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Why Hire an Executive Search Firm for Real Estate and Construction

Deal and Deals Pvt Ltd is a real estate agency in Islamabad.

By dealanddeals. pkPublished 3 years ago 5 min read
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Hiring the best of the best professional candidates for your real estate and construction projects is not only a challenge itself but rather an open - ended process that would have a huge impact on your bottom line if qualified and professional candidates are not identified timely. The trick is to not just find candidates but find qualified professional candidates with the proper skillset.

Hence, executive search firms for real estate and constructions are considered to be highly valuable and appreciated for your real estate business. Hunting a candidate that is perfectly fit for the job can be stressful as well as time consuming as the process sometimes gets too lengthy it feels like a never ending process and your time and resources are treasured.

In this article we have discussed why hiring an executive search firm for real estate and construction is essential.

Time Is of Essence

By hiring an executive search firm, you’ll be saving your precious time. All your placements and recruitments would be done by the executive search firm. The search firm will place and run advertisements on your behalf and instead of you or your staff, the executive search firm would itself manage and sift through all the resumes even the inapplicable ones while allowing you and your staff to entirely focus on the business of doing business.

For example, Capital Smart City development charges are already high. If supposedly, the developmental time period takes more than the estimated time period given by HRL and FDHL then the Capital Smart City development charges would spike up which would in turn won’t be favorable for the developers as well as the sponsors.

Hence, with the right executive search firm, HRL and FDHL can effectively and efficiently focus on the developmental process of Capital Smart City Islamabad rather than burning their manpower over recruiting the right candidates.

Specialization

Real estate industry and real estate property management industry, both are highly specialized industries and not just anyone could fit into a role within a real estate organization. Executive search firms in the real estate and construction industry are specialists of the real estate industry, hence know your requirements and in turn provide you with not just any candidate but rather with a candidate who is highly experienced and capable.

For example, if Vision Group developers of Park View City Islamabad, does not have a capable representative or a spokesperson, then the real estate industry would not be effectively and proactively informed with Park View City Islamabad’s latest news and developments.

Therefore, hiring the right executive search firm is necessary for real estate organizations.

Existing Network

Top notch real estate executive search firms have their own existing pool or network of talent. Their talent pool comprises not only active candidates but also passive candidates as well and these candidates are tried, tested and analyzed by the executive search firm initially and then are further recommended to real estate organizations.

Recruiting Expertise

Recruitment is a field that requires expertise as well as specialization. Whether your real estate organization have a giant Human Resource department or simply a few hiring managers but the working staff can only excel at on-boarding and training a new employee instead of hunting down an experienced professional. Therefore, hiring an executive search firm would lessen the stress from your staff and without any sufferings to your real estate business, you would be able to recruit highly experienced professionals. Because executive search firms have multiple huge pools and databases of talent. They are experienced professionals who can determine the candidates’ caliber by conducting specific tests and interviews. Usually, candidates’ lie about their skill sets and experiences. That's where executive search firms come handy as they are experienced professionals who can determine whether a candidate is lying about his / her experience and skillset or not. Moreover, It takes years of experience to break through all the padding in order to experience a skill set a candidate actually possesses.

Access to Best Candidates

As the executive search firm has its own extensive network and pool of talent, therefore, they already are in touch with the people you want to have onboard. Executive search firms have already done the hard work for you. They are already aware of the people who are the perfect fit for your job opening. Moreover, executive search firms not only have active candidates on their database but also passive candidates as well who are already working in the industry and if need be, they can convince those passive candidates to consider a new job opening.

Cost Effective

Hiring a real estate executive search firm would not only help you in the short term, but would be beneficial long term as well.

Short term cost effectiveness can be explained as, by hiring a real estate executive firm you will save finances as you won’t be either placing hiring advertisements or your staff won’t be spending their valuable time in interviewing and recruiting candidates and in turn would ultimately save valuable time and financial resources as well.

In the long term, hiring an executive search firm saves your financial resources big time. Why? Because, it’s not necessary that you get the perfect or the right fit at the first time. Hence, all the resources that were utilized in the training and development of the candidate go to waste. Therefore, when you hire an executive search firm all these factors are eliminated and you can entirely focus on your business.

For example, the Lahore Smart City Project is already a high budget real estate project and hence, they need to make the project as cost effective as possible. Therefore, Lahore Smart City Project never runs hiring or job opening advertisements but rather they run promotional ad campaigns whenever there is a major happening in the developmental phase of Lahore Smart City Project. Currently, heavy machinery came to Lahore Smart City project site, marking the initiation of the developmental or construction phase of Lahore Smart City project and with that event Lahore Smart City is proactively running advertisement campaigns on the electronic media.

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