There is quite a change happening for Residential Surveyors at the moment; the purchase prices for houses are booming more than ever, with demand seemingly outstripping supply in some areas. Houses are sometimes sold within minutes of hitting the market and where buyers make an offer of asking price only, this often leads to disappointment.
There are a range of reasons for this, the Stamp Duty holiday is definitely one but doesn't account for such a dramatic shift on its own. One of the big factors is the city to countryside movement of people that has been driven by the pandemic and also by the changes in the way people work. If you don't have to commute into an office every day and can work remotely, the green space and quieter lifestyle of a place like Devon suddenly seems attractive.
Since the first lockdown, everyone has been facing the effects of working from home and for those who didn’t live in the nicest of places – being confined in the same four walls for the majority of the day, week after week became a little more than a joke. So as the home transitioned into the workspace, a lot of people realised that they needed a change of space. As all of this happens, it is having both positive and negative effects on surveyors – while this means profits are raising high, so is the pressure they’re under in an effort to try and meet all the demands. It provides new environments for you to work in, allowing the job to remain interesting long after you are well established into your career.
There are a multitude of reasons as to why you may want to pursue a career in residential surveying:
The overall demand for the skillset that the job provides.
You get to help in shaping the world around you.
You get to travel around your area, not trapped in an office the entire day.
Starting salaries for surveyors typically range between £30,000-£40,000 per annum but can rise to £60,000.
Many surveyors already have or are reaching retirement age, which means that the sector is crying out for skilled individuals to fill vacancies. According to the Royal Institute of Chartered Surveyors' (RICS) website, surveying as a role and the skills that come with it are in high demand everywhere in the world.
For surveyors, this is a great time to be working; who doesn't want to be in a role where talent is in demand and work is plentiful.
So, for those who are fortunate enough to hold a RICS qualification, the world is your oyster.
We're working with a range of clients across the UK that are actively seeking surveyors now. With a range of vacancies and opportunities that include both permanent and freelance roles. If you are a Residential Valuation Surveyor, what are the pros and cons of the different opportunities? Could now be the time to take the leap into a new role or even change how you work entirely?
The benefits of being an employed Residential Surveyor:
You will have a guaranteed salary.
You receive commission.
You’ll also receive a number of company benefits – car or allowance, annual leave, sick pay, pensions etc.
If needed you will be provided with training.
You will be supported be a team of colleagues.
The benefits of being a freelance Residential Surveyor:
You’ll manage your own diary – you choose what days and times you want to work.
Control over earnings with many consultancy firms working on a 50/50 or 60/40 profit share
You are in control of your work life balance.
More say over the patch you work with your primary and secondary postcodes.
The ability to earn up to £30,000 a year a two day working week.
You will often have to organise your own PI and professional training, but this is offset by the ability to run your own business. Some consultancies will cover PI but will offer you less of the profits for this.
If this has interested you in any capacity and you are looking for a new change of pace in your work life, check out our vacancies! We have roles for both employed and freelance Residential Surveyors so regardless of your preference – you should consider sending over your CV.
Kate is one of our candidate consultants and her focus is on matching the right people to the right roles, so book some time with Kate to discuss your next career move here.
Get in touch with Kate for an informal chat about your next career move