Barbara Corcoran may be the most well-known female commercial real estate developer of the day. Made even more famous for her ongoing stint on ABC’s Shark Tank, she’s become a heroine and example for many women looking to join the real estate industry as investors and developers. Women in real estate and construction development are smartly banding together to maximize their impact on the industry.
By expanding the labor force, enhancing their presence in executive and leadership roles, and refusing to take a back seat to their male peers, women help build the future of real estate. Here are three additional, important ways women are taking charge of the future for themselves and upcoming developers.
- Women can offer each other a level of support they cannot find elsewhere. Real estate development has its own set of challenges and trials. Being a woman in this field has an entirely different connotation. An understanding ear, a nudge in the right direction, and the blazing of new trails cannot come from a better source than a female colleague.
- Women can show up-and-coming women the right avenues to take. They’re uniquely equipped to collaborate and point other women in the right directions down the right roads. When you’ve navigated a particular obstacle, gender bias, or unequal hiring opportunity, you make the road easier for the women who follow in your footsteps.
- Women – whether on the job site, in the office, or in the construction tech space – have the power to reshape the construction industry. Whole organizations are emerging to reshape the construction horizon. When women band together, they become a force to be reckoned with. By helping each other, women help change the industry for the better.
As the real estate and construction industry battle their way through an employee drought, the doors are swinging open for women. As women courageously take on greater roles, they change the perception of gender in the industry and erase the notion that women have no place. Instead, they create a space for themselves, then create a space for each other.
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