While the Royal wedding may have not had a direct impact on commercial real estate, certain industry sectors did get a boost. Read on to see which areas of the economy were measurably impacted: Royal wedding’s $1.4 billion economic impact
Article published by Victor Reklaitis on May 18, 2018 on MarketWatch.com
Royal wedding’s $1.4 billion economic impact: Here’s the boost by sector Read More »
Have high expectations of your recruiter. Sit down with him or her and articulate what your company’s short- and long-term needs are and have an open dialogue about how you can effectively work together to find the best employees and job candidates for your team. Ultimately, you share the same goal but it’s important to ensure you’re on the same page when it comes to achieving it. And these three criteria are key to finding the right recruiter for your organization.
Effective recruiters are good communicators.
From start to finish, a recruiter should be in regular contact with you and be accessible when you have questions or simply need an update. After the recruiting firm provides you with a thorough overview of their capabilities and how they specialize in your industry, ask them what their strategic approach and process is to finding you job candidates. When can they deliver. Some recruiting firms, Building Careers included, go so far as to commit to timely responsiveness in order to provide you with the highest level of service. Talking regularly inevitably leads to more success faster. The recruiter is there for you and will be able to provide their honest and direct thoughts regarding their experiences with certain candidates and who they believe could be a great fit for your team.
Experienced recruiters know the world of recruiting for your industry.
Market knowledge and access to a qualified network of candidates are the two main reasons you reached out to a recruiting firm in the first place. Recruiting firms know your industry and know where to find and select the right employees for the open positions you have at your company. They can provide insight on where market sentiment is, who else is hiring and at what levels, and what compensation ranges you should consider to attract and retain the best talent for your team. They can also offer you ongoing industry insights and inspiration.
Many recruiters work with organizations as an ongoing human resource extension so that at any given time, they have the inside scoop on your team dynamics and needs and can fill open positions quickly and efficiently. The recruiters operate as an extension of your company. They complement and amplify the current processes you have in place. And this leads me to the final point.
Smart recruiters are in it for the long-term.
The right recruiter isn’t in it for a one and done or to simply be a use and burn resource. So invest your time and energy into finding a recruiter who recognizes your immediate need to fill an important open head count but who also wants to understand your company’s and team’s business objectives and plans for growth. They can tell you what kind of relationship and agreement makes sense – contingent search versus retained search – based on your budget, business needs, team functions and so on. The best kind of recruiter is the one who spends time with the key stakeholders in your company to build the kind of relationships that will lead to mutual success now and in the future.
Not only will a smart recruiter commit to timely responsiveness and transparency, but they will also be your company’s biggest advocate. The recruiter will spend a lot of time building the candidate relationship and rapport where the candidates are able to be transparent with the recruiter in order for the recruiter. This allows the process to run smoothly from all perspectives and allows the recruiter to be in the best position to negotiate on behalf of the client. A sure sign that your recruiter is a keeper is when they dedicate time to front line marketing and evangelizing what your company does. Your company deserves the best talent that aligns with your culture. Make sure that your recruiter is in line with that too.
What Should You Expect From Your Recruiter? Read More »
“Sharp as a tack.” “Nerves of steel.” Pursue your goals even if the odds are against you and perhaps someday the world will describe you that way too.
This Los Angeles Times article published by Samantha Schmidt on April 16th, 2018 details how her approach to parenting mimicked her approach to her career.
“We endeavor to teach our children to be leaders, not lemmings,” she wrote. “This is especially important when it comes to making the right choice while the crowd is pulling in the other direction.”
Explore the full article here: Tammie Jo Shults, who calmly landed Southwest Flight 1380, broke barriers as a fighter pilot
How are you breaking barriers in your career? Read More »
Career growth is the #1 reason we hear for why someone is considering a new position. Keeping this in mind with current employees will help tremendously with employee retention and satisfaction.
Read the full article here:How to Lose Your Best Employees
Originally published by Whitney Johnson on Harvard Business Review.org on April 20, 2018.
How to Lose Your Best Employees Read More »
Proud of the way our team continues to inspire people to succeed everyday!
Happy Anniversary, Building Careers! Read More »
Is the traditional resume becoming obsolete? The short answer is no. If we spent as much time on our resumes as we do on our social media profiles, maybe we would get as many likes from potential employers as we do from social connections. While this might seem blatantly obvious to most, it’s worth reiterating how important it is to take the necessary time to devote to continuously updating the best resume possible.
Take the Time to Review the Entire Resume and Ensure Proper Tenses Are Used
One of the most crucial things you can do to put your best foot forward is take the time to properly update your resume when it’s time to look for a new position. Many candidates have great content in their original resumes, however, it may have been years since they have looked for a job and therefore last updated their resume. One of the things I frequently see reflected in candidates’ resumes is a sense of urgency. They’re rushing through edits, only adding their most recent position, and forgetting to put the previous one in past tense. Take note, if you are no longer working in a current position at a current company, the associated bullets/description should be in the past tense. A lot of candidate’s older positions will be past tense, with the top two incorrectly being present tense. Only your current position should be in the present tense.
Employ Proper Grammar and Punctuation and Have Another Set of Eyes Review
On that note, whether you’re applying for a new position or simply wanting to give your resume a fresh look, it’s always a good time to proofread your resume for grammatical and spelling errors more than once in more than one way. Have a peer read through it, read through it yourself a couple of times, and/or enlist the help of a professional resume consultant to, at the very least, give your resume a once over for basic spelling and grammatical mistakes. You’d be surprised at the number of periods mistakenly following incomplete sentences!
Tailor Your Resume to the Job You Want
Your current resume may not be properly tailored to each job you’re applying for. Take the time to read through the job description of your desired position and make notes of the requirements and skills with which you have experience. Ensure that those are clearly spelled out and exhibited in your resume. Having the right key words in relation to the job description is critical!
Quantify, Quantify, Quantify
Be clear about what you have contributed to past and current employers in definitive terms. For example, how much did you save the company in operating expenses on their assets by implementing a new vendor proposal system? What is the magnitude of assets you have sourced, underwritten, and closed? The more specifics you can offer on your resume to a potential new employer, the more they will recognize your value.
Your resume represents you and your qualifications and is essentially seeking the respect of hiring managers and potential employers. Don’t rush through a quick revision and send your resume to the hiring manager of your dream job without giving it some TLC. You only get one chance to make a first impression.
If it’s time for you to give your resume some much needed attention, please feel free to connect with me at JETurpitConsulting@gmail.com to see how I can help.
By: Julia Turpit
How to Prevent Your Resume from Becoming Obsolete Read More »
Many of our clients value the skills that a property manager brings to the asset management side. Find out how to avoid roadblocks and think in terms of value-creation and financials if you are considering making the transition.
A few tips include:
Originally published by John Salustri on GlobeSt.com on April 2, 2018
The (Potentially) Bumpy Path From Property to Asset Management
The (Potentially) Bumpy Path From Property To Asset Management Read More »
I recently heard Hamid Moghadam, CEO of Prologis, speak at Burnham-Moores 22nd Annual Real Estate Conference. He ended the conversation by discussing his company’s policies to increase the number of women across all departments. It was empowering to hear that a company with such a presence on the world commercial real estate stage has specific policies to promote women. Many more companies and countless organizations have pledged to be champions and advocates of women in the commercial real estate space. We are proud to work with a number of clients who make this diversity a focus in order to compliment their already successful businesses with women that can take their companies to the next level.
These changes are even taking place on construction sites. Construction sites and careers have a reputation that has not historically been conducive to women. Read here about the incredible organizations across the country who are working tirelessly to promote diversity in the trades.
A Women’s Place is Slowly But Surely Becoming Apparent in Commercial Real Estate Read More »
Building Careers is sitting down with the movers and shakers of the commercial real estate scene here in San Diego to find out how they got to where they are and what they want to see in people on their team.
Kicking off our blog series, I wanted to give you a sneak peak of the Q&A you can expect with some of my own thoughts.
Describe your background and how you got into the industry.
Architecture and home design always interested in me, but learning that I could apply intangible finance underwriting to commercial buildings that everyone could see, touch, and have an opinion on opened up a whole new world of possibilities for me. This light bulb went off when I stumbled upon a commercial real estate finance course while I was an undergrad at Penn State. From there, I worked in the industry in a finance consulting capacity, on the private equity side, and in-house for an investor, developer and operator.
I came upon a career crossroads. After conversation after conversation with many of you fantastic mentors and role models in the San Diego commercial real estate world, I realized that I wanted to have those types of conversations on a daily basis. I wanted to be that sounding board and advisor to anyone at any stage in their career to ensure that their role aligned with their life goals and motivations. What better place to do that than in the commercial real estate industry that I know and love? Since founding my executive search and recruiting firm, Building Careers, I am motivated every day by inspiring people to succeed.
What exciting projects are you working on?
My team and I are currently working on finding the right fit for an acquisitions analyst, development director, senior design manager, controller, lease administrator, corporate finance director, project and construction managers, and acquisitions, leasing, and asset management senior associates, among others. We are consistently recruiting for exciting opportunities with growing companies, so if you want to stay up to date on open commercial real estate career opportunities, visit the job page of our website or email me. I look forward to hearing from you!
What are you seeing in terms of hiring?
It is a candidate’s market right now. Quality talent that aligns with each company’s specific culture and way of working is very difficult to find. When companies identify someone that aligns with what they want on their team, I would recommend that they be ready to make a strong offer and on-board that person quickly. Offers that allow candidates to feel valued by the company and communicate to them that the company is invested in their long-term career growth are extremely effective in the current market. Knowing and living your company culture everyday will make an efficient hiring process more seamless.
What can candidates do to stand out?
Candidates who know themselves and what they bring to the table set themselves apart from the rest of the pack. Those who can clearly communicate their value through concise examples put themselves in a position that aligns with their strong suits. Operating this way is paramount in achieving long-term success for not only the employee, but for the employer as well. As a resume is most often a candidate’s first impression, stay tuned next month for additional suggestions on putting your best foot forward through your resume.
What is your one piece of advice for folks trying to make it in the commercial real estate industry?
Make meaningful connections with those that you cross paths with in your professional network. Having advocates and sponsors as resources is essential to career growth and learning, especially in the commercial real estate industry.
Interested in hearing more from some of the industry’s leading faces? Be on the lookout for future interviews!
What Motivates You? An Interview with Building Careers’ Founder Carly Glova Read More »
Meet this year’s fantastic group of CREW men and women and see what we’ve been up to!
New Year, New CREW! Read More »