May 21, 2022

Hiring Remains Challenging in 2022

Although it has fallen out of the headlines, hiring remains challenging for many firms in 2022. A recent survey by GoodTime shows that nearly half of firms did not meet their hiring goals in 2021. The headwinds cited by the survey included increased demand for talent, increased selectivity by job seekers as well as a lack of qualified candidates. Changes in the Hiring Process Many of the in-office benefits which were touted before the pandemic […]
April 17, 2022

Multifamily Market Strong But Slowing

The national multifamily market remails strong but is showing signs of slowing according to the latest Yardi Matrix report. Although rent growth remained positive in March, its rate of growth is decelerating after the extraordinary rate of 2021. Most of the rent growth for 2021 started in the second quarter, meaning that going forward the year-over-year growth will likely be reduced although apartment rents will continue their trajectory. Household Growth Moderates Although the numbers are […]
March 26, 2022

Measuring the Quality of Hire

In the rush to hire, you might not be thinking about how to measure the quality of hire; however, this key performance indicator is a critical way to measure your recruiting and hiring practices. Assessing how your hires work out can hep you figure out the places your recruitment strategy might need work. Bad hires are not only bad for business, they are very common. One Robert Half survey estimated that three in four managers […]
March 13, 2022

Traits of Top Financial Anaysts

Financial Analysts are a critical piece of any real estate investment team and the best ones share a few critical traits. These traits go beyond understanding the relevant numbers too. Aware of Market Trends Financial Analysts help with underwriting and modeling the performance of a multifamily or other commercial property as an investment. Although many of their assumptions will change, based on the property and local conditions, some of the factors are at the macro […]
February 18, 2022

Advantages of Hiring a Recruiter

Hiring a recruiter can be a real advantage for your commercial real estate firm as it competes for talent. Our team of recruiters have an in-depth knowledge of the commercial real estate market. We have worked with multifamily and commercial firms across the country. We help our clients hire talented candidates for every level of their organizations. This expertise helps Real Estate Executive Search provide superior service to our clients. Below are a few other […]
February 12, 2022

Hiring Too Slow is Costly

Taking to long to make a hiring decision can cost your company talented employees. As you have probably heard, a record number of people quit their jobs at the end of 2021. Hiring will probably remain tight in 2022, with many companies pursuing the same talented candidates. Despite this urgency, many companies take up to two months to decide to hire a candidate. A Robert Half survey showed that 62% of candidates lose interest if […]
January 30, 2022

Key Questions to Improve Employee Retention

Improving employee retention may seem like a daunting challenge to both employers and managers. After all, the only place most companies find out how they could have improved retention is during an exit interview, as an employee is already moving on to a new job. Gallup research shows 70% of the variation in employee engagement is solely due to the manager. The key drivers of employee retention and engagement are development, a caring manager, ongoing […]
December 8, 2021

Commercial Real Estate’s Talent War

Commercial real estate is facing a talent war. Like many other industries with skilled workers, the industry is feeling the impact of the last two years in high levels of resignations and increased compensation. A new Deloite survey highlights the challenges in the talent war. “As the CRE industry develops long-term return-to-work strategies, flexible working arrangements, organizational purpose and demand for technology skills will shape the talent landscape.” Companies that address these issues will have […]
November 11, 2021

Hiring During the Great Resignation

Hiring during the Great Resignation has presented recruiters across the real estate industry with a new challenge. It has highlighted the importance of hiring the right candidate. Employees have also become aware for many more roles throughout the industry. If you are looking for ideas to improve your hiring during the Great Resignation, we have a few suggestions. Expand your hiring pipeline Expanding your hiring pipeline is a great way to find the right candidate […]