NEW YORK, Oct. 28, 2021 /PRNewswire/ — Savills announced that it expanded its Junior Broker Development Program (JBDP) to three additional markets in the US, doubling down on its commitment to recruit, train, and invest in the next generation of Savills associate brokers. Also, for the first time, the global real estate advisory firm opened the program to existing, non-brokerage employees in North America interested in sales, consulting, or complementary roles.
During its inaugural 2020 class, Savills selected eight young professionals in New York City and two in Washington, DC, to participate in the 15-month salaried rotational program, which provided recent college graduates the opportunity to advance their commercial real estate careers. Of the 10 participants, 90% were women or from racially diverse backgrounds. Today, 100% of the candidates who completed the program are now working in full-time positions for the company.
“Having colleagues with different perspectives and lived experiences at the decision-making table is crucial to the vitality of our firm and the future of our industry,” said Mitchell E. Rudin, chairman and CEO, Savills North America. “By expanding the Junior Broker Development Program, we are working to create substantive changes that will open up opportunities for young women and minority groups to enter the industry with equal and equitable chances for success.”
This year’s JBDP class has 11 participants across Chicago, Houston, Los Angeles, New York, and Washington. Each will have the opportunity to rotate across several of the firm’s service lines, including brokerage, research, cross-border tenant advisory, industrial services, capital markets, portfolio solutions, consulting, workplace strategy, business development, and client technology solutions. Click to read more at www.inforney.com.