My company's outlook for CRE...

Submitted by m00nb00tz t3_10oi6ah in wallstreetbets

I actually like my job so I need to exlude a few details. My company is the most accurate mobile location analytics platform. Pretty much we can tell buisness everything they'd like to know about how people move around in their day to day. CRE have been using our software to be proactive to market trends and defend against rent reductions. Recently we have noticed more and more CRE are so confident they know they're market that they don't need data to support them and we're waisting resources trying to aquire them as customers. All of our data indicates real estate is about to take a massive hit in the next couple of months. Our new strategy is to wait for the agencies that refused to take a free demonstration to go into consideration. We have halted prospecting into brokerages already. Owner operators are next. Do with this anecdote whatever you like.

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VisualMod t1_j6eq2ar wrote

>This is interesting information. I did not know that mobile location data could be used to predict market trends. This seems like it could be valuable information for investors to have.

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MyPeePeeReversed t1_j6essup wrote

When you say massive, how much are you expecting to dropfor each major states texas/florida/california/new york?

You're talking in general terms with no specifics as to the data you have you know?

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DA2710 t1_j6f657h wrote

Ignore this. Shopping center owners block these guys sales calls the same way you block magazine telemarketers

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Ok_Manager3185 t1_j6g5umt wrote

Well, i mean, no one really wants to pay these prices still. I see berkshire hathaway signs everywhere, and they dont budge. They just hang with some dumb bitch's face smiling for months and months. It's gotta fall off to some sort of norm eventually

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VisualMod t1_j6eq1o3 wrote

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