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Realtor to continue recruitment despite slower property market

Realtor to continue recruitment despite slower property market

Taipei, Jan. 21 (CNA) Yung Ching Realty (????), one of the leading estate agents in Taiwan, said Wednesday that it will continue to recruit new employees, even though the local property market is showing signs of slowing down. Although the realtor did not disclose how many new employees it will seek to hire this year, Yung Ching said recruitment has been part of a regular campaign in a bid to expand its capacity, regardless of falling housing transactions. According to statistics compiled by the Ministry of the Interior, transactions of homes, shops and offices for the first 11 months of last year in Taiwan totaled 290,458 units, down significantly from the 336,664 units that changed hands in the same period of the previous year. Liao Pen-sheng (???), president of Yung Ching Realty, said that new compnay employees will be guaranteed a monthly salary of NT$50,000 (US$1,582) for the first nine months of employment, while they will be provided with 360 hours of on-the-job training. In addition, senior employees will serve as mentors for the newcomers in a bid to help them become familiar with the market as quickly as possible, Liao said. Liao said his company will provide its employees with high-tech devices such as iPads and effective apps that will link to Yung Ching's 27 year-old data base, a move that will speed up the pace of finding appropriate properties for customers and improve the company's service quality. The executive also said that Yung Ching has a flexible working hour program to allow its employees to spend more time with their families, while the company provides its employees with company tours and overseas incentive tours. He said that the company encourages its employees to find partners inside the company to build their own families. Earlier this month, Yung Ching doled out more than NT$30 million in prize money to employees who got married and had babies. Market analysts said that transactions of residential and commercial property for the whole of 2014 could have fallen to a new low of more than 10 years to a level of less than 320,000 units amid fears that the government will come up with more measures to rein in high-flying home prices. (By Wei Shu and Frances Huang)


Updated : 2021-09-25 10:24 GMT+08:00