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News & Events

The latest advice, news and events from Edge

Property Management Assistant's a Dying Breed?

13/08/2018

With all the focus in real estate on the sales agents and property managers (PM’s), it’s easy to forget about essential back end staff such as the property management assistant.

In the past year or so, we’ve observed an emerging trend, showing a decrease in property management assistants (PMAs) in the mix of a typical residential agency. Our specialist real estate recruitment consultant Mary-Jane Massicci says the number of PMA’s being recruited has dropped dramatically over the past 18-24 months.

The Trend

In the past, we’ve observed residential rental portfolio’s of 150-200 properties typically being managed by a single property manager with the help of a PMA. However, we’re now seeing more real estate agencies put on two property managers, one senior and one junior, to manage a portfolio of the same size, without the help of a PMA. In a sense the role of the PMA is sometimes replaced by a junior property manager.

Why?

We spoke with Deanne Goodwin, Department Manager of Property Management at Gary J Smith Real Estate, for her thoughts on the topic. She offered a number of reasons that could possibly be contributing to the trend.

Deanne agreed that this ‘restructure’ of the typical residential property management department is indicative of agency business owners wanting to promote junior staff up the ranks, provide career development opportunities, reduce their overheads and also deliver better customer service for their clients. ‘Clients prefer to speak directly with their property managers, rather than an assistant’ says Deanne.

Deanne suggested another contributing factor could be the rise of virtual assistant’s in the real estate industry, providing an alternative to in-house administrative staff. Whilst they don’t often deal directly with clients, they can provide administrative services in the background, offering convenience and reduced costs to agency owners.

So it’s clear the role of the residential PMA is changing in line with industry trends. Whilst many property management departments still use PMA’s in their businesses, it’s clear they are embracing new technologies and moving with the times.

Most in demand Property Jobs in 2018

17/07/2018

Jane Carey, CEO at Edge Recruitment shares which skills and industry sectors are most in demand this year (within the areas Edge Recruitment service). If you’re looking at changing roles in the second half of this year, for a bit of fun we’ve added a ‘hot’ rating to highlight where the best opportunities are. Keep in mind our rating takes into account the volume of job openings together with volume of candidates in the market vying for those jobs.   

Most in demand property jobs 2018 JPGResidential Property Management – Rating: Scorching Hot!

In the past year, the residential market experienced a chronic shortage of residential property managers, which shows no signs of changing in the second half of 2018. However, with minimum training requirements for the property management license introduced earlier this year (and a deadline of September 2019 to obtain a licence), it will be interesting to see the impact this has on the residential job market going forward. This makes residential property management the number 1 hottest industry sector currently with multiple job opportunities in a wide range of locations.

Commercial Property Management – Rating: Hot!

Demand for commercial and agency property management staff has remained strong this year making it one of the hottest jobs that we recruit for. We’ve found it particularly challenging to source degree qualified professionals with up to 2 years' experience. If you have experience in commercial property management, it is likely you won’t be wanting for job opportunities for the remainder of 2018.  

Leasing – Rating: Toasty Warm

Leasing executives for both office and retail sectors are always in demand and this hasn’t changed in the past 12 months. This can be attributed to the small pool of experienced operatives working in this sector locally together with a challenging retail market added to the mix. This high demand mixed with a small number of experienced candidates on offer makes leasing skills hot, but it's rating is downgraded to toasty warm as there are not quite as many job opportunities as residential property management. However, there will continue to be excellent jobs on offer for experienced leasing professionals in 2018.

Retail Property Management and Development– Rating: Luke warm

Both retail property management and the development sector have remained steady in the past year, showing some movement but it has generally been quieter in this area of the market. We expect to see this continue for the rest of 2018.

Facilities Management – Rating: Cool

In contrast, facilities managers have been in slight oversupply, partly due to candidates coming from overseas on the 457 state sponsored visa. These overseas candidates typically possess fantastic skills and experience, but some have found it hard at times to break into the local market. If you’re looking for a job in facilities management in 2018, be prepared that you may have increased competition. However, local experience will boost your appeal to employers.

We're seeing some positive signs across many sectors of the property industry going into the 2018/2019 financial year, including the broader news of the $35 billion Future Frigates contract win for BAE last week – an exciting outcome for the state that will have an impact across many industry sectors.

For a confidential discussion about your career in the property industry, contact us on 8232 2220. Keep abreast of the latest job opportunities via our website or follow us on Facebook, LinkedIn, Twitter or our Blog for news, job search tips and career advice. 

View latest jobs 

Property Jobs Market Update

10/07/2018

As the financial year shuts its doors, we reflect on the employment market in the property industry in the past year in the areas that we service. We experienced a distinct surge in recruitment activity from July 2017 and this remained steady and strong for the entire year, resulting in our best year on record. In fact, 2017/2018 has proven to be one of the best years since the GFC for the recruitment industry in Australia.

Residential Agency
The residential market continued to experience a chronic shortage of residential property managers, which shows no signs of changing. However, with minimum training requirements for the property management license being introduced this year (and a deadline of September 2019 to obtain a licence), it will be interesting to see the impact this has on the residential job market going forward. 
 
Commercial Agency
Demand for commercial and agency property management staff remained strong, with degree qualified professionals with up to 2 years' experience proving challenging to source. 
 
Leasing
Leasing executives for both office and retail sectors are always in demand and this hasn’t changed in the past 12 months. This can be attributed to the small pool of 
experienced operatives working in this sector locally together with a challenging retail market added to the mix.
 
Facilities Management 
In contrast, facilities managers have been in slight oversupply, partly due to candidates coming from overseas on the 457 state sponsored visa. This group typically 
have fantastic skills and experience, but some have found it hard at times to break into the market locally. 
 
Retail Property Management and Development 
Both retail property management and the development sector have remained steady, showing some movement but it has generally been quieter in this area of the market. 
 
We're seeing some positive signs across many sectors of the property industry going into the 2018/2019 financial year, including the broader news of the $35 billion Future Frigates contract win for BAE last week – an exciting outcome for the state that will have an impact across many industry sectors.  

Sentiment around the new Government is positive, and surprisingly we did not experience any noticeable slow-down going into or after the election earlier this year. The Liberal government will scrutinise the public service for cost savings, but on the flip side are keen to see the SME sector grow.  The move to make businesses with annual taxable wages of up to $1.5 million exempt from payroll tax is a great step in the right direction for jobs growth in South Australia.  We are looking forward to another busy year ahead!

For a confidential discussion about employment matters in the property industry contact Kelly Armstrong or Jane Carey at Edge Recruitment on 08 8232 2220. To view our current job opportunities, visit our website

Women in Property Morning Tea BOOKED OUT

18/04/2018

Tickets to this event has now sold out. If you missed out on getting a ticket, we hope to see you at our next Women in Property event in September. 

Join Edge Recruitment and friends at Adelaide's premier networking event for women in property. Take in the lovely surrounds at The Jarmer Room, enjoy fabulous networking, savour a delicious morning tea (mini granola jars, pastries, croissants and fresh fruit), whilst raising funds for charity. $20.00 from every ticket will be donated to the Cancer Council.

GUEST SPEAKER: REBECCA MEZZINO 

Hear from Adelaide's most experienced and accredited professional organiser, Rebecca Mezzino. As co-owner of Clear Space Organising Services, Rebecca helps people all over Australia improve their lives, both at home and work. She will guide you through 5 simple habits you can create to simplify and de-clutter your life.

Raffle prizes will be on offer, so please bring some change!

Thursday 17th May, 9.30 - 11am

The Jarmer Room, Bowden

Tickets: $45 
($20 from each ticket goes to the Cancer Council)

BOOK NOW

DOWNLOAD FLYER

Parking is available in the carpark adjacent to Jarmer's Kitchen or in the Plant4 carpark. On street parking is also available in the surrounding streets.

For further information about this event contact us on 8232 2220 or email info@edgepropertypeople.com.au.

20 Good Deeds to Celebrate 20 Years

19/03/2018

To celebrate our 20th anniversary this year, we'll be giving back to the community by doing 20 good deeds throughout 2018. We'll be donating our time, creativity and knowledge to charitable and community organisations.

Such as:

  • Dressed for Success;
  • The Cancer Council; and the
  • National Breast Cancer Foundation.

Get ready to see some inspiring, heartfelt and funny deeds, all in aid of great causes. It's our way of saying 'thank you South Australia.' Stay tuned!

If you'd like to suggest a good deed, feel free to email info@edgepropertypeople.com.au with your idea.