The very first thing any of us look for is a product image when shopping online. Even if it is a branded product that we are well aware of, without a quality product image we would not proceed with the purchase. Undoubtedly, this consumer behavior makes product images one of the most important and critical
Many real estate companies are struggling to tap into newer opportunities and retain and gain market share in the face of rapidly changing industry landscape, new entrants, and intensifying competition. It is mostly because their in-house resources are swamped with performing routine administrative and property management tasks to meet the growing reporting and compliance requirements
Accounting is a critical aspect of any business. It is central to maintaining books, cash flow, supply chain, and above all keep a track of every monetary transaction and aspect. It helps businesses gain complete visibility into and maintain the financial health and plan and strategize to drive profitable outcomes. The importance of accounting is
If you have a commercial lease you are aware of common area maintenance or (CAM) expenses. This is essentially a tenant’s pro-rata share of operating expenses that the landlord incurs over the lease term in maintaining and operating the retail center or the building. CAM costs are an important part of commercial lease that allow
Even though common area maintenance (CAM) reconciliation is one of the critical processes in commercial leasing that contributes to accurate accounting and cashflow, it remains a challenge for most. Because reasons vary as to why CAM reconciliation is a source of stress and anxiety, there are no one-size-fits-all solution for simplifying this process. Even the
This our second and last blog post of the series CAM reconciliation FAQs. In this post we will walk you through some of the key aspects of CAM reconciliation that can help you streamline the task. How to calculate CPI within CAM reconciliations? According to the Bureau of Labor Statistics (BLS) website Consumer Price Index
Virtual reality (VR) promises to unlock great possibilities within the real estate marketing sphere. While this technology seemed out of reach for smaller and medium organizations at the beginning, over the years its adoption has been steadily rising given its tangible business benefits. In fact, Goldman Sachs estimates the VR technology revenue would reach $2.6
In a commercial real estate leasing common area maintenance (CAM) charges are operating expenses that play a key role in maintaining a healthy cash flow and the property. CAM reconciliation, while a straightforward process on paper, is one of the most tedious and complex tasks in practice. In this two part blog series we have
55% of people in the U.S. begin their online shopping by searching for products on Amazon. The ecommerce giant crossed a mark of $107 billion in total sales last year. There is not contest that you need to have a presence on Amazon to ensure you meet customers at their preferred shopping channel. However, as
In an aggressively competitive real estate market today, companies need to pull out all the stops when it comes to real estate marketing in order gain and retain market share. Considering the key role location plays in selling any property it is only logical that industry players should have a detailed portfolio of maps and