News: Brokerage

Real Estate Storefronts Transform into Social Touch Screen Portals

After over 18 months of research and development, Live Open House is proud to announce the official launch of LOH Vision. The new technology is a marriage between touch screen hardware and intuitive software; transforming ordinary storefront windows into social platforms. Potential clients are able to view videos/photos, agent profiles, utilize interactive maps, explore nearby attractions, perform comprehensive property searches, absorb real time news, and even connect with the company via Facebook and Twitter. The broker can then track all of the client activity through the full suite of detailed analytic software. According to Vernon Jones, the CEO of Live Open House, "the goal of the product is to organically maximize sales for brokerages by focusing on the hyper-local market." Shane Neil, a Rapid Realty broker in the West Village, was able to secure nine new commercial listings and over 22 walk-in clients during the beta-test process. Agents and brokers have been quoted saying that the product is "taking it to another level" and exclaiming, "The future has arrived!" The technology will be unveiled on Thursday June 28th at Open House Lounge, located in the Lower East Side section of Manhattan. It will also be showcased at LOHO Realty, located at 397 Grand Street, New York, NY 10002. Launch Event Details: Location: Open House Bar and Lounge, 244 E. Houston St., New York, NY 10002 Date/Time: Thursday, June 28th, 2012 - 7:30pm - 11pm What to Expect: Exclusive product presentation, quality networking, and full bar View their promo video at: http://youtu.be/jS8F9leqLJc
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.