Robert Reffkin relinquishes stock unit awards for $7M cash bonus
An SEC filing showed the Compass CEO is letting go of $25M in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary will become $900K
Salary-based, tech-forward Prevu launches in Seattle
The company believes its rebate program will be attractive to homebuyers in particularly hot markets, such as Seattle, where home prices have increased 68.4% since 2016
by Craig C. Rowe Jan 19
Salaried agent model is a 'game changer' says former Realogy leader
Charlie Young, who left Coldwell Banker last year, is joining the board of a flat-fee brokerage that pays its agents a base salary rather than a conventional commission
by Jim Dalrymple II Apr 14
Agent wages are rising, but not everywhere or for everyone
New data shows that as of May 2019 the average U.S. agent salary was $62,060. But wages are moving in different directions in different states
by Jim Dalrymple II Jul 29
Padx offers agents a desk, full-time work and a salary — is it a dream job?
This new business model pays buyer's agents a fee for showing and then hands the deal off to full-time salaried agents over the internet
by Craig C. Rowe Oct 25