BrokerageIndustry News

End of the independent contractor

Perspective: Salary will ensure real estate quality
Published on Feb 6, 2009

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by CareyBot

Are commissions the problem or is the "independent contractor" brokerage system the problem?

The predominant brokerage system in place has an attractive allure: Be in business for yourself. Earn big commissions with nominal expenses and effort.

Real estate careers are touted as part-time, full-time, anytime opportunities: "Educated or moronic -- it doesn't matter.