The Operator’s Guide to Hiring
Technical Individuals in Real Estate
In simple terms, COVID-19 the aftermath of a pandemic that rocked
the globe. But digging deeper, we see the pandemic recalibrate many
of the world’s dynamics, with the real estate industry bemoaning
some of the effects of this reset. Gone are the days when the sector
had almost first dibs on crème de la crème of tech talents. Now,
employers in real estate are realizing that hiring technical individuals
in real estate is becoming harder.
That is the case because the pandemic made hiring of technical
individuals much more competitive than in the years gone by.
Industry analysts have highlighted the shortage of technical talent in
real estate companies in the aftermath of the pandemic (Sisson,
2021).
Despite the staffing difficulties, commercial real estate firms canneed
to be up to date with and continually adoptkeep up with new
technologies and innovations in order to remainstay competitive in
today’s fast-paced business environment.
In other words, the stakes are high — extinction or subsistence is
possible — To do this,so it is they need toimperative managers hire
qualified individuals with the right tech skills.
However, even amid these personnel shortages besetting possibly the
whole gamut of markets, some businesses are adequately staffed
with tech experts, a situation they created with premium recruitment
strategies.
Considering that approach is key to attracting and retaining talents,
rReal estate companies will be much more effective in hiring technical
individuals, if these organizationsy are proactive and designhave a
focused, well-structured, and swift interview and onboarding
processes.
Below, we explore how to convince tech professionals that your brand
and projects will fulfill their career objectives.
Commented [1]: Unfortunately, in this sentence, "this"
could refer to "stay/remain competitive" or "keep up
with."
Perhaps we should consider a rewrite to see if we can
improve clarity.
Today’s highly competitive hiring environment
requires a new approach
There was a time physical borders allowed
companies in certain locales to cherrypick the
best minds. Not anymore. The
market for technical talent
is the most competitive that it's ever been.
With tThe advancement of the internet and global connectivity has
eroded that edge and equalized the labor landscape so that hiring
transcends geographical barriers and technical duties can be
performed remotely from anywhere — coffee shops in Barcelona,
coworking spaces in Denver, living rooms in Antananarivo, etc. That is,
this new setup opens up the path for , technical talent to launch or
further their careers at startups, midsize organizations, and
conglomerates all over the worldhas choices all over the world in
order to start or upgrade their career.
The implication of this reciprocal access — talent ⇋ companies — is that
businesses are competing with not only local entities in the same
sector but also global firms in other industriesMany technical roles
can be carried out remotely from anywhere in the world, making. And
given humanity’s relentless attempt to digitize every operation, tech
staff and their skill set will remain indispensable for a whilehiring
technical talent even more competitive.
Consequently, if The tech candidates — entry-level and seasoned pros
alike — problem are exploringis exaggerated by the fact that young
talent is looking at other industries, how can not real estate recruiters
position their firms as the workplace for promoting careers.?
To begin with, the sector mustIn such an environment, the biggest
challenge is how quickly you are able to move swiftly to,
headhuntapproach, and attract the candidates most qualified for
your roles.
Within this context, the traditional hiring process will be too rigid and
slow to not work because it is too slowrespond to the dynamic
demand of modern-day recruitment (Moise, 2021).
Instead, experts recommend f you want to be successful in hiring
technical individuals you need to embrace a new preemptive and fastpaced prompt approach where.
talent hunters are You need to anticipate openings so when you post
a role, you are well prepared to immediately reach out to candidates
someone that is qualified for the advertised vacanciesthe next day.
Also,One of the key challenges of real estate startups and mediumsized companies often cannot in attracting technical talent is
matching the benefits and standards offered by larger corporations.
To compensate for this gulf in perks offeredThus, these modest-sized
companies should sellbeing prepared to provide a really solid
experience to candidates; perhaps the prospects of a hospitable,
charming work environment can convince them to trade the cubicles
of that as a whole can compete with the package offered by the
larger corporations for startups’ workspacesis vital for being
successful in hiring technical individuals.
Work culture predicated on equity and inclusion isIt is also vital in the
tech sphere for talent attraction and retentionto talk to candidates
about equity and inclusion, as it has been traditionally an important
aspect in the technical space.
Finally, it is important to gauge the candidate’s perspective,
understanding, and technical skill sets from the outset.
This will allow you to move faster and focus on other aspects not
typically touched during the interview with the candidate.
How to approach and carry out the interview
Following a A structured interview process in terms of approaching
and carrying out the interviewscan resonate well with candidates and
allow you to with the best enlist the services of qualified technical
talent for your role can go a long way in managing to hire the
individuals you want. At this stage, approach is crucial.
Here are some key considerations.
First of all, determine the most importantkey qualifications and
attributes of the candidates would needthat matter most for thate
particular role.
Once you have clearly defined the key selection criteria, review the
submitted applications diligently and quicklyswiftly, and prepare the
short list of the most qualified candidates (Moise, 2021).
Still, Bbefore you proceed to the interviews, ensuremake sure that
there is no applicant with weak credentials and not body on that list
that you are not willing to really in contention consider for the
position.
HR experts also advise you Ggo into the interview with the
appropriate attitudemindset.
and foster a cordial, transparent atmosphere Your mindset should be
focused on creating an interview experience that will allowso the
candidate is comfortable and can to learn as much as possible about
your company.
You can achieve this by being very transparent and open from the
beginning of the interview.
Emphasize at the outset that they should feel comfortable asking
really tough questions at any point of the interview process.
FurthermoreAlways, throughout the conversation, ask the candidate
what feels right to them and what does no't, in order so you can to
communicate the level of transparency that prevails in the working
environment of your company.
This interview structure will allow you to more effectively
determineassess if what the candidate’s personalities and workplace
demands wants is aligned with your firmcompany’s goals and,
priorities, and aspirations.
TIn order to make such an assessment, you need to from the very
start to dive into the core values, priorities, and initiatives of your
company, and elaborate onwhat the working environment looks like
and feels like.
But you need to be very transparent and grounded in outlining to the
candidate what you believe in and stand for as a company.
It is very important to avoid having the candidate leave the interview
with false expectations about your company.
Also, Aavoid exaggerations or vagueness; applicants appreciateand
very abstract concepts and be a realistic description of the when you
describe the work cultureing environment in your company.
By being transparent and realistic in terms of what your company
stands for and how you work together as a team and a community,
Pursuing this approach will fillensure that the candidate with feels
confidencet about what it i's like to work at your company and
whether their authenticity will be celebrated or reined in.
They will also feel confident that they can be their true self at work.
Finally, ensure that they walk away really confident in your company’s
work and future trajectory.
In our experience, ensuring potential employees have a crystallized
perception of their responsibilities and the work environment can
improve a company’s image among job seekers starting out and those
with several years’ experience under their beltby carrying the
interview along these lines, you will be surprised to hear that they’ve
never had a conversation like this with a recruiter.
What to look for
The key elements to appraisethat you need to look for when
interviewing technical individuals are competence and good culture
fit.
In ascertaining cCompetence evaluation starts with , you need to first
identifying certain criticalkey skills, attributes, and knowledge for the
particular role and ensuringe that the candidate’s responses provide a
satisfactory validation of those skills and qualifications.
Smaller companies and startups need to take some time to consider
the required competencies, and what questions to ask in order to
validate these at the interview (Burnaby-Atkins, 2021).
AssessingValidating culture fit, on the other hand, may be more
trickiery. Nevertheless, but in our experience, you should be able to
validate a good culture fit, estimating this is possible if there's a clear
sense of connection and alignment of tech applicants’ their personal
core values align with your firm’s the core values of our company.
Finally, it is important to look for some confirmation that you can
build a relationship and rapport with the candidate, which is a
necessary element in order to enable them him/her to actively be a
part of your company.
Conclusion
Nowadays, commercial real estate
companies, especially startups, are facing
new recruitment challenges whose scope
exceeds the application of traditional
processes. Unfortunately, organizations in
other industries have deployed flexible
recruitment steps to attract tech
candidates. This tussle has made hHiring technical
individuals in today’s environment has become as competitive as ever.
Commercial real estate companies, especially start ups, are facing
new challenges that make traditional processes ineffective.
That said, Bbeing proactive and prepared in terms of what to focus
on, how to approach and carry the interview, and what to look for
during the interview can swing the balance in your favor and ensure
yougo a long way in hireing the most qualified technical individuals
for your company.