Industry insight from our Senior Recruitment Consultant, Jack Crookes:
If you’ve been umm-ing and ahh-ing about hiring in the property sector, here’s your sign to get moving!
Having worked in the industry for a number of years, I recognise that the industry has felt somewhat turbulent for a while. However, the market is finally buzzing, demand is climbing and skills professionals are in high demand!
Whether you’re looking for top estate agents, mortgage advisors, or skills tradespeople, here’s my take on why now is the best time to build your dream team.
The market is booming!
With interest rates stabilising, buyers are back in action, and property listings are on the rise.
My research has found that January 2025 saw the largest increase in UK property listings since September 2020, with a Royal Institution of Chartered Surveyors (RICS) index reading of 25. (FT.COM)
More houses on the market means there are more deals to be made and more opportunities for growth.
With lots of debates recently about it being difficult for first-time buyers to get onto the property ladder, we’ve started to see some changes. From lower deposit requirements to Stamp Duty changes, first-time buyers are making a comeback.
Skilled workers are in demand!
According to research conducted by The Times, there’s a real shortage of bricklayers, roofers and plumbers right now. In fact, the UK faces a 20% decline in bricklayers since the 2008 financial crisis.
That means your competitors are moving quickly on recruiting these candidates and waiting means you’re risking missing out.
My thoughts?
Time for my weigh in… Employment trends are looking positive with more employees on payrolls already this year when compared to last – showing a resilient labour market.
Securing the best people now will set you up for that long-term success and will help you build a strong team as positive trends occur in the world of property. If you need help finding top-tier talent who’ll take your business to the next level, let’s chat.
