REAL ESTATE BUSINESS
The REB Top 50 Women in Real Estate 2024 ranking has been revealed
The ranking celebrates women in residential real estate who have achieved strong sales numbers and set the benchmark for excellence across Australia while highlighting how they have capitalised on opportunities to grow in their agencies.
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Welcome to the ninth annual REB Top 50 Women in Real Estate ranking
The ranking provides industry-wide recognition to female agents who have gone above and beyond for their buyers and vendors and succeeded in obtaining strong sales prices despite battling numerous challenges.
It also singles out women who set strong professional performance standards throughout the 2023 calendar year, empowers them to win more listings, and offers a benchmark for excellence that other agents can aspire to.
4,184
Combined number of residential properties sold
Despite agents facing multiple economic headwinds like higher interest rates and a housing supply shortage, there was only a modest decline in sales transactions. The top 50 women in real estate sold 4,184 properties for a value of $8.4 billion in 2023, down from 4,589 properties sold for $8.5 billion in 2022.
The top 10 agents made 1,064 transactions for $2.68 billion, down from 1,137 properties sold for $2.72 billion in 2022.
2023 VS 2024
THE
NUMBERS
TELL THE
STORY
2,437,120
Average sales price
The average sales price climbed from $2.2 million to $2.4 million across the top 50 agents, and from $2.5 million to $2.6 million across the top 10 agents in 2023, mirroring the overall growth in home values across Australia.
However, the top 50 agents sold fewer properties on average (down from 92 to 84). Analysis of the top 10 women in real estate also revealed a downward trend, from 114 to 106 year on year.
Likewise, the average value of these transactions fell from $169.5 million to $167.5 million across the top 50 agents, and from $272.4 million to $268.4 million across the top 10 agents.
The REB Top 50 Women in Real Estate ranking offers unique insights into the Australian real estate market, made possible by tracking the nation’s leading agents.
The rankings are determined by using a range of metrics, including the number of properties sold, the total dollar volume of properties sold, and the average sales value across the 2023 calendar year.
Each agent is ranked comparatively across these three metrics against their peers, with the combined comparative score used to determine the top-ranked Australian agents.
The annual rankings also illustrate changing or ongoing trends in the real estate industry, while highlighting opportunities and challenges impacting Australia’s property market.
Analysis of the data allows us to create a profile of the top-performing women in the Australian real estate industry. For instance, the top 50 female agents had an average of 16.1 years of industry experience compared to 17.3 in 2022. The top 10 agents had spent an average of 18.7 years in the industry, compared to 20.2 years the previous year.
The top 50 and top 10 agents had two and 1.8 support staff respectively last year.
In the coming weeks, REB will release a series of articles containing insights from some of our Top 50 Women in Real Estate across Australia about the strategies they implemented to succeed and tips for other agents. Keep an eye out for those!
REB TOP 50 WOMEN IN REAL ESTATE 2024
| Rank | Agent name | Company | Suburb(s) serviced | State | Years in industry | Support staff | Average days on market | Residential property listings secured | Residential properties sold | Total value of residential properties sold | Average sales price |
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Disclaimer: Real Estate Business has undertaken a process to ensure the accuracy of data used to formulate the Top 50 Women in Real Estate 2024 ranking. Data for the ranking was supplied by individual agents, offices and/or head offices. While Real Estate Business has made every attempt to validate the accuracy of the data, any errors or omissions are the ultimate responsibility of the company or individual that supplied the data and any associated information. To the full extent allowed by law, or the ranking participants, its publisher Momentum Media and Momentum Media employees excludes any liability for any loss or damage sustained by readers arising from the supply, use, or promotion of the Top 50 Women in Real Estate 2024 ranking
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