Crucial Real Estate Trends that Agents Need to Know | Tom Ferry Podcast Experience
The Tom Ferry Podcast Experience
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The Commission Compression in the Real Estate Brokerage Industry
There's been consistent downward pressure on commissions. We're down well below 4.9% now for the total commission on a transaction based on public filings of very large companies that do a lot of transactions. And so we think that's going to continue which means brokerages and teams that want to maximize their business are going to need you to look for other ways to capitalize on the deal flow, says Jack Fairy.
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