Weekly Insider's Perspective - JOB BLAST email


"One of the most talked about emails in commercial real estate."

About the Author:

Susan Phillips, CEO of SelectLeaders, shares our Insider's Perspective on our industry's hiring activity and trends to over 75,000 real estate professionals. View 7- 10 of the most intriguing, breaking jobs from premier employers posted on the industry's first, and only, Job Network of 12 websites. Keep up with changes in the industry. Don't miss who is hiring and for what positions!

Articles

  1. Disaster Relief­­­­

    Hurricanes Harvey and Irma dented the September Jobs Report, despite the Labor Department reporting that unemployment fell to a 16 year low of 4.2 percent. Economist agree the job losses were due to the disruptions from the hurricanes, not underlying weakness ...

  2. No Distractions

    Warren Buffet, warned CNN's Poppy Harlow, "There are two things money can't buy - love and time. How do you make time for those you love? This is the advice I received from a New York advertising icon, "The secret to success is to have your plate out when ...

  3. Compete or Create

    Our retail tenant colleagues were under fire, again, in a recent CNBC Squawk Box interview for “blaming Amazon when they haven’t changed in 30 years.” The advice: “you have to do more than compete with the other guys, you have to create” (new experiences, ...

  4. Disaster Hires

    As disasters increase geometrically, will hurricanes and other disasters be factored into projections? The Manufactured Home industry predicts no manufactured homes will be available for 6 months, because of the demand in Texas and Florida. Construction ...

  5. When Will Comp Rise

    We always say compensation is not the primary reason to switch jobs, before compensation and inflation stayed this soft for this long. Why is compensation not rising along with increasing employment? It is the same question Janet Yellen and the Federal Reserve ...

  6. Problems and Solutions

    Problems or Solutions Picking up the Irish newspapers, there was one mention of America's 'Tax-Reform Push', otherwise we were on vacation from endless politics. Page one: an article on McGregor losing with "dignity" (remember when dignity was revered?) ...

  7. 3 Little Pigs

    Rising construction costs, have caused the number of multifamily units built using wood framing to more than double in 2016, Realtor Mag reports. Considered safe once construction is completed, wood framing can be vulnerable to fires before interior wallboard ...

  8. Real Estate’s Plan

    Since many of our colleagues were tapped to provide their expertise, the signing of yesterday’s one trillion-dollar Infrastructure Executive Order is significant. The plan puts the environment first, “If a project doesn’t meet environmental safeguards, we ...

  9. Reenergized

    Our annual survey revealed, only 1/3 of our industry took their entire vacation, and 35% of real estate professionals took less than half of their vacation time back in 2014. With the pace of business increasing as fast as the amount of data, at least anecdotally, ...

  10. Death by Amazon

    No investor has as much money in Amazon as its founder, Jeff Bezos. Since its inception the company pays no dividends, but just plows cash back into the company’s core. Returns? $83,00 if you invested $1,000 in Amazon in July 2002 compared to $4,100 for the ...

  11. 12 Hour Home Sales

    All cash, no inspection, signed contract 12 hours after the home goes on the market - Wall Street REIT’s have moved to the suburbs. Wall Street’s big investors have spent about $40 Billion buying 200,000 homes, renovating them, and building rental-management ...

  12. Retail Therapy

    The new advocates of public drinking on city streets are not the Spring Break crowd, but our industry's own Property Developers. The party has spilled over to City Center's from Duluth, GA and Alabama to Iowa City, Iowa and Texas as downtowns throughout the ...

  13. Stalemate

    The U.S. has added jobs for an 81 month stretch starting in 2010. Unemployment hit a 16-month low, in May. But as the WSJ Sunday headline confirmed, “Jobs Grow, but Wages Stay Stuck.” The last time the Real Estate industry faced a talent shortage at this ...

  14. Tech Magnate

    75% of venture capital goes to just 3 states, California, New York and Massachusetts, according to the National Venture Capital Association. The Midwest reaps less than 5% of this life blood that fuels tech development and feeds the entrepreneurs who lead ...

  15. Failure

    ‘Rookies’ were always told, “First you learn to fall.” Before helicopter parenting caused a generation to rarely, if ever, face losing, with trophies awarded to everyone who shows up. The NYT reports millennials make it to college never having coped with ...

  16. Disruptor

    Wednesday, we wrote that Whole Foods Board activists were pushing to bring on a real estate focused CFO team. Thursday, the WSJ reported, “Amazon Set to Devour Whole Foods”. Will real estate experience be needed in Amazon’s online world? Jeff Bezos has managed ...

  17. Worst Job to Fill

    The worst job to fill just got worse. Our Property Accountants and Real Estate Accountants are under siege by other industries. Requests for CFO teams who have a track record dealing with Board of Director Activists are rising by 25%, reports the WSJ. What ...

  18. PPP POWER

    Powerful news for our industry and for many who remain under or unemployed in America, the Infrastructure Plan, dubbed “A Businessman’s Model” is now front and center. The proposed Plan will be in part privately financed but encouraged by tax credits and supported ...

  19. A Toxic Culture

    Are you in a toxic culture? Toxic companies fire and hire without giving it a second thought. Employees receive minimal training nor are aware of official company policies. AP’s Eric Risberg reports two of Wells Fargo’s key values are “ethics” and “what’s ...

  20. Missing

    The Heartland, or at least Minnesota, is leaving no stone unturned. The job market is at full capacity, meaning one job for every applicant. By mid-2018 there will be more jobs than people looking for them. Minnesota’s well educated and trained workforce ...

  21. Fear Factor

    CNBC Squawk Box reported the Fear Factor is at its lowest ever, as investors continue to push the markets higher. Data tells what was, but the litmus test of the economy is Sam Zell, AKA "The Grave Dancer" wrote a book. SelectLeaders Founder, Tony LoPinto, ...

  22. Hiring Gets Harder

    If you are an employer the best year for real estate hiring was 2014. The real estate job market took longer to recover from the Global Financial Crisis than many industries but in 2014 financing and job opportunities finally broke loose, and it took only ...

  23. Dog Years

    This Sunday's NYT asked, "Job Losses and Store Closings are so rapid, it's measured in 'dog years' – Is Retail at a Historic Tipping Point?" 89,000 Americans working in General Merchandise have been laid off since October, which is more people than are in ...

  24. Passive Resistance

    Robert Sapolsky reported in Sunday’s NYT on “The Brain Science of Conformity.” When a researcher planted a group of people who unanimously picked the most glaringly wrong answer to a simple question, such as which of the lines drawn on a paper is the longest, ...

  25. Ironic

    At the very same time we were reviewing our new Privacy Policy, Congress passed theirs. Ours is for the launch of our new updated website. It preserves your right to keep your resume information private by checking a box when you register. We do NOT recommend ...

  26. Gen Z

    Born after 1995, Generation Z has entered the Job Market. Compared to Millennials taught, by Baby Boomer parents, if everyone pitches in everyone wins, these are the children of agnsty Generation X, called “the latchkey generation,” because they grew up amidst ...

  27. Pace Quickens

    What kinds of jobs encourage people to stay in the workforce? Boston College reported to the WSJ, voluntary late career job switches hold the key to keeping Americans toiling away, many working happily at age 65. The study finds, "The most common reason for ...

  28. Like a Lion

    March 2017 hiring is coming in like a lion. Half way through March, opportunities are up 39% compared to the same period in January of this year. Hiring burst open by the second half of January, and continues steadily. March is up 5%, compared to the first ...

  29. AI HR

    WSJ reports the navigation app technology, which enables us to find the most efficient route, promises to transform how we look for job candidates, and motivate and retain the best employees. Resume Matcher software reads Wikipedia to understand job descriptions, ...

  30. Litigious

    The future of walking the “sublime Irish countryside,” a huge tourist draw allowed because of the “goodwill of landowners, most of whom are small farmers,” could hold the answer for saving healthcare. A wee story in The Week reported that a tourist, Teresa ...

  31. 5.5 Million Jobs

    According to “Quartz,” The biggest economic issue facing America is not job creation … but closing the skills gap and retraining workers who have been displaced by automation. The total job openings were 5.5 million in Dec. 2016, up from a mere 100,000 the ...

  32. 2017 Hospitality

    We booked rooms at the best Historic Hotel Restoration of a Train Depot, ever, replete with tracks turned into skating lanes, easy chairs circling the fireplace bar. Instead we were greeted with a renovation of the hotel into Early IKEA mixed with Late Marriot. ...

  33. Permatemps

    Reality testing of the ‘Gig Economy’ is occurring throughout Europe. Over 50% of all new jobs created in the European Union since 2010 are Temporary, paying on average of 19 percent less. The Temps include doctors, research analysts, nanotechnologists substantial ...

  34. Leadership Pipeline

    The quest for greater compensation came in almost dead last as a reason to leave one’s job for 73% of professionals. The primary reason professionals seek new jobs in 2017 is to find a more challenging position, according to a new global survey from Korn/Ferry. ...

  35. CRE Comp Rises

    SelectLeaders Network 2017 Hiring Trends Survey Report shows our industry running lean coming into 2017. Last year, 50% reported their company’s hiring remained the same, or decreased (22%), while the war for talent pushed compensation higher. How high will ...

  36. Longer-term Hires

    SelectLeaders is acknowledged for more qualified, longer-term hires, so despite the fact this New Year brought some of the best jobs I personally have seen on our Real Estate Job Network, remember why our hires move to the top. They stay put as long as they ...

  37. The Year of the Millennial

    Last night, the President’s Farewell Speech lauded millennials. “You know that constant change is not something to fear … you’ll soon outnumber us, and I believe as a result the future is in good hands.” “The Real Deal” did an excellent summary of how millennials ...

  38. Fear

    I never will forget the headlines on the first business day of 2016, “Worst Year Ever”. For the entire “election year” hiring remained connected at the hip to consumer confidence levels, which swung directly in proportion to the negativity level of campaign ...

  39. 100%

    ‘Tis the season to determine if you are ready to give your organization 100% in the year ahead. In December, we ask for our employees’ career goals for the year ahead. What new challenges they want? What achievements and compensation goals they have for 2017? ...

  40. New Middle Age

    Italy's Emma Morano, the world's oldest living person, marked her 117th birthday Tuesday. President Trump, at 70, is our oldest President, ever. Wilbur Ross, the new Commerce Secretary, is 78. Is 60 about to become “The New 40: Middle-Age”? Emma in Italy ...

  41. Thanksgiving

    I was told that you become like the five people you listen to the most. For a while now, it seemed those five were the pundits and politicians spewing negativity 24/7. I am thankful the election is over and we are back to planning positively for the New ...

  42. Election Economy

    Wall Street bonuses are projected to be from 5 to 10 percent lower this year, reports Johnson Associates in the NYT DealBook. How will the Real Estate industry fare? At the beginning of 2016, “SelectLeaders Hiring Trend Survey” reported 70% of our industry ...

  43. Compensation Rises

    What will 2017 bring? The just released 2016 SelectLeaders Network Job Barometer Q3 Update charted a data pattern unseen since 2007. For the first time since the Global Financial Crisis, rather than jobs and applications increasing neck and neck, a gaping ...

  44. Throw-Away Economy

    The secret to success, or at least until now, has been the ability to create superior products. The recent WSJ article, “A Year in, P&G CEO David Taylor Holds Fast to Company’s Historic Strengths” pointed to the quick ascent of Dollar Shave Club and upstart ...

  45. Men without Work

    In 2015, U.S. males, ages 25 to 54, had the lowest labor force participation rate of all comparable countries such as France, Germany, Canada and the UK. According to the US Labor Department, 3 million American men in their prime working years, age 25 to 54, ...

  46. Who do you trust?

    Coming from Northern Minnesota’s boundary waters area and arriving for my first job in NYC, I quickly noted everyone was quicker, slicker, sharper dressed and richer. I thought, what’s missing? Trust. No one seemed to trust anyone. Not from any inherent qualities, ...

  47. Building Bridges

    A year before the economic collapse, on August 1, 2007, I crossed the Mississippi River bridge on my way to the Minneapolis Airport. I thought I felt shaking but figured it was the trucks working on the other side of the bridge. Arriving in New York I got ...

  48. Hiring Losers

    In college, I arranged my class schedule to never miss “Ladies Day at Wrigley Field,” undaunted by the “Cursed Century” (the Cubs haven’t won a World Series since 1908). Moved to NewYork and left the Cubs behind, but in 2009, the same year I took over SelectLeaders, ...

  49. Data Bust

    SelectLeaders used to discuss what our clients want most, how to improve customer service, how to help people find the perfect job, but for months now all we discuss is data. This week the truth came out. Our technology to analyze data is light years ahead ...

  50. SelectLeaders Real Estate Job Network – 2.5% Pay Increase

    Our Founder, Tony LoPinto, who can now be found heading up the New York office of Korn/Ferry International, sent us a just published compensation analysis from their newly acquired Hay Group. The good news: their ‘Salary Forecast Study’ found that workers ...

  51. New Beginnings

    There's a feeling in the air in September of new beginnings. New school year, Broadway season, and for us a new Graduate School Intern, whom we are hiring using a free internship posting on SelectLeaders Job Network, where intern job postings are always free. ...

  52. August Shivers

    The 2016 mid-year update for real estate hiring on the SelectLeaders Real Estate Job Network mirrored the total U.S. Employment Reports, Conference Board Leading Economic Indicators Index, and the S&P 500 with 2016 hiring in the first two quarters higher than ...

  53. Robo-Recruiting

    Cigna, Goldman Sachs, IBM, and Yale School of Management MBA program are an impressive list that uses video Interview software to conduct first interviews with applicants. But how far should robo-recruiting go? A software engineer hired by IBM last year, had ...

  54. Why Leave

    63% of full time employees are looking for a new job. Interestingly, 71% of Millennials, 66% of Gen Xers and 44% of Baby Boomers are considering migrating to a new industry, according to a new report from iCIMS just released by Hunt Scanlon. To attract the ...

  55. The Unknown

    We wondered what you would say today if we asked you the same question we asked you at the end of December, 2015: Will the Presidential race and election affect your company's business in 2016? At that time, 74% reported that the Presidential race and election ...

  56. Year over Year

    Just saw the movie “Whiskey Tango Foxtrot” with Tina Fey’s great line, “In New York I’d be a 6, here I’m a 9; you must be a 15.” I think a 15 is the perfect description for the Millennials who are getting cut during Earnings Season, especially by the big ...

  57. 1,000 Opportunities

    July and August are usually the armpit for real estate hiring, but not in 2016. Today, the SelectLeaders Real Estate Job Network hovers at 1,000 significant job opportunities available on the website, at all levels. Employers took a wait and see attitude ...

  58. It’s Your Time

    In the spirit of Independence Day week, free up some time. Adam Goldstein, President and COO of Royal Caribbean, for 12 years kept important work and personal events in an Excel file to get a quick view of whether he’s too busy, or has time for what he believes ...

  59. Hiring Period Increases

    If you want a job before the New Year, apply now, or as "Forbes" put it, " Why it's Stupid to Stop Your a Job Search for the Summer." Our premier employers currently have nearly 1,000 professional real estate jobs on the SelectLeaders Real Estate Job Network. ...

  60. How Are You Crazy

    The "New York Times" Sunday Review "Why You Will Marry the Wrong Person" could read, "Why You Will Choose the Wrong Job." The premise is "people (and companies) seem normal only to those who don't know them very well." So the first thing you need to ask ...

  61. Leader in Hiring

    For years New York and California ran neck and neck in real estate hiring. Today California holds the lead. Why? California invested heavily in infrastructure and it’s paying off in LA with adaptive reuse of abandoned department stores and office buildings. ...

  62. Doomers and Gloomers

    SelectLeaders Job Network Founder, Tony LoPinto, warned us yesterday in his Executive Watch column on GlobeSt.com, if Britain pulls out of the European Union it could spark a downturn. Is hiring holding up? Tony says, “Based on the (C-Suite) level of recruiting ...

  63. Thrive

    The newest HR offering “Me Time,” days off to help employees thrive or at least reduce stress and restore energy, should not be confused with Personal Days where you go to the dentist etc. Think instead of them as “Mastery Experiences” that challenge people ...

  64. The Future

    Employers expect to hire 5.2% more graduate this year than in 2015, but according to NACE, which tracks college, this is down from last fall when companies on average predicted they would increase college hiring by 11%. However, entry-level pay is going up ...

  65. Best Companies

    Chosen for being the “Champions of Corporate Culture,” Forbes 2016 “Best Companies to Work For” list includes views on corporate culture by the leaders of the chosen companies. EY Chairman, Steve Howe, suggests everyone must understand why their company exists ...

  66. Lifetime Earnings

    We have started updating SelectLeaders Real Estate School List of programs offering degrees in real estate. While universities often provide graduation rates and average starting salaries, the real question students need to consider is, “What do you expect ...

  67. Good Jobs, Goodbye

    When All of the politicians All of the time agree and Bernie Sanders, Donald Trump, and Obama are all on the same page, it's going to affect the Real Estate industry. Foreign tax inversion as tax dodge (to escape the 39% US corporate tax rate versus on average ...

  68. A Remote Boss

    As an online company, we rarely work face-to-face with YOU - "our bosses" - our clients who hire, or develop their careers, using the Selectleaders Real Estate Job Network. The tricks of the trade to successfully work and Win Over a Remote Boss was featured ...

  69. Transactional Experience

    "Keep your resume to one-page, but include a separate 'Transactional Experience' list," recommends Anthony LoPinto, Founder of SelectLeaders, and Global Real Estate Sector Leader at KornFerry International, the world's largest Executive Search Firm. "List ...

  70. Anxiety

    February 2016 saw more jobs posted on the SelectLeaders Real Estate Job Network than in January, which mirrors the February Labor Department Jobs Report, which last Friday caused President Obama to celebrate at the White House. However February, 2016 did not ...

  71. The MBA Shift

    Only 41% of Fortune 100 CEO’s have an MBA today. But 92% of employers planned to hire an MBA in 2015. Alternatives to an MBA - master degrees in specialized niches such as Real Estate - rose 58% between 2007 and 2014. Is getting a graduate business degree ...

  72. Older Women Transform U.S. Job Market

    Since the past recession started in December 2007, the share of older women in the U.S. Job Market has grown, while the percentage of every other category of U.S. worker—by gender and age—is flat or declined. The Wall Street Journal reported, “By 2024, nearly ...

  73. Can America Work

    "Atlantic Magazine" conducted a 3-year 54,000 mile journey to determine, "Can America be put back together?" It revealed reinvention and renewal in second and third tier cities that they conclude proves "the economic and cultural resilience of the United States". ...

  74. SelectLeaders Real Estate Job Board – A Pace Not Seen in Years

    More than 8,000 rental units are coming on the market across New York City at a pace not seen in years, yet at a time of some weakness in the market. In the process, these new building are redefining what rental housing is, according to this Sunday’s New York ...

  75. SelectLeaders Real Estate Job Network - Tough Customer

    In January, proceed with caution was the word on the street, and yellow lights were flashing at every corner. “The worse January ever” for the stock market made everyone more cautious, including job seekers. In January, 2016, it took 29 clicks on a job to ...

  76. Macro confusion

    Despite nearly every economic expert reporting that the U.S. economy is solid and we are experiencing a “correction,” it appears we are talking ourselves into a recession. The media, combined with no one in leadership assuring the country, creates macro confusion ...

  77. No Vacancies

    At first it seemed a win-win when the dynamic trio of some of the biggest US residential landlords announced in late December that they are in talks with Airbnb to create a revenue-sharing arrangement that would list Equity Residential, AvalonBay and Camden ...

  78. Hottest Sales Trend

    The elephant in the room - will Janet Yellen give us all a rate hike for Christmas? And, after all this time, there are no returns. I am not sure any budget for 2016 will hold up after today. But, despite predictions that technology would make business travel ...

  79. SelectLeaders Real Estate Job Network - 2016

    It is not a frivolous time. Unlike times during the 2007 hiring frenzy, when it took 54 clicks on a job to get one application and compensation offers were off the charts, every day’s news has a sobering effect. Yet, from a hiring perspective opportunities ...

  80. SelectLeaders Real Estate Job Network - Online Stores

    Cyber Monday kicked off this week, but from what I could see, the heavy online shopping happened on Black Friday, in the stores. Accompanying a 20-something, we stood in the store aisle and comparison shopped online, complete with deals, product information ...

  81. SelectLeaders Real Estate Job Network – Ethical Challenges

    Kirk Hanson, business-ethics professor in Silicon Valley, reported in the WSJ on the decades he has spent talking to entrepreneurs who live under constant pressure to manipulate their financial accounts and otherwise engage in unethical behavior. One of the ...

  82. SelectLeaders Real Estate Job Network – Study Abroad

    One in 20 students now enrolled at American universities is from outside the U.S., according to the WSJ. The 10% jump in international students, the fastest growth rate since 1979, sets a record for foreign students at U.S. Colleges. Why? In California, students ...

  83. The Minimum

    While I usually don't watch FOX, last night's Republican Debate raised the bar for the news media, who allow Big Data or Rankings, to steer their course. Starting with "The National Anthem," it became clear this debate was an important event. The participants ...

  84. Ad Blockers

    ‘If you’re not paranoid, you’re crazy,’ according to the “Atlantic Magazine” November lead article: Life in the Surveillance Society. Your mobile phone tracks your location, the camera in your computer can spy on you, what you view, buy, and write is tracked ...

  85. Zell Sells

    Is the jig up? “The Grave Dancer,” the week before Halloween, scares the socks off of us agreeing to the largest transaction since the recession. Yes, Sam Zell, who is credited for calling the top of the real estate market in 2007, when he sold Equity Office ...

  86. The Lost

    “The most puzzling feature of the Great Recession and its aftermath was the sharp decline in the percentage of working-age people in the labor force,” the NYT recently reported. The percentage of prime-working-age Americans, those between 25 and 54, who are ...