There are threats on all sides. Venture-backed firms have hundreds of millions to spend, national brokerages are trying to crack the New York code, lead generation is changing how the rules of the brokerage game are played, and margins are getting thinner. The market isn’t exactly humming, either. At The Real Deal’s 11th annual New York Real Estate Showcase and Forum on Monday — just weeks after Town Residential closed — the city’s top brokerage […]
source https://therealdeal.com/2018/05/15/brokerage-heads-talk-premier-agent-downfall-of-town-and-commissions-at-trd-forum/
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