. Increase in Supply

Simple economics points to an increase in supply due to high demand which is exactly what is happening. The number of new units being delivered to the market is predicted to be about 20,000 higher than was at the end of 2016. Meaning, if supply starts to catch up with demand then rents may stabilize and eventually may even lower.

5 CITIES THAT ARE SHINING EXAMPLES OF URBAN TRANSFORMATION

 

Many cities are revitalizing themselves and becoming more attractive to many people — whether it is due to opportunities, livability, sustainability or other offerings. Urban transformation is the concept of some of the smaller cities becoming global players amongst other top cities.

They are making changes to become globalized on the level of large cities like Hong Kong and New York. Due to this they are attracting more population who are looking for these types of things but may want to be in a smaller city. Let’s look at some examples of cities that are going through these urban transformations.

1. Copenhagen, Denmark

The capital of Denmark is considered one of the top cities for quality of life. With great urban planning initiatives throughout history including establishing car-free zones as far back as the sixties, Copenhagen leads the pack in many surveys and reports. It ranks 9th globally for quality of living on the Mercer Quality of Living rankings and ranks 6th on JLL’s Investment Index. The high ranking for investment purposes is not a surprise as the quality of life is so high that there is high demand for individuals wanting to live within the city.

2. Santiago, Chile

This city has become a haven for businesses and entrepreneurs in South America with programs like Start Up Chile. This program makes the business environment incredibly friendly and helps to get new businesses and startups connected globally as well as help them to achieve funding goals. Proving its business friendliness and innovativeness, the capital of Chile has been ranked second of best places to do business in Latin America by AmericaEconomia. Due to this popularity with businesses it is also seeing an uptick in commercial real estate investment.

3. Tel Aviv, Israel

Population growth has been astounding in this Israeli city with it becoming the densest populated city in the country. At over 7,500 people per square kilometer, Tel Aviv continues to attract more people due to its innovation and becoming a technology hub. The city was ranked #6 for tech start up hubs by Start Up Genome and has somewhere around 2,500 tech startups that cater to the international market.

4. Vienna, Austria

This city has a lot of history but it is planned to stay modern and is looking to the future to innovate with a program called Vienna 2025. Vienna also has been consistently ranked as one of the top quality of life cities in several different reports including topping the Mercer Quality of Living rankings.

5. Seattle, Washington (USA)

This city in the Northwest of the United States is a hotspot for attracting top workforce talent especially in the tech industry. It is ranked 8th on EIU’s ranking of human capital hotspots. Looking at the business landscape it is no surprise that this city is attracting top talent as some of the world’s top companies are based here including Amazon, Starbucks and Microsoft.

These companies are also investing into the commercial real estate space with Amazon leading the way investing in a gigantic and innovative expansion of 3.3 million square feet that will cover three city blocks.

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