Tracking comparables and occupiers (tenants) is a vital resource for commercial real estate professionals. By centralizing detailed records of tenants, leases, and rent schedules in one platform, the need for laborious and time-consuming manual tracking in Excel spreadsheets is eliminated. Tracking expiration or renewals of occupiers is not only a much-needed resource for your database of comparables, but this process also enables you to generate new business and maintain a database of records of previous transactions.
As a broker, staying organized on a daily, weekly, monthly, or yearly basis can be overwhelming. Slick Cactus simplifies this by providing notifications and displaying upcoming critical dates you have entered per occupier directly on your dashboard, eliminating the need for Excel spreadsheets. This frees up more time in your day, allowing you to focus on working with existing clients to find new locations, complete renewals, or connect with potential clients. With more time available, you can pursue and close more deals, leading to increased revenue.
In addition, this feature of tracking expiration or renewals of occupiers in Slick Cactus empowers your admins or coordinators to dedicate more time to other important endeavors. Our goal at Slick Cactus to consistently enhance features for the commercial real estate industry, with technology tools in a centralized platform.
Read more on Best Practices for Contract Renewals.