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WATCH: How indie brokerages can compete sans signing bonus

Photos by AJ Canaria of PlanOmatic

“DTU”— or “dead to us”— became the humorous refrain as the specter of Compass haunted this Inman Connect Las Vegas Thrive Broker panel.

Moderator Chris Lim delved into the topic of competing with aggressive top brokerages (Compass) with My Home Group Real Estate’s Jereme Kleven, CORE Group/NYC’s Shaun Osher and Climb Real Estate’s Joe Han.

The three experts on the panel agreed that top agents lured by big signing bonuses to upstart firms are not, in fact, completely dead to them — even if they’re sometimes sorely disappointed by the loss of a top producer they’ve groomed.

The panel underscored the ways in which Compass’ aggressive recruitment of top agents continues to roil the industry.

“[Signing bonuses] are a short-term game. Take the signing bonus in these models, and you’re going to give it back in a short period of time. But this is a long-term game to play,” Kleven said.

Listen in to the full video above for more quips from the panel.

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