News: Brokerage

Networking etiquette

Some rules were made to be broken. The rules of good business manners were not. Here are a few guidelines to help you network with good taste and great results. 1. Make a Proper Introduction: An email subject header should be specific and searchable. "Follow-up from AREW luncheon" or "Conversation about development sites" are helpful and appropriate. "Hey Kristine" or "Hello from Joe" will not catch your target's attention, or help her remember you as a serious professional. 2. Ask for What you Want: Include a specific call to action to elicit a specific reply. For example, "I would like to continue our conversation, and discuss your firm's design projects. When are you available for coffee or lunch next week?" Do not offer a vague suggestion, or expect your target to initiate or coordinate. Phrases like "Let's get together" and "Hope to see you soon" are weak and ambiguous. 3. Tell, Don't Sell: Don't include a three-paragraph sales pitch in your email; and don't leave a three-minute voice mail on my phone. I won't read it, or listen to it. Do include a brief relevant reason why you want to meet me, and I'll graciously consider it and reply. 4. Proofread: Use proper grammar, full sentences and spellcheck. Your words matter, so make them right. 5. Follow the Golden Rule: The next time you're not sure what to do, think about your own reactions to requests from other people. Remember which email caught your attention, who earned your respect, and what made you roll your eyes and say "I'm not meeting with that moron". Do unto others as you would have them do unto you, and you'll be remembered as a class act. Deena Baikowitz is the chief networking officer at Fireball Network, New York, N.Y.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,