Raine & Horne will hold a careers information night in WA as the company looks to tap into the state’s improving property market.
“Already the May interest rate cut delivered by the Reserve Bank has impacted real estate markets in Perth, with Raine & Horne offices reporting a significant pickup in first home buyer activity,” Angus Raine, CEO Raine & Horne, said.
In what will be the company’s first such careers night in Perth, Mr Raine said recent strong growth in the Perth property market is likely to bolster demand for agents.
The information session, which will be held on June 19, follows a similar event run by the company in Sydney during April.
The most recent data from the Real Estate Institute of Western Australia (REIWA), realeased on May 30, revealed that sales in the preceeding nine week period surged by 24 per cent when compared to the same period last year.
REIWA president David Airey, said reported sales across metropolitan Perth have been strong with a total of 6,979 property sales since the end of March.
“Prices seem to be holding steady, but there is no question that buyers are more active and there is growing consumer confidence in the property sector,” Mr Airey said. “Buyers are now more confident that market conditions are right. Prices stopped sliding over the last six months and there was modest growth in the March quarter.”
Mike Green, managing director of Harcourts International, predicted in April that the real estate sector is poised for significant growth, creating strong demand for staff within the industry.
“Given the current conditions within the property market, the real estate industry is set to experience significant growth over the coming months and years,” Mr Green said.
In order to facilitate this growth, Harcourts launched their latest opportunity and information program, 'A New View in Real Estate'.
The program, created by the group’s training facility, The Harcourts Academy, has been designed as an information session for aspiring real estate professionals and doubles as a recruitment event for the group.
The event runs for approximately three hours and aims to provide comprehensive information about the real estate profession and the benefits of working in the industry.
Participants view inspiring audio visual presentations and interviews with real people in the field, and leave with an accurate understanding of what is required to succeed in sales or property management.
Mr Raine said it was important potential applicants understood that real estate is unlike other professions.
“In many ways, a real estate career will involve working around the clock, while long hours and weekend work are the norm, but the rewards usually compensate the sacrifices,” he cautioned.
“While listing and selling homes are the primary objectives, there are also minimum new business targets that all sales agents must meet in terms of property listings.”