See Why Joining CREW D.C. Is a Great Career Move
A recent report on women in the commercial real estate (CRE) industry has revealed a significant gender imbalance.Currently, women occupy only 37% of the commercial real estate industry. This percentage has not changed much over the last 15 years, and women continue to earn less than men. In 2020, the fixed salary gap between genders was 10%, and the commission and bonus gap within CRE is a staggering 56%. Lastly, there continue to be barriers for women regarding top positions at their companies compared to men. Women still hold just 9% of C-suite positions in commercial real estate. With these sobering facts and figures, many women may wonder if they should skip out on this lucrative industry altogether. The answer is a firm and resounding no.
Luckily, there are professional organizations like Commercial Real Estate Women (or CREW) dedicated to helping women break into and stay happy within this male-dominated industry.
Why CREW D.C.?
Established in 1979 and a founding member of the CREW Network, CREW D.C. is a membership organization promoting business networking, leadership development, professional relationships, career outreach, and industry research in the D.C. Metro area for women in commercial real estate. Their mission is to advance the careers of women in the industry and to curate a supportive community in the process.
CREW D.C. is transforming commercial real estate by supporting and advancing women’s careers in the industry through in-person and virtual events, committees, task forces, and exclusive programs available only to members. CREW’s network of high-achieving professionals represents all aspects of commercial real estate, providing a breadth of knowledge for women to succeed in a variety of niches within the sector.
CREW D.C. offers its community benefits to help their members advance in their careers, including opportunities for women in the organization to run committees on education, social outreach, charity, and membership recruitment. Potential members can look forward to these top benefits:
- 75+ markets
- 12,000 members globally
- 76% members hold senior leadership roles
- 72% refer others to join the organization
- Access to professionals in all niches of CRE
- Professional resources, including webinars, blogs, and networking events
Why Is Equality Important in Commercial Real Estate?
Besides following a basic moral code and being a good human being, there are a host of reasons why companies need to adopt more equality among genders and ethnicities. Companies in the top 25% for gender diversity are 15% more likely to have financial returns above their industry medians. Innovation is also six times higher at companies with the most equal workplace cultures. It’s clear that including women at every level of a company is a no-brainer if you want to build a company that will grow and outperform competitors.
Join CREW D.C. Today
As a member of CREW D.C. and the CREW Network, you will advance your own career while supporting the success of all women in the industry. CREW D.C. embraces their mission to influence and transform commercial real estate through the advancement of women, and they invite you to support the cause.
Follow the link to CREW D.C.’s application page and join today!