Town Residential has dropped plans to charge former agents a 25 percent referral fee for exclusive listings that they take to new firms. The brokerage, which ceased its resales and leasing operations last week, will now assign the listings to the new firms at no cost. “We will happily assign their listings to you for no referral fee at all,” Andrew Heiberger, Town’s founder and CEO, said in an email sent Wednesday to the Real […]
source https://therealdeal.com/2018/04/25/town-drops-25-referral-fee/
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