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Placed Australia

Closing your Real Estate Agency or Selling your Rent Roll? How to look after your staff if you do...

Updated: Apr 9



We sometimes dive into topics that are not widely discussed across Real Estate, but the topics are extremely important and can help people navigate around or away from situations where there is not a heap of information...


Closing or selling your Real Estate Agency, or a part of it, is a big deal! The time, effort and expense you went to, to set-up an Agency, only to close it, can be heart-breaking, but it happens... You will not be the first and you will certainly not be the last...


It could simply be circumstantial like a divorce, retirement, moving interstate or a new opportunity somewhere else. It can be market conditions in your area, you may just want to pull-back and concentrate on selling yourself, or simply re-position by selling your Rent Roll, cashing-up and cracking-on, but whatever the reason, if you have made the decision...what do you do with your human capital?


How to help your staff the best way possible...

Coming into the office on a Monday morning or Friday afternoon and announcing the news that business is closing or has been sold, is a daunting task. Just telling them that the show is over and leaving them to sort it all out for themselves, with no real alternative suggestions or assistance is a sloppy way to handle it. It can be done so much better...


Finding qualified staff is hard enough...letting them go is devastating, not just for you but of course, for them too... Skilled staff are extremely valuable and bringing a recruiter in on the meeting or being able to hand out the details of the Recruiter at the meeting will give assurance to your staff that they are not mindlessly being turfed onto the street with no support.

As experienced Recruiters in Real Estate, the team at Placed Australia have seen this scenario a few times already and we have been pro-active in putting our hand-up and offer Agency Owner's assistance in helping find their staff new roles. It has worked brilliantly on all fronts.


Placed Australia are constantly on the hunt for experienced Real Estate staff for our clients, and chances are, we could help line-up each one of your team with another role before you close the doors, and if managed correctly, could ensure you have a team in place, with jobs too go to, right up until the last day...


It's a huge win for your team, It make's you look better if managed properly, it's a win for us and a huge win for someone else looking for an experienced person to join their business...



Unfortunately, we usually only find out these things when a candidate reaches out for help after the fact, and in the discovery process, we learn that a business is closing or the Rent Roll has been sold-off...and we sometimes find out there are more people who are effected...


In these instances, we usually contact the Agency Principal and introduce ourselves and offer to help place anyone in their business who may be effected by the change or even help them re-position. This is usually met with a huge sigh of relief and open doors to contact the effected staff with their blessing, and see what we can do with helping them get into new jobs...


If your Recruiter is involved before you make the announcement, they can prepare some supporting information for you to give out, provide you some guidance on what to say, resume support and superior market insight as to alternate opportunities, so you go in with confidence and a plan for your team. We can even come into your office and address your team and talk them through what we can do for them to make the process less stressful.


You don't have to wait for us to find out, you can simply pick up the phone and contact any one of our specialist Recruiters @ Placed Australia to see how we can help your staff secure alternate employment.


Maybe not everyone needs help, but I can assure you, if you go to your staff and introduce specialist Recruiters as part of your transition plan, it will make a remarkable difference to the people it will effect.


It's Your Move...






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