Meet the Oklahoma City CREW Crew
When it comes to residential real estate, women dominate the field. Commercial real estate, on the other hand, is a much different story. One Oklahoma group, Commercial Real Estate Women(CREW) Oklahoma City, aims to change that.
Founded in 1989, CREW is an international organization that aims to help women advance in the real estate industry. Over time, it’s become a network of over 12,000 members who specialize in many aspects of commercial real estate. From business development support to networking, joining CREW is highly recommended for women looking to help change the face of commercial real estate as they’re dedicated to improving equality in this industry.
Who Are the Women of CREW OKC?
Founded in June 2016 by Sally Hasenfratz, the director of the Phillips Murrah law firm and a real estate attorney, and Julie Kriegel, a vice president at Wiggin Properties LLC, the CREW OKC group brings together over 50 women who work in the commercial real estate industry. Traditionally, commercial real estate has been a male-dominated field with men representing more than 60% of the industry.
"We're pretty proud of the board members. We've got a stellar group," Hasenfratz, who also used to be a CREW member in Kansas, told the Oklahoman.
Of course, don’t take our word for it; why not hear Hasenfratz and Wiggins speak about their chapter?
Currently, the president of CREW OKC is Kristin Killgore. Killgore is a structural engineer by trade but has stepped into leadership roles both with her main employer, an architectural/engineering firm, and with CREW OKC. Follow her on LinkedIn or get in touch with other board members by visiting CREW OKC Online.
Women and Real Estate
In the United States, ~67.0% of all residential real estate agents are women. However, it wasn’t always that way. Women have played an essential role in the industry as early as 1794, but it wasn’t until the early 1950s that women began to equalize the field.
Even in today’s larger, more-inclusive industry, there’s a lot of work left to be done. Women only make up 36.7% of the commercial real estate industry — a figure that’s remained stagnant for the past 15+ years.
The CREW 2020 Benchmark Study Report also notes that women in commercial real estate earn approximately 10.2% less than their male counterparts, and the commission and bonus gap remains staggering at 55.9%. Still, progress is being made. CREW’s 2020 Benchmark Study on gender bias in the industry saw a “5.4% increase in female respondents 39 years old and younger, indicating a growing generation of young and emerging women professionals in commercial real estate.” In other words, there are a greater number of younger women entering the field than ever before and they, like the CREW OKC crew, have their sights set high.