Russian visitors study local economy

An orientation of Los Alamos, its unique economy and the economy of the United States jump-started a week-long stay of four visitors from Sarov, Russia, Nov. 10-17. Accompanied by two interpreters, the group met with civic and community leaders and attended a Real Estate and Construction Business Panel Nov. 13.“We’re giving them good slices of businesses here and we’re having a good exchange of business ideas here and in Sarov,” said Kevin Holsapple, executive director of Los Alamos Commerce and Development Corporation.Real estate developer Roger Waterman, Realtor David Horpedahl of Los Alamos Properties and home builder Stan Primak briefed the Russian delegation on typical aspects of their businesses.Waterman divided his business into eight steps. “Imagine some form of real estate,” he said. “The first step is the idea or opportunity - identifying a hole or need in the market.”Next, real estate investments involve a great deal of money so market assessment is very important, he said. Risk assessment is third. “The wrong investment could end your business,” he advised the men.

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