Changes in the world of commercial real estate have made team working vital for success, according to Rod Santomassimo, founder of real estate consultancy Commercial Real Estate Team Series. The growing complexity of business and regulation means staff must coordinate more than in the past. More multi-location client opportunities require a wider range of skills to enable finding a property to evolve into servicing an account. Santomassimo added that drawing upon the skills of others is an effective way to deal with more complex regulation, while encouraging collaboration and competition among employees is key to dominating the market. The availability of information is also growing, meaning more specific expertise is required.
Changes in the world of commercial real estate have made team working vital for success, according to Rod Santomassimo, founder of real estate consultancy the Massimo Group. The growing complexity of business and regulation means staff must coordinate more than in the past. More multi-location client opportunities require a wider range of skills to enable finding a property to evolve into servicing an account. Santomassimo added that drawing upon the skills of others is an effective way to deal with more complex regulation, while encouraging collaboration and competition among employees is key to dominating the market. The availability of information is also growing, meaning more specific expertise is required.