Harcourts managing director Mike Green said the comparison was designed to make McGrath, a business based in Sydney’s pricey eastern suburbs, look good.
“To rank your agency based on the dollar value of property sold is not entirely reflective of your position in the Australian market,” he said.
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
