SEARCH   
MEMBER LOGIN    

Real Estate Agency Franchises in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Real Estate Agency Franchises Market Research Report | Business Franchises | Finance & Business Advisory Franchises | May 2014

Moving online: Real estate websites have increased competition for industry franchises

The Real Estate Agency Franchises market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
LJ Hooker LJ Hooker market share
Ray White Group Ray White Group market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 09-14
1.0%
Annual Growth 14-19
Purchase to read more
Profit
Purchase to read more
Employment
32,769
Businesses
3,463
Industry Analysis & Industry Trends

Over the past five years, the Real Estate Agency Franchises industry has recovered from a painful period. Towards the start of the period, the industry's major markets all reduced their spending, suffering from the effects of the global financial crisis. Residential and non-residential sales suffered, while demand for rentals increased due to a shift in consumer behaviour. Consumers focused on paying down debt rather than increasing it, resulting in weak volumes of dwelling commencements and a fall in housing prices.

Industry revenue has recovered following the declines of 2008-09 and 2009-10. This has been due to record low interest rates and a rebound in consumer sentiment as woes in financial markets have eased... purchase to read more

Industry Report - Industry Investment Chapter

The industry has a low level of capital intensity, spending an estimated $52.62 on labour for every dollar spent on new capital. Capital intensity is low because industry operators have little need for machinery, plants or equipment compared with other industries. The industry's capital investments are mostly in office equipment, information technology, telecommunications technology and automotive transport. The depreciation costs associated with these capital investments are relatively small in proportion to wage costs. Labour costs are high due to the high level of personal contact with clients and related parties, such as property owners, buyers and tenants.

Capital intensity has increased slightly over the past five years due to improvements in technology... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Real Estate Agency Franchises Industry?

This industry operates real estate agency franchises. Industry firms (franchisees) receive branding, marketing, administrative support, training and other services for franchise, royalty and renewal fees to the franchisor.

Industry Products
Residential salesResidential leasing and managementNon-residential salesNon-residential leasing and management
 
Industry Activities
Conveyancing (other than by a qualified practitioner)Real estate managementReal estate title transfersValuing of real estateReal estate agency, auctioning, body corporate management and brokeringReal estate agency franchise licensingConveyancing (other than by a qualified practitioner)Real estate managementReal estate title transfersValuing of real estateReal estate agency, auctioning, body corporate management and brokeringReal estate agency franchise licensing


View Sample
Quote
Select Clients