The Value of News in the Real Estate Industry
Shalom Lamm is a real estate investor who recognizes the value that updates via the news provide to investors, residents, tenants, buyers and sellers. The real estate industry has always been a news-driven industry. Consumers read outlets that provide accurate news in an effort to glean information about updates concerning the real estate industry more generally. And this is an important factor for all those in the real estate industry to be mindful of.
According to Shalom Lamm, the changes in the news industry have been a delight for some in the real estate industry. When one works in real estate, they are working at an incredibly rapid pace. It’s a pace that few can frankly keep up with. It truly requires a certain type of personality to be able to adeptly keep up with the speed at which most agents, brokers and investors in the real estate industry operate at.
So being able to consume news related to the industry in sound-bites or in abbreviated forms of copy and articles is something that’s both useful and helpful. So the changes that the news industry has brought for the real estate industry, in a way, have proven beneficial. These changes have also redefined the way some investors view certain properties.
Let’s not forget the type of impact that news operations have experienced based on the technological advances of the last few years and even the last decade. But the ability for educated and well-informed consumers of real estate news to be able to keep up and persist enlightening themselves concerning industry-related news is essential.
It fuels a more educated industry thats members have a keen understanding and recognition of the future of the real estate industry. Being able to consume real estate – related news in a way that’s not only comprehensible, but consistent and understandable is truly critical.
You want there to be educated consumers in the real estate industry in order to ensure pricing is set and stabilized in both rural and urban markets. Especially given the volatility our world has experienced in so many different ways over the last few months, these changes are healthy.
Let’s ensure the real estate industry continues being as informed as they desire to be. It’s healthier for the economy more generally. It’s ultimately the public writ large that will be the beneficiary of these changes.