Source: http://www.wall-street.ro/ Sorina Negrila, exclusive, 14th January 2010 No matter his field of activity, a manager has to be aware of a few fundamental aspects regarding the real-estate market. Wall- Street talked to a developer, a consultant and a real-estate evaluator to find out which are the most important things the head of a company has to know about real-estate. Smaller but more stable rents Ilias Papageorgiadis (photo), CEO of the real estate consultancy company More Real Estate Services, is saying that now, more than any other time, while passing a difficult economical [...]
[relevant-to-adsense]Top most important things a manager has to know about real-estate
Filed Under: Uncategorized on Jan 23, 2010 @ 12:57 PM
Top 5 behaviors of 2009 “I prefer to starve than to work your way”
(part 2, for part 1, please click here) Why so many people still don’t know the basics? Just because Libertatea does not have extensive trainings about this? During 2009 I decided to work without Real Estate agents in my company. Just with connections and collaborators and just in specific market segments (the move proved to be correct, based on the results). The period has changed, clients are rare to find and I believe that it is possible to collaborate with someone else, who will represent one side, after I will have a contract with him signed. Well, not exactly. There are many serious companies [...]
[relevant-to-adsense]Top 5 behaviors of 2009 “I prefer to starve than to work your way”
(part 1) Until 2004, I was told that the Real Estate market had about 10 – 15% of the people who were involved during 2008. It was 2005 when the first serious wave of people entered in this market, as the demands rose, more clients appeared and the “gold rush” began. During 2006 the “Real Estate professionals” were probably triple comparing to 2003. But 2007 was the year when we reached the maximum of entries. Thousands of new persons entered in the domain which was offering “easy cash, no hard work, activity not easy to be monitored and possibility to earn enough money so as to live some years [...]
[relevant-to-adsense]Top 5 behaviors of 2009 “If you don’t like how I will work, go back to your country”
My old office had a major advantage, which I admit that I did not exploit enough: A wonderful garden located in the back of it. At the beginning of the summer it was blooming, with the wonderful smells of flowers invading in the conference room. “Mr Ilias, these are the cvs of the candidates for today’s interviews”. I opened the folder and took in my hands the cvs of 8 persons. “A cv”, I thought, “a simple paper for some people, but very few realize how important it is… A progress of a lifetime described in few lines… and these lines can change someone’s future”. “Reports” were attached [...]
[relevant-to-adsense]Top 5 behaviors of 2009 When the residential market collapsed, the owners were under a constant shock… (Prices fell by 40 – 70% during the first year of crisis)
Filed Under: Uncategorized on Jan 19, 2010 @ 10:37 AM
They were used to a different way of life. As all owners of all kinds of properties, they were spoiled at maximum, being pampered by an army of real estate agents, begging them to collaborate. If there were two markets which collapsed for good during 2009, these were the residential rentals and the office leases. But let us stay on the residential market today… An expected revival which never came I don’t blame them. They are probably the only ones who had no reason to become serious, watching around them so many people getting rich by being completely unserious. If someone whose properties [...]
[relevant-to-adsense]Top 5 behaviors of 2009The “large” broker
Filed Under: Uncategorized on Jan 18, 2010 @ 1:35 PM
Last August was hot, as always. In Greek we say that “the flies are fat” and noone works. No one? Not exactly, you could see a crazy guy, dressed with suit and tie walking from one meeting to the other, trying to sort out things and finish pending tasks before his own vacation. I (the crazy guy) had just finished a meeting at Hilton and walked down, crossing Calea Victoriei. I entered strada Luterana heading to my destination. On my left hand I was looking at the famous “Cathedral Plaza” office building project, on my right I was watching the waiters preparing the tables of the very nice bistro [...]
[relevant-to-adsense]If you want to invest today, firstly search for honesty
(part 2, to read part 1 please press here) New trend: The agent was not informed This happens a lot during the last months. There is a property available for sale with an X price, but the owner is willing to sell for a different, lower one. Why? Because he needs the money, for various reasons. (Or because he simply realized that the prices of 2008 will not return before 2014 – 2015…) But the agent has not asked him lately about the new status of the price, or simply he never managed to gain his trust. (We lived the opposite scenario during the previous years, while the owners were [...]
[relevant-to-adsense]If you want to invest today, firstly search for honesty
(part 1) My company started the year in a quite busy way. I have some serious requests by clients for several properties, which belong to 3 – 4 different domains of activity. So, since last week we have checked some… hundreds of properties already, searching for the few ones that can match with our clients’ requests and strategies. It does not matter whether this discussion is about an office, a land or a home to buy, a multinational or a local company which promotes the company, in 80% of the cases the result is the same: The property is promoted in the market with 2 (or more) different prices! Not [...]
[relevant-to-adsense]
Few days ago, on Tuesday, I had presented to you an interview of Mr Gavin Ryan, an expert in Private Equity and Venture Capital Funds. As far as I understood from your feedback, this subject was really interesting for you, as the official information about this segment is really limited. This is why I decided to address to Mr Ryan again, summing some of your questions and adding some new ones. This domain is really interesting and I think that it worths to know ... 
