NEWPORT BEACH, CA – Entry- or mid-level real estate financial analysts are in great demand, recruiting firm RETS Associates tells GlobeSt.com exclusively. The firm reports that employment in these two…
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NEWS
Real estate investment firms are increasingly looking to hire asset managers who can help implement property strategies from beginning to end. The traditional role of an asset manager has been…
Across the board, this year has been the busiest in the 12-year history of RETS. Our clients, whether publicly traded or privately held, have aggressively hired to fill open and newly created positions. Through Q3.13, RETS has overseen 344 searches, which represent a 20 percent increase compared to the same period in 2012. In September alone, we conducted 50 new searches, our highest number for a single month ever! In response to tremendous growth in search volume in the Pacific Northwest, we established a beachhead in Bellevue, WA to serve clients in the region.
INTERIM RECRUITING
There has been ongoing strong demand for interim recruiting. Total hours billed through Q3.13 is 33 percent higher compared to the same period in 2012. The property management segment continues to be the highest demand for interim recruiting as a direct result of the increase in acquisition/disposition activities in the market. Clients have turned to interim recruiting to handle just-in-time delivery of talented professionals to fill positions for three to six month periods. “Since March, we’ve seen a dramatic rise in the number of interim recruiting searches, as the economy continues to improve,” says Kent Elliot, a principal/partner of RETS Associates.
In the wake of the Great Recession, the pendulum has swung, and to remain competitive companies now are increasing their overall compensation packages (i.e., salary, bonus structure, benefits, perks, etc.)…
Commercial real estate brokerage Avison Young is based in Toronto. But ask CEO Mark E. Rose where he spends most of his time these days, and he is ready with…
New Research from RETS Associates Indicates Key Employee Benefits and Perks to Recruit and Retain Top Talent; Growth Opportunities and Work Culture Ranked Closely Behind Compensation and Location NEWPORT…
The Search for Talent With construction cranes gracing the skies again, the search for talent is heating up in the Bay Area, says RE recruitment firm RETS Associates principal Kent…
What has become readily apparent in 2013 in the primary real estate markets on the West Coast is… the candidate is in control! The switch from the employer holding the majority of the negotiation leverage to the candidate holding the leverage began early this year. Employers beware – you will need to be aggressive in your negotiations with candidates. RETS handled 110 searches in Q1.13 – this is the highest number in the 12-year history of the firm – representing a 24% increase in searches handled to Q1.12. The pace of new searches in April and May 2013 followed at the same level as Q1.13.
INTERIM RECRUITING
The available pool of candidates interested in interim positions continues to dwindle as talented, unemployed professionals are re-hired. The demand drivers for interim recruiting are: 1) due diligence needs for acquisition/disposition activity; 2) companies with open positions that they are unable to fill in a timely basis; and 3) employers faced with employees having short to medium term medical conditions. “The RETS team is operating at an all-time high YTD 2013 in terms of interim recruiting. Now is a great time for professionals who would like to do interim/consulting work. For employers, you need a recruiting firm to reach this limited group of talented professionals,” says Kent Elliott, a principal/partner of RETS Associates.
Commercial Real Estate Radio with Howard Kline: CRE Job Market Show Description We just heard that the unemployment rate is now the lowest it’s been in many years. More jobs…
With recruiting assignments now flowing steadily, many executive search firms serving the real estate sector are looking to expand.
In the years following the market crash, recruiters suffered from lackluster demand for professional searches. Even as the real estate industry began to recover, the large number of unemployed professionals made it easy for companies to find talent without enlisting search firms.
