Lyndell Pilkington is Principal of Laing+Simmons Quakers Hill.
How did you start in the real estate business? Have you always worked in this industry or did you do something else previously?
Real estate runs in our family. I began my career in the industry at the tender age of 11, answering phones on the weekend and in the school holidays in the family business. Then when I turned 18 I commenced full-time work in real estate and I haven’t looked back since.
What do you love about your job? Is real estate a good profession?
I think real estate is a wonderful profession for people with the right mindset and work ethic. You get to make a difference in people’s lives day in, day out. Helping people through the purchase of the sale of a property is tremendously rewarding. It’s a process that can seem daunting and stressful to clients so with the right approach, communication and simply understanding their needs, you can make a really positive difference.
What would you like to see done differently in the real estate industry?
Personally, I would prefer to see the certification and qualification process become even more stringent. As an industry, we should be doing all we can to ensure we operate with the highest standards of integrity and professionalism at all times. While the vast majority of real estate professionals do so, it only takes a few bad operators to impact the industry’s reputation in consumers’ eyes. It should be harder, not easier, to become accredited.
What’s your advice to a young person thinking of entering the real estate profession?
My advice would be that it’s a great career path than can be very rewarding, but they must be dedicated and passionate because it’s also a very demanding job. They must have a genuine passion for real estate to succeed, otherwise there are other less challenging professions out there.
What do you think of talk that Sydney is headed for an inevitable property “bubble”? What’s your outlook for 2016?
Most of the bubble talk has come from or been influenced by US experts who have no real understanding of our market. They think because they had a bubble in the US that our market will follow suit. I believe that we still have a strong economy and that there are more people wanting houses than are being built. Therefore demand will stay strong, especially while interest rates are so low.
What was your first home?
I went thirds in an investment property in Kings Park with my sister and brother in law. This was back when interest rates were 17 percent!
Where do you live now?
Quakers Hill
If money were no object, what would your dream property be?
I would love a holiday house on the water in Noosa, but for my lifestyle and that fact I work in Quakers Hill, I am really happy with my current home.