This month, Inman News is focusing coverage on the issue of percentage-based real estate commissions and other industry compensation practices.
We value your views and insight. Tell us about pressing problems in real estate compensation practices; what is working or isn’t working about commission-based services; compensation trends in your market area; and alternative compensation models — or pick your own topic related to compensation.
We are awarding one free pass to the upcoming Real Estate Connect conference in San Francisco to the author of every guest contribution that is published in full at Inman News.
We are looking for contributions in the range of 500 to 1,000 words, though we will consider entries with more or fewer words. Please do not use these essays as a marketing tool to promote your company or product — such entries will be disqualified.
Some questions to consider:
1. What, if anything, is broken or dysfunctional about compensation practices in the industry? What changes or fixes would you like to see in compensation practices? What are the major barriers to change?
2. What trends do you see in compensation splits between agents and brokers?
3.Are percentage-based commission rates rising, falling, or remaining steady in your market area, and what is driving these trends?
4. What should consumers know about industry compensation practices, and why? What do consumers think they know about compensation practices but are wrong about?
5. What have been the least successful alternative compensation models and why? What have been the most successful alternative compensation models and why?
6. Has technology had any impact on industry practices? Explain.
Please join in the discussion: Click here to share your views and insight with Inman News readers, or send us e-mail.