Real Estate Professionals in Demand as Job Vacancies Rise
As demand for property continues to grow in Queensland, more career opportunities have become available in the real estate sector. The Queensland property market showed positive growth in 2020 despite the national economic downturn that resulted from COVID-19.
Interstate migration, low interest rates, lifestyle changes and multiple governmental schemes have all played key roles in accelerating buyer activity in Queensland. So if you’re considering a career change, qualified real estate professionals are now in high demand.
the Real Estate Job Market
During peak restrictions, the real estate job market was heavily impacted as demand for workers in this industry dropped significantly. Although Australia was not as badly affected as other countries, the strict measures that were put in place to limit the spread of COVID-19 still took their toll on the country’s real estate job market.
“Demand for talent in the real estate and property industry was significantly impacted through COVID-19 across the whole country,” says Leigh Broderick, senior analytics manager at SEEK.
Queensland, along with Western Australia and South Australia, saw demand rise for real estate professionals once restrictions eased.
“As the Queensland economy opened up again, hiring demand returned very quickly to end the year above pre-COVID-19 levels.
“SEEK job ads in real estate and property are 3.4 per cent higher in the December 2020 quarter compared to the same time in 2019.”
This indicates activity returning to the market and represents a positive change in demand by employers who are looking for real estate professionals. The growth in demand is underpinned by roles in residential sales, leasing, property management and valuation, which are all sitting well above what was seen in December 2019. On the other hand, roles in property development, commercial and facilities management are still relatively subdued and are below what was seen prior to COVID-19.
Why Choose Real Estate?
The property market is growing in Queensland and an increasing number of people are choosing real estate as a career.
This growth in demand has created more opportunities for real estate professionals, which is why it could be the perfect time to start your career in the industry.
A career in real estate gives you endless opportunities to find the job that suits you in an ever-stabilising industry. The flexibility that comes with choosing real estate is one of its primary drawcards and it means that you can take control of your own career and if you think you don’t have any useful experience, think again. It’s highly likely that you already have some of the common skills that will make you perfectly suited to a career in real estate.
Effective communication, attention to detail, organisation and good people skills are just a few traits of a successful real estate professional. According to LinkedIn, transferrable skills are in demand in 2021, and your previous experience may prove very useful in a transition to real estate.
If you have any experience in a fast–paced, customer-centric working environment and are willing to learn more, the REIQ offers the necessary training that will help you succeed. Enrol in our registration course today and get started on your real estate journey.
Not sure about a career in real estate? Take our career quiz here.
Disclaimer: All relevant statistics courtesy of SEEK and accurate as of 01/02/2021