
Recruiting is never an easy
job. It takes time and it
takes effort – effort which
a lot of estate agents wish
they were putting into getting
instructions, or making sales, rather
than trying to hire a negotiator.
Fortunately estate agents don’t
have to do all the work themselves
– unless they want to. The growth
of specialist recruitment agencies
supplying the property sector
allows them to outsource at least
part of the recruitment process.
Using a recruitment agency
should, at the very least, save time
spent looking at hopelessly
unsuitable candidates’ CVs.
Annette Farrell
of Estate
Agency
Recruitment
says she
regularly sees
employers who have spent weeks
sorting through hundreds of online
candidates and sometimes
interviewing as many as
30 candidates – and still have not
found anyone suitable. It’s only
after wasting that time that the
estate agents call her!
However Simon Mortlock,
sales director at Curchods, is not
convinced by this argument. He
says “It doesn’t take me too long
to work out from a CV whether this
is someone we want to see, or not.
There are some immediate things
I look for – sifting mechanisms like
the cover note – so it takes me 30
seconds to sift through.” He prefers
to recruit direct, and says he has
found Curchods gets a good
quality of candidate by doing so.
Recruitment agencies can save
time in another way, though.
While an estate agent typically
starts the recruitment process with
advertising and has to go through
the stages of shortlisting, then
interviewing and finally making
a job offer, recruitment agencies
already have a database of
suitable candidates, so they can
short-cut the process. Annette
Farrell says, “We have been known
to fill roles within 24 hours of being
instructed,” though she admits
that even with a full contacts book
it can sometimes take months
to fill senior, specialist roles.
One of the main things a
recruitment agency’s clients are
paying for is its contacts database.
Joshua Rayner,
MD of Dove &
Hawk, says the
company gets
over 50 per cent
of its hires from recommendations,
not from advertising – something
few estate agents would be able
to do. He regularly attends awards
evenings and other property industry
events, so he knows many of the
people he’s dealing with personally.

At the same time, he says,
a specialised agency should know
the sector and understand exactly
what’s needed. General agencies
like Reed can be good for
administrative jobs. “We use Reed
to put those jobs online,” he says,
but they don’t work well for key
sales roles. “A McDonald’s branch
manager is different from an
estate agency branch manager.
Just because you can run one
doesn’t mean you can run the
other!” He points out that he’s
a former estate agent, so he
understands the job, and knows
the way the market works.
He also believes general
agencies fail to understand their
clients well enough. For instance,
he says, someone who is going to
fit in well at Savills or Hamptons
just isn’t going to work for “the
little one branch office that wants
a bit of a Del Boy”.
The general recruitment agency
is often driven by volume business
– one PA or part qualified
accountant is much the same as
another and one client is much the
same as another as far as they’re
concerned. Specialised recruiters,
on the other hand, are more likely
to take time building relationships.
Annette Farrell says, “We
genuinely understand the client’s
business and have researched their
company culture.” She believes this
is crucial to getting the right
person and sometimes, she says,
the recruitment agency can be
a better judge than the agent.
“We are fortunate to have built
up excellent relationships with our
clients over the years, to the extent
that we can often arrange
interviews for exceptional
candidates on the strength of our
recommendation,” she says. “Good
candidates and new clients can
come from many different sources,
but we do find that personal
recommendation is the most
consistent of all and produces the
highest calibre of candidate.”
Like Joshua Rayner, she believes general agencies miss many of the
subtleties of the market. “A high
street recruiter is unlikely to fully
understand the difference
between a block manager, an
estate manager, an asset manager
and a residential property
manager,” she says, so they are
likely to put forward candidates
whose expertise and experience is
not the best match for the job.
Another big difference between
the best specialists and the more
general recruitment agencies is
the proactive work that the
specialists carry out to find the best
candidates, rather than waiting for
them to contact the recruiter. For
instance, Dove & Hawk’s local
consultants ‘mystery shop’ in local
High Street agents, trying to identify
the best people in the market.
“We headhunt,” Joshua Rayner
says. “A lot of people just use Total
Jobs or Monster, but we go out
and find people. Everyone wants
people with local expertise, and
that’s what we can find.”

He also points out that regular
clients benefit from the fact that
Dove & Hawk belongs to the
Recruitment and Employment
Confederation, and benefits from
its legal and other resources.
It can help clients with enquiries
from employment law to typical
pay levels within a sector.
But of course, this assistance
has a cost – generally from
10 to 20 per cent of the first year’s
salary, which is a fairly hefty bill
working out at several thousand
pounds per employee. There’s
some evidence that recruitment agencies are recognising how
much a disincentive this can be –
for instance Dove & Hawk will be
starting an online business. “Online
is a cheaper business you can use
with a monthly subscription basis,”
Joshua Rayner says; he points out,
too, that for his regular business, all
placements are given a four week
trial, “so if it doesn’t work out in
the first month you get a
100 per cent rebate.”
Estate agents who really want
to cut costs might consider one of
the online recruitment boards,
such as Monster Jobs or Totaljobs.
However, while flat fees of £99
to £200 look attractive – there
are even bulk deals available for
multiple job postings – that’s
purely for advertising. Few of these
sites offer more than very cursory
checking of candidates’ suitability,
and none of them handle first
interviews or full shortlisting.
The cost is probably one of the
major reasons why Simon Mortlock
is happy to do his own recruiting;
his methods use a bit of his time,
but very little money. “We have
an incredibly low attrition rate,”
he says, “so we don’t need to do
a lot of marketing.” He uses the
Curchods website, as well as the
old estate agent trick of putting
a notice in the shop window, which
seems to get a good response. It
attracts good quality candidates,
too. “We have some pretty clued
up people coming along.”
There’s a good case for using
a mix of resources – perhaps using
specialised agencies for more
senior jobs and more experienced
candidates, while going direct for trainees and using general
recruitment agencies for support
staff. That would probably secure
the best result in the most cost-
efficient way for many agents.
One thing that both recruiters
and estate agents agree on,
though, is that local press
advertising doesn’t really work.
Joshua Rayner would consider
local print media if he was
advertising trainee negotiator
positions, but otherwise finds
it produces the wrong type of
candidate. And Simon Mortlock
says, “We haven’t put an advert in
the local paper. It’s not something
that we would immediately think
to do – not from a negotiator
point of view anyway.”
The last couple of years have been
dire for both estate agents and
recruiters in the property sector.
But it seems things are looking up.
Curchods is now on a recruitment
drive; Simon Mortlock says the firm
is looking to bring in new trainees
to a number of branches. Joshua
Rayner says, “The market’s picked
up again,” while two or three
months ago, demand was mainly
for listers, now, demand for
negotiators is coming back, and
he’s even hiring area managers.
Savage cuts in the workforce
at many agents have left them
ill equipped to deal with a more
buoyant housing market, he says.
“A lot of people have stripped
down to the bare bones and now
they’ve got gaps happening.
If two of their negotiators go on
holiday over Christmas and then
someone is sick, they won’t have
anybody to answer the phone.”
That makes speed of the utmost
importance. “Quite often they say
‘We’re looking for this and we
want it yesterday’ – desperately,
urgently, not to fill it in a few
weeks’ time.” He believes that
makes the market very different
from what it was at the height of
the boom; now, recruiters have
a much more challenging task
ahead of them.

Anthony Hesse
of Property
Personnel
points out how
while vacancy
levels in
residential sales fell, lettings and
property management vacancies
remained strong. But while that
might indicate there’s a surplus of
excellent residential sales
candidates looking for work, that
hasn’t in fact been the case.
It’s become more difficult to get
good people, because, “Up to
80 per cent of people either losing
or leaving their jobs in estate
agency are changing career
paths,” thinning the talent pool.
And with on target earnings now
lower than when most negotiators
joined the industry, it’s difficult to
tempt them back. Many younger
ex-negotiators are choosing to go
travelling for a while, or to go back
into education.
Annette Farrell believes estate
agents have to raise their game to
get the right people. The highest
demand currently is for
experienced sales and lettings
negotiators. But she says these
candidates know their way around
the market and they won’t
interview for positions where the expectations are not clear.
“Where the employer is vague
about their requirements and
cannot define the role or confirm
the salary and benefits, candidates
are reluctant to interview.
Employers can miss out on seeing
someone who could be hugely
beneficial to their business.”
She also sees CVs from many
managers and salespeople with
financial services or retail
experience looking to move into
estate agency. But, she says, it’s
experienced negotiators that the
estate agents are looking for – not
‘crossover’ candidates. So an
apparent wealth of potential,
judged purely on the number of
CVs coming in, masks a real
shortage in experienced, qualified
candidates.
Joshua Rayner agrees that this
is a candidate’s, not a recruiter’s,
market. “Dove & Hawk has got
more jobs than have good
candidates,” he says. He points out
that while basic salaries have
remained pretty much on a level
for some years, the bonus element
has been badly affected by the
decline in property prices and in
the volume of sales. “From about
£30,000 in 2003 to 2006, OTE has
come down to nearer £25,000,”
he says, “and that just isn’t all that
attractive.”
Joshua has one thing to say to
anyone who left the market over
the last couple of years. “If you’re
interested – come back to the
market, and fast, please!