Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
A lot has been made about the in-store shopping trends we are seeing in retail. What has largely been overlooked are the shipping trends shaping the retail landscape this year. Consumers continue to expect faster deliveries for free which is putting enormous stress on the last mile for retailers.
Fallout from the housing collapse a decade ago resulted in a surge in the renter population–outpacing homeownership for the first time in history. It also marked a return to cities where more walkability with access to public transportation offered a much more affordable lifestyle for a population struggling to maintain in the midst of the economic collapse.
Of all of the innovations sweeping through CRE this year, perhaps no sector is expecting to see a bigger wave of change than the hotel space. Like all other sectors of the CRE industry, technology is at the heart of these changes. In hospitality, innovation is geared toward creating futuristic Jetson-style customer service that anticipates guests’ needs and wants.
Augmented Reality and Artificial Intelligence (AR and AI) may still be far from standard in CRE, but it’s only a matter of time. High end firms have already been using these tech tools on a grand scale. Research by Goldman Sachs estimates that by 2025, virtual reality (VR) technology alone will generate over $2.5 billion in revenue. Change is happening now and could hit sooner than many of us believe, leaving some CRE pros behind and pushing others to the forefront.
It’s called m-commerce; it combines e-commerce with mobile. It is estimated that a huge majority of Americans own a Smartphone and spend about five hours a day on them. Last year, the number of people accessing the internet via mobile surpassed the number of people doing it from a desktop computer. That is exactly why selling online is shifting from an e-commerce model to an m-commerce model and already it’s revolutionizing the way businesses market to their customers.
Investing in real estate can be a way to earn passive income and increase your wealth. While plenty of investors have success in residential real estate, others make a move to commercial real estate to gain even more money.
Attitude is everything and your mindset determines your attitude. Some of the most successful people in the world say that having a positive mindset and a go-getter attitude is their secret to success, so why not do the same? If you want to start 2018 aimed at increasing YOUR success, start with these 7 tips and challenge yourself to stick with them throughout the year.
Did you know that there are more than 460 million professionals looking to network on LinkedIn? It’s a new year which makes this the perfect time to look at new ways to grow your business in 2018. As popular as Facebook and Twitter have become for promoting your business, there is an untapped resource that you should utilize heading into this year. If you want to grow your business in 2018, here are 10 ways to do it using LinkedIn.
This year is almost in the books. As a CRE agent, that just means that it’s time to take a look at your CRE pipeline. Are you ready for 2018? Will you be stuck priming the same pumps as you did this year or do you want to refresh your strategy to build a pipeline of leads for a strong new year? If you want to refresh and reenergize your CRE pipeline for 2018, here are 6 tips to help fuel your lead generation strategy.
By now, everyone has had a chance to digest the impact of Amazon’s purchase of Whole Foods and the introduction of their AmazonGo and AmazonFresh grocery innovations. Yet Amazon’s effect on CRE goes beyond these changes.