Episode 4
The Role of Community in Real Estate Success with Tom Harrigan
Mike Rohr and Jeremy Doering sit down with Tom Harrigan, Village Manager of Elm Grove, to talk about the powerful role community engagement plays in real estate. The discussion begins by focusing on the current real estate trends, including pricing strategies, and the anticipated slowdown in the housing market.
They stress the importance of staying informed about market shifts and investment opportunities. Tom brings his rich background in municipal management and shares how his unique approach has transformed Elm Grove into a sought-after locale.
Could understanding these community elements be the missing piece in your real estate investment puzzle? Tune in to learn actionable insights and discover how community dynamics can boost property values and keep residents happy long-term. This episode is a must-listen for anyone interested in real estate and community development.
Episode Highlights:
10:28 - I think you referenced that it's super important for people who are looking to sell to manage their expectations. It's important for them to talk to a lot of people and ask questions. Because, as you referenced, there are houses out there that may be sitting on the market because they're overpriced.
11:18 - Milwaukee is a little hidden gem. I feel like more jobs are being created, and there's more manufacturing. We've got Amazon and Microsoft coming in. I feel like Milwaukee is a safe haven. The Milwaukee metropolitan area, and these areas like Elmbrook and Elm Grove, has high desirability. I feel like the Elmbrook area is kind of a safety net.
22:36 - Elm Grove is a very special community. My family lives on the north side of Milwaukee, and I have about a 30-minute commute, but that's nothing compared to the opportunity to work for the village, the families, and the organizations there. The sense of community is so strong. I've never told my colleagues this face to face, but I feel very lucky. I can't say it enough—it really is a special place. Other managers who worked in this capacity in Elm Grove have told me it was always their favorite position, even after moving on to other places. So, I feel good to be holding tight at the moment.
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