Real estate was a masculine landscape with no representation of women. Historically, the real estate industry was largely male-dominated and women only started becoming agents and brokers in the late 1800s. Compared to a few decades ago, the number of women in real estate has significantly increased in the 21st century.
Women are breaking through the glass ceiling in the RE sector more than ever before. Many women around the world have successful careers in the real estate field, holding roles from realtors to brokers to property managers to developers. Among the top influential women in real estate include Barbara Corcoran, Wu Yajun, Dottie Herman, Jane Goldman, Yugti Nagpal, and Ayesha Aqeel Dhedhi. Women continue redefining the real estate industry landscape, proving that talent knows no gender. This article delves into the achievements, experiences, and contributions of women who have paved the way for success in real estate.
1) Barbara Corcoran: the Shark Tank investor
Barbara Corcoran is the cofounder of “The Corcoran Group”, which is one of the most prominent brokerage groups in New York City. Already a highly successful businesswoman, Corcoran became a celebrity outside of the real estate industry when she appeared on the TV show “Shark Tank,” where she became known for her shrewd estimations of potential powerhouse products.
2) Wu Yajun: the world’s richest self-made woman
We Yajun has the incredible distinction of being the world’s richest self-made woman. Back in 1995, she founded “Real Estate Company” with her husband, which was later renamed to “Long for Properties” when she took the helm as CEO in 2005. It remains a wildly successful company that has made her the third richest woman in China and the 22nd richest woman in the entire world.
3) Dottie Herman: CEO of the largest residential real estate brokerage firm
Back in the United States, the residential real estate market is dominated by Douglas Elliman, which is led by Dottie Herman. Her company has experienced substantial expansion and success under her leadership, with much of her success attributed to developing a strong long-term vision and leveraging relationships throughout the industry.
4) Jane Goldman: America’s only billionaire female real estate investor
No discussion of female real estate investors would be complete with the rock star Jane Goldman, the youngest daughter of legendary Mogul Sol Goldman. As principal of the company she founded with her three siblings, Goldman controls over 400 high-end properties throughout New York, including a stake in the World Trade Center developments. She is so successful with her business deals, that look no further than her sales: after purchasing a property in 2015, she sold it in 2020 for a net profit of an amazing $39 million (Martin, 2023).
5) Yukti Nagpal: Director, Gulshan Homz, India
She is known mostly for her deep understanding of consumer needs and her vision of redefining luxury. She is also a proactive participant in creating more space for women in industry. She led the planning, design, and construction of premium living spaces and state-of-the-art landmarks that are also sustainable. She received a place in the 40 under 40 list for the year 2021 by Realty+. She was also on the women entrepreneurs list of top 10 Women Entrepreneurs in 2020-2021.
6) Ayesha Aqeel Dhedhi: CEO, Creek Developers, Pakistan
Ayesha Aqeel Dhedhi is theyoungest female CEO in the real estate sector in Pakistan. She is currently working as the CEO of Creek Developers (Private) Limited. She has 11 years of work experience. By qualification, she holds a Master of Business Administration (Barai, 2023).
These powerful women held their own in this supercharged industry and inspired us. They represent the epitome of success, for all aspiring real estate professionals, showcasing the immense potential and rewards that the industry has to offer. It’s time to think about how you, too, can develop a winning strategy forreal estate investment.By celebrating their successes, addressing challenges, and championing diversity, we can collectively build a more inclusive and thriving real estate community.
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Maria
