The REB Top 50 Women in Real Estate 2023 ranking has been released
The rankings recognise the achievements of high-performing female residential real estate agents operating throughout Australia.
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As challenges mount for agents amid rising interest rates, turbulence in the property market and deflated buyer demand, the rankings provide industry-wide recognition to female agents who have achieved stellar results and gone above and beyond for clients in their local area.
The rankings not only celebrate female agents who set strong professional performance standards in Australia, they also empower agents to win more listings.
Furthermore, they offer a benchmark for success and a record of achievement that others can emulate.
TOTAL NUMBER OF SALES
While the property market boomed during the peak of the COVID-19 crisis, it lost steam in 2022 due to rising interest rates and inflation.
As a result, the total number of sales made by the top 50 female agents fell from 5,231 in 2021 to 4,589 in 2022. Out of this, the top 10 agents made 1,137 sales, lower than the 1,301 made in the previous year.
Similarly, the combined value of residential properties sold across the top 50 agents dropped from $8.9 billion in 2021 to $8.5 billion in 2022. However, the top 10 female agents held steady, selling $2.7 billion worth of properties in 2022 compared to $2.8 billion in 2021.
The average sale price increased from $1.7 million in 2021 to $2.2 million across the top 50 agents, and from $2.2 million to $2.5 million across the top 10 agents.
Properties spent more time on market in 2022, up from 28 to 33 days across the top 50 female agents, and from 28 to 34 days across the top 10 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 sale value across the 2022 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 reveal 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 real estate in Australia. For instance, the top 50 female agents had an average of 17.3 years of industry experience (up from 16.5 in 2021) while the top 10 had 20.2 years, down from 21.7 years in 2021.
The top 50 agents had 1.99 support staff to assist them while the top 10 agents had two support staff to assist them.
|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 sale 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 2023 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 2023 ranking.
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