Monday, 11 December 2017

Top Technological Innovations Driving The Car Industry

With the rise of autonomous vehicles, expect the automobile industry to embrace more innovative digital and unconventional sales models in the coming future.

Manufacturers are keen on delivering the best automotive technology to consumers at a fair price point. This has led to increased strategic partnerships with external tech companies like Google, Apple, and Nvidia to accelerate and integrate software updates into their product roadmaps. TechCrunch reported that between 2011 and 2016, M&A transactions in the automotive space totaled over $220 billion.

Image source: phys.org

Distribution channels are changing fast as well, evidenced by big companies like Porsche and Cadillac going into their Porsche Passport and Cadillac Book program, respectively.

As increased online browsing becomes the norm among consumers, the demand for digital solutions among car companies has immensely increased. According to a 2016 survey released by CDK Global, 90 percent of car shoppers prefer beginning the buying process online rather than in-store. Dealerships will need to quickly adopt internet-driven technologies to accommodate new requests.

Image source: system-concepts.com

At the core of all automotive industry trends is the rise of autonomous and connected vehicles. Experts predict that as early as 2030, fully autonomous vehicles will become the predominant means of transport and travel for the masses. An estimated total of 10 million self-driving cars will be on the road by 2020 and the number of networked cars will rise 30 percent per year. By 2020, it’s seen that one in five cars will be connected to the internet.

Real estate developer Gene Bernshtam is also a member of the Ferrari Club of America (FCA) and is the secretary of state for the Lamborghini Club of America in Illinois. Gene has won many awards for participating in judged classic automotive concourses all over the country. For similar reads, check out this blog.




Wednesday, 22 November 2017

Big Data: How It Is Shaping The Real Estate Terrain

In the world of real estate, fast and accurate decision making has become a necessity, simply because companies and professionals cannot afford to not do so. They risk losing clients to competitors if they fail to provide what customers require at the earliest possible time.

Image source: feedster.com

Thankfully, data and analytics can help in this aspect. What was once a tool available only to giant companies is now readily accessible to smaller real estate players because of the development of personal computing power. 

The common advantage of big data in real estate is the precise prediction of risks and market trends. This can maximize one’s profits as not only said risks can be mitigated, it can also help companies and professionals in the industry realize more opportunities for success and growth. 

There are other ways data have transformed the real estate game. 

An example is the use of data in property appraisal or valuation. Producing accurate property prices based on years of information can improve a real estate company’s relationship with its buyers and investors, and even lenders because they can minimize losses due to faulty loans. 

Asset managers have also found themselves benefitting from big data because it helps them accomplish their tasks more effectively and perform their operations more efficiently. For instance, by collecting data, it would be easier to screen potential tenants and foster a relationship with them. Also, data have been used to reduce wastes and expenses in buildings and properties. 

Image source: memoori.com

Read more on what’s going on in the real estate industry by following this Gene Bernshtam Twitter page.

Tuesday, 7 November 2017

3 Kitchen Makeover Ideas by Gene Bernshtam

For real estate developer Gene Bernshtam, making improvements on your property is essential to keeping it marketable; even if you're not planning on selling it anytime soon. Simple makeovers can do wonders for its value, says Gene Bernshtam. And if recent buyer considerations are to continue, it appears that the kitchen is a critical deciding factor. Here, Gene shares three kitchen makeover ideas that can increase the home's value by a considerable percentage—from eight percent up to as much as 13%.
Image Source: Country Living Magazine 

Dual tones
Monochromes are out; dual tones are in. You can paint your kitchen cabinets in two different shades of the same color, or any combination of two colors that blend perfectly well. Paint the cabinet door in pale blue and the outer walls of the cabinet in a deeper shade of blue. For the overhead cupboards, you can paint these in a lighter or paler shade of any color that you choose, and then paint the counters in a deeper/darker shade. This gives the illusion of a wider space, says Gene Bernshtam.

Break down the walls
More homebuyers are opting for the wide, open space look; and often, they prefer the kitchen area flowing seamlessly into the living or dining room. According to Gene Bernshtam, homes with this type of layout sell faster too.

Walk-in Pantry
As more and more people are becoming health conscious, and being more careful about what they eat, they make use of their kitchens more frequently now. A walk-in pantry is becoming the norm these days in kitchen designs as home buyers want to have more storage space in the kitchen.
A good dining table setup is also essential. Home buyers look to the dining area as their intimate venue for at-home family bonding, so Gene Bernshtam advises to pay attention to your table and chair set up as well.

Thursday, 26 October 2017

A peek into interior design trends for 2018

Interior design trends in 2018 reflect a growing movement toward communities coming together, seeking harmony, and protecting the planet amid ongoing climate challenge. The ornate decorating ideas of years past are gone and replaced by practical, eco-friendly, and sustainable designs that jive well with the desire for modern and comfortable interiors. Here are some trends to watch in 2018.

Image source: EstLiving.com

Modern colors

In 2018, the stylish palette blends green and brown shades with secondary blue, white, black, dark red, soft orange, as well as deep yellow colors. They offer cozy, warm results that can be balanced out with sparking details such as gold or metal gray in some places. Copper and bronze also add warmth and style to modern interiors. 

Simple shapes and metal furniture 

Simplicity will be echoed in lines and shapes, where clean designs with slightly curved angles will reign supreme. There’s a touch of high-tech to the chic, as well as metal furniture dabbed with soft upholstery fabrics and woodwork.

Statement storage

But style won’t take a backseat to function this year with versatile storage pieces going beyond dining rooms for some creative placement around the house. 

Wabi-sabi

This term refers to the Japanese art of finding beauty in imperfection. This translates to handmade or handcrafted or painted items, such as rough linens and pottery, making their presence felt in home design. The aesthetic is nothing short of organic and deeply personal. 

Image source: Unicaterm.com

Gene Bernshtam currently leads commercial real estate investment and development firm Avalon Holdings LLC, which embraces a contemporary theme for its properties, paying close attention to their exterior and interior design. Learn more on this page.

Friday, 6 October 2017

Gene Bernshtam on Why He Prefers Contemporary Design

Gene Bernshtam is a real estate professional who has led his team at Avalon Holdings LLC through various real estate investments and developments projects. Their choice of design for their properties is contemporary style—not be mistaken or confused with modern design, says Gene Bernshtam. Modern design is usually focused on the minimalist approach—monochromes, simple furnishings, and sometimes, incorporating exposed steel into the overall interior theme.
Image Source: Hopping Green & Sams

For contemporary design, one of its most important key features is incorporating the outdoors into the indoors, says Gene Bernshtam. What this basically means is that the floor layout is usually that of an L or U shape to allow the outdoor space to naturally blend with the indoors. For an urban dwelling, this open floor layout gives the structure a more "breathable" ambiance—veering away from the oft-crowded atmosphere of city life.

In the opinion of Gene Bernshtam, contemporary design adds value to the property, increasing its marketability. Of course, there are other factors at play in terms of determining the value of a property, but having it designed in a style that feels warm and welcoming, and one with nature Gene Bernshtam adds, will give it an edge over others.

Other features of contemporary design are large windows, asymmetrical exteriors, flexible layout plan, use of sustainable materials (recycled or sourced from local producers), energy efficiency, and of course, allowing for natural light to come in.

There is not one overall theme in terms of colors, fixtures, and furniture styles. Anything goes, says Gene Bernshtam; and this is perhaps why he finds contemporary design exciting and appealing—you can feel the vibrant energy in every room of the property.
In future posts, Gene will share more of his knowledge and expertise on all things real estate so please watch out for those!

Saturday, 30 September 2017

Tips when looking for the best vintage car restorers

Keeping a classic car in showroom condition requires a lot of upkeep, so leaving it in capable hands is a must. Whether you are keen on restoration for nostalgia’s sake or competition purposes, there are various details to keep in mind to ensure that the job is done right. 

Image source: pinterest.com

Everything isn't as simple as it may seem in restoration projects, as these can include exterior, engine, and interior work. Vintage car restorers thus require a lot of skill and knowledge of classic automobiles. This is because a fact that people tend to take for granted is that they’re called classic cars because manufacturers are not making anymore. 

When on the lookout for experienced vintage car restorers, people need to get those who have a solid reputation with owners of other vintage cars. You can ask for references from previous customers, or study testimonials on the vintage car restorer's websites. Also, when talking to the car restorers, it is a smart idea to ask them for photos of their previous work. 

Regular mechanics often do not have the ability or knowledge needed to restore vintage automobiles; the work that vintage car restorers perform is very different. Vintage car restorers often need to make custom-made parts, and they use tools that are specially made for classic cars. 

A great way to find suitable vintage car restorers is to join classic car clubs available in your area. These clubs regularly hold vintage car shows and sometimes conduct tours. Another useful way is to locate qualified vintage car restorers online. Many of them have websites where vintage car owners can easily get in touch with them for various questions and concerns. 


Image source: ferrisautomotiverestorations.com

Outside of his work in the real estate industry, Gene Bernshtam enjoys collecting and restoring cars, traveling, scuba diving, and weightlifting. He has won many awards from participating in judged classic automotive concourses across the United States. For more on his work and interests, drop by this website.

Wednesday, 30 August 2017

A primer on the classic car condition ratings

Classic cars come in different states, restoration level, and modification, which made valuing them a bit of a challenge. But various rating systems have been developed to quantify the value of such vehicles. The following is a generic rating system that many classic car enthusiasts are using:

Image source: fthr.com

Excellent/Show Car (1): Considered the best in the world, classic cars rated “1” are also called “trailer queens” because they are typically transported aboard a trailer instead of by being driven. They are in near-perfect to perfect condition. 

Fine (2): These classic cars are those that have a very low mileage and have been meticulously maintained since they were bought or restored. It is only through a thorough inspection could nearly insignificant flaws or wear could be detected. 

Good (3): Well-maintained and with limited miles, “3”-rated classic cars have minor wear but are still completely operable. At first glance, these cars might seem faultless, but closer inspection would yield slight damages that have been caused by being driven around. However, “good” classic cars are hardly used for regular transportation. 

Fair (4): Classic cars rated “4” are driven on a regular basis. Their major parts still function completely with only minor repairs needed on key components. Classic cars restored by amateurs usually fall under this category. 

Restorable (5): Restorable classic cars may either be operable or not. Many components require restoration, but major components are still present, and the vehicle as a whole is still structurally sound. 

Parts (6): Classic cars with this rating are probably better off having their parts installed on another vehicle as most “6”-rated cars are not a viable candidate for restoration. 

Image source: countrycorvette.com

To read more about classic cars and restoration, subscribe to this Gene Bernshtam blog.