Cliched. I know. But how often do we think about the origin of our thoughts, beliefs and goals? Did they start when we were kids and being influenced by parents or other adults around is? Did a random blog post somewhere plant roots that can’t be pulled up? How often are we really influenced without…
Building what doesn’t exist.
There are many great tools out there for real estate. Whether on the broker side, client side or landlord side the tools continue to get better. Real estate is still well behind in terms of technology capability though. The systems that are out there, while good, still focus on specific use cases instead of flexibility. …
The Best versus the Best Team
Tonight’s championship game sparks some thoughts on teams and platforms. The teams at odds both have unique styles and approaches to trying to win a title. One seemingly relies heavily on “the best players” while the other focuses on “team and experience.” We won’t know which approach is better or worse tonight – all we’ll…
Thoughts on Passion and Rivalry
I’ll start with the note that I’m writing this post while wearing my Kentucky gear in the office and getting ready for the biggest game in the history of the State of Kentucky. Passion in business is critical to success. If you aren’t passionate about what you do it will come across and the opportunities…
Sometimes you just gotta step back and change directions
When you start running really fast in one direction it can be easy to get lost in what’s going on around you and forget the reason you are running. Getting lost in the moment is an excellent strategy for moving a particular area forward but it can also make you lose sight of everything else. …
The power of local.
I talk a lot about technology making it easier to compete on data and discuss how the world of real estate is changing. Today it hit home again how important the local piece is to the whole equation for clients that are sort of national but only really care about their “location.” Being able to…
NYC Taxi Paradox
I’m in NYC often enough to have experienced a broad selection of taxi drivers. As you’re driving around you’re passing everyone on the road, swerving in and out of traffic, honking at people that don’t turn fast enough. Some of those you are passing are other cabs. There’s always the traffic jam that has taxi…
Sure, let’s call it a modified Pareto Principle
20% of tasks take up about 80% of your time. There are some things that give you more bang for your buck. Put in a dollar and you’ll get back two. Similarly, there are tasks that you can spend too much time on. Put in a dollar and get back a quarter. You aren’t going…
The value of real estate data.
There is no organization dedicated to making high quality, accurate and timely commercial real estate data available to the greater industry or outside organizations. The closest we have is CoStar who has no real competition and their model is not setup to incentivize their sources of information to get them the best information. It’s a…
Not thinking about the obvious.
Real estate is one of those things that for many companies “just happens.” When they need to expand a business line they don’t necessarily think about real estate specifically – they will often focus on the business side. If they have a well informed and involved real estate team, this usually works effectively and they…