Richard Hibbits
Senior Vice President, NAI Tri Properties
Durham, NC 27703
Phone (919) 832-0594
Property Types
Land, Retail
Markets
Raleigh/Durham
Languages
English
Bio
Beginning in 1971 working as a carpenter during the day and selling houses at night until he sold enough houses to stop working as a carpenter, Richard gained experience in every facet of real estate: residential sales and construction, raw land sales, commercial development, commercial leasing, income property sales, management, syndication, dealing with “odd” or “problem” properties. His specific accomplishments include the development of over 900,000 square feet of commercial buildings and development of the 350-acre Weatherstone Planned Urban Development in Cary, North Carolina.
Before CoStar existed, Richard was a trailblazer in helping his clients make data-driven decisions. For 35 years he supervised data input and compiled statistics for his company’s annual real estate conference regularly attracting over 1,500 attendees. He built a proprietary database tool used to track commercial real estate prospects, giving the company a huge strategic advantage. Today, he mentors brokers, helping them to see the big picture and reminding them who the customer is.
Education
