The Real Estate Industry in the Time of COVID-19​

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How COVID-19 Impacted the Real Estate Market
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• When we say real estate, the first thing that
  comes to mind is our houses. So, naturally, we
  pay quite a premium for the four walls
  surrounding and protecting us from the harsh
  elements. 
• And thats only a portion of what commercial real
  estate is. Because you see, it could be a
  building, lot, or houseits every property as
  long as the real estate in question earns a
  profit.

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• Commercial real estate owners find ways to
  maximize their properties by not limiting
  themselves to a family dwelling. Instead, many
  opted to convert their buildings into office
  spaces, retail spaces, hotels, or resorts. In the
  pandemic, some even developed healthcare
  facilities which also helped ease the shortage of
  such space.
• Now that weve mentioned it, did the pandemic
  also pose debilitating real estate problems? What
  is the economic health of real estate?

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The Real Estate Industry in the Time of COVID-19

• Despite the hefty price tags often associated
  with real estate, theres no slowing down such an
  industry, especially when it has become essential
  to call a place home during the lockdowns.
• In the early days of COVID-19, there were a lot
  of restrictions, particularly on mobility and
  distancing. Since its a highly contagious
  disease, health officials wanted us all to stay
  safely tucked at home.

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• Work even adjusted, and we began teleworking.
  What would have been a short-term quarantine
  quickly became our new normal the need to stay
  at home highlighted the importance of having
  one. 
• The real estate market thrived whether looking to
  upgrade, own, or rent. A house that fits the
  ideal home and workspace is the utmost priority
  for house hunters.
• If theres one thing new about the whole industry
  amid the pandemic, its that people are clamoring
  for more options
• The demands used to be simple people look for a
  house near their workplace, in the city center,
  within good schools, etc.
• But as life now revolves around home, these
  demands are out of the window. Many property
  hunters now keep an eye out on areas that werent
  convenient before.
• It seems like there isnt a problem with the
  industry per se, but you see, the challenge is an
  internal one. Firms find it difficult to hire and
  retain rockstar staff.

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Can an Executive Search Company for Real Estate
Help You Out?

• Many recruiters dubbed the mass exodus away from
  jobs as The Great Resignation it also hit the
  real estate industry. These resignations made it
  difficult for firms to find and hire A-players to
  help them reach and break sales goals.
• Tapping the service of an executive search
  company for real estate may provide the
  employment solutions real estate firms are in
  dire need of.
• The firm gets instant access to an expanded pool
  of quality candidates through these experts,
  therefore, fast-tracking the hiring process. They
  can also select from the cream of the crophiring
  a high-quality candidate can lead the firm to
  generate more sales and success.

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