Tim Kane

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Public Information

Bio

Tim Kane is president of MBK Homes, the homebuilding division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co. Ltd., one of the world’s oldest and largest trading companies in the world. MBK Homes develops quality single-family homes and condominiums throughout California for both the entry-level and move-up markets, and is currently building projects in Riverside, San Bernardino, Los Angeles and Orange counties, as well as Sacramento.

History

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tim kane Blog Posts

February 2nd, 2012

In the real estate industry, a builder’s brand hasn’t always been considered important; while today there are large regional and national builders, many companies are smaller local operations, still home-grown businesses that are sometimes family-owned and operated. Both types of builder can still benefit from attention to their brand.

November 17th, 2011

Today, many resales are basically new. With the abundance of recent foreclosures and bank-owned properties, resales are no longer aging homes that may require updates, but are instead more like “lightly used” residences.

August 5th, 2011

It seems self-evident—of course delivering impeccable homes is a fundamental element of our customer satisfaction strategy. Initially, our directive internally was to “deliver perfect homes.” Ideally this would be true for every project, but perfection is an elusive goal.

July 11th, 2011

At MBK Homes, we’ve spent the past eight years on a systematic approach toward improving our customer satisfaction. We believe this effort provides demonstrable improvement in service across our business, although a key goal was specifically to increase our referencability with existing homebuyers.

June 20th, 2011

Results can help create a clear picture of the kind of job a builder is doing.

April 28th, 2011

The best referrals strategy is one that focuses on what can be controlled.

January 1st, 2010

According to RealtyTrac, the volume of bank-owned foreclosed properties (or REOs—real-estate owned properties) is on track to increase exponentially in 2009. The forecast is for 1.5 million REOs this year, compared to only about 160,000 in a normal year.