Commercial Complete is the COMPLETE real estate analysis tool for real
estate professionals.
Real Estate Database
- Automates the process of gathering and storing real estate information.
With little or no typing you can easily build a comprehensive real estate
database
- More than 250 fields to describe each property record
- Powerful Image Processor - attach all common image types so that original
source information can be attached to a property record (image types: PDF,JPG,TIFF,BMP,GIF,
more)
- Search for a property record by any field in the real estate database
- Filter the real estate database to display only records that meet specific
criteria
Income Analysis, Sales Comparison Analysis, Cost Analysis
- Discounted Cash Flow Analysis
- Mortgage Equity Analysis
- Lease by Lease Analysis
- Sales Comparison analysis
- Cost analysis
Automated Word Processing, Presentation Quality Reports
- Powerful word processing built-in simplifies the preparation of Narrative
Appraisals
- Insert fields from a property record directly into a narrative document
- Insert Income Analysis Reports directly into a narrative document
- Generate presentation quality reports or an entire narrative document (appraisals,
proposals, offering brochures, marketing literature, etc.)
- Your word processor or ours
- Use our built in word processing editors to create your entire document
(appraisal, marketing brochure, etc.). You can do the whole job in Commercial
Complete!
- Or assemble automated narrative sections of your document in Commercial Complete and copy directly to your main word processor (MS Word or Word Perfect). Formatting remains intact, including styles, and tables. This is an excellent way to automate your documents while continuing to use the word processor that you have grown comfortable with. See Narrative Builder Overview for more information.
There are five main functional categories in Commercial Complete:
- Property Data
- Income Analysis
- Sales Comparison Analysis
- Development of Building Costs
- Creating Narratives and Reports
Property Data - Commercial Complete Database Learn More
Commercial Complete provides complete data management capabilities to keep track of real property information. The comprehensive list of items that you can enter (more than 250 fields) includes address, location, assessed value, sale price, sale date, and photographs, to name just a few items in the long list. Data storage and retrieval is easy. You can also compare properties, print Property Datasheets, print Comparable Grids and print lists of similar properties.
Income Analysis - Investment Analyst Learn More
Investment Analyst, a powerful income analysis tool, is incorporated into Commercial Complete. Analyst has been used by real eestate professionals for more than 20 years to analyze and value income producing real estate. Using advanced mathematical techniques, it calculates the value, based upon the yield requirements and projections of the analyst. Financing, closing costs, selling expenses, income growth, and property appreciation are among the many factors considered. Holding periods can range between 1 and 60 years. Reports can be printed, pasted, or saved to an Excel spreadsheet, PDF file, or RTF file. Reports can be merged directly into your narrative reports.
Sales Comparison Analysis
The Sales Comparison analysis functions enable you associate up to 6 properties in the database with a designated Subject property. Every Property Record in your database is a potential "subject" for a Comparison Analysis. And every Property Record is also a potential "comparable." Based upon the data in each property record, Commercial Complete will create a Sales Comparison Grid with suggested adjustments. You can accept these adjustments or specify your own. Grids can also be created that are based upon income multipliers and the capitalization rate of each comparable property.
These analyses are done in the Property Data Section of Commercial Complete.
Development of Building Costs
Buildings, building components, and other property improvements can be described individually for each property record - including building and/or component costs. Based upon the cost information that you provide (from Marshall Valuation or other cost reporting service), Commercial Complete will calculate the depreciated cost of each building and/or component and then aggregate these individual items into a total building cost. This function is performed in the Property Data section of Commercial Complete.
Creating Narratives and Reports - Word Processing
Built into Commercial Complete are powerful word processing capabilities that are designed especially for real estate professionals. If your business is real estate, it revolves around real property. So do our built-in word processing editors, which are integrated with Commercial Complete's powerful database and income analysis capabilities. Data stored in any property record in the database can be inserted easily into a Commercial Complete word processing document. Many automatically generated property data and income analysis reports can also be easily inserted.
Commercial Compete can be used exclusively to create an entire narrative
report, for example a complete appraisal or marketing document. Or it can
be used to generate automated narrative sections that contain information
from a property record in the database. Then these sections can be easily
copied and pasted with the click of a button into the word processor that
you use on a daily basis.
There is no need to change from your present word processor. When you are ready to switch to Commercial Complete for all of your word processing needs, Commercial Complete is ready for you. But we know that you and your staff have spent considerable time learning your present word processor and creating documents in it that you rely on and must refer to from time to time. Switching to a new word processor "cold turkey" could disrupt your ability to "get the work out the door." We do not recommend that.
The word processing functions can be found in two locations in Commercial Complete. Clicking on the Word Processor tab at the top of any screen will display a full word processor that we call Narrative Complete. It is the same full word processor that is offered in our standalone Narrative Complete product and is designed to handle large word processing tasks, like building complete narrative appraisal reports, creating promotional literature, creating general correspondence, etc. Click here for a description of Narrative Complete.
Full word processing functions are also located on the Narrative Builder tab of the Property Data screen. The Report Editor and Assembly Editor on this tab are designed to handle specialized word processing tasks like creating property datasheets and narrative reports that are connected to data in a property record. These two editors also can be used for general word processing tasks - even building full narrative appraisal reports. Click here for a description of the Narrative Builder editors.
The choice of whether to use the Narrative Complete word processor, Narrative Builder, or both, is up to you. You may find that certain regular tasks that you perform are better handled in the Narrative Complete word processor and others are better handled in Narrative Builder. We recommend that you start by experimenting with Narrative Builder because it has built-in functionality that you can quickly use to incorporate into your present work product.
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Considering Other Real Estate Software?
Other Real Estate Software
If you have used, or are considering, other real estate programs, then
you know how confusing they can be to navigate from function to function
and screen to screen. There is a reason for this. They are not stand-alone
programs, designed from scratch with integrated functionality. Rather,
other real estate software relies upon a combination of programs like MS
Word or MS Excel that are pieced together to accomplish their functions.
Usually, they are not designed or written by professional software engineers
who are skilled at making software that is comprehensive and easy to use.
Image for a moment that you are designing a new house. Instead of dedicating
a separate room for the kitchen, you decide that it is easier and cheaper
to just purchase the kitchen equipment and place it in rooms throughout
the house - the refrigerator in the bedroom, the kitchen sink in the living
room, the stove in the dining room, and the kitchen cabinets in the den.
If you later need a dishwasher, there will be extra space in the bathroom.
All of the kitchen functions would be in the house, but what a chore it
would be to make dinner.
Remember that most other real estate software programs are really form-filling
programs that rely upon software products like Microsoft Word, Microsoft
Excel and Microsoft Access to actually do anything. Jump from spreadsheet
to spreadsheet to fill in a series of blanks and out comes a cookie-cutter
report. Hard to understand and use, limited or no analysis capability and
limited customization options. It looks like everything, including the
kitchen sink, has been thrown in. But using these products? Go to this
spreadsheet for this, go to that spreadsheet for that. Now you can load
MS Word. Did you include all of the separate sections that you need? Good
Luck. It is easier to cut and paste from old documents. These products
cannot compare to what Commercial Complete offers.
Commercial Complete
We write our software from scratch - and it shows. All functions are integrated
and no other software is needed. We do not use MS Word, MS Excel, or MS
Access. Our house has a beautifully designed, functional kitchen that is equally useful for creating snacks and gourmet meals.
It is never necessary to roam the house in search of the refrigerator.
Latest Design Technology
Commercial Complete is based upon the latest technology. We have looked
at other real estate software. They cannot compare to Commercial Complete
when it comes to image storage, analysis capabilities, ease of use, level
of features, word processing capabilities, or quality of reports. Most,
if not all, are based on older technologies. And our research suggests
that many carry high annual maintenance fees. Worse yet, these products
have a weak history of upgrading their products to keep pace with new technologies
(MsDos, then Windows 95, then Windows 98, then ME, then XP, then Vista,
then Windows 7, then ….).
Long History
Commercial Complete and Investment Analyst have a long history. We
have made steady improvements over the years; 18 major upgrades in 23 years.
And we do not require annual maintenance fees. You can upgrade when
the time is right for you.
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