Two thirds of estate agents are considering changing jobs following the pandemic, according to the latest Mood of the Industry from Rayner Personnel.
According to the latest survey, 6% of agents are thinking of leaving the industry permanently, while 66% of estate agents are considering a change of job role as a “consequence of how they feel about the future of the property sector and the turmoil that it faces from coronavirus”.
The recruitment firm said that this was a “remarkable statistic” for the industry after polling 6,500 employees across the property sector.
Only 33% of those polled were happy to go back to work “just as before” and felt supported by their bosses, which the firm said was a “startlingly low” number, whilst nearly a quarter of respondents said their recent experience of the industry’s handling of the crisis has “made them question their future and their current role”.
Some 22% did enjoy working from home, however, though 14% are concerned about job security. Rayner Personnel said the jump to self-employment “is no longer such a daunting prospect” for many in the industry.
Recruitment agent, Josh Rayner, said: “This has turned out to be a big reveal at a pivotal time for us all. So much so that we intend to run the poll again in two weeks’ time to ascertain if the rank and file within the estate agency industry feel any differently then.
“The question is, will agency bosses acknowledge that there’s an issue here and where so many staff feel insecure and concerned enough to want to move roles? More importantly, will they act on our findings?”
Proptech consultant Jason Bushby said: “There’s a mental health consideration also. The shock of seeing your livelihood flash before you and in many cases with a family to feed, is bound to affect our colleagues in estate agency and this also needs to be accommodated.
“If this is not currently a consideration as far as the great and the good are concerned, well, it should be.”
Russel Quirk, co-founder of property PR firm Properganda, added: “It’s time for heads to reappear above the parapets. There are tens, hundreds of thousands of people employed in estate agency, lettings, mortgage broking, conveyancing and ancillary services in the UK and these times are unprecedented.
“It’s not easy to step up and to show leadership when those around us are panicking yet that’s what leaders do. And they’ll be defined by their actions now and as we begin to return to normality, for a long time.”