Commercial & Residential Real Estate Trends in Vancouver (with Falisha Saggu) // The Exchange #032

The Exchange with Sunil Prasad

Little bit of a different approach for today's episode - a while back Sunil had a meeting with commercial realtor Falisha Saggu and discussed the state of the industry & market in Vancouver; methods to targeting a specific clientele; the onset of Real Estate Investment Trusts (REITs) and how they are impacting business; and finding other ways to invest your money outside of traditional real estate.

This is more of a backseat perspective on what a standard meeting/connection might look like on a typical day for Sunil - with some added value for you viewers :)
Thanks for the chat Falisha!
IG: @falishasaggu
Timestamps:
00:22 - Quick background on Falisha's career and traditional corporate structures.
02:40 - Falisha's long-term plan in the real estate industry (real estate investing vs. business development) + other business goals
05:09 - Merging a mortgage business with social media agency, young social media marketers, and finding the right staff to help grow your business.
07:05 - Investing in commercial real estate as an entrepreneur or healthcare professional vs. leasing + finding the right clientele as a realtor.
10:48 - Evolution of REETS and sharing style economy and varying investing strategies in real estate.
13:04 - When real estate is a good investment, the short-term nature of today's workforce, & shifting corporate culture
16:08 - Development of Vancouver and the surrounding areas & Vancouver's lack of business drive
17:26 - The way REITs are evolving and trending.
19:35 - Discussing Facebook ads and their effectiveness.
21:45 - Mortgage investment strategies.
24:08 - Understanding safe real estate investments & knowing when to buy/sell based on market trends.
28:13 - Cutting out negative clients from the get go & living on purpose.
29:58 - Putting an onus on time management & discussing values worth learning and teaching.