Ensure you never miss an issue of the
real estate business bulletin
100 new agents converge on Gold Coast

100 new agents converge on Gold Coast

by Reporter 0 comments

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.

le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
100 new agents converge on Gold Coast
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
An industry where the resilient succeeds

Tim Heavyside believes that a strong support team and good foundations are paramount to success in the real estate industry, and with regu...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?