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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 | Aug 2012

Sales restrictions: Subdued house prices and dwelling approvals affect revenue and profit

IBISWorld’s Real Estate Agency Franchises market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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
$4bn
Annual Growth 08-13
-1.7%
Annual Growth 13-18
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Profit
Purchase to read more
Employment
30,540
Businesses
3,434
Industry Analysis & Industry Trends

Over the past five years, the Real Estate Agency Franchises industry has contracted. Mired by the global financial crisis, the industry's major markets have all but shut down. Residential and non-residential sales have dropped, while rentals have increased due to a shift in consumer behaviour. Consumers have been more focused on paying down debt than increasing it, resulting in lower dwelling approvals and slow growth in housing prices. Government stimulus campaigns have provided some support to the industry, but overall consumers are remaining cautious. As a result, industry revenue is expected to contract at an annual rate of 1.7% over the five years through 2012-13. In 2012-13, revenue is forecast to decline by 4.4% to just $4.47 billion... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the decline stage of its life cycle. Its contribution to the economy (industry value added) is estimated to decline at an annualised 1.1% over the 10 years through 2017-18. Meanwhile, the Australian economy is forecast to grow, with GDP estimated to increase at an annualised 2.4%. Consequently, the industry's economic contribution is shrinking in proportion to the Australian economy. This suggests that the industry is in the decline stage of its life cycle.

The decline in industry valued added is mostly due to weaker operating profit margins. Real estate agency franchises are expected to experience reduced profitability due to strong competition from online real estate services... 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 property managementNon-residential salesNon-residential leasing and property 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


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