Estate agents considering a move to a big developer or into an estate agency’s land and new homes team now have some food for thought.
A leading new homes recruitment specialists has published a report based on information from over 500 new homes staff which reveals that the average basic salary in the sector is between £20,000 and £30,000 and that three quarters of sales staff work weekends. The median salary including commission within the industry is £52,499.
Such remuneration comes at a cost, though. Some 77% of respondents said that they worked weekends of which 57% said they worked EVERY weekend.
The research by Hampshire-based Upfront & Personnel also makes interesting reading for female sales professionals in the sector.
Its 2019 Salary Survey suggests that nearly three quarters of those working within new homes sales are women, as are 62% of all those earning £50,000 or more.
Out of the 550 respondents in the survey, and regardless of gender, 215 earned between £20,000 and £29,999 a year, 59 earned between £30,000 and £40,000, and five earned between £100,000 and £150,000 a year.
“This salary survey seeks to answer the two most common questions I get asked by sales managers and directors,” says Tim Bond-Gonzalez of Upfront & Personnel (left).
“Firstly, ‘what package do I need to offer to attract the best talent?’ followed by ‘how does our compensation compare with the rest of the new home sales market?’”.
Read the report in full.