Jose Auriemo Neto: Proof that Family Businesses can Thrive Well Into the Second Generation

It is often said that most family businesses fail by the second generation. Consequently, whenever they make it far it is due to competent leadership in both generations and a smooth transition. Founded as a family business in 1972 by Fabio Auriemo, Brazilian real estate company, JHSF is one of the few that have survived into the second generation. Not only has it survived, it has thrived. Under the capable leadership of Jose Auriemo Neto, JHSF has grown its value to R$1.2 billion, thus becoming one of the largest companies in the industry. He has also tremendously diversified the company’s operations, thus making it among the most stable a country prone to economic shocks.

Jose Auriemo Neto was brought into the company in 1993. While still a fresh graduate from Fundacao Armando Alvares Penteado University, and lacking in any significant experience, he was quickly thrust into the thick of things. Less than five years after joining the company, he was already taking charge of projects valued at millions of dollars. His earliest involvement of significance came in 1997 when he supervised the launch of JHSF’s parking service, Parkbem into the market. Not so long after, he took on an even bigger responsibility by supervising the development of the company’s first mall, Shopping Santa Cruz.

That said, Jose Auriemo Neto’s greatest contributions to JHSF have come after he was named CEO in 2003. The company is increasingly looking outward as it has gotten into retail agreements with a number of international luxury brands. This has also been accompanied by increased real estate developments in foreign lands, with the company now owning and managing properties in both the U.S. and Uruguay. Further, he in 2015 got JHSF involved in an ambitious project to build an airport in Sao Paulo. Such a momentous project speaks a lot of how far JHSF has come under Jose Auriemo Neto.

Learn more about him: http://clubenegociosonline.com.br/jose-auriemo-neto-sucesso-no-mercado-de-luxo-das-incorporacoes-imobiliarias/

Nationwide Title Clearing, Inc. Reaches Millions

Nationwide Title Clearing, Inc. is one of the country’s leading wholesale documents processing company, serving retail lenders, mortgage companies, and similar organizations that deal in the mortgage markets. They have been in business since 1991 and are located in Palm Harbor, Florida near Tampa.

 

Eight out of ten of the top retail mortgage and lending companies have chosen Nationwide as their primary source for documents. The accuracy and timeliness of the delivery of documents are primary reasons why Nationwide stands out among the fierce competition in the industry.

 

Nationwide has a compliance rate of 99.89% and a rejection rate of only .78% which are statistics that are unheard of in the documents industry. These figures mean that Nationwide is spot on because they are delivering speedy and accurate documents nearly 100% of the time.

 

Nationwide has over 600 employees who are located in three different states. In Dallas, Texas there is a large Data Facility that serves as a backup just in case there is an emergency that would affect operations. This facility ensures that systems and delivery of documents will continue to clients no matter what happens in the way of a natural disaster or some other cataclysmic event.

 

A big factor in the success of Nationwide is the dedication and efforts of the employees. They are highly trained and effectively vetted from the very start, but it should be kept in mind that the mortgage business can be quite stressful, especially when standards at a company like Nationwide are very high. John Hillman, CEO of Nationwide continually gives high marks to the employees and how they always come through, even when the stress levels are high. Hillman goes on to say that the company plans for these stressful periods with planned backup personnel in the ready.

 

Danny Byrnes, Vice President of Sales at Nationwide points out another reason for the high performance at Nationwide. He states that the maintenance of a national abstractor network is a highly complex and demanding business, but if you have the right standards and the ability to audit your processes, it can be done. He goes on to say that if a system is totally transparent and you have processes in place to audit each and every step, it becomes a painless process, especially when it is digitally driven.

 

The investment commitment that Nationwide has made in the technological side of the business has been very big, but because of that step, the auditing and document transferring processes are the best in the world.

 

 

 

Town Residential Opens New Offices

Town Residential is among the fastest growing real estate companies that are based in New York City. The company was founded three years ago, and it has been very successful. Just recently, the residential brokerage company announced that it would be opening a new office in the meatpacking district. According to the report from the company, the new office is expected to bring easy access to a crucial swath of the residential neighborhoods that are located in Hudson. The introduction of the new office will be beneficial to the residents.

 

Andrew Heiberger, the founder of Town Residential, says that the brokers in the city will be able to take their customers around the High Line to any appointments. At the moment, Andrew serves as the Chief Executive Officer, and he has played a huge role in the success of the institution. Andrew says that the new office is located just a few steps from the high story park, and clients in the region will benefit from the services that will be provided.

 

Town Residential decided to lease the whole second floor in 446W in 14th Street, and the contract is expected to last at least fifteen years. The new 7100 space has sixteen-foot ceilings, and its occupants will have access to the private roof deck that is on top of the respectable three story building. The building exemplifies the flair the CEO has been explaining for some time. The new office is designed to appeal the brokers who will be coming for services.

 

Town Residential has been on the market long enough to understand the importance of outdoor space to the brokers who have to work hard and meet the needs of the clients. The new space that has been leased from one of the best and modern buildings, and it differentiates the company from its competitors in the city,

Mr. Heiberger also announced that one of the boutique brokerage firms, known as Thomas& Ingram would be joining Town Residential Company. The new company will also be moving into the meat packing district branch, according to the report. The boutique brokerage company focuses primarily on sales at the West Village.

Heiberger is also expected to move to one of the smaller offices of the company that currently operates at the 45 Horatio in West Village.

 

Town Residential has been in the spotlight for some time, thanks to the financial effects of the Brexit. Many investors are currently choosing to invest in the United States, because the country is considered to be a haven, especially during harsh economic climates. Investors are investing in the New York City real estate because it is one of the most promising areas. These investors are sure that no matter what happens in the economy, their investments will be safe.

 

Greg Hague the Darling of the American Real Estate Industry

Greg Hague is the man with the Gold in the American Real Estate industry. The inspirational entrepreneur speaks passionately of his sustainable real estate selling ideas. Greg has mentored thousands of realtors in the United States through his out of the box selling ideas.
Hague rose to the top of real estate through innovation and persistence. Today, he passes down decades of experience and wit to aspiring realtors not only in America but around the world. He draws admiration from his students, peers, and the entire industry. Some call him a visionary, real estate strategist, America’s top real estate expert and also a forward thinker.

When you listen to Greg talk or watch one of his videos online, you get completely blown away by his sharp mind and ability to deliver the message. His audience falls into a gaze and pins drop silence. It’s like a magical moment of transfer of knowledge. Other than real estate, Greg wears other hats, perhaps an indication of his wit.

 

Greg Hague doubles up as a law lecturer, author, and attorney. One of his books, “Swim With The Sharks”, was rated a best seller by the New York Times. His passion for the industry across three decades makes him an authority in real estate matters. He owns several firms in the industry and has become a public speaker.

 

Greg notes that the industry lacks radicals and revolutionaries. While other sectors have come up with cost effective marketing strategies, real estate continues to use redundant methods for over 75 years. As a result, home sellers lose about 5% of their asset value while selling. It involves erecting signboards on vacant properties and running advertisements. Potential buyers come to inspect the properties with the hope of closing a deal.

 

Greg Hague established the Real Estate Mavericks to start a revolution in the industry through coaching and mentorships. The most popular programs the firm runs includes 22-step Home Launch Formula and the 29-day Fast Sale Plan. These programs base their operations on creating a buyer’s rush thus saving time on a home listing.

(Check out Real Estate Mavericks at their website)

In his experience, buyers love seeing a property first or long before it’s launched into the market. He calls it the ‘coming soon’ effect. This strategy helps to build curiosity or anticipation and demand. Private shows are also allowed in such cases. In fact, private shows yield the best results as clients buy such properties at better prices than when in the market.

 

Also, when a house stays on the market for too long, future clients get the idea that it’s overpriced. Greg Hague advises agents against the traditional approach. Instead, he urges them to send out personalized messages to other agents in the locality. Such actions create interest as prospective buyers demand a peek into the properties that are about to get into the market.

How Tech Start Ups Are Raising NYC Real Estate Prices

Since the epic explosion of technology use in people’s daily lives, start up companies have been popping up since the year 2000 and have been growing exponentially since. New York City is one of the largest tech hubs in the Unites States, and to keep up with the frequent growth they’ve had to tweak a few things to buffer the influx of companies and their employees. An article in the ‘Huffington Post’ outlines a few of the changes made by the tech bubble increasing in size.

Since tech is such a massive cash cow, companies and start ups that burst into the business world tend to flourish fast which means they need commercial real estate. Even if they start as a small company, well rounded and backed start ups can double their size within a year, which means larger scale real estate is required. The tech industry overtook 19% of leasing activity in NYC real estate, according to Town Real Estate in 2014, the percentage itself was guesstimated to be much lower on the spectrum. Capital from investors is being mainlined into the tech scene of the city, a report from CBI stated the average Series B financing sky rocketed from $6 million in 2013 to $17 million this year alone. With the mass amounts of space needed in such a small area, commercial real estate prices in places such as Flatiron, Chelsea, and Union square have jumped up 80%.

With the younger generation running most of the tech companies the style of their desired office space is completely different from the traditional, run of the mill cubicles with grey carpet. Their unique designs and modernized interior wishes call for exposed brick, loft spaces and open floor plans. These tech companies have landlords changing up their buildings to cater to these companies by knocking out walls and giving it a new, industrial feel.

Employees of the tech companies need a place to live, some can afford luxurious apartments while others go to lower income neighborhoods. These well educated and young people have been turning outdated neighborhoods back into hot spots, igniting a new flame in rural areas. The proof lies in the massive 40% raise of college educated people living in places like Long Island and Astoria since 2008. Change is the only consistency and as the tech market grows, NYC real estate will mold with the change as well.