Susan Greenfield, a top real estate agent at Brown Harris Stevens, was named World Vice President-Elect of the International Real Estate Federation (FIABCI). An active member of FIABCI for 40 years, Greenfield has held several leadership positions including serving as the President of FIABCI-USA in 2017 as well as the president of the New York Council on three separate occasions. Greenfield began her real estate career in 1971 and was soon ranked among the top three percent of all real estate professionals nationally in her company. She spent a decade at Merrill Lynch Realty in the corporate HQ as VP of International Marketing & Sales for 480 Real Estate offices and 10,000 real estate agents across the USA.
Emmanuel Okas Wike, NIESV President
As businesses begin to emerge from the COVID-19 crisis, many of those whose operations were significantly impaired are facing rent defaults, which piled up while they were temporarily closed.
Similarly, residential tenants in the highbrow and high-density areas that suffered setback in their businesses or got laid-off by their employees are also having hard times in paying their rents. Artisans and self-employed individuals are also affected.
These have prompted property owners to make hard choices on the type of tenants to be assigned their property by adopting diligent standards. Some of the landlords have to deal with their own mortgage obligations and defaults, which similarly accrued during the pandemic.
‘WFH not influencing property buys’ Bernamapix
PETALING JAYA: The trend of buying properties on the outskirts of towns and cities is not new and the current uptick in sales may be influenced by factors other than the work-from-home (WFH) concept, property experts said.
President of the Association of Valuers and Property Consultants in Private Practice, Michael Kong, said the trend was prevalent even before the Covid-19 pandemic.
“I do not believe it is due to movement restrictions and the WFH culture,” he told
theSun.
“WFH may be a temporary phenomenon due to the pandemic and when things return to normal, I expect the working environment to also return to normalcy, albeit at a reduced pace. Humans are by nature social creatures and need interaction, exchange of ideas and direct communication.”