One Sector Bucking the Employment Trend; the Green Shoots of Recovery in the Property Sector Are Opening the Door to a Raft of Graduate Opportunities. Curry & Partners' Brett Williams, National Chair of the Association of Residential Managing Agents, Explains: PROPERTYEXPERT
Byline: Brett Williams
This year is not the best year to be a graduate job seeker.
A lack of vacancies has left almost 70 graduates chasing every new position and, with at least 350,000 graduating from university each year and public sector cuts looming, the job outlook seems gloomy; some are predicting graduate unemployment levels will reach 25 per cent.
But there is one sector where employers are always looking to recruit quality people: residential leasehold property management.
It is not a profession that the majority of those graduating will have thought about or even heard of, but a career in residential leasehold property management offers genuine long-term career prospects with the opportunity to develop some unique and transferable skills.
This is not just about a job for the sake of getting one - a career in property management offers real progression and future prospects. The nature of the leasehold sector means that today's property manager needs to be equipped with, and develop, a rich blend of skills: people and project management; leadership skills; budgeting and accounting; an understanding of the relevant legal frame-work.
There is more to the job, however, than just the development of skills; the profession can be genuinely rewarding and the challenges faced by a property manager are varied and constantly evolving. In some cases, a leasehold property manager could expect to be provided with their own portfolio of properties to manage, a dedicated assistant and accountant as well as their own car to travel around in.
The job is not desk-bound; day-to-day property managers might expect to meet residents, discuss issues with landlords and supervise maintenance works by dealing with contractors or improvement works with landscape gardeners. …