Once in real estate, always in real estate?

Posted by    |    September 7th, 2010 at 8:43 am

The weather is cooling, school has started, and business is buzzing again. That can only mean one thing for North Texas’ commercial real estate industry:  the annual NTCAR Expo!

NTCAR (North Texas Commercial Association of Realtors) holds this event each fall to encourage networking, lead generation and communication among the area’s developers, building owners, brokers, contractors, architects, designers, engineers, researchers, financial advisors, economic development groups, real estate media and others.

The largest commercial real estate trade show in the Southwest, the NTCAR Expo boasts 2,000 attendees and more than 100 exhibitors.

For many like me, those who have been in the commercial real estate business in Dallas for many years, this event also serves as a family reunion of sorts.  It’s funny to me how small the real estate world really is as I run into people I worked with years ago who have moved on, but have stayed in the business.

Seems to me that “once in real estate, always in real estate” might be a nice theme for next year’s event.

Last night’s Expo was busier than I expected, considering the economy.  Yes, a couple of companies that had exhibits last year chose not to do so this year, but the crowd was heavy and energetic.  The give-aways and contests were heavily trafficked (thank goodness for the City of Rockwall for giving away free flip-flops – they come in handy at the end of the night when feet are throbbing).

Your registration fee of $10 got you a free hot buffet and carving station as well as access to a cash bar.

roast beef at carving station

But based on the number of exhibitors giving away free beer, wine and cocktails (including cosmopolitans, martinis, margaritas, and an unidentified frozen drink the color of Tennessee orange), I’m willing to wager that next year, the cash bars will disappear.