June 29, 2016
In this executive Q&A, Kent Elliott, principal at RETS Associates, a leading national real estate recruiting firm, and Jerry Yahr, managing principal at The Koll Company, an industry-leading real estate development and operating company, discuss why The Koll Company enlisted the expertise of a recruiting firm following years of proprietary hiring initiatives. Yahr details the company’s most recent hire, the search process, and his perspective on California’s hiring market.
Kent Elliott (KE): What inspired you to leverage the expertise of a recruiter for your recent search?
Jerry Yahr (JY): We sought a recruiting partner because the hiring environment in the Bay Area is very competitive. Overall, commercial real estate is very strong and exhibits a low unemployment rate – about half that of California’s overall unemployment rate. Our strongest relationships are based in Southern California and therefore we recognized the need to leverage a recruiting partner that could broadly cover the surrounding market to find our ideal candidate. We selected RETS Associates because the principals have deep, first-hand commercial real estate experience and really know the ins and outs of the industry. In fact, I have known the principals for more than 20 years and knew that we could benefit from leveraging their real estate services backgrounds. The knowledge of real estate operations and other extensive industry relationships presented an opportunity that was sure to deliver top talent.