BrokerageIndustry News

Real Estate Commissions and Compensation: 2011

Online survey explores industry trends, practices

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The global economic downturn, which has brought prices down in many real estate markets across the U.S., has hit real estate professionals in their pocketbooks and led some to leave the business. Many real estate professionals have developed specialized services and carved out niches to survive in this changed housing landscape, and some real estate companies and professionals have retooled their compensation structure to win more business.This online survey, which will form the basis for an upcoming research report, explores trends in real estate compensation. Inman News conducted similar surveys and released reports in 2006 and 2009 (see excerpt), and the latest survey results will be compared to the previous findings.The survey is designed for a range of real estate professionals, including agents, brokers, managers and executives, and explores changes to the compensation practices and the structure of compensation for real estate services. A sampling of questions: I...