Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
More and more professional services firms are focusing on the needs of their employees rather than on what executives want when it come to the workplace. This is a useful strategy for attracting and retaining top talent, and it’s changing the way that those firms choose office space.
Coworking has really just been around for about a decade, and it’s already cutting its hair and putting on a tie. The practice was born in the start-up culture, favored by entrepreneurs, freelancers, and independent innovators.
“Millennials” may rank as one of the most-used words in the English language in recent months, but it’s for good reason. This generation, born roughly between 1980 and 2000, make up more than one-third of the U.S. population, making them easily the country’s largest demographic.
If you’re reading this, you probably have a sneaking suspicion that you’re not getting all that you could be from your CRM software, and you’re probably right.
To best appeal to international clients, you need to have some understanding of the culture and conditions in the target country. Creating content that is accessible to international prospects may involve setting up a website in the native language, or at least providing a translation feature.
The commercial real estate industry’s foundation is personal connection, and a big part of the day is occupied in reaching out to clients, colleagues, and competitors. The right contacts make a critical difference in our ability to identify opportunities and get the job done.
In the CRE industry, conducting business on the fly is becoming the norm. Clients, colleagues, and competitors all expect more responsiveness and flexibility than ever before. Making use of mobile technology is a must, and there is no shortage of options.
Some of the U.S. restrictions on foreign investment in real estate were considerably eased at the end of 2015. This is likely to boost the already high volume of international CRE transactions in the coming years.
Whether your property is a vacation home or a multi-family investment property, it’s likely that you will not be managing the day-to-day details yourself. Finding the right property manager can have a big impact on how your property retains its value, as well as how many headaches it may cause you.
If you’re considering moving into a new brokerage, the first step is to find out what you can about the company’s goals and performance. This will allow you to eliminate firms that may be great at what they do, but don’t do the things you’re interested in.