New NSW estate agent recruits halve as lean times hit

New NSW estate agent recruits halve as lean times hit
New NSW estate agent recruits halve as lean times hit

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.

New NSW estate agent recruits halve as lean times hit

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.

 

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