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JLL Joins the Growing Property Valuation Software Movement

For CRE investment, time is more than ever of the essence.

By Erik Sherman | March 15, 2022 at 07:11 AM

In a contract, “time is of the essence” means you’d better get a move on because failure to meet a deadline becomes a breach.

While valuing potential investments, there’s not usually a contract in question yet. But time remains of the essence in today’s market. With so much money available to investors and, often, relatively few properties in the chase, those who hesitate are left without a deal.

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