Inside Scoop On Careers In Real Estate

The results of a recent survey on hiring and retention practices among real estate firms were released during the ULI fall meeting in Las Vegas. The survey found that while the "old boy" network of inside referrals when making hiring decisions still thrives, a rapidly developing "old girl" network is helping to broaden opportunities for women. The study also found that academic training ranked lower among employers as a hiring prerequisite than drive and sound business judgment... There is a disconnect between what real estate companies believe they are providing as career advancement tools and what their employees are actually receiving and using, according to an industry survey released this week by the Urban Land Institute (ULI) and Equinox Partners, a specialist in human capital for the real estate industry. The areas in which the largest discrepancies were found came in the perceived-versus-actual delivery of ongoing training, formal career development paths, and in compensation and motivation plans.