Welcome to this month’s REIP Industry Pulse.

July saw 50% of Australia’s population plunged into lockdown due the rapid spread of the Delta Strain with borders being “slammed” shut. This it seems will be the next normal until we have a high percentage of the population vaccinated. I did my bit and got my first Pfizer shot a few weeks ago.

During this turbulent time, the real estate sector has reacted and pivoted quickly to the ever-changing circumstances, and I’ve watched many successful adaptations to how we conduct our business including virtual inspections, flexible working and contactless exchanges.

However, these restrictions will have an impact on consumer confidence and a financial impact on our businesses. As leaders most importantly we need to check in with our people, connecting on a regular basis and creating a consistent rhythm and cadence is vital.

Also important is encouraging our people to get vaccinated. With many of them on the front-line meeting clients and placing tenants into properties, being able to reassure the public that the industry takes public safety seriously and that we have done everything possible to keep our communities safe will help us restore some of the consumer confidence that’s been lost.

To continue our support of the real estate sector during this difficult time, REIP has recently brought on a number of new partners. REIP membership is free, and you can find out more about membership and how our partners can support you at reip.com.au.

Stay connected,

Sadhana Smiles
CEO

Phone: 0403 271 676
Email:  sadhana.smiles@reip.com.au
Support: support@reip.com.au