SelectLeaders Job Network’s “2020 Real Estate Hiring Trend Survey Results”, our industry’s collective wisdom on the year ahead, will be published later this week and soon available from our partner Professional Associations. However, the most intriguing finding for us is not being published. This was the first year we asked for our respondent’s level of experience in real estate. We have wondered whether the Global Financial Crisis, which stopped all but essential hiring from 2009 to 2013, when financing returned, was being felt today by employers looking for talent with 7 to 10 years of experience. The data is not conclusive, but trending toward a significant shortage of talent in the 7-to-10-year experience level. Talking with candidates we know anecdotally employers have hired younger, and older, to bridge the gap, and debunks the theory that employers only hire younger as a cost savings. This year’s perspectives from Candidates, Employer’s, Hiring Mangers, and Executives on 2020 forecast another fascinating year ahead for our industry.
About the SelectLeaders Job Barometer
The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.
About the SelectLeaders Real Estate Job Network
SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC