I am an information junkie … I admit it. There appears to be no treatment (I Googled “treatment for information junkies” and it linked me to a blog) and apparently no foreseeable cure, which is greatly troubling, as the information just keeps on coming. I’m really having a hard time keeping up.
Real Points
Daily Reports on Commercial Real Estate
Articles by Susan G. Arledge
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Savvy, persuasive people with an uncanny ability to gain people’s trust are not unusual in any industry, including commercial real estate. Impressive bios can be created and, with the ability to access data online, it is not difficult to create insightful presentations, with topnotch graphics portraying sophisticated thoughts about the commercial real estate process. Many inexperienced salespeople are quite skillful at presenting data in such a way that they appear to be true experts.
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Law-GovernmentOur lame duck Congress is set to begin meeting again today, and it is possible that some of the following provisions may change, but as it stands now, there are many significant tax changes ahead for all of us. The first and most pressing of these changes is the repeal of the Bush tax cuts, which are scheduled to automatically expire at the end of December.
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Although the goal of speed mentoring is career-building—not courtship, as in the case of speed dating—the underlying philosophy remains the same: Rather than waste hours with a mentor who’s just not that into you, spend a few minutes with a variety of people in hopes of finding that special someone who truly understands your career aspirations.
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The badminton scandal of the 2012 Olympics would never happen here. Not trying your hardest to win, and intentionally “throwing” a deal? It just wouldn’t happen. Our commercial real estate community fights too hard in a highly competitive arena, and is way too professional.
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EconomyI learned at lot as an invited guest at this year’s Bryon Nelson golf tournament, talking with friends, peers in the industry, and random people that I met and/or asked for their philosophical take on life, the real estate economy, and the recession. Here are some takeaways.
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Each year, 250,000 new housing units are required to keep up with the population growth. To fill this need, a frenzy of real estate development several years ago created a demand for ownership. Many purchased “investment” properties where, in a city with a severe housing shortage, an estimated 1 million apartments still remain empty.
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EconomyStudies show that right-to-work states experience significantly greater economic performance than non-right-to-work states. All is this bodes well for economic recovery for right-to-work states such as Texas, where we don’t take well to discouraging words.
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EconomyBack in 1835, frontiersman, soldier, and politician Davy Crockett said, “You may all go to hell, and I will go to Texas.” It’s a theme that companies across the country are embracing—for good reason.
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My blog entry today has nothing to do with commercial real estate itself, but rather more to do with why those of us in real estate do what we do and work as hard as we do. The answer is often about offering our kids the opportunity to fulfill the dreams that they choose.
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