VTS, based out of New York, is looking to help the commercial real estate market modernize with the adoption of mobile technology tools. The proptech start up is a leasing and asset management platform company that is looking to streamline the process for landlords, brokers, and property owners to help manage their portfolios and market assets/
In a first for the global commercial real estate industry, VTS, unveiled its plans for the VTS marketplace. With over nine billion square feet and nearly one-in-three office buildings in the US already managed using the VTS leasing and asset management platform, and between 75 and 90 percent average market share in the major U.S. Class A office markets, VTS is uniquely positioned to offer professionals the most accurate and comprehensive marketplace in the industry.
Until today, landlords have had to separate the marketing of their space from the process of managing a tenant through their pipeline and executing an actual lease. No software platform has automated and streamlined the end-to-end marketing, leasing, and transaction for an available space. Instead of an easy and simple process, landlords, tenant reps, and tenants today exchange phone calls, emails, and Word documents back and forth for weeks and months – hence the infamous phrase “time kills all deals.” The commercial real estate market is undergoing a sea change as tenants and their brokers expect to move from a slow and painful leasing experience to an easy, fast, and flexible leasing process with tenant needs as the key driver.
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