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April 8, 2020

Take It From Florida: Yes, You Can Sell Condos Online Right Now

Many Americans have transitioned to working via Zoom, exercising via Zoom and having their dog meet with his psychologist via Zoom. Can you also sell real estate via Zoom? Experts in South Florida, where foreign buyers have long invested in condos over long-distance deals, say it can be done. They have a few tips.

Take It From Florida: Yes, You Can Sell Condos Online Right Now

From August 2018 to July 2019, $16B worth of real estate in Florida was purchased by foreign buyers, according to data from Florida Realtors. With so many based in Latin America, Turkey and China, agents have grown accustomed to virtual tours, FaceTime showings and digital offers."I can tell you…

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This week, the No. 1 topic among real estate professionals everywhere is how rents will play out this month and beyond. “The goal here is sum zero,” said Vagabond Group CEO Avra Jain, known for trendy, adaptive reuse projects and affordable housing initiatives. If a landlord gets paid by tenants, then he or…

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Another Florida golf course has been shuttered, this time thanks to the coronavirus.Inverrary Country Club is a 292.5-acre private golf and country club in Lauderhill, northwest of Fort Lauderdale, with two 18-hole courses. It was founded in 1970 and used to host a PGA Tour event that grew into The…

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My New Normal: West, Lane & Schlager Co-Founder Eric West
 

This series aims to capture a moment in time, talking to men and women in commercial real estate about how their lives and businesses are being transformed by the coronavirus pandemic.

For tenant brokers like Eric West, a typical day usually consists of in-person meetings with clients and tours of office buildings.

The coronavirus is forcing West, the co-founder of D.C.-based tenant rep firm West, Lane & Schlager, to adapt to working from home and only talking with clients through phone and video calls. While he has gotten used to the adjustment and developed a routine, West said he does not think this pandemic will change the importance of face-to-face interactions in the commercial real estate business, and in the office environment, in the future.

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