An exclusive ranking has revealed the total value of sales Australia’s top agents have achieved over the past 12 months, and how this compares to years prior.
The REB Top 100 Agents ranking, partnered exclusively by ActivePipe, has been handed down this week, setting the benchmark for success in residential real estate sales.
Now in its ninth year, the ranking identifies those a cut above the rest, showcasing those agents who have navigated their way through challenging markets and used their expertise to ensure the best results.
This year saw the total number of sales for the top 100 decrease to 9,124 from 9,349 in 2019. This represents a steady decline over the past three years, with 9,507 sales recorded for the top 100 in 2018.
Confined to just the top 10 agents, the total number of sales was 1,269, which is also down from 2019 figures where the total number of sales recorded by the top 10 agents sat at 1,436. In 2018, the total number was 1,378.
One of the other components of the ranking looks at total value of sales.
This year’s ranking reveals the total value of sales for the top 100 agents fell to $12.9 billion in 2020, from $13.9 billion in 2019 and $15.6 billion in 2018.
“In 2017, the total value of sales for the top 100 sat at $14.2 billion. In 2016, the total value of sales came in at $13.9 billion,” the report said.
“Looking exclusively at the top 10, the total value of sales declined to $2.8 billion in 2020, from $3.5 billion — which was the amount recorded in both 2019 and 2018.
“The total value of sales for the top 10 sat at $3.2 billion in 2017 and $2.7 billion in 2016.
“The average dollar value of sales per agent fell from $139.5 million in 2019 to $129 million in 2020. By comparison, the average dollar value of sales per agent was $115.6 million in 2018 and $142.2 million in 2017.
“It also declined to $276.8 million in 2020, from $345.4 million in 2019, $344.0 million in 2018 and $318.8 million in 2017, for the top 10.”
Click here to access this year’s full report and find out who made the cut in this year’s ranking.
ABOUT THE AUTHOR
Emma Ryan is the deputy head of editorial at Momentum Media.
Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.
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