The commercial real estate industry is shifting. A variety of digital trends are reshaping the market; short-term rentals are becoming a boon for many, and millennials are hesitant to enter the sector. As we start the new year, let us learn from the last year’s most significant commercial controversies and trends.
Here are Realtor Magazine’s top five commercial articles from 2017:
4 Issues to Watch for Property Managers – This year saw a lot of movement on laws concerning service animals, rent control, marijuana, and criminal background checks as they pertain to multifamily property. Here are hot-button issues to know.
A Grander Vision for Short-Term Rentals – Agents have found their place in the short-term rental trend, helping investors purchase properties to rent out on sites such as Airbnb. But there might be another way your clients could make money off short-term rentals.
Multifamily Amenities Grow Up – Lounges and business centers can make a condo or apartment complex feel dated, but there are easy fixes that can bring these common amenities up to date
Attract Young Pros to Commercial Real Estate – Commercial brokers can become adept at recruiting talented, tech-savvy millennials if they make a few crucial changes to their processes and culture.
3 Commercial Real Estate Trends to Watch – As businesses evolve in the digital era, it’s affecting their needs when it comes to physical space in commercial properties. Learn how retailers’ mobile data, intermodal shipping optimization, and microunit apartments are playing bigger roles in commercial real estate.
Full Article at Realtor Magazine