How to handle the coronavirus as a director of research
Hey guys. A month ago i joined a nationally affiliated brokerage shop as a director of research. I’m relatively experienced in the CRE world but haven’t experienced a recession, let alone a global pandemic. Given that I’m in a non revenue generating role, I’m wondering if anyone has tips for me. I don’t think I’m at immediate are risk of getting let go, but always something to think about. Would love to hear about how I could drive value in this tough time
[{"id": "fltoqwh", "text": "You should be collecting as much data you can, and start to try to find strong relationships with real estate.  I\u2019d be looking at how the China and Italy real estate markets performed, and make informed projections on how that could impact the US market.  \n\nId also keep an eye on vacancies, and absorption.  Right now a lot of deals are dying, or are in hold, how does that look for your firm\u2019s markets.  Absorption, deliveries, permits, what was the steady state before the lockdowns, and what is it now?  \n\nIf I was you, I would be looking to add value by getting as much information as possible, and updating the company.  You could also have one on one zoom meetings with each real estate person to see what they are seeing, consolidate that info, and update the company in an email.\n\nBottom line though, don\u2019t sit on your hands, and keep finding ways to add value.", "replies": [{"id": "fltsroq", "text": "This is a period of time where you plant, not harvest. Play your cards right now, get on the phone, make calls, stay busy and in a year from now you\u2019ll be crushing it.", "replies": [], "depth": 2}], "depth": 1}]