Ownly Insights Report · 2025

The Million Dollar
Agent

We surveyed New Zealand's top-performing agents — every one writing over $1M GCI a year — to find out what they actually do. The findings contradict almost everything the industry teaches.

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From Sam McIntyre

The report is short on purpose. You're busy. The findings are sharper than the page count, and every page is built to be read in under two minutes.

We surveyed a focused group of New Zealand's top performing agents. Every one of them writing more than a million dollars in GCI a year. We wanted to know what they actually do, not what the industry says they do.

The findings confirmed what we suspected. The path to a million looks nothing like the story most agents have been sold.

The agents at the top aren't doing more than you. They're doing less, of the wrong things, and more, of the right ones.

— Sam McIntyre, Founder, Ownly

What a Million Dollar Agent looks like

The headline picture from the survey. Numbers that challenge what the industry has been telling agents for thirty years.

$1.5M–$2M
Average annual GCI
70–100
Properties sold per year
~$850K
Average sale price
~4 years
To hit their first $1M GCI
Early 40s
The average age — more normal than the industry pretends
~60 hrs
Worked per week — hard work, but not crazy work
2 in 3
Work outside the major metros — big fish, small pond
<20%
Of listings come from cold prospecting
75%
Appraisal conversion — most of the industry sits below half that
Full fee
Most of the time — they know what they're worth
<10%
Of GCI reinvested in marketing — their reputation does the heavy lifting
80%
Delegated admin first — the boring hire, not the glamorous one

"The agents at the top aren't doing more than you. They're doing less, of the wrong things, and more, of the right ones."

Raw Survey Data

37 agents.
Every number, unfiltered.

We asked every agent to fill in the same form. No coaching, no editing. The charts below are the direct output — every response counted, every outlier included.

  • 37 respondents, all writing $1M+ GCI annually
  • Survey conducted May 2026
  • All responses anonymous — no names or agencies shown
  • Some questions allowed free text; those are grouped by theme
Current Annual GCI
$1.88M
Average across all 37 agents
$1.5M
Median GCI
$1M – $1.5M
18
$1.5M – $2M
6
$2M – $3M
8
$3M+
5

Who they are

Age Distribution
41
Average age  ·  Median 39  ·  Range 28–63
4
20s
15
30s
11
40s
6
50s
1
60s+
Years in Industry Before Hitting $1M GCI
3–4
Most common answer
4.5
Average years
<2 years
7
2–4 years
13
5–6 years
7
7–10 years
8
10+ years
2
Market Type
Regional town
13
Provincial city
12
Major metro
8
Small town
4

68% operate outside major metro areas. Big fish, small pond.

Agency Type
Large franchise
17
Boutique / indie
11
Local multi-office
6
Low fee
2

Top agents exist across every agency model. The brand matters less than the person.

How they work

Properties Sold (Last 12 Months)
86
Average sales
70
Median sales
<50
10
50–75
14
76–100
7
100+
6
Hours Worked Per Week
59
Average hours
60
Median hours
<45 hrs
5
45–60 hrs
23
61–75 hrs
7
75+ hrs
2
Growth Strategy
Relationship-led
19
Dominate one suburb
9
Geographic generalist
6
Own a niche
3

More than half lead with relationships, not geography or niche.

Team Structure
Salespeople (incl. self)
Solo (1)
5
2 people
7
3 people
11
4–5 people
7
6+ people
7
Admin / support staff
None
4
1 person
16
2 people
12
3+ people
5

Where the business comes from

Primary Lead Source
Repeat / referral
22
Community / networking
5
Paid marketing
4
Prospecting
3
Digital marketing
2
Open homes
1
% of Business from Repeat & Referral
62%
Weighted average across all respondents
0–10%
1
10–20%
3
30–40%
8
50–60%
11
70–80%
14
% of Listings from Direct Prospecting
<20%
For 68% of respondents
0–10%
11
10–20%
14
30–40%
7
50–60%
4
% of GCI Reinvested in Marketing
95%
Spend less than 20% of GCI on marketing
0–10%
18
10–20%
17
30–40%
1
50–60%
1

Their reputation does the heavy lifting. Marketing spend is lean.

Performance & fees

Appraisal-to-Listing Conversion Rate
79%
Weighted average — industry average sits below 50%
10–20%
1
30–40%
1
50–60%
5
70–80%
22
90–100%
7
% of Listings Secured at Full Fee
0–10%
3
10–20%
2
30–40%
1
50–60%
7
70–80%
16
90–100%
7
Average Fee Percentage
2.5–3%
Most common range — 46% of respondents
2–2.5%
8
2.5–3%
17
3–3.5%
10
3.5%+
2
What They Delegated First
81%
Said admin / operations — the boring hire first
Admin / operations
30
Buyer work
4
Marketing
2
Prospecting support
1

What they'd do differently

What Most Accelerated Growth Toward $1M
Tighter processes
9
Raising standards
6
More prospecting
6
Hiring leverage
6
More marketing
5
Adopting technology
5
If Starting Again Tomorrow, Prioritise…
57%
Database or personal brand — the two foundational assets
Structured database
11
Personal brand
10
Aggressive prospecting
7
Process & vendor control
6
Hiring team members
3

Three forces. One loop.

For thirty years, the industry told agents to hustle harder. The data says something completely different. Three patterns explain almost everything.

Engine. Consistency. Leverage.

Three forces working as a loop. The more engine you build, the more there is to run consistently. The more consistently you run it, the more there is to leverage. Each lap, the circle gets bigger.

01 — Engine

Build something that compounds.

The number one source of business for top agents is the work they have already done. Most get more than half their business from repeat clients and referrals. Cold outreach makes up less than a fifth of their listings.

They did great work on purpose. They stayed in touch. They earned referrals — not by asking, but by being the agent worth referring.

Is today's work building my next three deals?

02 — Consistency

The discipline behind every path.

The most quietly powerful finding: there was no single right way to get to a million dollars. The paths were spread. What was not spread was the discipline.

Top agents convert appraisals at around 75%. The industry sits below half that. The difference is not talent. It is reps — the same appraisal, done the same way, hundreds of times.

Am I doing it at standard, every time, or just when I feel like it?

03 — Leverage

Buy back the time that builds the future.

When asked what they delegated first as they scaled, eight out of ten gave the same answer: admin. Not buyer work. Not marketing. Not prospecting. Admin.

The highest leverage hire is the person who takes unglamorous, time-consuming, low-value work off your plate so you can spend your hours on what only you can do.

What am I doing that someone else could do?

What they would build first.

We asked every agent in the survey: if you had to start your career over again tomorrow, what would you build first? Two answers dominated by a clear margin.

A structured database.

Not a spreadsheet of email addresses. A real, structured relationship system. Every person you ever serve goes in. Every conversation gets a follow up. Every milestone gets remembered. The database becomes the business.

A personal brand.

The reason the right vendors call you instead of the agency next door. The reputation that pre-sells you to every appraisal you walk into. A database without a personal brand is a list. A personal brand without a database is a billboard. Together, they are the platform.

Together, they accounted for more than half of all responses. Prospecting machines, big teams, auction reputation — all came a distant way behind.

Three questions.

Motivation has a short shelf life. What lasts is not the feeling — it is what you do with it. Print these. Put them somewhere you will see them. Ask them honestly, every week.

Engine
Is today's work building my next three deals?
If the answer is no, change what you are doing today. Every transaction is a deposit into the next three.
Consistency
Am I doing it at standard, every time, or just when I feel like it?
Standards do not adjust to your mood. They adjust your mood to them.
Leverage
What am I doing that someone else could do?
So I can do the thing only I can do. Identify it. Stop, batch, or delegate.

One week. Three actions. Start now.

Reading a report is not action. Before you close this page, commit to three things — one in each area — done in the next seven days.

Engine

Figure out what yours is, then build it.

If you have a database already, pick ten people you have not spoken to in six months and schedule real conversations over the next ten days. If you are early career, decide what your engine actually is right now — prospecting volume, community presence, a niche you can own, or content that builds your personal brand.

Consistency

Pick one thing and do it without missing.

Look at your week and pick the single task that compounds when done well. If you did it every day or every week without fail for a year, would your business be different in twelve months? Pick that. Block the time in your diary this week.

Leverage

Identify one thing to stop doing yourself.

Write down everything you did this week that was not high value work. Pick one item. Decide: Stop — it doesn't need to be done at all. Batch — only do it in dedicated time. Delegate — someone else could do it, even imperfectly, while you do the work only you can do.

A real estate agency built for high performers.

Our average brand does nearly a million dollars in GCI. We work with top agents across New Zealand, every day, and most of what this report describes is what we see in our own business. If you found this report useful and want to understand what an agency built around these patterns actually looks like, get in touch.

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