Michelle Marie Zere: Where are we now, where are we headed and where are the opportunities?
July 25, 2011 - Long Island
The Dodd Frank Act needs to be repealed. All of the banks hands are tied for commercial lending. Unless this changes nothing is going to move and it is creating fear a stagnant market for business owners and investors looking to purchase properties. In my opinion Costar is trying to eliminate the brokerage community by trying to cut out the commercial broker by listing the owner's name and contact information on the same page with the broker representation. Many owners are furious about this and have broker representation to protect them as owners. On one hand they say they are here to serve the commercial industry but I think it is creating mayhem. With the New York Real Estate Journal at the helm of all of the tri-state commercial real estate action one can stay informed on all of the deals and inside track happenings that effect our fiscal environment that drives the economy.
Michelle Marie Zere is with Zere Real Estate Services.