Conference paper
Changing demands for property professional service and its impact on tertiary courses – an Australian study
Proceedings from the Pacific Rim Real Estate Society Conference, pp.1-12
Annual Pacific Rim Real Estate Society Conference, 17th (Gold Coast, Australia, 16-Jan-2011–19-Jan-2011)
Pacific Rim Real Estate Society (P R R E S)
2011
Abstract
Over the last decade there has been a demonstrable shift of the demand for property professionals in Australia. This has been driven, in part by rapidly changing technologies and client demand; however, it also reflects the growing complexity and level of sophistication of property markets and the strategic and operational management of this asset class. These changes will almost certainly impact on the existing workforce in the short to medium term and, therefore, should influence both tertiary education programs and professional development courses. The expectations and aspirations of students now entering these courses also need to be considered. Whilst these would seem to be critical issues for the professions, students, educational institutions and ultimate clients, much of the information on and projections of future demand for property professionals in Australia appears to be, at best, anecdotal. In 2010, the author, in association with the Australian Property Institute, collected primary data from key informants drawn widely from senior property professionals and from client / user groups of valuations and property analysis, in both the public and private sector organisations. The informants were asked to provide their perspectives on the current and future roles of property professionals across the business and wider community. The results of in this study indicate that there is uncertainty regarding the future of some of the mainstream activities currently undertaken by valuers. Much more positively, however, this research strongly identifies a growth in demand and emerging opportunities for generic professional skills in property. These findings may have a significant impact, not only on the profession and professional bodies, but also in providing some clearer direction to tertiary and other institutions providing both initial qualifications and professional development courses and retraining into the future.
Details
- Title
- Changing demands for property professional service and its impact on tertiary courses – an Australian study
- Authors
- Michael Hefferan (Author) - University of the Sunshine Coast
- Publication details
- Proceedings from the Pacific Rim Real Estate Society Conference, pp.1-12
- Conference details
- Annual Pacific Rim Real Estate Society Conference, 17th (Gold Coast, Australia, 16-Jan-2011–19-Jan-2011)
- Publisher
- Pacific Rim Real Estate Society (P R R E S)
- Date published
- 2011
- Copyright note
- Copyright © 2011 The Author. Reproduced with permisison.
- Organisation Unit
- University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99450146802621
- Output Type
- Conference paper
- Research Statement
- false
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