As many of our readers will already be aware, Sunday March 8th marks International Women’s Day. This is an event that is celebrated around the globe each year with the backing of the United Nations, with this year’s theme being ‘Generation Equality’.
What many readers may not be aware of is that the property business is one where women are strongly represented at all levels. Indeed, a recent study found that women account for about 65 per cent of the current real estate industry. Not only are there a growing number of women running real estate agencies around the country, they are also taking prominent positions at the head of the industry. The current President of the REIV, Leah Calnan, is a prime example.
Another fact worth remembering on International Women’s Day is that the numbers also positively favour women when it comes to property ownership. According to the most recent Australian Census, 60 per cent of Australian women own their home, whether with a mortgage or debt-free, compared with 56 per cent of men.
The ABS data shows that home ownership is higher for women than men in all age groups up to age 65; and that women also tend to pay off their mortgages earlier. Even in the under-35 age bracket, 27 per cent of women own their home compared with 21 per cent of men.
Here at Ian Reid Vendor Advocates, we are proud that women play a key role at all levels of the business, providing experienced and objective advice to our clients on a wide range of property-related questions.
So why not give one of the team, (whether male or female), a call on 9430 0000 today? You’ll also find lots of timely tips in our free booklet, “Fatal Real Estate Traps Exposed”.