31/10/2018-8

Agents have lost weight in the cold winter or 5,000 people are unemployed

The property market is trading frozen, and then the real estate agent has proposed “slimming” [table]. The Midland Real Estate, one of the major correspondent banks in Hong Kong, restarted the “Bottom List Unpaid Holiday Mechanism” after about three years. It is expected that up to 100 frontline staff will be affected. One out of 10 employees will be required to The day left immediately. The industry pointed out that the current agent is difficult to eat, the most pessimistic situation will be about 5,000 agents will be unemployed at the end of this year.

The United States unpaid unpaid leave

Yesterday, the market circulated an internal notice of the Midland Real Estate Department, which stated that the “Bottom List Unpaid Holiday Mechanism” will be implemented from the 1st of next month. The employees involved are the 100 real estate agents with the lowest commission income. 10% (10) employees must leave on the 1st of next month, and 55% (55) of the employees must apply for unpaid leave for at least three months and implement unpaid leave within one week of the list. Application. As for the highest performing 35% (35) employees, they can continue to work by the supervisor. The mechanism allows the 55 unpaid staff to work outside the part-time job, but must declare and have no conflict of interest with the company, and the offender must leave.

Bu Shaoming, chief executive officer of Midland Real Estate, admitted that the notice was true and said that the system has been in use for more than 10 years. The last implementation was a fall in 2015. In the past, the group has been dealing with market conditions at its discretion. Recently, due to the hardship of the property market, the number of first-hand and second-hand transactions in this month was less than 3,000, which was 60% lower than this year’s high. The company was forced to strictly implement the relevant system again. The company will also slow down the pace of expansion in the future. If a branch lease expires, it will require the owner to reduce the rent, non-significant strategic branches or not renew the contract.

In fact, its competitor, Zhongyuan Real Estate, had 200 employees who had not recorded commission income from January to September this year, and entered the high-risk list. They had the opportunity to be dismissed before the end of the year. Chen Yongjie, vice chairman and head of the residential division of Centaline Property Asia, said that the agency is now difficult to eat, but the group will adopt a natural loss strategy before the end of the year. It is estimated that there will be a natural loss of about 300, accounting for about 6 of the bank’s current total staff of about 5,000. %, the whole industry believes that there will be an opportunity to record 5,000 people unemployed this year, accounting for about 25% of the active agent number of about 20,000.

Wang Dunjing, president of Xiangyi Real Estate, also believes that the trend of less and less investment in the property market will be more serious in the future. The worst moment of the agency industry has not yet arrived. It is estimated that there will be more agents in the future, and the industry will also usher in a wave. Layoffs.

According to the Real Estate Agents Authority, as of the end of September, the number of agents licensed reached 39,934, an increase of 243 people per month, a record high for seven consecutive months. If the number of first-hand and second-hand residential transactions in this month is less than 3,000, that is, every 13 agents Fight for a single.