Under Pressure: Are Real Estate Commissions at Risk? What Does the Future of Residential Real Estate Look Like? | Nine Four Ventures
‘Nine Four would like to see more companies challenging the system and building products that fundamentally change the real estate landscape. As consumers realize that technology is replacing a lot of what an agent does – yet the amount of money agents make remains unchanged – we expect to see some commission compression.’
10 Commercial Real Estate Systems That Can Help Your Business | Forbes
‘In recent years, new and evolving technologies have impacted the way nearly every industry operates. This is especially true of real estate, where tech has revolutionized everything from property listing databases to signing contracts.’
Is Co-Living The New Co-Working? | Forbes
‘In big cities around the country, co-working has become a major trend. Now co-working leader WeWork, along with competitors like Common, Open Door and a number of others, are leaping on to the emerging co-living real estate trend. Co-living offers a number of benefits, from housing cost relief to energy efficiencies.’
Mounting Costs Push Construction Industry Harder Toward Tech Solutions | Bisnow
‘Construction has been slow to adapt because it is a vast industry, set in its ways, with hundreds of billions of dollars at stake. But change is coming, particularly because it is now late in the cycle, interest rates are rising, cap rates are compressed, and finding ways to work fast and lean is more important than ever.’
Cities Big And Small Race To Be Smart | Bisnow
‘The drive to install smart technology in an urban setting is going to accelerate in the coming years. Smart city tech worldwide spending was $80B in 2016, and is forecast to grow to $135B by 2021, according to a report by International Data Corp.’
How to Diversify Revenue, Generate Stability | Multi-Housing News
*Featuring Nine Four Ventures portfolio company Stay Alfred and parent company The Laramar Group
“With the flood of new development in downtown cores across the U.S., multifamily owners are constantly looking for new ways to assure the stability of their properties. We saw a unique opportunity to reduce the vacancy burden for owners and increase NOI by filling properties partially, or in some cases, fully, with short-term rental units,” Jordan Allen, CEO & founder of Stay Alfred, told Multi-Housing News. “For new upscale developments, our service is especially valuable during the initial marketing period, when owners are seeking a solid foundation of occupied apartments during what has become a hyper-competitive lease-up phase.”
