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Winters here - Property job market update

We have officially clocked over to winter, and with the change in seasons comes a fresh set of opportunities and challenges for all of us.

 

As the days grow shorter and the temperatures drop, it's a perfect time to reflect on our goals and prepare for the months ahead.  Whether you're looking to stay cozy indoors or embrace the crisp winter air, we're here to support you every step of the way.   We would like to provide some updates and tips, designed to help you make the most of your job search, this winter season.

 

OUR PREDICTIONS FOR THE PROPERTY JOB MARKET FOR THE BALANCE OF 2024

 

Spire Recruitment specialise solely in the property/real estate sector, and we understand the economy's significant impact on employment within our industry.  The Melbourne job market for 2024 continues to show a mix of challenges and opportunities across our sector. Key trends include:

  1. Strategic Recruitment: Real Estate offices continue to be more selective in hiring, focusing on filling positions based on project needs rather than speculative hiring. This approach will likely stabilize job opportunities in certain sectors​ 

  2. Absorption of Roles:  As the economic crunch continues, we are seeing many agencies absorbing roles if a resignation takes place.  Rather than replace the person leaving, where possible, duties are absorbed within the current team.  This in turn has lead to less roles becoming available.  This is the natural cycle and it will swing back at some stage but for now, we are seeing decreased number of available jobs within real estate.

  3. Remote and Hybrid Work: While remote and hybrid work models remain popular, some organizations are moving towards bringing staff back into the office more frequently to balance productivity and collaboration​ 

Overall, Melbourne's job market in 2024 will require adaptability from both employers and job seekers, with a focus on strategic hiring, skill development, and embracing new opportunities in growing sectors.

 

KEEPING YOUR ONLINE PRESENCE 'JOB HUNTING READY'

 

Maintaining a job-hunt ready online presence is essential in today’s competitive job market. We know employers look at digital profiles across all mediums, so we recommend some best practice when it comes to your online profile.

 

When job hunting, update your LinkedIn profile with recent accomplishments, skills, and professional experiences.  Your photo should be semi professional, at a minimum.  No photo's of you with a wine in hand, or showing you partaking in things best kept for viewing in a more personal capacity.    We say this from experience, as a we have witnessed a simple thing such as a poorly posted photo has been detrimental to job hunting success.  By curating your professional online profile to highlight your strengths and professionalism, you can enhance your visibility and attractiveness to potential employers, giving you an edge in your job search.

 

Your personal life is, of course, your own, but we suggest putting your accounts setting to private, for non-business profile posts and pictures.


If you are thinking of moving roles to within property, feel free to reach out to us on 03 9000 5617 for a confidential chat.

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