Retail Leasing Blog

Real estate was never an easy field to break into and it has become nearly impossible in recent years. Agents and Brokers are scrambling to find buyers for residential housing and commercial rental properties are standing vacant wherever you turn. New businesses are starting every day, so you know tenants are out there but where should you look?

The professionals at Retail Lease Trac know how hard it is to fill retail properties and have created Retail Leasing Software to help agents Find a Retail Tenant. It is a subscription based system that allows you to access their database of tenants from any computer with an internet connection. The tenants in the database are contacted every 120 days to see if their need for commercial property has changed in any way. That lets them run at over a 90% accuracy rate within a 120 day period.

The retail lease software has a full featured search function that allows you to look for tenants based on their individual needs. You can refine the search by what square footage the tenant wants, what type of facility they want and what state they are searching in. If you really want to work with a specific business then you can search tenants by name too.

Once you have searched out your perfect list of prospects, you can save the search parameters to use again. Then you can take advantage of the built in email function. It lets you send out broadcast emails to everyone on your list with any kind of marketing material that you would want to include. You can even configure the email to look like it is coming from your business email, instead of from the Retail Leasing Software.

For those of you that like to keep your information organized in your favorite software that is no problem. The search and contact information can be imported into Excel spreadsheets and contact managers like ACT and Outlook. There is no need to learn a new document type, if you would rather stick with your standard office programs.

The application is not limited to only helping you with your internet based marketing. There is a label making program built in that can use the contact information to generate mailing labels. That function alone makes it worth the money, since we all know how long it can take to get all the envelopes ready for a mass mailing.  For more information, visit Retail Lease Trac about Retail Leasing Software

The benefits of a web base retail leasing software:

What do you supposes is the most important thing to look at when choosing retail leasing software? Some might say it’s the ease of use or the pricing plans but I don’t think so. I believe it is getting the contact information of the possible tenant and how accurate that information is. After all, you can have online leasing software that is dirt cheap but if it doesn’t offer you solid leads for future renters then you are still overpaying. The same goes for ease of use. I will not use retail leasing software that doesn’t generate results regardless of how easy it would be to do. So, if you want to find retail tenants with online software, then there are a few pieces of information to look for:

• What state does the software cover and is there an additional price to add more states?
• What type of facility is the prospect looking for? If they have a restaurant then they would be more likely to want a stand alone building in a anchor stores parking lot rather than a space in a strip mall between two pawn shops. It is all about location after all.
• What square footage does the prospect need? This is one of the most important search terms since it can weed out all of the renters that would not apply to your situation.
• Who are the key decision makers and how can they be contacted? Do they supply their email address or phone number? This information is crucial. There is nothing worse than finding the perfect tenant to fit your needs but having absolutely no way to contact them.
• What are the retailers expansion plans? If they plan on growing quickly then you may want to give them a space that allows for that future expansion. If you were to put them in too small a space with not option then you are setting yourself up to lose a tenant in a year or two.

These are all factors that you should look for in retail leasing software. It will also be a big help if the retail leasing software that you choose has emailing tied into the system. That way as you search and build your list of possible you are also building a mailing list. When you finish you can send a broadcast email to all of the people on your list with your marketing material attached. This feature alone with save you hours or even days of emailing depending on how big your prospect list is. Some of the better retail leasing solutions will even let you print out the prospects contact information on mailing labels to streamline the entire marketing process. Why not do some research and start using an online retail leasing solution today?