CCIM Feature
CCIM Connections
Experience Matters
Experience is often
the foundation upon which success is built. For Dave Liniger, chairman and
co-founder of Re/Max LLC in Denver, a yearlong recovery from a life-threatening
illness allowed him to draw on the vision, determination, and experience of
establishing one of the world’s most successful real estate brokerage companies
in 1973. His miraculous road to recovery inspired Liniger to write the book, My Next Step: An
Extraordinary Journey of Healing and Hope, a memoir
created to “inspire others facing similar difficult challenges in their lives,”
he says.
“Like those in the residential
field, many commercial professionals have faced some very difficult challenges
over the last few years,” Liniger adds. While he believes the cycle is not
quite complete, the worst is over and recovery is taking hold.
As one of the industry’s
most prominent voices for housing reform, Liniger sees the positive momentum in
the single-family home sector fueling activity in the commercial markets. In
addition to economic and GDP gains, demographic shifts bode well for commercial
real estate’s resurgence. “As the millennial generation comes of home-buying
age, they will have an influence in many ways. Many of these young people want
to be where the action is, so they are renting and buying in urban areas. This
is already increasing demand for apartments and condos in many central business
districts,” Liniger says. “It’s also changing the way many new developments are
being designed, and where residential goes retail will quickly follow.”
An influx of inbound
investment is another positive trend, Liniger notes. “Global investors see the
U.S. as a stable, safe haven with the prospect for long-term appreciation.”
These factors combined are contributing to Re/Max’s strong commitment to
growing its brokerage business, he adds.
“The new
challenge is adapting to the new economic environment and discovering the tools
and resources that will make us successful,” Liniger says. As he so keenly
knows from his personal road to recovery, “The past is behind us. An entirely
new world of opportunity is on our doorstep.”
Dave Liniger will share his insights on the commercial real estate market's recovery during his keynote address at the 2013 CCIM Live! conference in Denver Oct. 25-26.