On The Road Again…
Lately I feel like I have been living out of a suitcase, probably because I have been. Spending a week in Las Vegas at the RE/MAX R4 event and at the Coldwell Banker Commercial Global Conference was exhausting on my feet – but rewarding connections and engaging conversations with commercial brokers and agents from these two companies made it worth every blister. Here are a few observations and highlights:
RE/MAX had a brand new Commercial/Investment education track at their R4 event this year, with large success due to the hard work of RE/MAX’s Kevin Bair. One of my favorite sessions was the Commercial Networking Exchange – a “speed-dating” like event – where a few dozen or so practitioners were lined up along either side of a very long table. They had a few short minutes to meet whoever was across from the, and “pitch” who they were, their area of expertise – and when the buzzer rang, they moved one spot over and repeated. The roar of the conversations was energetic – even for me as a simple observer – and as I eavesdropped on some of the chatter, it was obvious these men and women have a lot of passion for commercial real estate. I also attended a session on Top 5 Trends in Commercial Real Estate – which, if you follow us on Twitter (@commsource), you’d have been following along as I tweeted my way through. The Green/Energy trend was certainly one that took a fair amount of time and deservedly so. With over 60% of electricity in the U.S. consumed by commercial real estate property AND more than 30%of total energy (according to the US Energy Information Administration) , the opportunities exist for business – developers, investors and commercial practitioners – to capitalize on this trend (which isn’t so much a trend as it is a new way of doing business, building, living, etc) while making a lasting impact on the environment and our future.
The second half of my week was just as engaging – at Coldwell Banker Commercial’s Global Conference – where several hundred of their finest came together to celebrate top achievements, gain knowledge, and network. Mark Dotzour, PhD and NAR Signature Series Speaker provided a frank commercial real estate outlook which definitely captured the attention of the audience. While I enjoyed attending some of the sessions – my best experiences here came from the conversations I had with CBC’s professionals in their vendor marketplace. It’s very rewarding to hear straight from a REALTOR® that what NAR does for them – from advocating commercial real estate issues to providing resources like the Commercial Connections publication and the CommercialSource.com platform – are valuable things they enjoy and reap benefits from. CBC has a great leader in their President, Fred Schmidt. Truly impressive was the time he took to walk around and personally chat with each of representatives, like myself, from the various vendors/organizations that were exhibiting.
It was a long week, indeed – but with new connections comes new resources. Watch for future podcast interviews with leaders like Fred Schmidt, services to help you grow your business, and continued research analytics. Stay tuned…