- Federated Realty operates on a $1,000 flat fee structure – no matter the price of the home.
- Prior to introduction, Federated Realty sold on behalf of developers in the D.C. metro, helping inspire this new model for homeowners.
- Agents at Federal Realty are salaried and incentivized with bonuses, which allows them to focus on the business, the company says.
Redfin might have disrupted the real estate space by offering lower commissions for sellers, but Federated Realty of Washington D.C. wants to take that number even lower.
Rather than applying a standard 3 percent selling commission, or even Redfin’s 1.5 percent, the lean brokerage operates on a $1,000 flat fee structure — no matter the price of the home.
ICNY 2020
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