Things I Have Learned About Database Systems in Commercial Real Estate Brokerage

When you work in commercial real estate, you really do need a good quality database that you can rely on to find the right people and properties as part of a matching process.  Whilst it seems so logical, most agents struggle with the discipline of a database.  They have issue with things like:

  • Finding the time to make the calls
  • Capturing all of the information from meetings and calls
  • Keeping up the call momentum
  • Integrating the client list with emails and brochure dispatch systems, etc.

So the list can go on.   The database is the prime way to find real estate opportunities and do something with them.   Today there are plenty of options with software brands, data collation methods, and pipeline tracking, for some positive results to be achieved by any broker or agent in commercial real estate.  Everything comes down to personal application and effort.

You don’t have to pay a lot of money to have such a program helping you grow your real estate business.  One key decision in all of this is whether you should go ‘cloud based’ in your data storage.  Common consensus says you should, given that most people like to access their client and prospect information from a variety of devices when they are away from the office.

In this audio, John Highman talks about the client list processes and how you can work the data that you gather from your clients today.