Resolve has recently been hiring a lot of people and the question that always comes up is how the credit markets and real estate current events are affecting demand for our product. Having lived through 2 real estate cycles, I believe my answer is based on experience. And that is, that when people are making money, they're less inclined to ask questions and dig deep. The opposite holds true when investors, especially institutional ones, are losing money. When this happens, people want to know what is going on, and thus, in a worsening economy, the demand for information grows exponentially.
A recent conversation with one of our clients confirms this:
"It’s a bit of a Request renaissance around here...Lots of people asking for reports and data. As the market goes down it causes people to want more data. I am very busy building dashboards."
Related to this topic, we're hosting a webinar March 20th on Managing Your Real Estate Investments in the Face of a Debt Crisis. Outside experts will discuss market conditions, go forward options, and the effects of different strategies on investor returns and compliance. To register, click here.
Monday, March 10, 2008
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