Shorten the Leasing Lifecycle Oct16

Shorten the Leasing Lifecycle...

Commercial clients attending this week’s Yardi Advanced Solutions Conference in Santa Barbara can focus on maximizing business efficiency when selecting from a comprehensive track of classes. One of many exciting new lead and lease focused applications from Yardi Systems that will be introduced is Yardi Commercial CRM™, which offers commercial real estate professionals the ability to streamline and even shorten the leasing cycle. Cutting down the time spent on property lease up is crucial for commercial property owners and leasing professionals in order to enhance revenues and minimize unit turnover time. Kim Maddox, Commercial Product Specialist for Yardi Systems, explains how you can save the carrying cost of vacant space by shortening the leasing cycle. “For example, let’s say you rent on average 2500 square feet at $37 per square foot.  If you shorten the leasing cycle by three weeks for one lease, you will accelerate $5,336.54 of additional rental revenue on that lease. What factors will help reduce the cycle time?  Examples include saving a leasing agent’s time, easy access to information (available space, existing leases, encumbrances, budget, prior rent and market rent), tenant communication logging, tracking activities and events, facilitating proposal generation, counter-proposals and approvals, facilitating lease drafts and approvals, facilitating floor plan generation and approval, facilitating transmission and approval of construction documents, construction budgets and facilitating tenant build-out.  There is much to be gained through the use of an integrated system to accelerate this process,” Maddox said. Among the features of Yardi Commercial CRM: Prospect and customer contact information is centralized in Yardi Voyager™ and contact history is tracked throughout the leasing process, from first contact to final signing. Integration with Microsoft Outlook and Yardi CRM Mobile means you need never be out of reach of key client data. Automate the...

Don’t Miss Out Oct13

Don’t Miss Out

Life moves way too fast. The same can be said for the Yardi Advanced Solutions Conference. For three days next week, real estate industry professionals will gather in Santa Barbara, Calif. to learn everything they can about the latest Yardi software offerings for their vertical. New products will be announced and demonstrated, the inside track on forthcoming updates will be revealed, and secrets may circulate. This website: yascinfo.com,  is where you can glean some of that insight without being onsite, and the only place where conference news will be shared real time. We’ll be feeding the posts we write here on The Balance Sheet directly onto this site, and there will be photos, Twitter feed updates, and more. Even veteran conference attendees say that it is near impossible to keep up with the flow of information that will be delivered at YASC, no matter how many classes you attend. “It’s overwhelming,” says a veteran of many of these events. “You want to be there because there’s so much to learn, but every session will have an impact and you simply can’t go to them all.” Don’t leave YASC without a full picture of what happened. Come back to yascinfo.com daily during the conference, so you don’t miss out on any of the real scoop that you won’t get anywhere...

Let’s Get Technical Apr03

Let’s Get Technical...

Outside of ComicCon, geeking out will typically just garner a few confused looks and questioning tones from those you have inadvertently alienated with your techy banter. But this spring at the Yardi Advanced Solutions* (YASC) you’ll be pleased to know that even the most technical talk will be met with understanding and  inspire new-found possibility. Along with the numerous training sessions and social interactions at YASC this year, you’ll also find a new event: Tech Time. Instituted by Sr. VP of ASP Scott Wiener and Director of ASP Remon Amboy, Tech Time grew from a simple “Can my IT team talk to yours?” inquiry from a client a few years back into a full blown opportunity for you to sit and talk through your questions with our experienced professionals in a one-on-one environment. Thinking of rolling out virtualization and not sure where to start? Can’t decide between iPads and Kindles? Want to talk firewalls?  Whether you’re a CIO who is curious about how we secure the environment or an end user who wants to know how the environment works, this is your chance for one-on-one consultation about case studies, cloud computing, or infrastructure requirements. If you are interested in a little byte-bonding or perhaps just looking for an excuse to break away, make an appointment by contacting [email protected]. *The Spring YASC 2012 — May 22-24, in Washington, D.C. is now open for registration. The conference provides information about the latest updates to your Yardi products and services, as well as opportunities to meet with CSD representatives, IT staff, senior management and sales...