Andrew Seldon, Managing Director at Belvoir and former leader at LMAN, dives deep into the pressing issue of low pay in the estate agency sector. He argues that £25,000 is insufficient for branch managers, considering the long hours and high stress. The discussion highlights why many staff leave for self-employed roles, the challenges of stagnant salaries, and the impact of low commission structures on retention. Andrew also shares actionable advice on negotiating salaries, emphasizing the importance of training and mentorship to enhance employee morale.
