An estate agency recruiter has welcomed the new Propertymark apprenticeship scheme, saying that it could help turn around the sharp decline of entrants into the profession.

Property Personnal managing director Anthony Hesse said: “The number of new recruits has fallen off a cliff in recent years.

“We’ve seen a 55% drop in the number of people looking to get into estate agency since 2016 – a shocking loss of more than half of new recruits in just 24 months.

“When you combine this with a steady flow of experienced staff leaving the industry, as well as those joining the raft of online-only agencies, the situation looks even more unsustainable.

“So this new apprenticeship scheme from the NAEA is nothing less than a vital initiative which will breathe new life into the industry.”

Hesse added: “It’s true to say that estate agents are no longer earning the money they once were, so the appeal of the profession has dropped accordingly.

“In the meantime, as we’ve often said, agents can help tempt new recruits with offers of flexible working arrangements and a better work/life balance.”

The Propertymark junior estate agent scheme will set standards for apprentices, so that they will have a uniform training experience no matter which firm they have gone to work with.

Each apprenticeship will have government funding to the tune of £4,000.

During their year-long apprenticeship, the new recruits will carry out a wide variety of roles under supervision, including arranging and booking viewings, accompanying colleagues on viewings, collecting keys, and learning how to use the portals.