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Real Estate Hiring Trends Survey Report Reveals Positive Outlook for 2017

Wednesday, February 15, 2017  
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According to the newly released 2017 SelectLeaders Hiring Trends Survey Report, 71 percent of real estate professionals and employers surveyed reported their real estate company’s revenue grew in 2016, with 41 percent reporting revenue growth of at least 10 percent over 2015. However, more than half reported their companies did not hire additional workers in 2016, and 22 percent said they had decreased the number of staff in their organizations. This may have been the consequence of companies awaiting the results of the U.S. elections before making personnel decisions.

If the economy continues to improve, as it is projected to do, the need for additional talent may drive compensation even higher in 2017. Fourteen percent of respondents reported a 20 percent increase in compensation, while another 15 percent received an increase of more than 10 percent. Seventy percent expect their compensation to increase in 2017.

Read the full report on the BOMA International Career Center.

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