Friday has come upon us quite fast this week. The sun is shining and it's cool out. Fall is here. Hooray !
Today, I'd like to discuss the mortar that holds the Real Estate and Construction industries together, and that would be the industry associations. These groups and organizations allow the professionals from all sectors and niches of the Real Estate and Construction industry to mingle amongst each other in order to create better opportunities that drive the housing market.
The first one that I would like to mention is the Building Trades Association (BTA), which is, as they describe on their website, "made up of thousands of companies involved in all phases of the building and construction industries". Additionally, they have an invaluable Contractor Directory, which can prove as vital to anyone in our industry. They charge a nominal fee for full access to their services and registration.
Jessie Sidhu, a multi family investor and Real Estate Broker, names the Apartment Association as a very valuable resource, stating that, "They keep you informed of all latest rules, regulations, laws (local, state & federal) pertaining to landlords and renters", as well as, "provide insights into the industry/current trends along with local vendor resources and more".
Raj Persaud, a Sales Agent and Business Development Manager for Manhattist Inc, cites the National Real Estate Investors Association (NREIA), Multiple Listing Service (MLS), and the Real Estate Board of New York (REBNY), as his most valuable industry associations.
Persaud says that the NREIA is a, "very sophisticated association but you can tell that they do very real work which has very practical implications for the industry", and that he thinks that, "they are the most future-forward in fore-seeing approaching challenges and mobilizing investors and professionals to address them".
For the MLS, Persaud says that, "to just be a part of this service is incredibly convenient and instantly enhances your company to marketing 2.0. They make a search for any property in NYC with open listings very easy and at your fingertips". In discussing the REBNY, Persaud says that is serves as the, "real backbone to the property market here in NYC. Their unity of professionals brings real hope to the industry and they are always promoting better standards, including energy efficiency in buildings across the state. This is the kind of force we all need".
Have we missed any associations that are valuable to you? Please comment and let us know.
Have a Great Weekend, and Happy Rent-to-Owning !
