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Principal and Founder of CRE Recruiting, Allison Weiss, Presents at Virtual UW REC Meeting

Posted By Paige Riemann, Thursday, April 30, 2020


 

Even though the Real Estate Club cannot meet for the rest of the semester due to COVID-19, they were able to get together last Thursday for a webinar on Zoom. On the call, Allison Weiss, Principal and Founder for CRE Recruiting spoke with the Club. Ms. Weiss has over 10 years of experience, and in 2019 she started CRE Recruiting, a firm that specializes in commercial real estate placement. She shared information on the current commercial real estate job market and advice for students who are seeking jobs.

 

Ms. Weiss started by sharing statistics on the labor market. One surprising statistic is that between March 15, 2020 and April 16, 2020 over 22 million Americans were unemployed. For some perspective, she stated there were about 22.8 million job gains made since the financial crisis in 2008-2009. She added that CBRE’s The Weekly Take predicts it will take anywhere between 24-30 months to recover. As of now, it is unclear how the real estate job market will be affected. Currently CRE Recruiting is conducting a survey of the industry to find more information. Please consider taking the survey if you are a real estate professional or student, it can be found here.  

 

She predicts that COVID-19 will greatly affect the office space market. Some people will continue to work from home, which will result in companies looking for smaller footprints in office space. She also thinks there will be a huge emphasis on hygienic spaces in the workplace and an increased role in technology moving forward.

 

When talking with the students about how to proceed in searching for jobs, she emphasized the importance of goal setting. She described the benefits of having both short term (30 days, 60 days) and long term (1 year, 3 year, 10 year) goals that reflect your core values. She used the term "mind the gap" to describe being mindful of your weaknesses when chasing your goals. She told the group to check into free online training to improve upon needed real estate skills.

 

With the current uncertainty, Ms. Weiss explained the importance of building relationships virtually. She first stressed the usefulness of a LinkedIn account. While it is easy to get in the pattern of just scrolling on LinkedIn, Ms. Weiss recommends setting goals on LinkedIn to make the most of your time. For example, setting a goal of posting once a week, making three connections, and commenting on two posts.  She said that it is important to look at how every connection can be mutually beneficial.

 

When searching for a job, it is important to differentiate yourself. She advised students to ask great questions, be positive, add value, and creatively use media. Another way to set yourself apart is to be aware of what is going on in the world. Her tip is to set up Google alerts for the topics that interest you the most. With school, it can be difficult to find the time to job search, so she suggested booking the time into your schedule. She also explained the value of having an accountability partner or recruiter.

 

Lastly, she talked about the importance of utilizing an alumni network. She recommended scheduling virtual coffee dates to stay in contact with alumni. She also suggested that one of the best ways to make the most of your alumni network is to be a leader and to volunteer to plan upcoming events.

 

Many thanks to Ms. Weiss for sharing her expertise on the current job market and providing job search tips to the Real Estate Club students. Especially in this time of uncertainty, her advice resonated with many members of the REC. The quote from actor Gregory Peck that she shared in her presentation, also provided hope: “Tough times don’t last. Tough people do”.

 


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