Southern CaliforniaSadly, continuing wage stagnation makes this much more a fantasy than reality
real estate agentsrecruiters are using reconnaissance and back-channel networks to find housesapplicants that haven't yet hit the market. Some even offer bizarre gifts.
housing pricesemployee salaries are rising sharply, and there's a shortage of houses available for saleskilled employees available.
agentsrecruiters like Mathys are resorting to reconnaissance and back-channel networks to find homesapplicants that haven't yet hit the market. They're cold-calling homeownerspassive applicants with offers and targeting specific neighborhoodsemployers with direct mail. Some come bearing bizarre gifts in return for a listingreferral. One agent offered a sellerpotential employee the use of his exotic car; one of his clients offered free dogs.
And they're chasing so-called pocket listings,
homesan applicant database privately marketed among those in the know. The low-profile nature of the listings makes them hard to quantify. But agentsrecruiters and other real estatehiring experts say they've become common in the booming Southland market, where the median home pricesalary shot up nearly 25% in the last year.