Four Keys To Success In The ‘New Normal’

Miriam Moore is the President of Default Services at ServiceLink, a provider of transaction services to the mortgage and finance industries.

Covid-19 has been a great equalizer. Regardless of industry, it has affected just about every business in some way. Some have had to cut staff, amend their hours or rethink their whole business model. Remote workforces are now the norm while the number of employees working in an office has dwindled over the past several months. Prior to March 2020, I’d bet that a large number of Americans weren’t all that familiar with Zoom or Microsoft Teams, and probably even fewer relied on them for everyday communication.

The country’s real estate and lending industries weren’t spared, either. As concerns grew about the transmission of the virus and its potential impact on the housing sector, companies scrambled to maintain operations. That proved to be tough with increasing health guidelines and social distancing protocols. For example, some real estate agents didn’t feel comfortable physically showing properties, or they weren’t allowed to. Appraisers largely hit the brakes on traditional inspections and homeowners looked for new ways to close on a home without sitting across from a stranger. Meanwhile, banks and

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Real Estate Recovery Depends On Vaccination Success

(Getty, iStock)

(Getty, iStock)

It’s one of New York City’s biggest real estate events of the year: Thousands of attendees fill the Jacob Javits Center for the International Council of Shopping Centers retail show.

The December event was canceled, as virtually everything was last year. But today, Javits is one of the vaccination sites the real estate industry is counting on to bring New York back to pre-Covid life.

In the parlance of real estate, widespread vaccination is seen as a leading indicator. Real estate’s recovery is expected to follow, though some segments are expected to take longer than others.

“I think you’re going to have pockets of real explosive growth,” said Marcus & Millichap’s Eric Anton, who noted decimated sectors like retail and hospitality have the most potential to rebound. “I think it will spur confidence in multifamily in New York and New Jersey, which seem to be tumbling beyond recognition.”

Some sectors are primed for a fast comeback. Hotels, for example, are among the assets most sensitive to changes in the economy, as their room rates are essentially reset every night. Many experts believe that once business travel and tourism return, the hotel industry will bounce back relatively quickly.

Dr.

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The Home Design and Remodeling Show is Boosting Success for Local Home Improvement Brands

FORT LAUDERDALE, Fla., Jan. 21, 2021 /PRNewswire/ — The Home Design and Remodeling Show is producing results for local home improvement companies, such as Belamo Design and Velum Design, with generating leads, increasing sales, and branding recognition from the exposure of its Show and advertising campaigns. The Show features exhibitors from all facets of the home design industry, from custom kitchens, to impact windows, to furnishings, to backyard design, and home automation.

Belamo Design started out four years ago selling their luxury products without a showroom or real form of advertising. The positioning by the design-centric media organization that is the Home Show Management Corporation has been a factor in the growth of Belamo Design. The brand has recently expanded to their first retail showroom location with over 5,000 square feet in Boca Raton, and more locations coming soon.

Tom Keersmaecker, Sales Manager at Belamo Design, attributes the Home Show Management Corp. as an instrumental component to the strong foundation of his company.

“The Home Show has been instrumental to our launch and success as we have participated in every event since we opened our doors”, said Keersmaecker. “This platform helped us to make our brand more recognized,

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