The real estate industry is experiencing a digital skills gap. There is a disparity between the skills and knowledge that employees possess and those required to thrive in a digital-first economy.
Real estate businesses have become reliant on complex data to inform decision-making and strategic planning, especially as the commercial real estate sector continues to feel the effects of the pandemic and residential sales decline. Many organizations in the industry also benefit from software that centralizes invoice and payment tracking.
Upskilling programs are one of the most compelling ways to bridge the digital skills gap. These programs can take many forms, including online courses, in-person training and on-the job learning. By investing in upskilling programs, organizations can help their employees develop the skills they need to succeed in a digitized workplace.
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