BrokerageIndustry News

The future of real estate fees

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

Editor's note: This series focuses on the results of a futuristic survey that asked readers to consider the state of the real estate brokerage industry in the year 2020. This article examines real estate compensation practices in the next decade. Part II takes a look at how the number of industry participants may change in the coming years and the trends they predict will drive the industry in the future. Part III examines how agents envision spending their time in 2020 and the relevancy of brokers, multiple listing services and associations. And Part IV peeks into the up-and-coming technology agents and brokers predict will dominate the industry in 2020. By the year 2020, consumers will increasingly pay real estate professionals based on the specific services they select, according to the results of a survey conducted by Inman News. The online survey, conducted from Feb. 5 to March 5, asked readers to envision the business of real estate brokerage in the ...