Brokerage

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Lower commission rates would damage profitability for brokerages: AccountTech 

Aug 20, 2024By

New data from real estate accounting software provider AccountTech shows that brokerages with profit margins of 3% or less run the risk of falling into the red with even a minor decline in commission rates. More than half of the brokerages analyzed had margins that fell between a 3% profit and a 3% loss.

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

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