Real estate agents and developers in Hawaii are not exactly in a rush to hire, but they’re not waiting for a flood of applicants.
So far, there are at least 2,000 openings in Hawaii, according to a recent survey.
That number will grow, but that’s a far cry from the days when only about 10 percent of the nation’s 1.5 million-plus job openings were open to those looking to build homes.
It’s the job that many are willing to take.
The number of vacancies is actually down from the peak of more than 3,000 last spring, but the jobs are still there, says Josh Ewing, director of the Hawaii Institute of Technology’s Real Estate Career Institute.
“This is not a sign that things are slowing down,” he says.
But in some ways, the shortage is understandable.
Hawaii’s population is aging and has more than doubled in the past 15 years.
The island has also been hit hard by the economic recession.
The housing market in Hawaii has been especially hard hit, and the unemployment rate in the state has risen sharply.
“I think this is a good time for people to take advantage of the market,” says Dan Shuman, executive director of real estate services for HHI.
Shuman says he is seeing an uptick in inquiries.
“The demand is great,” he adds.
But there are still a few things you should know about the job market.
First, you can still apply for jobs, but not until February.
The agency must receive a response within 15 days.
Second, the vacancy rate has stayed relatively steady, at about 3.3 percent, according with the Hawaii Department of Workforce Development.
Third, most people who apply for a new job in Hawaii won’t be offered one.
Still, there is a few exceptions.
There is a vacancy for “part time” employees who work part time in Hawaii and are required to submit a 30-page statement.
A few agencies also require workers to have a certain amount of experience before they can take the job.
For instance, there’s a requirement that you have “a bachelor’s degree or higher.”
A person with a Bachelor’s degree, and those with a higher education, are eligible to apply.
You can also apply for one of the other types of jobs available.
The Department of Labor is offering a “technical position” to help people get into their dream jobs.
Those with no more than four years of work experience can get a job in “a professional or technical position.”
But there’s no guarantee you’ll get one.
“Some people may get the position because of the shortage of qualified applicants,” says Shuman.
But if you’re thinking about applying, it’s worth noting that your resume should be a good fit for the job, he says, adding that your experience might be the only way to find a job.
“You can look for a good match for the position and you’ll be more likely to find that match,” says Ewing.
You’ll need to prove that you can meet the agency’s minimum qualifications, such as a high school diploma and a GED.
The HHI Career Institute estimates the minimum qualification for this job is about a B.S. in an economics or business major, but many agencies also have the option of going for an M.A. degree.
“If you have a good college degree, it may help you find the right position,” says Mark Smith, president of the HHI Institute.
The job can be an interesting experience, but it’s a high-pressure job.
If you are a student who wants to go into real estate and wants to get into a field you can actually do good in, it can be rewarding, says Smith.
But don’t think you’ll just sit around all day looking for work.
“There’s a lot of pressure on a lot people in the industry to get a high rating,” he notes.
And it can also be a tough challenge for some to find the time to actually do it.
“They have a lot to think about,” says Smith, who has worked at the Hawaii office of PricewaterhouseCoopers and also runs a real estate consulting firm.
“Most people will have to make sacrifices, and that’s fine.”
You can apply for any type of job in the real estate industry, but there are some exceptions.
Shubhanna Kipnis, a member of the Board of Directors for the Hawaii Association of Realtors, says it’s important to note that real estate agents are not looking for students or students of all ages.
“In fact, we’re not recruiting anyone under the age of 18,” she says.
“So, we are not hiring anyone under age 25.
So, our recruitment process is very much geared toward the younger generation.”
But Kipis says many real estate companies also want to recruit the very best and brightest.
“We’re really looking for people who are at the top of their game