OpinionIndustry News

Commission pay to fade away?

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Editor's note: This guest essay is a part of the Roadmap to Recovery editorial project, which focuses on the future of the real estate industry. Essays should be 400 words or less and should detail your views on how to reinvent the industry and revive the housing market. You can pick a specific industry category -- such as brokers, agents, technology, title or lending -- or discuss the entire industry. Our editorial team will review the essays -- authors of essays published in full will get a free pass to the upcoming Real Estate Connect conference (for new registrants only), and the author of the top essay will receive $500. Send your essays to future@inman.com. There are other ways to participate in the Roadmap to Recovery project, too. Click here for more details. By WILLIAM METZKER The present down market isn't going away. It's going to get worse. Housing markets typically take years to recover, and this one is no exception. Home sales in 1993 were at about the same leve...