Freelance News: The Impact of 'Gig-Estate' to the Labor Market and Real Estate

In terms of career and employment, it is sometimes understood that a person's success is measured through how long he or she have stayed in a particularly company and how many promotions the individual have received throughout his career. The pervading idea is to be employed in a well-established corporation and reach the heights through series of promotions. In sense, people need companies to build a career and live around it.

However, in today's fast changing world, the rules of the game seem to be shifting from corporation career mentality to a so-called "gig-estate or freelance," through which a person depend more on their capabilities and talents as they immerse themselves into different projects and companies in a short period of time. According to inman, "This behavioral change paves the way to an emerging economy. It's largely attributed to people's understanding of the balance between career and personal life as well as true passion and drive to get better results and deliver greater value to one's clients."

To somehow conclude the changing tides, the booming freelancing and small business industry is a testament to it. The use online portal and web-based platforms make it easy for any individual with a talent to connect to employers and be able to find a relative success over a short period of time.

In the aspect real estate, such shift of approach could largely be felt by the ubiquitous appearances of real estate portal and web based applications. The traditional way of real estate approach, though deemed as important, is gradually being altered with the help technology. Different talents and services are likewise being utilized by real estate agents for their benefit and for the convenience of most clients. But still despite the said innovations, the real estate industry still lacks some infrastructure and well organized platforms to fully accommodate such change, claimed by inman.

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