Industry NewsTechnology

Liability costs, technology, discounted commissions

Part 2: Real estate brokers under siege
Published on Sep 14, 2004

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by CareyBot

Editor's note: Real estate brokers are feeling pressure on profits from all sides. Business and insurance costs are up, top-producers want higher commission splits and new technology, and new competition in the brokerage space is lowering the average commission on a home sale. In this three-part series, we dive into the economics of real estate brokerage, find out what brokers are thinking and what they're doing to protect their stake ...

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