{"id":32710,"date":"2021-06-08T09:18:37","date_gmt":"2021-06-07T21:18:37","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32710"},"modified":"2024-03-01T20:45:42","modified_gmt":"2024-03-01T07:45:42","slug":"real-estate-office-owners-are-making-a-killing-report","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/real-estate-office-owners-are-making-a-killing-report\/","title":{"rendered":"Real estate office owners are making a killing | REPORT"},"content":{"rendered":"<p><strong>PHOTO: Real Estate Agents are raking in the money post COVID<\/strong><\/p>\n<p><strong>HIGHLIGHTS<\/strong><\/p>\n<p>\u2022 More than two-thirds of Australian and New Zealand residential real estate agency office principals are personally taking home higher earnings in 2021 than in 2020,<\/p>\n<p>\u2022 Three-quarters of residential <a href=\"https:\/\/www.propertynoise.co.nz\/?s=real+estate+offices&amp;submit=Search\">real estate offices<\/a> are more profitable today than in 2020.<\/p>\n<p>\u2022 Some principals are investing a share of their profits rather than taking it as personal income. This explains why the share of offices where profits are up is larger than the share of principals taking home higher earnings.<\/p>\n<p>\u2022 Fifty-six per cent of principals say that the biggest challenge facing their real estate agency today is securing listings.<\/p>\n<p>\u2022 Attracting and keeping good team members was named by 22% as the most significant challenge.<\/p>\n<p>\u2022 Forty-four per cent of principals intend to expand into additional markets within the next five years.<\/p>\n<p>\u2022 Sixty-seven per cent of principals said they are currently recruiting agents, property managers or other staff.<\/p>\n<p>\u2022 One-third of principals believe that real estate is a less desirable career for young people than it was a year ago.<\/p>\n<p>\u2022 Approximately one-third intend to transition their agency to the control of a family member or an existing team member within five years.<\/p>\n<p>READ THE FULL REPORT HERE: <a href=\"https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/06\/Real-Estate-Principals-Take-Home-More-Juwai-IQI-F.pdf\">Real Estate Principals Take Home More Juwai IQI F<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Real Estate Agents are raking in the money post<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-office-owners-are-making-a-killing-report\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":30489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478109139,478098521,478098519,478098535,478107467,478098513,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098828,478098921,478098980,478098509,478116348],"class_list":["entry","author-data123nz","post-32710","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australian-real-estate-agents","tag-australians","tag-home-ownership","tag-house-prices","tag-nz-real-estate-agents","tag-property","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-agents","tag-real-estate-franchise","tag-real-estate-industry","tag-real-estate-news","tag-residential-real-estate-agency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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