For anyone who is following RNT on facebook you will have...

For anyone who is following RNT on facebook you will have noticed that they have significantly stepped up their presence in last week. This is a good development.

Also following on for the listing data analysis I have previously released...it occurred to me that Ray White RE and McGrath RE have very close relationships with REA so they are unlikely to encourage their franchises make the shift to RNT in a big way. Between them they make up ~ 20% of listings on the REA site.

This does fit with the company goal to gaining 30% market share which I assume will done by targeting the smaller franchise groups and boutique property managers.