Revealed: REB Top 50 Sales Offices ranking

Revealed: REB Top 50 Sales Offices ranking

The list ranks real estate sales offices across Australia according to a three metrics: the number of properties sold, the total dollar volume of properties sold and an efficiency rating determined by the ratio of sales to support staff

Top 50 Sales Offices (Top 10) - Volume of Sales

Phillips Pantzer Donnelly had the lead for shear volume of sales with over $1.1bn, however they had 12 sales agents, 20 sales support staff and a staff efficiency rating of 14.94. Fletchers Projects takes the top prize this year with just over $300 million in sales with just 5 sales agents, 1 sales support staff and an elite staff efficiency rating of 77.17.

Top 50 Sales Offices (Top 10) - Staff Efficiency Ratios

The Staff Efficiency Ratio is a function of the amount of sales in the year divided by the number of sales focused staff. The more sales an office can make with minimal staff, the more efficient that office is

Fletchers Projects is far clear of the rest of the pack in this years Real Estate top 50 sales offices, with shear volume not being enough for many sales offices in this years rankings. Victoria was the best performing state with 20 sales offices out of the top 50, followed by NSW with 15.