Marec'16

KUALA LUMPUR (March 11): The tech-savvy Gen-Y agents and Gen-X agents with wide networks should team up to grow the industry, said young real estate leaders.

“I believe in teamwork. The Gen-Y are more tech-savvy but they lack the network [of contacts], while their senior colleagues have it. While the Gen-X are not familiar with new technologies, the Gen-Y are good at them. If these two generations work together, everything will be more efficient and easier,” said Real Estate Finders Sdn Bhd co-founder Raphael Wong during the session entitled “Next Generation Leadership Forum” at the Malaysian Annual Real Estate Convention 2016 today.

Another panellist at the session, Three Acres Real Estate Sdn Bhd co-founder Ben Lee, said the Gen-Y are more open-minded and willing to embrace change, while the Gen-X are more steady.

“I realise that the Gen-Y and Gen-X have their own way of getting deals. Sometimes it is good if you give them more freedom to build their careers, rather than control them,” Lee noted.

He said this is also the key to getting the younger generation to join and stay in the real estate industry.

Knight Frank team leader Teh Young Khean added that to help the younger generation stay and grow the industry, their leaders should provide a vision of their future prospects, as well as include them as part of the business.

“To keep them (Gen-Y) going, a leader should make them feel this is not a job, but a career, to make them proud of their business,” Teh remarked.

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