Technology has changed the way properties are bought and sold. But it’s also created a world of opportunity for fraud and scams. Just recently, the National Association of Realtors warned that its name is being used as part of a property rental scheme. Continue reading
Online Property Scam Raises Questions
Filed under digital, globest, life, mistakes, Real Estate, realtybytes, Technology, work
A Glimpse of the Future
This may be what the future looks like, at least according to predictions Stephen Elop, President of the Microsoft Business Division, made at the Wharton Business Technology Conference in Philadelphia last month. e ” he said…and in just 10 years. Continue reading
Filed under life, random, realtybytes, Technology, Technology news
Interesting Thoughts
A lot of factors affect commercial real estate. Just consider the potential impact of the ones in this video from a Sony executive conference in Rome last year–then answer, “How do I prepare for the next ten years?”
Filed under philosophy, random, realtybytes, Technology, thoughts
Willing Away the Recession
Trace Trajano, a Procter and Gamble engineer and real estate investor, has a novel way of dealing with the recession. He simply refuses to accept it. “A lot of it is a mindset, so if you think there’s a recession, then there is,” he argues.
Trajano has created a website called refusetojoinrecession.com. He describes it as a place for people succeeding in spite of the economy to share “stories, techniques, tips and strategies” about investments, assets or potentially profitable businesses. Continue reading
Filed under economic crisis, philosophy, random, Real Estate, realtybytes, Technology, thoughts
30 years, 30 Life-changing Innovations
Public Broadcasting’s Nightly Business Report and the Wharton School at the University of Pennsylvania just ranked the top 30 innovations of the past 30 years. The list includes the Internet, of course, along with personal computers, mobile phones and e-mail. But some of the other items on the list may surprise you.
“The pace of innovation has been so hectic in recent years that it is hard to imagine which innovations have had the greatest impact on business and society,” the NBR and Wharton researchers conclude. What do you think–and what, if anything, did they miss? As a commercial real estate professional, you may have your own ideas. So here’s the challenge: If you could create your own list of top 30 innovations, what would it include?
Filed under life, random, Real Estate, realtybytes, Technology, Technology news, work
Doing More With Less
Commercial real estate managers are under intense pressure to increase corporate profit margins. It’s a challenging task:
To achieve this goal, they have to maintain high occupancy levels, invest in the right markets at the right time, deliver projects on time and on budget, and control operational costs – all while strategically planning growth or diversification. Continue reading
Filed under economic crisis, mistakes, Real Estate, realtybytes, Technology
Due Diligence
At the peak of the real estate market several years ago, I watched in disbelief as a subprime mortgage lender leased hundreds of square feet of office space in suburban New York City. The property owners seemed thrilled with the deals. So were the real estate brokers. And everyone judiciously avoided the one obvious question: Why does this company need so much space? Continue reading
Filed under Real Estate, realtybytes, Technology