We live in an "on-demand" world. Business-as-usual practices of the past may not be adequate to effectively attract buyers and close transactions. Given choices, buyers are likely to spend time only on deals allowing instant access to diligence documentation - diligence on demand.

For sellers and brokers, the diligence on-demand model enables greater control of transactions, and provides a transparent management tool to monitor activity. Industry "best practices" to optimize diligence on-demand are quickly emerging.

The race to compete for buyers' attention has started with a new set of diligence rules for commercial real estate transactions, and demands integrated technologies to support it.