Built for Real Estate Professionals by Real Estate Professionals.
Our goal is to add speed, transparency and efficiency to real estate decision making processes at the point of sale using technology in a constantly evolving and complex market. MarkIt's transaction lifecycle management process is designed to enhance the negotiation process with the non-technical user in mind.
App Features
Extensive Language Library Tailored Specifically to Commercial Real Estate
Break down the deal flow
Break down the deal flow into each section to see what sections have been agreed to (green), what sections you're waiting for a response on (yellow) and what sections require your attention (red).
Whose court is it in?
Do you find yourself often asking others (or worse: afraid to ask!) "whose court is it in"? Keep track of all of your active deals in one place. Easily track the status of each deal and easily identify outstanding action items others may be waiting on you for.
Hate using your email inbox or having to keep track of countless document versions to make sure you’re working off the most recent version of the deal? Both parties negotiate directly in MarkIt’s deal room to ensure all parties are working off the same version. (*only paying customers have full access to information enhancing features).
Redlines in word processors and PDFs are messy and hard to follow. Simplify history tracking with the ability to easily filter history and compare.
Tired of waiting for lease drafts to be produced? One click leases are finally here! Once you’ve completed negotiating the proposal, send the business terms into a lease draft based on either MarkIt’s default OR your preferred lease clause language.
Ready to close the deal? DocuSign is directly integrated into MarkIt to simplify the execution process for all signing parties.
Summarize
Quickly summarize critical components of proposed language
Evaluate Risk
Easily determine what the potential risks of proposed language could be for either party
Favorability Score
Want to know which party the language favors? A simple score from 1 (tenant favorable) to 10 (landlord favorable)
Recommend / Rewrite Language
Not sure how to reword the language to reach your intended result. Ask the AI Engine to redraft the language in a more clear, efficient or favorable way!
MarkIT is the single source from Propose to Close
No need to switch between applications, look for the most current version, or search through old templates. - just login and everything is right there, ready to negotiate.
MarkIt Score
MarkIt's constantly accumulating database of information allows users to easily determine if the language they're negotiating falls within the "market average" of similar deals (determined by product, geography, class, use and size). MarkIt evolves with the market: as new deals are executed, completed deal terms will inform where the new average falls.
