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Doug Rothschild on Last Week's Poll

'A company like ours ends up gaining credibility and exposure with our clients.'

By Carl Cronan | Updated on May 23, 2008

A 43% majority of respondents to last week’s Quick Poll specified that the ongoing economic downturn has not impacted turnover, while another 32% indicated that it has had tremendous impact. Another 26% implied that they were looking for a new job for themselves. Doug Rothschild, managing principal of Tampa-based CLW Real Estate Services Group, works with national corporations and sees another favorable outcome to yet another downturn:

“The economic downturn has not affected us as far as employment. This is the third downturn that I’ve been through in the commercial real estate business and I can tell you when you’re in a service business as we are, where we represent corporate clients, a company like ours ends up gaining credibility and exposure with our clients.

“When things are going very well, companies tend to treat real estate services like a commodity. It’s all about speed and they don’t really care about price or the quality of the job that’s being done. But when we have an economic downturn, those same companies tend to focus much more on the cost of and quality of their real estate.

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