The business of real estate today is vastly different than even 12 months ago. Coming out of the pandemic Australia had a booming property market that propelled many agencies to full speed. Today, rising cost of living, high inflation and rate rises are seeing a slow-down in agency revenue and profitability.
To better understand the big issues for real estate leaders across Australia we conducted a process of group consultation and individual surveys to get a clear sense of key challenges and opportunities emerging for the real estate industry, individual businesses, and teams.
In addition to highlighting key challenges this report also delves into key issues of;
- Cyber security,
- Talent, and
- Digital transformation.
Download this free report to see what is top of mind for Real Estate Leaders in FY24.
The property industry is the engine room of Australia’s economy. Agency leaders are feeling the pinch of a significant downturn in both sales and property management revenue. This reports helps highlight the key issues and optimism for the future of real estate in Australia.
– Josh Symons, Director of Strategy & Growth, MRI Software