Here's how you can spot and nurture talent in your Commercial Real Estate team.

1 Spotting Talent

To spot talent in your Commercial Real Estate team, look for individuals who show a keen interest in the industry beyond their assigned tasks. These are the team members who bring fresh ideas to the table, take initiative to learn more about market trends, and demonstrate an understanding of the economic factors that influence property values. They often go above and beyond, showing a willingness to take on new challenges and a commitment to professional development. Encouraging an environment where these traits are recognized and rewarded sets the stage for talent to emerge and flourish.

4 Building Networks

Networking is a vital skill in Commercial Real Estate, so encourage your team members to build and maintain professional relationships within the industry. Support their participation in networking events, associations, and online forums where they can connect with peers, mentors, and industry leaders. These connections can provide valuable insights, opportunities for collaboration, and exposure to different perspectives that can enhance their understanding of the CRE market.

6 Balancing Skills

While nurturing talent within your CRE team, it's important to maintain a balance of skills across the group. Ensure that while some members excel in sales and negotiation, others are adept at analysis and market research. This diversity of expertise allows for a well-rounded team capable of tackling various aspects of the industry. Encourage cross-training and collaboration to share knowledge and skills, which can lead to a more cohesive and effective team.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?