BrokerageIndustry News

Hedging your bet on real estate commissions

RealtyBaron system aims to guard against failed deals
Published on Sep 3, 2008

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by CareyBot

In the real estate business, a deal is not always a done deal.

There are a variety of factors that can derail a home sale, and the failure rate tends to accelerate in an environment of slumping sales and prices. That is bad news for agents, as they may invest money in marketing a home for sale with no guarantee that they will recoup that investment if the home does not sell.