[Video] Watch CRE leaders weigh in on the tech that’s changing the industry

Apto Founder and Chief Strategy Officer Tanner McGraw was recently at DisruptCRE Chicago to talk to brokers and other tech leaders about what they’re seeing in the industry.

It’s no secret that technology is reshaping the way CRE professionals work and opening the door to new opportunities. So Tanner moderated a panel on the different technology tools optimizing and advancing transactions throughout the lifecycle of buildings from all different asset classes.

Topics: Interviews CRE Tech Disruption

4 ways self-driving cars could revolutionize CRE

It may take five years or fifty depending on who you ask, but there’s great potential for autonomous vehicles to radically disrupt and revolutionize the commercial real estate industry.

The relationship between property values and transportation is one of the most durable in human history. The first cities grew up along waterways, railways, and roads. Then Henry Ford’s Model T paved the way for the suburbs. Tomorrow, driverless cars could usher in a similarly monumental shift in how we use real estate.

Yet from Uber’s fatal driverless crash to an uncertain regulatory future, these changes are not set in stone. Autonomous vehicles still have a long way to go, and most experts predict widespread consumer adoption is at least a decade away.

Despite the setbacks, technological advances and growing levels of investment make the driverless future more and more likely. From opening periphery neighborhoods to revolutionizing retail, here are four ways autonomous vehicles could rewrite the laws of commercial real estate.

Topics: Disruption

What’s the future of CRM?

This article first appeared in Propmodo.

In the late aughts, I was a commercial real estate broker in a desperate search for technology to organize my business. At Marcus & Millichap, I was making hundreds of calls a week and working pretty sizable deals, and it was ridiculous to me that there was no software designed for my industry that could make my job easier. The design and functionality that existed at the time was rudimentary at best, counterproductive at worst, and nothing was in the cloud.

That’s why I created my own CRM, and eventually founded Apto. Even since then, CRE brokerage has changed quite a bit. When I last took stock in 2013, Apto was still just a baby. Barely two years old, we were still learning how to walk, keep our balance, and feed ourselves.

Topics: CRE Tech Disruption

6 tech predictions for 2018 and how they’ll impact CRE

blurry_city-320x202.jpegTechnology is evolving faster than ever before. From Bitcoin’s explosive growth to drones buzzing in parks and construction sites across the country, 2017 was a year of rapid tech growth.

There’s reason to believe that growth will accelerate this year, and given how technology is impacting every segment of the industry, CRE professionals would do well to stay on top of unfolding trends—even those not directly related to the industry. From the fate of blockchain to increased job automation, here are six tech predictions for 2018.

Topics: Industry News CRE Tech Disruption

What the rise of work-life symbiosis means for CRE (hint: it’s not just about office space)

people-office-group-team-928827-edited-2.jpgFor many professionals, the lines between our work and non-work lives are growing increasingly blurry. And many even tend to like it that way.

With the advent of smartphones and wireless internet, most knowledge workers no longer need to be at work to get work done. According to Gallup, 43% of workers spend at least some of their time working remote, up from 39% in 2012. As a result, the role of the office is evolving.

Rather than consider our offices as a place to punch in and out before heading home to relax, we now seek out offices that function as community hubs that allow its members to be productive both in work and in life.

This shift will have obvious effects on the commercial office landscape--but less obvious ones on the retail and hospitality spaces. Here’s what you can expect.

Topics: Disruption

Vision, perception, reality: The key to working your deals is in the balance

Like many kids growing up in a bucolic yet blue-collar part of the Midwest, I had to exercise my imagination when it came to more glamorous landscapes that featured mountains, oceans, or skyscrapers. Thankfully I had Chicago and its architecture to inspire me and ground my thinking about place.

That imagination turned to vision as I devoured movies and TV shows about places like Beverly Hills, Miami, and New York. The more I saw on the screen, the more I felt I understood, the more I felt some version of those cities’ realities.

Topics: Best Practices Disruption

What to know about the 3 disruptive technologies gunning for your job

From cashiers to car washes, weve watched technology reshape industries and eliminate jobs through increased automation.

While many of us may have thought more complex roles and industries would remain sheltered from increasingly advanced technology, a recent report by Remit Consulting said 88% of the core tasks performed by real estate service firms are ripe for technological takeover.

Topics: Disruption Efficiency

Beyond Amazon and Whole Foods: What’s next for the grocery sector?

Amazons pending $13.7B acquisition of Whole Foods Market is bound to disrupt the grocery sector, yet the deal is not the only thing changing the $5.3 trillion dollar industry.

To understand what the industrys change means for commercial real estate, its essential to examine both the Amazon deal and other shifting dynamics, including the growth of online shopping and expanding discount grocers. From Amazon to evolving customer habits, the grocery sector is experiencing unprecedented levels of disruption.

Topics: Industry News Disruption

WeWork’s evolution could keep disrupting office markets

WeWork has been disrupting the office sector for the last seven years. Now, the company is moving to take on industry giants like JLL and CBRE through a new business that directly targets large, corporate clients. The company also launched its own real estate investment arm and has plans to drastically increase its real estate footprint this year. 

Topics: Industry News Disruption

[Slideshare] Your day in commercial real estate, 1997 vs. 2017

How have you noticed commercial real estate changing over the years? If you’ve been in brokerage long, you’ve probably noticed some new technology popping up—and your younger coworkers probably have some new habits and priorities, too.

If you get right down to it, there’s probably a lot in your day to day that’s different.

Earlier this year we published an infographic about that change, and since it’s been among our most popular content to date, we wanted to share the slides, too.

Topics: Disruption Efficiency