Real Estate Goes Viral...
We're fortunate in that land development is allowed to continue working during our shelter-in-place order here in Colorado. Our development business is mostly about distancing, because heavy equipment does not work well in close proximity. For safety, equipment is spaced far apart and our conversations with operators and foremen has generally been almost exclusively outside and now, at a distance. Client contact is limited, so we make heavy use of a drone that we started using for video updates last year. Fortunately, we embraced technology to a greater extent last year and we're ready to weather this storm.
It is a bit more challenging. We're now having video conferences like never before, and team meetings are now held outside in my front courtyard, where chairs are spaced at least six feet apart. We're calling in take-out orders for our outdoor meetings to try and help our restaurant friends stay in business.
Left to Right: Tony Vienna, Ken Mitchell and Andrew Hartsel.
It's discouraging for our newest broker, Andrew Almgren, who entered the business just in place for our shelter in place order. He's had an extra obstacle to overcome, but he's doing well and has several searches underway for new clients. He already has a pipeline building and will be ready to emerge when the crisis subsides.