Real Estate Agency Franchises in Australia - Industry Market Research Report

Real Estate Agency Franchises in Australia - Industry Market Research Report

Real Estate Agency Franchises in Australia

The Real Estate Agency Franchises industry provides real estate services through franchisees, which pay royalty and renewal fees to franchisors. Franchises have faced varying trading conditions – rising residential housing prices have been boosting real estate agents' commission fees, enabling them to earn more income on property sales. However, falling housing transfer numbers have been limiting growth, and government-mandated movement and trading restrictions constrained demand for non-residential property services – particularly for retail and office spaces. Industry revenue has been growing at an annualised 5.3% to an anticipated $13.6 billion over the five years through 2022-23.

Industry players operate real estate agency franchises. Industry firms (franchisees) pay franchise, royalty and renewal fees to the franchisor in exchange for branding, marketing, administrative support, training and other services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.