100 new agents converge on Gold Coast

Brendan Wong

A recent survey of a dozen Gold Coast agencies has shown that staff numbers have grown in the last financial year, boosted by a stronger market.

Goldcoast.com.au, which ran the survey, found that local agencies had added 23 per cent more staff or 100 extra sales, administration and property management staff over the 2012 and 2013 financial years.

Gold Coast regional chairman at the Real Estate Institute of Queensland (REIQ) John Newlands told Real Estate Business improving market conditions were increasing confidence in agencies.

“It appears there are a few more buyers and investors starting to come into the marketplace now, whereas a lot of agents have hung onto the staff that they’ve had and not replaced anyone that had sort of fallen off during the GFC,” he said.

“They now have a more optimistic view and they’re getting additional staff members to join their offices.”

Principal of Raine & Horne Surfers Paradise Clark Brackenridge said his office had just put on a new staff member in the last fortnight.

“Obviously, it’s been a tough market and there’s been a lot of real estate agents who have dropped out and haven’t been able to handle the market conditions, which haven’t been very conducive to new people to the industry,” he said.

"The market has changed ... and I think the general concensus will be that people will be putting staff on in the near future as opposed to putting staff off."

Mr Brackenridge said his office aims to employ five more sales staff in the next six months.

The positive sign in recruitment continues to demonstrate the recovery of the Gold Coast market. Last week, Ray White reported that it had recorded its best sales month in the region, having generated $76 million in May.

Brendan Wong

A recent survey of a dozen Gold Coast agencies has shown that staff numbers have grown in the last financial year, boosted by a stronger market.

Goldcoast.com.au, which ran the survey, found that local agencies had added 23 per cent more staff or 100 extra sales, administration and property management staff over the 2012 and 2013 financial years.

Gold Coast regional chairman at the Real Estate Institute of Queensland (REIQ) John Newlands told Real Estate Business improving market conditions were increasing confidence in agencies.

“It appears there are a few more buyers and investors starting to come into the marketplace now, whereas a lot of agents have hung onto the staff that they’ve had and not replaced anyone that had sort of fallen off during the GFC,” he said.

“They now have a more optimistic view and they’re getting additional staff members to join their offices.”

Principal of Raine & Horne Surfers Paradise Clark Brackenridge said his office had just put on a new staff member in the last fortnight.

“Obviously, it’s been a tough market and there’s been a lot of real estate agents who have dropped out and haven’t been able to handle the market conditions, which haven’t been very conducive to new people to the industry,” he said.

"The market has changed ... and I think the general concensus will be that people will be putting staff on in the near future as opposed to putting staff off."

Mr Brackenridge said his office aims to employ five more sales staff in the next six months.

The positive sign in recruitment continues to demonstrate the recovery of the Gold Coast market. Last week, Ray White reported that it had recorded its best sales month in the region, having generated $76 million in May.

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