16B — September 29 - October 12, 2017 — 2017 NJ Governor’s Conference on Housing & Economic Development — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


2017 NJ G overnor ’ s C onference on H ousing & E conomic D evelopment Gains insight into the vacant property security concerns unique to each stakeholder DAWGS Survey: Steel is the preferred method to secure vacant property D Answer Choices Responses Wood board up 7.14% Plastic board up 7.14% Steel board up 85.71% AWGS has long pro- moted the benefits of steel over alterna-

bers, asset managers and sellers of vacant property to under- stand the issues they face when securing a vacant property in economically distressed areas. The survey also provided insight into the preferred method/ma- terial used to secure a vacant property in economically dis- tressed areas. The results of the survey did indeed validate DAWGS posi- tion that steel is the preferred material used by vacant prop- erty owners and managers to secure their properties. The survey also highlighted some of the concerns vacant prop-

erty stakeholders face. Brandon notes, “The survey validated what we have been promoting about the benefits of steel for strength, security and accessibility to vacant property. We also gained in- sight into the vacant property security concerns unique to each stakeholder.” Preferred Material to Secure Vacant Property The survey revealed that when securing property in economically distressed areas, hands down, steel is the pre- ferred material over plastic clear boarding and plywood:

agree - was that steel is their material of choice used to secure vacant properties. Steel was revealed as the best choice to mitigate the risks associated with securing vacant property in economically distressed neigh- borhoods. The top security concerns for the entire respondent base over- all were as follows: Percentage of respondents concerned about: Liability of fire or crime at property = 75% Copper theft from property = 71% Theft of materials from job site = 68% Squatters or drug use in property = 68% Realtor safety when showing property = 57% Perception of foreclosure’s impact on other property value = 50% Allowing passersby to look inside property while under construction = 50% For anyone who works with vacant property in economi- cally distressed areas, prop- erty managers, asset manag- ers, rehabbers or realtors, the material used to secure and protect their property inter- ests really does matters. It is clear from the DAWGS vacant property survey that steel is the material of choice. Since 2009, the engineers and real estate pros at DAW- GS have been revolutionizing the building security industry, one window at a time. As a leader in Vacant Property Security, our impenetrable, proprietary door and window guards are uniquely designed to prevent theft, vandalism, and occupation. This is possible because of our one-of-a-kind bracing design sys- tem, which effectively eliminates the risk of tampering. Installed by our highly responsive, flex- ible labor crews, DAWGS stay firmly in place with virtually no risk of being compromised. Our skilled technicians are available on short notice to take down and reinstall guards whenever you need, making security more convenient than ever before. DAWGS manufactures and rents attractive steel panels (Door and Window Guards) used to cover door and window openings on vacant buildings. Our guards provide security to property owners and neigh- borhoods from the many prob- lems associated with vacant property. n

tive materi- als when it comes to se- curing vacant property. To validate this claim, Bran- don Buhai, VP of Marketing a t DAWGS

Vacant Property Security Concerns

The top vacant property se- curity concerns were different for realtors, for owners and for investors. Realtors top concern was safety when showing a prop- erty. For rehabbers, the main concern was theft of materials or tools from the jobsite. Inves- tors and asset managers were concerned about the liability of fire or crime at the property. Where all respondents did

Brandon Buhai

(Door and Window Guard Sys- tems) conducted a survey about vacant property security. The goal of the survey was to poll investors, owners, rehab-

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