Real Estate Quality Jump: Competition Drives Developer Commitment
Key Takeaways
Discusses the impact of competition on real estate quality with Leonard Teplin and Mike Bird
Original Description
Quality has lifted, and competition is the reason why.
Over the past five years, the standard of product entering the market has improved significantly, driven by developers needing to differentiate in a more competitive environment. Leonard Teplin, Director of Marshall White, joins Apartments.com.au CEO Mike Bird to reflect on how that shift is playing out across the industry.
With developers increasingly putting their name and reputation front and centre, delivering on promises has become critical, not just at completion, but well beyond it. In a tighter market, long-term accountability is becoming part of the product itself.
Watch the full conversation here https://youtu.be/-GI7x0w_a-0?si=uUb_xdaW-cM7TEBA
Do you think competition has permanently raised the baseline for project quality?
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