New NSW estate agent recruits halve as lean times hit

New NSW estate agent recruits halve as lean times hit
Staff reporterDecember 7, 2020

NSW real estate agent recruits halved last year, Office of Fair Trading figures show.

The halving in the issuing of new real estate agent certificates in NSW meant the total with the basic qualification was down to 26,390 from 26,737.

The total would continue to fall, Tim McKibbin, chief executive of the Real Estate Institute of NSW told the Australian Financial Review.

Victoria has yet to show any similar slowdown.

The total number of registered real estate representatives climbed to 16,720 in the year to June from 15,779 as the number of new applications lodged picked up to 1800 from 1581, Consumer Affairs Victoria figures show.

In SA and in Tasmania, the equivalent totals rose for a fifth year.

The WA numbers have continued to decline with total real estate and business sales representative registrations down for a fourth straight year to 11,198.

 

Editor's Picks

Adamson No.5 apartments launch with lure of Brighton's Church Street
Private sector leadership unlocks $7 million government funding for vulnerable women's housing
Moorabbin's only new apartment development, Madeline, to complete early next year
The top four apartment developments set to launch on the Sunshine Coast in 2025
First look exclusive: Polycell set sites on new Broadbeach apartment development