One of the reasons REA may have such a high pricing power in Australia : real estate agent commissions are quite low in Australia.
The average real estate agent commission in Australia is between 2 % and 2.5 % (source : REA in Aug 22). My personal experience is that we can get much less than 2 % in metropolitan areas.
This is to compare with an average commission of 5 % to 6 % in the US (source : Forbes Sept 23) and commissions at 4 %+ in France.
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$219.12 |
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Mkt cap ! $28.94B |
Open | High | Low | Value | Volume |
$218.16 | $219.12 | $217.55 | $28.29M | 129.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 460 | $218.40 |
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Price($) | Vol. | No. |
---|---|---|
$219.29 | 520 | 2 |
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No. | Vol. | Price($) |
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1 | 460 | 218.400 |
1 | 424 | 218.330 |
1 | 101 | 217.790 |
1 | 520 | 217.710 |
1 | 948 | 217.650 |
Price($) | Vol. | No. |
---|---|---|
219.290 | 520 | 2 |
219.540 | 520 | 1 |
219.550 | 300 | 2 |
219.680 | 312 | 1 |
219.790 | 520 | 1 |
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