With the average house price breaking the NZ$1M mark in Auckland and a 56% increase in the national house price average over the last 10 years, it’s no surprise that New Zealand’s property market is a hot issue. But with a reported end to the national property boom, what does this mean for your future prospects as a property candidate?
According to industry experts, whether you’re a seasoned pro or a budding real estate enthusiast, job opportunities for property professionals are still steady. If you’ve got a passion for customer service, a proven track record, and a finger on the latest industry trends, there’s good news for you. Candidates with demonstrated skills in sales, negotiation and problem-solving are highly desirable in this candidate-short market.
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Here we take a look at the top property jobs in high demand and what to expect from the role. Source: Careers.govt.nz
Valuer
A thriving construction and housing industry mean job opportunities for valuers are at an all-time high. Along with possessing good character, real estate valuers require a relevant degree or graduate diploma, along with registration with the Valuers Registration Board (VRB) and a current Annual Practicing Certificate. Graduate and newly registered valuers usually earn between $37K-$55K per year, while senior valuers with more than five years experience can expect to earn between $80K-$150K per year. Valuers assess the market to define the value of the real estate for sales, mortgages, rentals, insurance or rates.
Property Manager
With an ageing workforce and a lack of fresh talent, property managers are in high demand in New Zealand. With no specific qualifications required for the role, and many firms providing in-house training, a property manager role might be just the ticket if you’re just starting out. New property managers can expect to earn between $45K-$75K per year, while senior property managers usually earn between $100k-$130K. Property managers maintain the daily operations of commercial and residential properties.
Mortgage Broker
With a robust housing market, job opportunities for mortgage brokers are currently high in New Zealand. To become a mortgage broker, you’ll need to become an Authorised Financial Adviser (AFA). Mortgage brokers who are permanent employees can expect to earn between $50K-$84K per year. Mortgage brokers offer financial advice to people seeking to buy a house and find suitable mortgage opportunities and finance for clients.
Real Estate Agent
Due to a shortage of property on the market, job opportunities for real estate and leasing agents are currently average in New Zealand. To work as a real estate agent, you must have either a New Zealand Certificate in Real Estate, New Zealand Diploma in Business, or an approved degree such as a Bachelor of Property. Pay typically varies for real estate and leasing agents as they’re typically paid on commission. Real estate agents are responsible for the arrangement of properties for sale and assisting buyers in finding a suitable property.
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Related: The state of property in New Zealand: a job seekers guide
The property market in New Zealand is buzzing with opportunities — tackling it can feel overwhelming. With the right recruitment consultant by your side, it doesn’t have to be. Speak to one of our property specialists today.