Get Those Résumés Ready!

We’re on the verge of another hiring boom in real estate, reports The Bachrach Group managing director Chris Papa (right, with Allan Ageman, Michelle Tomsia, Richard Bachrach, Alexandra Roth, and Jordan Shapiro). Across the board, firms are looking for analysts andassociates after staffing cuts forced more senior-level employees to take on some of these responsibilities. Around April, expect more moves in the VP level and above—clients were just getting used to not having to give bonuses and salary bumps, he says. But if they want to retain top talent, they’ll have to bring these perks to proper levels. “They can’t rest on their laurels anymore,” he warns. Even though the firm has been national for a few years, the activity has persuaded The Bachrach Group to open an office in San Franciscoto provide real estate executive search and recruiting services to the western portion of the US and Canada. The new office opens next week, and we can expect further branch expansion in the Tri-Statearea, Chris says.

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