560,979Home sales in Australia over 12 months, modelled (Cotality)
34,655Estate agents and agent's representatives in Victoria alone
2.4mHouseholds renting privately (2021 Census)
$564,300Underquoting fines from Victoria's taskforce in 2024-25
Sales from Cotality's housing chart pack (vendor data). Victorian licences and taskforce fines from the CAV annual report 2024-25: 18,694 estate agents and 15,961 agent's representatives, and 48 underquoting infringements. Renters from the AIHW. A big, regulated market where regulators are actively enforcing price rules.
Vendors don't pick an agent from an ad. They pick from who they've seen sell.
A seller notices who's selling in their street, asks friends, looks agents up online and checks reviews, then invites two or three for an appraisal and decides on trust, the plan and the fee.
01Local signboardsNotices who's selling nearby, and who's selling well.Relevance signal
02FriendsAsks who sold a friend's place and whether they'd use them again.Trust architecture
03GoogleSearches 'how much is my house worth' or 'real estate agent [suburb]'.Relevance signal
04PortalsLooks at agent profiles and recent sales on the portals.Trust architecture
05ReviewsReads what other sellers said, especially about communication.Trust architecture
06AppraisalMeets two or three agents and compares the price, plan and fee.Message match
07Listing signedSigns with the agent they trust to get the best result.Conversion trigger
The psychology
Five worries before a vendor signs.
Selling a home is a big, emotional decision, and for many sellers choosing the agent is the hardest part.
Underquoting cases and taskforces keep agents in the news.
Show them: Your licence details, reviews and a plain account of the price rules you follow.
From my audits
Where agency marketing leaks.
These are the patterns that come up most in agency marketing, and the first things I'd check.
1
All the budget on listings
Paid ads promoting properties the portals already show, and nothing aimed at the next vendor.
2
Appraisal leads nobody tracks
Requests from the website and portals, with no record of which became a signed listing.
3
Suburb pages with the name swapped
The same page copied for every suburb, with nothing local in it.
4
Old reviews
Plenty of reviews, most more than a year old, which looks like an agent past their best.
5
Price lines from last year
Ad wording that was fine under the old rules and isn't now.
Price line checker
Would your price pass the rules?
Pick the state and sale method, enter the agent's estimate and any rejected offer, and the price line from the ad. Checked 2 November 2026. The starting numbers are made up.
Verdict
-
A marketer's check of the numbers and words, not legal advice. Check the state regulator's page before the campaign goes live.
Buyers searching with AI mostly meet portal listings. Agents win on the vendor questions instead.
Be the clear local source
Suburb pages with real sales and local knowledge give AI tools something specific to quote when someone asks about selling in your area.
What to do now
Write a page for each suburb you genuinely know, with recent sales.
Explain how you estimate a price, with comparable sales.
Keep your details the same on your site, Google profile and portal profiles.
Collect recent reviews from sellers, honestly.
Ask ChatGPT who it recommends to sell a home in your suburb. Note who it names.
My take: the portals own the buyer. The agent who explains the local market best owns the vendor, and that's the person who decides who gets the next listing.
Australian rules
The rules for real estate advertising.
Price advertising rules have changed in NSW and Victoria, and Queensland bans auction price guides. These come up most, checked on 2 November 2026.
NSW: a price in every sale ad
For agency agreements signed from 17 November 2026, residential sale ads must show a price or price range, not below the estimate, and online ads must be fixed within 1 business day.
Victoria: reserves before auction
For auctions and fixed-date sales from 16 October 2026, the reserve must be published at least 7 days before. Price ranges can be no more than 10% wide.
What is the best marketing for a real estate agent?
Marketing aimed at the next vendor, not just the current listing: recent local sales that are easy to find, fresh reviews, real suburb pages and fast replies to appraisal requests.
Do NSW real estate ads have to show a price?
For agency agreements signed from 17 November 2026, residential sale ads must show a price or price range, according to NSW Fair Trading.
Can I target Facebook ads by age and postcode for real estate in Australia?
Meta's housing ad restrictions are required in the US, Canada and Europe, not Australia. Target on where people live and what they're doing, not who they are.