Closing The Tech Talent Gap In The Commercial Real Estate Industry
Post written by Ron Rossi, VP of Customer Success for RealPage IMS. Published by Forbes on April 13, 2020.
With over 20 years working in companies that range in size from start-ups to publicly-traded corporations, I know from experience that finding the right talent can be hard…and hiring tech talent can be even more challenging. In a tight labor market where companies are in growth mode, talent is at a premium. The United States job market was continuing to experience slow, steady and strong employment growth as of February 2020, which means hiring likely remained competitive. A recent survey from Manpower Group (via CNBC) found that almost 70% of employers reported talent shortages in 2019. While many companies are struggling to attract quality talent that will help drive efficiencies and growth for the business, commercial real estate (CRE) was late to the game and is now finding it increasingly difficult to attract high-potential candidates.
The good news for commercial real estate? Employees from other industries are starting to take notice of the growth in CRE and the market’s potential, and workers are indicating a willingness to make bold career moves. Even companies such as JLL are tapping into Silicon Valley’s talent pools in order to deliver more technology-driven service offerings.
