The REB Top 50 Women in Real Estate ranking for 2021 has been revealed.
The REB Top 50 Women in Real Estate highlights and recognises the female agents who are leading the way in Australian residential real estate sales.
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TOTAL NUMBER OF SALES
It’s the sixth year of the ranking, which sets the benchmark for Australian female real estate professionals working in the residential property space.
This prestigious ranking offers listed agents industry-wide recognition as a top-performing agent and offers another avenue through which the profession can celebrate success. It also provides a framework for high-achievers – and those aspiring to be considered among the best – to track their professional performance standards.
TOTAL VALUE OF SALES
Compiled through a comprehensive process, the metrics used to generate the REB Top 50 Women in Real Estate ranking include the number of properties sold, total dollar volume of properties sold and the average sale value.
Each and every agent is ranked against their peers using these three metrics, with a combined comparative score then able to determine the top-ranked agents in the country.
Since the ranking’s beginnings, the REB Top 50 Women in Real Estate has been able to provide valuable insight into the trends, opportunities and challenges that have faced not only the real estate profession, but the Australian property market and the general population more broadly.
Last time the total value of sales among the Top 50 Women in Real Estate sat above $5 billion was back in 2018, when $5.47 billion in total sales was reported.
The only other time that the ranking has reported over $5 billion worth of property sales collectively was in 2017, when the total came in at $5.01 billion.
That total value of sales boost has also translated to the Top 10 Women in Real Estate, who collectively reported $1.64 billion worth of sales in 2021, up from the $1.52 billion recorded in 2020.VIEW CONTESTANTS
Taking a deep-dive into the data, REB can reveal that the average agent in the Top 50 Women in Real Estate 2021 is someone who has 16 years of experience.
The average agent has 2 support staff, has listed 89 properties and takes 43 days to sell a property.
Among the top 10 agents, these women have, on average, 18 years of experience.
They also have 2 support staff, have listed fewer properties (86), but have gone on to sell the property within 37 days.
AVERAGE SALES PRICE
It’s below the $1.33 million recorded in 2020, the $1.39 million figure from 2019, and the 2018 high of $2.04 million.
Among the ranking’s top 10 women, an average selling price of $2.07 million was achieved, which also sat below 2020 figures, when the average top 10 agent sale netted $2.17 million.
This year’s results were always going to be abnormal, given the continuing COVID-19 crisis that had an impact Australia-wide from March 2020.
Australia’s top female agents were not unaffected, with commissions also taking a hit.
In 2021, a top 50 agent took home an average commission of 1.79 per cent per sale, in contrast with 2020’s 1.83 per cent.
Among the top 10 performers, average commission was just 1.34 per cent – a drop from 2020’s 1.65 per cent.
Despite this, a markedly shorter turnaround time was achieved across both the top 50 and the top 10 women in real estate, with top 50 agents taking just 43 days to sell a property, and top 10 agents doing so in just 37 days.
In 2020, both a top 10 ranked agent and a top 50 ranked agent took 45 days.
|Rank||Change||Agent Name||Company||Suburb(s) serviced||State||Years in industry||Support Staff||Days on Market||Residential listings (CY20)||Residential settlements (CY20)||Total dollar value of settlements||Average Sale Price|
Real Estate Business has undertaken a process to ensure the accuracy of data used to formulate the Top 50 Women in Real Estate 2021 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 2021 ranking.