July 24, 2019 | Archive

NEW STUDY: What’s Driving Brokerage Profitability

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Tracey Velt is the Senior Director of Data & Content. She is the host of the popular RealTrending podcast, manages content for the real estate team and The Gathering and leads editorial and sponsored research across the HW Media brands. Tracey has more than 25 years of experience writing and editing for the real estate industry and is the former editor in chief of Florida Realtor magazine.see full bio

WHAT’S DRIVING BROKERAGE PROFITABILITY?

REAL Trends has financial data on hundreds of residential brokerage firms across the nation. By far, the most important metric tracked is retained company dollar—how much the brokerage keeps after agents are paid.

With that number trending downward, brokerage firms are seeking ways to enhance that margin by being more valuable to their agents, such as through technology and other services.

After surveying hundreds of brokerages across the country, REAL Trends and Inside Real Estate took an in-depth look at the top five drivers influencing brokerage profitability and identified critical elements necessary to execute on them effectively.

3d rendering of a row of luxury townhouses along a street

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