Bullpen

5 steps to courting candidates in an interview process ... number 4 isn't intuitive. 1. Plan the interview process, tell the candidate what it is, and stick to it. I recommend keeping it to 4 steps or less. 2. Sandwich technical components of the interview with team interviews. 3. Be personable, be kind. 4. Build in courting interviews - the objective is to sell the candidate on the opportunity. 5. Stick to the clock. We had a candidate pass on a role because a 30-minute interview turned into 2 hours … don’t do this.

Here's a taste of what we've worked on this year so far - we have several more placements at the offer stage - nice work Oliver Nielsen Andrea Gordon, SHRM-SCP Max Shedlosky!

Lots of wins for our clients and team in the first half of this year!

THE secret to making a great first hire ... I've had a lot of great conversations recently about building development teams. Here's the TLDR; Your first hire will be either an analyst or project manager - the key is to hire for your weakness. Your 2nd hire will likely be an accountant to manage bank draws and project accounting. 3rd hire? Either an analyst (if you didn't hire one already) or an asset manager to support stabilized portfolio assets. Not included in the video - as the Principal, you will likely own fundraising for quite a while.

A snapshot of a residential REIT's total development cost per unit by market Great data in Bullpen's "The Weekly Warmup" by Tyler Kastelberg about REIT development cost. Below is an analysis of AVB's average estimated development cost per unit by geography

One of our friends called Bullpen an "insane machine" today - I've never had such a good compliment. :) This insane machine is looking to hire 2 additional account managers! A few things I can promise when you build your business at Bullpen: 1) You'll receive a ton of exposure and inbound leads (ask Oliver) 2) You'll have the best commission splits in recruiting 3) You'll receive best-in-class tools to run your business DM me or email careers@bullpenre.com with interest!

New York City real estate acquisition professionals are hurting - but it's created a once-in-a-decade opportunity. Why? - layoffs - fraud - stress Examples: Nightingale lost nearly all of their talent when the fraud came to light. Deal volume is low - high performers are looking for firms that are doing deals. If you have a winning strategy in today's market, there is no time like now to build an acquisitions team with skilled, industry veterans. Comment below - who is hiring in acquisitions?

Two great roles on our docket this Friday - apply via LinkedIn if you're interested!

We're working on two full-time asset manager positions: 1) Asset Manager / Acquisitions for a market-rate multifamily investor based in Arizona [remote ok] 2) VP of Asset Management for an affordable multifamily investor/developer based in Seattle Drop me a note or apply to them via our company page Bullpen