5 Tips for Emerging Professionals in the Commercial Real Estate Field
BOMA's 2024 Rising Stars share their top tips for emerging professionals in the commercial real estate field. These 5 expert tips will help you thrive, from networking effectively to mastering industry skills.
Take Advantage of All Educational Opportunities
Allison Davis – TMG Partners: Based on what I’ve learned from my career, the advice that I would give to any emerging professional is to take advantage of all educational opportunities. The CRE world is rapidly changing and it’s important to stay on top of industry trends and best practices. Also, try to attend BOMA events and network as much as possible, many opportunities in CRE arise through referrals and connections within the industry.
Actively Seek Mentorship
Brenna Gomez – Bio Med Realty: The advice I would give to emerging professionals in commercial real estate is to actively seek mentorship and build a strong network within the industry, as these connections can provide valuable guidance and opportunities. Stay informed about industry trends and continuously pursue education to enhance your expertise. Finally, get involved in professional organizations like BOMA to gain experience, develop leadership skills and contribute to the community.
Feel Empowered to Put Yourself Out There
Patrick Hennessy – CBRE: The advice I would give to emerging professionals in commercial real estate is that they feel empowered and inspired to get exposure to as many things as possible. Exposure to what’s all out there can readily increase retention, individual satisfaction, and team performance. It’s thus in everyone’s best interest to spotlight market availabilities and take advantage of available opportunity. Tied to that, don’t be subtle in what you wish to ask for, or have questions about. Like any relationship, trust and familiarity will build over time, such that your teammates can read you more naturally without having to be quite as explicit. Ultimately though, it’s only ourselves that are in our heads. And what could feel obvious to you could be easily missed by even the most earnest and empathetic colleague. If you need time off, ask for it. If you want training on a job duty, ask for it. If you want to attend a BOMA event, ask to do so. Ask, ask, ask!
Accept Constructive Criticism
Kathleen Morgan – Lincoln Property Company: My advice to emerging professionals in the commercial real estate field is to seek out a mentor (or multiple mentors) to guide you on your journey. Be willing to accept constructive criticism and learn from others. Don’t be afraid to make your voice heard. When you have an idea, share it confidently. If you’re passionate about something, make sure people know it. Speaking up and seeking guidance are key steps towards achieving your goals.
Expand Your Perspective
Jack Sesto – ABM: My advice to emerging professionals looking for enrichment and fulfillment in their career is: this is the place to be. Beyond that, find programs and leadership opportunities that don’t only serve your own career and interests. It is so important to expand your perspective, skills and entrench yourself in different facets of CRE, as you’ll understand clients, teammates and leaders better in every way, all while making a difference.