The workspace is always changing. Thanks to new technology and different ways of doing business, the office space will always be one of the first sectors affected by change. Here are some of the popular office fads of yesterday that are on their way out, as well as the new trends that are replacing them.
To succeed in commercial real estate, you need a few things. Experience is an invaluable commodity. You must also have a certain amount of knowledge about a particular type of commercial real estate. The ability to network is vital, too.
It’s a tough market out there for commercial real estate, with a glut of properties (and a buyer’s market) in some areas and the exact opposite in others. If you’re in the commercial real estate game, it’s important to get the lay of the land and know what firms dominate nationwide and in your area.
Some of the most common challenges that brokers in real estate face come as a result of inefficiency or mismanagement. Commercial real estate is a demanding field that requires a lot of time to be spent on networking and building connections, and if you haven’t made the switch to software solutions, you’re placing yourself at a serious disadvantage.