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Working in Real Estate

How have real estate organisations adapted to modern ways of working and how beneficial have these changes been? What do professionals most value at work? How likely are they to switch employer?

 

Working in Real Estate Key Findings

17%

of professionals feel that flexible working has had a negative impact on their career development

1 in 2

real estate professionals say they will likely move jobs in the next 12 months

Workplace Culture Fit

and company reputation/values is chosen by over half of respondents as the top ranking factor when seeking a new role

Number of days a week mandated in the office, by region

Hybrid working in the office 3-4 days of the week is the most popular method of flexible working in real estate.

Impact of working from home / hybrid working has had on career development, by region

Globally, the majority of those in real estate think flexible working has no impact on their career development.

Impact of working from home / hybrid working has had on career development, by seniority

Those starting out in their careers are the most negatively impacted by flexible working.

Likelihood of moving jobs in the next 12 months, by region, employer type, seniority and gender

Those that work in tech, those at entry level and women are more likely to want to seek a new employer in 2024.

Current role: Most important ranked factors, by region, seniority and gender

MD / C Suite-level professionals highly value having the ability to make a difference in their current role. Women value their employer's current flexible working location and hours, whilst men value all round work-life balance.

New role: Most important ranked factors, by region, seniority and gender

When seeking a new role, fitting in with an employer's workplace culture and their values/reputation is high on the agenda, particularly for senior and female professionals.

How real estate professionals found their current role, by region

Opportunities in real estate remain commonly found by networking, though getting headhunted and using a recruitment agency is a growing method.

How real estate professionals found their current role, by seniority and demographic

The more senior, the more likely to come across new opportunities within a personal network. For female professionals, they are more likely to utilise a recruitment agency.

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