Bayleys' offers newbies a leg-up

Managing director Mike Bayley. Photo / Supplied

Bayleys Real Estate is offering a series of property scholarships worth nearly $50,000 each encompassing all sectors of the property market - including commercial and industrial, residential and rural.

Managing director Mike Bayley said the Bayleys' Working Scholarship applications will be open to anyone regardless of age, background, education or location. Existing real estate sales consultants with up to two years' industry experience were also eligible to apply. Each of the scholarship packages on offer will include:

Full training with an Industry Training Organisation (ITO) approved body, under the new Real Estate Agents Act, to gain a national salesperson licence;

A four-day intensive training course at Bayleys Property College in Auckland with a special emphasis on working within the new Real Estate Agents Act;

Creation of an agent profile website and personal biography enabling the scholarship recipient to "hit the ground running" when seeking new listings and customers; and

$5000 worth of property advertising in Bayleys' suite of national magazines in whichever property sector the scholarship recipient chooses.

"Successful scholarship recipients will also be offered employment with Bayleys, encompassing a guaranteed salary if they choose," Bayley says.

"Scholarship applicants should be able to demonstrate a passion and commitment to the real estate industry, along with possessing strong 'people' skills, and a desire to build their own business brand under the Bayleys' umbrella. These scholarships are about creating solid career opportunities with well-defined career paths.

"The Bayleys Working Scholarship acknowledges that for many people, personal financial constraints may prevent them from following their true ambitions of becoming the real estate professionals."

Applications for the scholarships will be accepted up to April 16.

Bayleys' recruitment manager Carol Henry said the scholarships would guarantee a salaried retainer to help the novice establish themselves in the marketplace and quickly come up to full earning potential.