‘Who you know helps with property jobs,’ say recruiters

‘Who you know helps with property jobs,’ say recruiters


Todays other news
Reports of a year-long rent freeze for the PRS to...
Possession claims could quickly derail if letting agents and landlords...
Letting Agent Today has partnered with The ValPal Network to...
Who you know and a history of networking are more...
Spicerhaart Lettings has created The Centre of Excellence, a new...
Property investment leader jumps ship to Savills 

Who you know and a history of networking are more likely to land property graduates jobs in the industry, according to more than six in ten property recruiters.

However, three-fifths believe property graduates are ill-prepared for working in the industry.

The data, from Regent’s University London, found that 67% of property recruiters prefer to hire graduates who have been referred by people they know, with the same amount believing it is less risky than a cold application.

The data showed that 40% of recruiters believe graduates are work-shy with no self-awareness. Meanwhile, three-fifths believe they are not prepared for the realities of working in the real estate sector.

Importance of building networks

The study also showed that property recruiters are more inclined to hire graduates who have had the opportunity to build networks during their university years, with a quarter saying the quality of career services or alumni networking events at university is the most important factor when considering a candidate for a graduate role.

A further fifth say applicants are most likely to be successful if their university offered the opportunity to connect with industry partners and two-fifths say those who took part in on-the-job work experience during their studies have a better chance of landing a job.

60% of recruiters said those who attend networking opportunities are better prepared for the world of work. Geoff Smith, vice-chancellor and CEO of Regent’s University London, said: “The graduate job market is more competitive than ever, so it’s crucial that institutions prepare candidates for the realities of modern business to give them the best possible chances of securing the real estate roles they deserve.

“While good grades and theoretical knowledge remain important to prove competence, strong networks and practical experience play an equally significant role in helping graduates to stand out.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
LRG - the former Leaders Romans Group - is issuing...
The sheet must be given to tenants by May 31...
The Renters Rights Act comes into effect on May 1...
Recommended for you
Latest Features
Reports of a year-long rent freeze for the PRS to...
Possession claims could quickly derail if letting agents and landlords...
Letting Agent Today has partnered with The ValPal Network to...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

0
Would love your thoughts, please comment.x
()
x