Sharpening The Saw – How To Keep Improving Your Commercial Real
It is absolutely pertinent for every person involved in commercial real estate to be constantly improving their education!
A real estate insider is only as good as his or her information, and this information must be up to date, accurate and relevant to the business of interest. The business of interest could be a certain type of property, such as apartments or raw land, a certain area, such as a specific city or state, or even specific types of deals, such as distressed properties that are offered well below market rate. Whatever the area of interest, the real estate insider must understand his or her market better than anyone else, and constantly keep up with the dynamics of commercial real estate.
In addition to understanding the market defined by his or her area of interest, national and local trends should constantly be monitored, such as mortgage rates, real estate laws, weather anomalies such as hurricanes, and other such influences that affect real estate that are found in the macro environment.
In order to remain sharp and in the know in commercial real estate, there are...
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