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How To: Maximize Your Resume Without Being Dishonest

Your resume has a single task— catch the eye of the recruiter and get you shortlisted from a bunch of qualified candidates. It is not an autobiography, but a sales pitch telling a story in a visually appealing manner, while highlighting key elements to get a favorable decision. It is not based on lies or fiction that can destroy your career. Here’s how you can maximize your resume without being dishonest.

Narrate your Experience

This is a sure way to maximize your resume. The recruiter is interested in what you can achieve and not in the job description of your previous role. So, don’t speak about how you were responsible for sales. Talk about reducing costs by 10% instead of being responsible for budgeting. Use a common XYZ format to share your story—in situation X, I did Y to achieve Z. For example, established the first overseas office, contributing 10% to the company’s revenue in Year 1.

What to Include

Make your story relevant and not comprehensive. Tailor your resume to the job description provided. Talk about latest job first —in reverse chronological order and keep education below work experience. Include your hobbies only if you are a fresher and can showcase your extracurricular achievements instead of professional experience. If you have 15 to 30 years of work experience, club the first 10-20 years under a single heading. To share additional details, include your LinkedIn profile, your website containing your design portfolio or your finance blog that demonstrates your market expertise and reputation.

Read More: https://economictimes.indiatimes.com/wealth/earn/7-ways-to-spruce-up-your-resume-without-lying/articleshow/62474072.cms

Contact Us: https://www.buildingrecareers.com/contact

Contact Carly Glova: CGlova@BuildingRECareers.com

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CRE Survey Shows a Brighter Future

If COVID-19 didn’t halt the plans of commercial real estate investors, it definitely fogged up their view. The latest Investor Sentiment Survey by Colliers International has brought some much-needed good news though. Take a look the investor outlook and what has changed the most since the “complete unknown” on display in the last CRE survey.

“Investors are more optimistic, as there is more information in the market and a better understanding of where capital allocations will go and how debt markets are operating,” said Amsterdam. “Investors expect to remain in a low interest rate environment in the near-term, and with the debt markets showing positive improvement, this should set a sound backdrop for a resumption of sales activity.”

Patience is Still Required

However, the CRE survey respondents expect a return to transaction volume normalcy next year, with nearly half saying by the halfway point and a quarter looking toward the end of 2021. A slower recovery is expected for asset pricing though, with nearly one-third of respondents predicting a return to previous peak pricing in 2021, 35 percent in 2022, 23 percent in 2023 and 10 percent in 2024.

“The sentiment on deal volume is a very positive sign for investor psyche,” said Jodka. “There is tremendous capital sitting idle on the sidelines with investors wanting to get back in. Safety is paramount today. The durability and credit of the income stream is a top priority.”

E-commerce

This strong and socially distant demand driver, continues to propel the industrial sector. Rent gains are expected by 36 percent of Colliers’ survey respondents, up nearly 10 percentage points from the first survey. Nearly six in 10 have not changed their expectations for industrial returns, and very few (8 percent or half the rate of the first survey) expect value declines of 10 percent or greater.

“Industrial investors are more bullish, the optimism and strong investor appetite with this asset type are apparent,” said Amsterdam. “Where multi-tenant office is harder to transact today, multi-tenant industrial is not seeing that same level of difficulty.”

Many have speculated on how the work-from-home trend will affect the office sector. Colliers found that investor attitudes are brightening, with office investors less bearish than in the first survey. Almost 54.7 percent expect flat to 10 percent declines in pricing, but nearly three in four respondents noted that they need a higher return target. More than 13 percent of respondents expect rent gains in 2020.

The Retail Investment Sector

This sector remains a pessimistic place, with those expecting a 20 to 30 percent decline in pricing jumping nearly 20 points to 53.3 percent. The expectations for rent declines have gotten worse, too — only 6.7 percent of respondents, down from nearly 20 percent, expect less than a 10 percent rent decline — something not seen in other sectors in the survey. More than 93 percent of investors require an increase in their return target.

Multifamily Investors

They’re more optimistic in general, with an increasing share (21.4 percent) expecting flat to 10 percent rent growth. On the valuation side, nearly nine out of 10 respondents expect no more than 10 percent pricing declines. “We have seen strong investor demand for middle market assets, while finding success with strategic targeted marketing of properties. This is yielding pricing that is in line with, if not ahead of pre-COVID-19 levels,” said Jodka.

Perseverance is still imperative for CRE investors, but as the Colliers survey shows they increasingly have a better idea of where they stand. And they’ll use that knowledge to adapt their plans.

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The Need for Diversity and Inclusiveness Leadership in CRE

In the aftermath of George Floyd’s death, there was a renewed call for diversity and inclusiveness in CRE. It’s clear there is no more room for inequality and exclusivity in our country and in our industry. And fortunately, many leaders in commercial real estate are showing us the way forward.

Diversity and Inclusiveness in CRE

Minorities Speak Up

When the recent protests over inequality flared up, Bisnow reached out to racial minorities to discuss diversity and inclusiveness in CRE. Leading the way, the popular industry news journal opened up a much-needed dialogue with the racial minorities working in CRE to better understand how they feel and what solutions to pursue. The responses provide a unique snapshot and roadmap for improving diversity and inclusiveness in the CRE industry.

First, they asked how it feels right now to be a racial minority in America and in CRE. While some responded with frustration that this even had to be a topic, many others expressed hope that this time was different. Many feel positive change is in the works – not only for commercial real estate, but the nation at large.

Next, they asked what CRE leaders can do to bring about a more diverse and inclusive workforce. Helpful responses poured in. A common response was to praise the various programs and organizations pushing for inclusion, like:

But the primary response was to stress the importance of awareness and dialogue. We cannot pretend diversity and inclusiveness in CRE are not real and valid concerns. Leadership in this area requires meeting the issue head on and then working on ways to solve it.

Other Leadership Examples

Bisnow’s project is not the only example of leadership on this matter. There are other notable members of our industry making firm commitments to diversity and inclusiveness in CRE.

  • CREW Network, long an ally for women in CRE, has introduced measures to encourage diversity, equity, and inclusion (DEI) for the whole diversity spectrum, including ethnicity/race, culture, disability, sexual orientation, religion, and age. We at Building Careers are proud of our involvement with the CREW Network and of the work they do to broaden our industry.
  • CRE Finance Council, the trade association for CRE, described as the leading voice for commercial real estate finance, has issued a strong statement on diversity and inclusion. In it, they stressed the need for proactive leadership and discussed their creation of an endowment to “heighten diversity through increased opportunities within the commercial real estate finance industry.”
  • Another San Diego local, Dustin Sutton, has created a group called the Black Commercial Real Estate Network (BCREN), whose goal is to provide a community of connection, idea sharing, support, and mentorship for Black members of the commercial real estate industry nationwide.
  • The Real Estate Executive Council (REEC) was formed to promote the interests of minority executives doing business in the commercial real estate industry.
  • CBRE, a global leader in commercial real estate services, created an in-depth mission statement dedicated to diversity and inclusion. In the various videos and talking points the mission statement contains, CBRE makes the point that diversity and inclusiveness in CRE isn’t just a good idea, it’s their competitive advantage. They point out that in an industry as diverse as real estate, there is incredible value in cultivating a workforce with diverse backgrounds and perspectives.

The commercial real estate industry has a spotty track record on diversity and inclusion. But there is hope for the future. As leaders rise to the forefront and make the case for a colorful and varied industry, others are listening and following in their path. We can no longer pretend away this problem. But through tackling it head on, we can find creative and enriching solutions for a more colorful and expansive CRE.

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How To: Network During a Pandemic

In just three weeks, more than 16 million Americans have lost their jobs, and before the coronavirus pandemic fades, many millions more will become unemployed. And that leaves many with only one critical tool to recover their career: network during a pandemic.

To be sure, the normal routes we used—in-person meetings or coffees and networking events—have vanished. Here’s a sobering stat: until COVID-19, event planners were putting together more than 5,200 meetings a day, each with more than 10 attendees. And while the odds of hearing responses to new LinkedIn connections were never great, they are even tinier when people holding jobs are in turmoil themselves

Nonetheless, experts say there are still a host of systematic approaches to remind the business professionals you know that you’re around—and letting others realize you exist. But it’s all different in the era of COVID-19. And trickier. Here are some thoughts on how to network during a pandemic:

“Face-To-Face” Meetups

Networking is often done over coffee or during breaks at a conference, but meeting people in person is almost impossible at the moment. But instead of just settling for a phone call, experts say networkers should set up video chats to actually see each other. The video calls can make it easier to establish a connection and be authentic—especially with a new person.

It’s About Giving, Not Receiving

Nobody should start a network conversation with “I need a job.” Successful networking is about building relationships, experts say.

It can start with making a list of the possible things you can do for people in your network. Perhaps you can make a connection to an important partner in someone’s field. Or point to a little-noticed but important new research paper. Even small things, experts say, if done sincerely and are genuinely meaningful to the other person, can jump-start your networking.

Read More: https://www.kornferry.com/insights/articles/job-networking-search-coronavirus

Contact Us: https://www.buildingrecareers.com/contact

Contact Carly Glova: CGlova@BuildingRECareers.com

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The Importance of Employee Recognition

To be really effective in your job, you need to know why and how to praise others for their good work. You need to know the importance of employee recognition.

Employee recognition is the timely, informal or formal acknowledgement of a person’s or team’s behavior, effort or business result that supports the organization’s goals and values, and which has clearly been beyond normal expectations. To be fully successful in the workplace at any level, you need to understand the psychology of praising others for their good work, to apply the principles of employee recognition yourself and to encourage others to initiate it in their working relationships.

Appreciation is a fundamental human need. Employees respond to appreciation expressed through recognition of their good work because it confirms their work is valued by others. When employees and their work are valued, their satisfaction and productivity rises, and they are motivated to maintain or improve their good work. Gallup studies show employee recognition is the key factor influencing employee engagement, and therefore organizational performance.

Employee recognition is the principle of social proof in action, a term pioneered by social psychology professor Robert Cialdini. He defined the principle in this way: “We view a behavior as correct in a given situation to the degree that we see others performing it.” Employee recognition embodies the principle by showing to others in a tangible way that a person’s efforts have been outstanding.

The Research

Yet Gallup analysis in 2016 found only 1 in 3 US workers strongly agreed they had received recognition or praise for doing good work in the past 7 days. Gallup consultants recommend that recognition should be given weekly in broad terms to those who deserve it – and in a timely way so the employee knows the significance of their recent achievement and to reinforce company values.

Two Aspects to Employee Recognition

  1. The first aspect is to actually see, identify or realize an opportunity to praise someone. If you are not in a receptive frame of mind you can easily pass over many such opportunities. This happens all too frequently.
  2. The other aspect is, of course, the physical act of doing something to acknowledge and praise people for their good work.

Read More: https://cuttingedgepr.com/employee-recognition-important/#:~:text=Employees%20respond%20to%20appreciation%20expressed,or%20improve%20their%20good%20work

Contact Us: https://www.buildingrecareers.com/contact

Contact Carly Glova: CGlova@BuildingRECareers.com

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5 Secrets to Finding a Job You’ll Love

Looking for a job can be a bit like dating. It can be easy to go online and find a match for a first date, but what happens after that is what matters the most. Will that first date (or first interview) turn into a long-term relationship? Or is it going to be a bust?

Job searching can be hard work. It’s not just a question of finding a job – any job. It’s important to find the right job, a job that is an excellent fit for you now and for the future, either as a stepping stone for your career or as an opportunity you’ll be comfortable with for the long haul. If it’s the wrong job, you’ll end up having to start a job search all over again if the position doesn’t work out. Besides it being stressful, you’ll need to avoid being considered a job hopper when writing your resume.

Because job searching is time-consuming, as well as hard work and because it can be even harder when a job doesn’t work out and you end up quitting or getting fired, it’s best to spend your time trying to get it right from the time you start job hunting. Here are five secrets to finding a job you’ll love.

1. Discover What You Want to Do

Before you start your job search, spend time making sure you’re looking for the right job. If you’re not certain about what you want to do, take a career quiz or two to generate some ideas. If need be, get career coaching or counseling to help get you on the right track. Use the job search engines to search for jobs that are a match for your skills, experience, and interests.

2. Connect with Current Employees

Don’t just apply for the job. Take it a step further. Use your connections on LinkedIn, Facebook, Twitter, and other networking sites to discover whom you know at the company. Ask them for insight and information on the company, in general, as well as about the job. Your contacts may also be able to provide you with a referral for the position. Check out the company’s LinkedIn page and social media profiles to gather information.

Read More: https://www.thebalancecareers.com/top-tips-for-finding-a-job-you-will-love-2060996

Contact Us: https://www.buildingrecareers.com/contact

Contact Carly Glova: CGlova@BuildingRECareers.com

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Tips to Separate Work and Life During COVID-19

It’s one of the biggest work at home conundrums. You finally found a job that you love that will allow you to work from home or you’ve been working from home due to the Coronavirus. You imagine how much time you’ll save from not having to commute into an office, how much money you’ll save by not having to pay for said commute (and office wear and fancy lunches), and how productive you’ll be with all that extra time not having spent stuck in traffic.

Thing is, your work life and your personal life can easily become one big mélange of misery if you don’t try to set boundaries. Here are a few tips in which you can separate work and life during COVID-19 when you work at home.

Partake in Normal Office Hours

It may seem unnecessary to have regular office hours when you work remotely. After all, isn’t the point of having a flexible schedule that you can work flexibly? But if you start and stop your workday at various times throughout the day, it can wreak havoc on your productivity. Instead of getting more work done effectively, you’ll find yourself working much longer than you need to, often when your kids are home from school or even later into the evening. So try to keep a consistent schedule, and then allow for interruptions or breaks as needed.

Set Limits

You’re prepping dinner and you have your laptop open on the counter at the same time. While you might be tempted to scan your work emails as you’re tossing the salad, you shouldn’t. It’s imperative to establish boundaries when you work from home. Otherwise, you’ll find yourself working 24/7. So make every effort to be present in your life, whether you’re trying to finish up a big project or if you’re having a conversation with your 10-year-old. Setting boundaries will ultimately make you a better, stronger, and happier worker and person.

Disregard the Distractions

Dirty dishes. That mound of clean clothes that have to be folded and put away. When your home and your office are one in the same, distractions are plentiful, even more so than if you worked in a traditional office. If you don’t ignore the distractions, though, you’ll find that you’ll get far less work done. So as much as you’d like to have a totally clean house, you’ll need to block the mess out of your mind until you’re done with your work for the day.

Read More: https://www.workflexibility.org/separate-work-life-when-you-work-at-home/

Contact Us: https://www.buildingrecareers.com/contact

Contact Carly Glova: CGlova@BuildingRECareers.com

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Interview Thank You Letters: A Beginners Guide on How to Write One and When

Unforgettable Interview Thank-You Letters
Sending a thank you letter after an interview might seem old-fashioned, but it’s just as important to write one as ever. One survey from TopResume showed that 68 percent of hiring managers say that a candidate’s decision to include or not include a thank you note after an interview affects their final hiring decision. But while sending a thank you note has become expected, it’s not enough to simply send a note that says “Thanks for chatting with me” — you need to put some thought into it. In this guide, we’ll show you how to write a thank you note that will impress interviewers and increase your odds of getting a job offer.

The Timing of Writing a Thank-You Letter
Writing a thank you note to your interviewers shows that you are gracious, humble and thoughtful — all important qualities for potential new hires to possess. That’s why you should write a thank-you letter after every interview within 24 hours. You don’t want to risk having recruiters or hiring managers think that you’re cocky, ungrateful or absentminded.

People You Need to Write a Thank-You Letter For
In general, it’s a good idea to share a thank you note with everybody you interviewed with individually, from recruiter to hiring manager to potential colleague. If you don’t already have their contact info, request it from your main point of contact throughout the hiring process (likely the recruiter), explaining that you’d like to thank them for taking the time to speak with you. If you had a panel interview, you might want to save your time by sending one email to the main interviewer with everybody else CC’d.

If you spoke to many different people — say, you presented to a room of 10 or more — it’s probably not practical, or a good use of your time, to include each and every one of them. In this case, you can follow the same procedure you would in a panel interview: Send one note to the main interviewer with several of the key players CC’d.

Learn More: https://www.glassdoor.com/blog/guide/how-to-write-a-thank-you-letter/

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What If I’ve Signed a Non-Compete Agreement?

So you’re considering jumping ship and working for a new company – but what about that non-compete agreement you’ve signed? Perhaps you’ve been offered the perfect position as a resale coordinator, builder liaison, or broker. The role and location are precisely what you want for your career and your family. But there’s those nagging questions: is it worth the risk of legal hassle? Is your contract even enforceable? How should you proceed?

First of all, like all legal matters, there’s no way to know without consulting an attorney. So talk with an attorney who handles non-compete agreements and get legal advice before proceeding.

But as executive search consultants in the commercial real estate industry for many years, we know a thing or two about non-competes, too. And here are some important points you should know.

1. A non-compete agreement is a contract.

Don’t be flippant about violating a non-compete. It is a contract, and you can be held liable for its terms. Proceed with caution.

Besides, as a CRE professional with integrity, you want to be a man or woman of your word. Review the terms of the agreement and understand just what you may or may not do.

2. Non-competes are only enforceable if reasonable.

While “reasonable” is subjective and differs from state to state, generally, this kind of contract is only considered reasonable according to three criteria:

  • The geographic location: the region should be less than 50 miles in most cases and not cross state lines.
  • The time limitation: courts don’t usually find non-compete agreements to be reasonable if they exceed 12 months of restriction from the new start date.
  • The scope of the role: the narrower the scope, the more enforceable the agreement. Selling to your company’s clients might be a violation, but merely working in the real estate industry is not.

3. It all depends on your state.

While most states tend to be lenient with employees, some states go so far as to consider a non-compete agreement as null and void. Fortunately, California is one of those states.

California employers may protect company secrets if they can prove they are proprietary, but competition is not restricted. If your employer is in California, you probably weren’t required to sign a non-compete to begin with. And if you were, it’s almost certainly unenforceable.

4. When in doubt, get help.

If you’re in an area where a non-compete agreement is legal, and you’re unsure about its reasonableness or enforceability, communication is key. Talk to your prospective employer before you defect, and show them the contract. They may be able to design your role in such a way to preclude a lawsuit or potential violation of the agreement.

Talk to your recruiter. Executive search firms are adept at handling objections like these and helping you avoid pitfalls – especially recruiters who specialize in CRE and know the employment rituals and rules for your industry front and back.

Navigating these troubling times can be treacherous, so go with a firm whose expertise you can trust and rely on. They can be your advocates and advisers through each step.

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