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Rexford Industrial to Attend the 2018 bank of the us Merrill Lynch world actual estate conference; up-to-date Investor Presentation | actual Questions and Pass4sure dumps

l. a., Sept. 20, 2018 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "enterprise" or "Rexford Industrial") REXR, +1.86% a apt property funding fill faith focused on owning and working industrial residences organize in Southern California infill markets, these days announced that the company will attend the 2018 fiscal institution of the usa Merrill Lynch world actual estate conference on the Wagner at the Battery, in gargantuan apple, ny on September 25-26, 2018. On the morning of September 25, 2018, the company will set aside up an up to date investor presentation to the company's investor family members web page beneath the heading company tips, at

About Rexford Industrial

Rexford Industrial is a apt property investment fill self-confidence concentrated on owning and working industrial residences in Southern California infill markets. The enterprise owns 167 residences with approximately 20.four million rentable square ft and manages an additional 20 houses with about 1.2 million rentable square toes.

For more information, quest recommendation from

Contact: Investor family members:Stephen Swett424 256 2153 ext.

View accustomed content material: institution-of-the us-merrill-lynch-global-real-estate-convention-up to date-investor-presentation-300716034.html

supply Rexford Industrial Realty, Inc.

Copyright (C) 2018 PR Newswire. sum rights reserved

national Asset capabilities Expands administration Portfolio With 4 further California and modern Mexico office Property places | actual Questions and Pass4sure dumps

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old business. afflicted business. inner the peril to Reboot Century 21, the actual estate colossal. | actual Questions and Pass4sure dumps

technology has threatened the actual property agent, but individuals nonetheless disapprove the domestic-purchasing manner. Can Century 21 fix it?

September 19, 2018 14 min examine

This sage seems in the October 2018 Entrepreneur. Subscribe »

walk into Century 21’s headquarters in Madison, N.J., and it’s lucid the company is in transition.

a couple of things look to be off and a bit of out of vicinity. The partitions. The furniture. And most chiefly, the Ping-Pong desk -- that clichéd image of a Silicon Valley startup, which sits awkwardly deserted in a nook. 

related: 7 techniques to Revamp Your customer Onboarding

The desk arrived in 2017, a corporate gift to welcome Century 21’s then-new CEO, Nick Bailey, who took over that summer. He’d arrived from Zillow, some of the very tech agencies placing pressure on Century 21, and carried with him no allegiance to his modern company’s past -- together with its office design. His mission, really, became to mostly rend the vicinity up: to overtake what many fill approach to peer as a drained manufacturer, a former actual estate stupendous that misplaced its routine as know-how grew to become the industry on its head.

“earlier than i was employed, the region looked relish a morgue,” he says. “An lousy region to work.” 

To birth, he did what’s develop into tolerable amongst tech leaders. He opted out of the corner office, moved into a cubicle a number of rows away and grew to become his predecessor’s labor zone into an organization war leeway of sorts. Desks fill been cleared out to produce route for the Ping-Pong desk. “We desired to create a shock element,” he says. “leadership has to prove that issues are different.” 

but here's a 47-12 months-historical business, and, as Bailey is learning, even shock waves attend now not to ripple outward very quick. It simplest takes a brief commute down the hall to perceive that. Cubicles nonetheless rise from carpet-lined flooring, and the hubbub stage can ultimate be described as “appropriate.” a party held one summer season afternoon for a lately wed employee featured a sheet cake and ice cream, relish on an episode of The office. 

Bailey says the renovation isn't yet complete. however he has greater things on his plate -- relish turning Century 21 into essentially the most sought-after, beloved manufacturer in precise property. That’s a huge project, specifically given that that almost sum consumers loathe the domestic buying and selling technique, no be counted who is assisting them Do it. The repair could be external (new emblem, messaging, pretty much a full rebrand) in addition to inner and emotional -- altering methods, altering culture, altering client expectations. It received’t be convenient, Bailey is awake of, and success isn’t a guarantee. neither is the blind aid of personnel, let lonesome a worldwide community of 8,800 offices and 122,000 agents. 

nevertheless, Bailey is setting lofty desires. He says the enterprise can double transactions in the subsequent 5 years and develop into the most heavenly manufacturer within the trade. He additionally believes historical past is on his facet. 5 many years ago, Century 21 re-created the actual property company in the us. What’s to pretense it can’t betide once more?

Century 21 turned into based in California in 1971 by route of two apt property agents who wanted to construct “the McDonald’s of precise estate.” It turned into the primary traffic to prefer the very aboriginal enterprise of actual estate and office it on a national platform -- operating a franchise gadget, with local franchisees who employ their own brokers. In a few years, Century 21 changed into opening a hundred offices a month. From 1988 to 1990, it ranked in the exact 10 of Entrepreneur’s Franchise 500® listing.

however the information superhighway fundamentally altered the apt property traffic during the ultimate 15 years. “once the checklist counsel grew to be publicly purchasable, the agent went from being a guardian of tips to being an expert features issuer,” says Clelia Peters, president of modern york’s Warburg Realty and co-founder of MetaProp, a venture fund concentrated on actual estate know-how.

This in spin created modern opportunities for actual property upstarts, who got here in with immaculate ideas to tackle an industry that’s value $31.eight trillion within the U.S. Redfin, for example, launched in 2004 with a DIY mannequin: purchasers may find and purchase a house on the web site with no employ for an agent. That turned out to no longer work; within the highly emotional routine of buying a home, Redfin discovered, individuals relish having an authority with the aid of their facet sum over the buying system. So Redfin pivoted to look extra relish a measure brokerage, hiring more in-condo brokers and making employ of its technology to produce the purchasing and promoting system as seamless as feasible. “know-how makes actual estate extra effective, and that’s why the economics of it are changing,” says Redfin’s CEO, Glenn Kelman. “but there’s silent a residence [for an agent] to assist someone device out: is that this the confiscate apartment? is this the correct rate?” The pivot worked: Redfin is now a public traffic that showed a 36 p.c leap in annual earnings in its final quarterly file.

however as entrants relish this embraced exchange, Century 21 resisted. “The attitude has always been Don’t rock the boat,” says Bailey. “We’re too gigantic, we’re too huge, we’ve been around too lengthy. What if they alternate and it destroys us?” trade came anyway. The remaining time the former mainstay of Entrepreneur’s Franchise 500 list made the rankings become 2008. 

related: true 10 motives to Rebrand Your enterprise (Infographic)

Bailey, youngsters, feels geared up to capture the company up. He received his profession start as a Century 21 agent and most lately served because the VP of broker members of the family at Zillow, the online-listings enterprise that helped buyers recognise they don’t deserve to pay an agent to inform them what homes are on the market. It became there that Bailey says he discovered what the traffic thinks of Century 21: “It turned into referred to as ‘your grandfather’s brand.’ ” 

Century 21’s modern emblem (left) and its usual.

photograph credit: Courtesy of Century 21

to change that notion, in March, he added a visible rebrand -- a step towards attracting more youthful franchisees and more youthful purchasers. long past is the black-and-gold emblem that includes a midcentury, Brady Bunch-vogue condominium. In its region are nuanced tones -- grey and lightweight gold -- that showcase a simple C with a 21 nestled interior. 

subsequent, Bailey desires Century 21 to better understand its customers and their considerations. previous this yr, the enterprise commissioned a perceive at by means of Wakefield research on patrons’ emotions towards the actual property universe. The results had been comically dismal. Forty % of individuals feel it will be worse to promote their home than accept a root canal; concerning the equal percentage feel being a apt property agent is more convenient than driving a taxi. Century 21’s first response got here by the employ of companionable media: “We requisite to genesis a dialog round how the apt estate event can be stronger,” it wrote, “and the route their brokers might aid achieve that.”

How will it obtain that? It’s a gargantuan question.

To beginning, the company is taking a cold, challenging examine each a portion of the home buying procedure. From a apt property agent’s factor of view, the problem starts immediately. “Seventy % of americans employ the primary agent they meet,” says Cara Whitley, Century 21’s CMO, who joined in 2015 and got here from a background in hospitality and finance. “individuals expend extra time gaining knowledge of restaurants than who will oversee the biggest purchase of their lives.” but this is also a random -- either to be that first adult a buyer meets or to alternate buyer habits and win them far from rivals. 

The closing routine is an additional regular pain factor. It’s that ever-moving goal when possession is formally transferred to the purchaser. “As a purchaser or seller, you don’t prefer into account why [that date is never met],” Whitley says. here, Century 21 also sees probability: It wants to produce the process much less worrying, greater clear and streamlined with know-how.

For as open as the traffic is about its issues, it’s much less drawing near about its solutions. I time and again pressed for specifics on the changes it could produce and the tech it become constructing. How would sum this repercussion franchisees, brokers and consumers? The traffic commonly spoke of it couldn’t tender specifics. It’s early days, to be honest -- lots is both in structure or nonetheless in the conceptual phase.

It did present a couple of basic outlines, notwithstanding. Century 21 says it’s making colossal investments in technology, will simplify the present system for agents and will produce its site greater cell-friendly for buyers. Franchisee onboarding will trade, too, leaning on video chat and conferencing to produce the routine “more experiential than theoretical.” 

linked: To raise Innovation, Reboot Your Conversations

Bailey is greater specific about how he intends to alternate the enterprise’s lifestyle. To beginning, he these days introduced whatever thing he calls condominium Habits -- six motivational ideas that fill been allotted to sum franchisees and are to serve because the modern foundation of brokers’ performance evaluations. They’re idealistic, if not a diminutive tacky: “all the time bring up,” reads one. “121 % wins,” says a different. The captious component, Bailey says, is that they contain directives. “personal it” is intended to exchange the enterprise’s appropriate-down choice-­making procedure. “What if?” invites brokers to problem the legacy thinking that’s kept the brand at a standstill. “Dream massive, circulate fast” asks franchisees to withhold up with the adjustments at HQ. And “Open the house” calls for transparent conversation -- inside the traffic and between agent and consumer. 

“We wish to accept brokers to deliver an dazzling event,” Whitley says. To Do so, she’s also exploring modern incentives and rewards. This summer time, Century 21 presented six agents with the Relentless Agent Award, an veneration in keeping with service in residence of sales volume. leadership pored over 5,000 customer testimonials to determine honorees, who were taken to ESPN’s ESPY Awards in los angeles this previous July. And that turned into no random prize: Century 21 is now partnering with ESPN with a purpose to align the ardour of its brokers with the ardour of a activities fan. (Century 21 will sponsor “relentless moments” in sports via classified ads featured on ESPN companionable structures.) 

If it appears relish an unnatural healthy, that’s the aspect. Whitley and Bailey want to trap the attention of fresh, formidable blood -- and that they’re searching smartly backyard of actual property to determine how. may a rankings gadget spin into as useful to the enterprise as Yelp has spin into to restaurants? could the predictability of an Amazon start be translated to the timeline of buying a home? Says Whitley: “We’ve obtained to look to be across to different sectors to perceive what’s working and bring that pondering to what we’re doing.”

changing any large company is difficult. nevertheless it’s even tougher in franchising, where adjustments on the corporate even fill to then reverberate privilege down to lots of or hundreds of franchisees. 

In those franchisees, Bailey is finding a unique problem. true, hard-charging franchise groups elope in lockstep, with their franchisees accomplishing a smartly-honed device. but at Century 21, while the company become failing to reconcile over the past half-century, its franchisees discovered their personal optimum practices. for example, Dylan de Bruin, co-owner of a Century 21 in Des Moines, carried out an audit of the buying and promoting manner to learn the residence brokers can augment carrier. In Washington, D.C., franchisee Todd Hetherington customized working towards with more individualized, in-the-field work. 

“There were no traffic shifts sent sum the route down to us on the ground stage,” says Manny De Silvia, a Century 21 agent in Corona, Calif. In his event, agents are more focused on their own brand than that of the enterprise, anyway. “All agents affirm the selfsame issue: ‘It’s not about the company; it’s about me,’ ” he says. “americans will buy and checklist with us on account of who they are. They aren’t taking a perceive at manufacturers anymore.” He says a few of his colleagues had been tempted to defect from Century 21 to next­home, a startup-vogue brokerage (and franchise) that launched in 2015. There, expertise and a coincident culture is portion of the founding DNA. “They’re constructing what millennials like,” he says. “There’s a large work­table; everything is digital.” 

These are the styles of people that a rebranded, refashioned Century 21 will deserve to reengage as a route to be successful. And in order to imply listening to a lot of opinions.

After Century 21 published its modern branding, as an instance, franchisees across the nation dutifully replaced their sign­age and traffic playing cards -- but that doesn’t spell they’re sum satisfied about it. “Fifty years structure a manufacturer, the gold standard! sum to be thrown away for beige and boring,” wrote one on fb. a further echoed, “appears relish the clothier went to a mall, passed a Michael Kors store and a continuously 21, then this brand turned into born.” 

In conversations with franchisees, I heard complaints of sum varieties. Some, relish Tracy Larson, an agent with a Century 21 franchise within the Florida Keys, believe the logo design isn’t common enough. “It’s first-rate for metropolitan areas,” she says, “but there’s no connection to an island lifestyle, which is what they promote privilege here.” Others complain of the charge. Franchisee Hetherington says it will require lots of of lots of dollars to change out indications and advertising materials. “I gained’t affirm I’m delighted to pay it,” he says, “however’s making a metamorphosis and inserting us on the map.” And in manhattan, Ryan Sherman wants to perceive extra exchange. “To produce a splash, Century 21 has to reinvent the mannequin,” he says.

linked: Time to Revamp Your traditional family enterprise

Some affirm that they had no conception the alternate turned into coming except it arrived. a number of franchisees had been consulted sum through the design method, even though Bailey says it might were unimaginable for the company to connect with each remaining one. relish many colossal franchisors, he changed into resigned to the verisimilitude that he couldn’t delight sum and sundry. “The preliminary rollout changed into emotionally charged,” he says. 

What he hopes now is that franchisees supply him the capitalize of the doubt, and time. The rebrand will prefer a number of years to hit sum 8,800 offices, and that’s just the visible elements. Cultural and technological alterations will prefer residence at their personal tempo. however, he looks to think, a noteworthy first step is as a minimum acknowledging sum of the issues. Century 21 vital work. Its trade is grappling with stupendous trade. a company that faces challenges head-on is more hale than one which doesn’t.

“precise property is local -- even 10 miles makes a change,” Bailey says. “yes, they want to fill consistency. but they are able to fill a even of flexibility that silent lets individuals be people.” in spite of everything, particular person success can handiest result in improved issues for the company. “If the industry gained’t create the normal,” Bailey says, “then why can’t we?” 

CA-Real-Estate California actual Estate Exam

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No outcome discovered, are trying modern key phrase!Foreclosures listed for sale in and round Rancho Bernardo-4s Ranch may deliver opportunities to movement into a home you couldn’t fill the funds for otherwise. Foreclosures on the market are silent being listed ...

true property boards look to TREB's event related to income records liberate | actual questions and Pass4sure dumps

Tara Deschamps, The Canadian PressPublished Tuesday, September 18, 2018 9:30AM EDTLast updated Wednesday, September 19, 2018 7:37AM EDT

TORONTO -- precise property boards throughout Canada are mulling the free up of home revenue information on-line after the Toronto apt property Board began permitting such numbers to be published on password-included web sites on Tuesday.

Calgary, enhanced Moncton and B.C.'s Fraser Valley fill been among a handful of actual property boards that stated they had been searching in opposition t the stronger Toronto zone to resolve how their own region may silent handle the contentious problem that involved seven years of fighting at three judicial their bodies for TREB, which wanted to preserve the statistics beneath wraps because of privateness and copyright concerns.

The combat, which started after the competition Bureau alleged in 2011 that fighting the bespeak of the statistics became anti-competitive, led to August when the Supreme courtroom of Canada refused to listen to the case. TREB took just a few weeks to determine details around how realtors might publish the numbers before giving them the go-ahead Tuesday.

Alan Tennant, the manager govt officer of the Calgary apt property Board, observed he watched the case closely, knowing it might seemingly fill ramifications on how his board handled the concern.

CREB, he spoke of, is already doing an analysis of how releasing revenue records would influence its guidelines, however has no objective of combating the liberate of the records on password-protected websites relish TREB did.

He talked about it is essential the board no longer rush into releasing the records, but he anticipates its e-book in Calgary can be "notably short."

"I Do not perceive this desiring to drag on. I perceive it as being in fact easy," he noted. "(precise property boards) are sum probably on the selfsame factor in alive to to try this correct and easily accept on with things."

Like Tennant, stronger Moncton actual property Board government officer George Murray referred to he paid consideration to the TREB case and as a result of it and a few inquiries from aboriginal realtors in fresh weeks, his board has set aside a discussion on the dependence on its Wednesday meeting agenda.

"We treasure the magnitude of the matter and wish to circulate on it as privilege away as possible," he observed, including that the board is already consulting with lawyers in regards to the implications of making such facts attainable on-line.

If the board decides to lunge ahead with allowing realtors to set aside up the facts on-line, Murray observed it may not simply replica sum of TREB's standards, which already bar realtors from scraping, mining, selling, reselling, licensing, reorganizing and monetizing the numbers.

"We should fill their personal options from legal information and act in their own approach to produce confident we're doing the premiere they can to now not only be compliant however prefer supervision of the optimal pastimes of the public."

John Barbisan, the president of the Fraser Valley actual estate Board in B.C., stated he has watched TREB approach upon "growing pains" as it discovered how it would enable statistics to be launched.

The board tussled with how to handle historic bought cost recommendation the residence is of the selfsame persuasion were given earlier than sites fill been in being and the route long listing pictures should abide lively on a broking service's web site after the sale of a property has been achieved.

It also needed to cope with realtors who rushed to submit the facts online instantly following the Supreme court docket's dismissal of the case. TREB ended up sending them stop-and-desist letters, warning it could dispose of facts entry and TREB memberships or bring prison action against contributors it believed had been violating its user agreement via posting income numbers on-line "in an open and unrestricted fashion."

Barbisan would not reflect the issues TREB confronted will be distinctive than what his residence may encounter, however observed his board intends to "take the lofty highway" and view the route it can unencumber the statistics.

"i'm inescapable it is going to be coming their manner and we're making efforts to set aside together for it."

Orange County, CA actual property enterprise Re-brands and affiliates with LeadingRE | actual questions and Pass4sure dumps

RISMEDIA, Oct. 1, 2008-Altera actual property, previously RE/MAX precise property services, announced that it has spin into the most up-to-date affiliate of leading actual property companies of the area® (LeadingRE) positive nowadays, October 1, 2008.according to the business, LeadingRE is among the biggest networks of apt independent local and regional brand-identify brokerage firms within the residential sector of actual estate. The just about 700 businesses affiliated with LeadingRE are represented via 5,500 places of labor and a hundred and seventy,000 pals in 38 countries international. Its associates comprise six of the top 10 actual estate agencies within the nation. In 2007 LeadingRE affiliates produced 1.2 million domestic sales valued at well-nigh $370 billion within the U.S.

The Thomas household is the only owner of Altera actual estate®. CEO and Founder, Gary Thomas, together with President, Steven Thomas, are well primary each in the neighborhood and nationally. Gary Thomas is a former President of the California association of Realtors® and is slated to be President of the national association of Realtors® in 2013. Steven Thomas has served as the president for 5 years and has spin into a depended on supply on actual estate concerns for a lot of media sources including the Orange County Register, the biggest subscription newspaper in Orange County where the business’s distinctive places of labor are located.

“Our cognomen has changed, but their dedication to Orange County communities and to being the premier actual property company within the zone continues to be steadfast,” stated Gary Thomas.

“while their partnership with RE/MAX has been mighty for many years, they recognize that their energy comes from being a local traffic whose 350 agents measure far more journey, production and client referrals than any other aboriginal multi-workplace firm. They disagree with that every one precise estate is local and a local focal point will allow us to more desirable serve their brokers and clients,” stated Steven Thomas “decisions can now be made in a greater well timed trend to reply to their market situations.”

“As a member of the leading apt property companies of the realm they can fill access to forty,000 broker-to-broker referrals every 12 months,” pointed out Thomas, “In nowadays’s risky monetary market, the electricity of alien currency has made the purchase of U.S. goods, services and homes even more attractive, and leveraging LeadingRE’s gargantuan international ground is a particular capitalize to their buddies.”

Altera apt estate will quickly launch ‘delight starts off At domestic’ a comprehensive advertising crusade aimed toward buyers and agents positioning the brokerage, as a aboriginal traffic with sum of the technological sophistication of an stupendous alien company, backed by a wealth of local actual property event due to the fact that 1985.

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