6 questions for new Inman CEO Tim Smith

New York /
Aug.August 09, 2010 04:30 PM

Inman Ceo Tim Smith (courtesy Inman News)

Tim Smith was appointed the CEO of online real estate news source Inman News in April. Smith has spent decades in management, primarily in the media and events industries. He was most recently president of Upside Events, and in senior management roles with media companies Future US and 1105 Media. From 2001 to 2006, Smith was vice president at Fawcette Technical Publications, which publishes magazines and an online network of technical sites for information technology and development professionals. From 1991 until 1997 he served as senior director of global events for Oracle, a business software and hardware systems company.

Your background is not in real estate. What interested you in Inman?

The idea of bringing technology and real estate together was sort of fascinating to me. I wanted to merge the two. Working for [Inman News founder and Publisher] Brad Inman, a pioneer in the real estate industry, I want to be able to expand our operations throughout the U.S. and abroad and make it international. What I’m trying to do is bring a fresh approach to technology through the creation of new products.

How do you hope to accomplish that?
I want to take real estate agents from where they currently are and help them through technology like Facebook, or Salesforce.com [an online company service which distributes business software] and the iPad and iPhone. I want them to take the technological knowledge that everyone else has and to be able to integrate it in their work. Through our agent reboot course we try to teach them from start to finish in six hours how to become a better agent. The course also comes with a 30-day social media marketing plan.

What’s the most surprising thing you learned about the market?

It’s as bad off as people said, in terms of numbers of foreclosures and banks unwilling to loan.

What do you see as the direction of the residential real estate market?

It’s on the rebound, slowly but surely.

I think the future looks bright.

When do you think we can start to see improvement?

In eight to 12 months, if the banks open their coffers.

Where do you think the commercial real estate market is headed?

We don’t focus on that at all, since we specialize in the residential side, but I think it will fall before it rebounds.

 

Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
This former plantation in Virginia was purchase by an Air Force veteran who later found out his relatives had been enslaved there. (Google)
Air Force vet unknowingly buys home where his ancestors were enslaved
Air Force vet unknowingly buys home where his ancestors were enslaved
The Colorado Fire burns down toward the Bixby Bridge in Big Sur, California, early Saturday morning. (Photo by Karl Mondon/MediaNews Group/The Mercury News via Getty Images)
Wildfire near Big Sur sends hundreds fleeing
Wildfire near Big Sur sends hundreds fleeing
360 Kingsland Avenue in Greenpoint, Brooklyn (Google)
Sitex Group pays $30M for Greenpoint industrial property
Sitex Group pays $30M for Greenpoint industrial property
(Getty)
Intel investment in new Ohio chip plant could reach $100B
Intel investment in new Ohio chip plant could reach $100B
Et tu, Caravaggio? Roman home asking $534M gets zero bids at auction
Et tu, Caravaggio? Roman home asking $534M gets zero bids at auction
Et tu, Caravaggio? Roman home asking $534M gets zero bids at auction
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...