“We're going backwards, armed with new technology” is a line from Depeche Mode’s 2017 opening track to its fourteenth studio album. This sentiment may very well sum up the feelings of modern life, and it certainly is reflective of the changes taking place in the real estate brokerage industry. After a decade or so of falling behind the advances in technology and communications of other key service industries, the real estate brokerage world is on a fast-track to catch up, and is empowering independent companies, whose prevalence diminished during the past 40 years. This renaissance isn’t led by multi-market corporate real estate companies. The change is happening locally by a new breed of boutique companies, empowered by readily available, high-quality education & training coupled with leaps in high-quality, cutting edge real estate technology. It’s taking place at the sole proprietor and partnership level by savvy, entrepreneurial, and educated professionals, who see
Real Estate has long been among the most popular of all investment options, and for good reason. The potential benefits of commercial real estate investment include tax advantages, stable income, portfolio diversification, as well as capital preservation and growth.