Competition for agents, especially top producers, is par for the course among real estate brokerages. But a jury has found that one prominent firm crossed the line — and is making the firm pay dearly for it.
Article image credited to DW labs Incorporated / Shutterstock
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There’s a lot of talk and braggadocio in the real estate industry, but the numbers don’t lie. And the top 1,000 agents and teams were ranked today based on the data alone. Real Trends, in conjunction with The Wall Street Journal, just released he 12th annual The Thousand list, which is divided into four categories: individual agent sales volume; individual agent transaction sides; team sales volume; and team transaction sides.
Which brokerages across the country are absolutely killing it? Which ones are doing tons of volume — and which ones are getting tons of clients and locking down transaction sides?
Who doesn’t like a bonus? In the competitive market of Oahu in Hawaii, Coldwell Banker Pacific Properties has been offering selected competing agents generous incentives to jump ship. For one agent at Hawaii Life, it was too much to resist.