Latest News

Stamp Duty Reforms Announced in The Budget

22 November 2017

Mark Hayward, Chief Executive, NAEA Propertymark comments on the stamp duty reforms announced in today’s Autumn Budget: Read More...

New Zealand bans foreign home buyers

21 November 2017

As New Zealand faces a housing affordability crisis, Prime Minister Jacinda Ardern has banned the sale of homes to non-residents. Read More...

 

 

 

 

No effort, no entry?

Friday 29 September 2017

When it comes to office attire, estate agents have always maintained a smart demeanour. However a recent article has called for the industry to change their outdated ways in order to attract a new generation of workers.

In a recent blog post on the CPR property recruitment website, the contentious issue of dress code arose and posed the question - does the estate agency sector need to adjust in order to fit the needs of Generation Y?

The post notes that estate and letting agents have been slow to catch on to what millennials really want, and rather than adapt, are sticking to an outdated mould.

It points out that for the last 30 years, whilst estate agency has been an attractive prospect to young employees, the sector is now losing out to modern and progressive companies like Google and LinkedIn, who offer a more informal working environment, with pool tables and TVs.

But it's not all breakfast buffets and beanbags. The idea of a more relaxed approach to dressing appears to be favored by many professionals - young and old. But could trading in your suit and tie for a pair of chinos and suede loafers affect instructions? Or does the formal attire create a barrier between you and your customer?

The article draws on Generation Y's desire for a relaxed setting without needing to project a formalized image of themselves, and suggests that as a starting point, the property industry desperately needs to modernise in terms of dress codes.

Ultimately it asks agents to recognise that Generation Y is different, and by making the effort to accommodate that difference, the sector could attract a wider pool of candidates.

You can read the full post here.