As a provider of freelance talent to commercial real estate companies, we collect a large volume of data on talent pricing dynamics, supply and demand across the entire industry. This has allowed us to develop a comprehensive picture of pricing trends with a high degree of granularity.
In our new report, CRE Freelance Rate Trends, we share some of the biggest takeaways from this universe of pricing information.
Here are a few highlight observations from our data.
Freelancers with deep expertise in niche property types command higher rates
While niche property types like marinas, parking lots, and life sciences tend to see fewer jobs than more mainstream asset types, the small number of qualified freelancers operating in these niches gives them a lot of pricing power.
High demand for analysts
Our data includes many types of real estate roles, from asset managers and analysts to marketing, investor relations, and development managers. Across all of them, it is analysts that tend to command the highest pricing.
Development, capital markets, and brokerage analysts are our data’s three highest-paid roles, with acquisitions analysts also pricing out higher than the median rate.
Barring outliers, a relatively small, even distribution of pricing
Despite covering a very wide range of roles and property types, we nonetheless see a relatively tight distribution of pricing across the board.
The max deviation for any type of freelance role is around 30 percent from median, while the max deviation by property type is around 40 percent. However, those particularly high property types are niche products like marinas, life sciences buildings, and parking lots, which represent a relatively small percentage of total hiring.
These are just a few of the insights we were able to gain by analyzing our pricing data. For the rest of our conclusions, access the full report above.