The Professionals’ Choice for Real Estate Jobs

Uprooting the Family

Recruiting top executives has always been a challenge, but more recently with a booming economy, executives are more often than not well positioned in their current firm, so extracting them has become exponentially more difficult. When we overlay a relocation into the mix, it becomes even more difficult when we introduce family considerations, tax differentials when an exec is leaving a low-to-no state income tax state such as Texas, and a house sale that often costing tens of thousands of dollars in brokerage commissions and other costs.

To counter these issues employers are shelling-out generous relocation packages. According to compensation firm Equilar, the average relocation package for the biggest 3,000 publicly traded companies in the US totaled $144,633, and that does not include signing bonuses that are sweeteners to get the executive over the hump. In this environment, public companies are also increasingly faced with investor criticism for these payments. Institutional Shareholder Services (ISS), a proxy adviser, considers them “excessive perquisites’’ without links to performance. That’s all well and good, but what’s the cost to the shareholders if a company cannot attract the best talent because of their inability to address an executives relocation costs and related issues?

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 or visit our Job Network Career Centers: BOMA, CCIM, CREFC,, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC

All Employer Brief