Another Threat: Zero Commission Listings

May 2, 2019
For decades, traditional brokers have lamented — and adapted to — downward pressure on commissions. The 1 percent that Redfin charges sellers in high-priced cities seemed to mark a nadir, but now discounted fees are falling even lower: Two startups aim to further tighten the squeeze by charging sellers nothing. In California and Texas, Top…To read more — login/sign up

 

The Year in Brokerage Management

December 27, 2018
Every other week we post the summary of an article from Real Estate Broker’s Insider. Over the course of the year we’ve covered everything from agent recruitment to new business models to avoiding lawsuits. To wrap up the year, we’re highlighting five of our favorite posts. Timely and informative, they showcase some of the most creative…To read more — login/sign up

 

With Commission Rates Still at Record Lows, Brokers Shift Focus

April 6, 2017
Commission rates remained at or near the lowest levels on record in 2016, according to Real Estate Broker’s Insider’s analysis of regulatory filings by Realogy Corp., the nation’s largest broker. At Realogy’s company-owned operations the average commission rate remained at 2.46 percent in 2016. That matched the record low in 2015. For Realogy franchises, the average…To read more — login/sign up