Tag Archives: Building Costs

Lease Renewal Analysis

Lease Renewal Analysis

Posted on 19. May, 2010 by Robert Albanese.

How much square footage do you really need? How many walk-ins do you get anymore?  The old math dictated that we allow 100 square feet per agent, but this has become less and less relevant and less and less practicable.  To the extent that you are running a “traditional office” with desks, your focus needs to [...]

Continue Reading

Effects of Reducing Office/Size Costs – Current vs. Future

Effects of Reducing Office/Size Costs – Current vs. Future

Posted on 21. Aug, 2009 by Robert Albanese.

Building expense is a formidable, recurring fixed cost for real estate organizations and the fact that office size increased dramatically between 1990 and 2005 only added to the severity of this situation. During the same period of time, real estate agents were becoming increasingly less and less attached to the idea of working in a [...]

Continue Reading