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Podcast: The Numbers Game
Episode: Has Realestate.com.au Become Too Powerful?
Description: Is Realestate.com.au too powerful? Vendors are forking out thousands just to list their property, agents are copping big subscription hikes, and the ACCC is asking questions about postcode pricing. REA Group, the business behind the site, now pulls in over 12 million users a month and $1.7 billion in revenue, leaving Domain in the dust. We break down how the network effect built this juggernaut, the impact on sellers and agents, and whether any competitor can really break through.On this episode, we discuss:(00:00) Intro(00:06) Is Realestate.com.au Becoming a Monopoly?(01:34) Domain...