Bookkeeping for real estate agencies
Real estate agencies earn commissions as sales settle and regular fees from the properties they manage, while marketing costs rise and fall with each listing. We look after day-to-day bookkeeping for real estate agencies across Australia.
Businesses in Real Estate Services (ANZSIC class 6720)
- Actively trading businesses across Australia
- 45,909 businessesAustralian Bureau of Statistics, Counts of Australian Businesses, June 2025, checked 15 October 2026
- Of those, classified as non-employing
- 27,359 businessesAustralian Bureau of Statistics, Counts of Australian Businesses, June 2025, checked 15 October 2026
- Of those, with 1 to 4 employees
- 12,910 businessesAustralian Bureau of Statistics, Counts of Australian Businesses, June 2025, checked 15 October 2026
Businesses by main state or territory
These counts are for the ANZSIC class Real Estate Services, which includes property valuation, auctioning and management services as well as real estate agencies, so they describe a wider group than agencies alone.
- New South Wales17,018 businesses
- Queensland12,106 businesses
- Victoria10,466 businesses
- Western Australia3,063 businesses
- South Australia2,044 businesses
- Australian Capital Territory636 businesses
- Tasmania361 businesses
- Northern Territory215 businesses
Businesses by number of employees
- Non-employing27,359 businesses
- 1 to 4 employees12,910 businesses
- 5 to 19 employees4,843 businesses
- 20 to 199 employees777 businesses
- 200 or more employees20 businesses
What we look after
QuickBooks bookkeeping for real estate agencies
QuickBooks Online reconciled to your statements each month.
Small business bookkeeping
Commissions, fees and campaign bills recorded and reconciled monthly.
Xero bookkeeping for real estate agents
Bank feeds, supplier bills and monthly reports kept current in Xero.
Catch-up bookkeeping
Missing months entered and the agency's accounts reconciled.
What the books involve
- Sales commissions: commission and campaign amounts invoiced to vendors and recorded as each sale settles, with any commission shared with a conjunctional agent entered as a bill.
- Property management fees: management, letting and routine inspection fees recorded as income each month and matched to the amounts received, so the rent roll's earnings are clear.
- Marketing campaigns: listing portal fees, photography, floor plans, signboards and print advertising entered as supplier bills and matched to what vendors pay for their campaigns.
- Franchise or network fees, portal subscriptions and CRM software recorded as regular costs, so the overheads of running the agency are easy to follow.
- Monthly reports from Xero or MYOB that set sales commissions next to property management fees, with every bank and card account reconciled before the reports go out.
Sources
- Counts of Australian Businesses, data cube 2: Businesses by main state by industry class by employment size ranges (8165DC02.xlsx)
Australian Bureau of Statistics. Actively trading businesses at 30 June 2025, released 16 December 2025. Checked 15 October 2026.
Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, June 2021 to June 2025, licensed under CC BY 4.0 Licence: CC BY 4.0.
- Correspondence, GCCSA 2021 to GCCSA 2026 (CG_GCCSA_2021_GCCSA_2026.csv)
Australian Bureau of Statistics. ASGS Edition 4, July 2026 to June 2031, released 22 July 2026. Checked 15 October 2026.
Source: Australian Bureau of Statistics, Australian Statistical Geography Standard (ASGS) Edition 4, licensed under CC BY 4.0 Licence: CC BY 4.0.
Talk to us about your books
Tell us how your business runs and what you need from your books, and we will suggest a bookkeeping plan that fits.
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