By 2028, Compass CEO Robert Reffkin wants real estate agents to pocket 20 percent — or even 30 percent — commission on their deals, many times above the standard rate. To get there, the venture-backed brokerage will spend “billions” of dollars to create a platform for agents so that buyers will go to Compass for more than just homes. Title, mortgage and escrow services — even furniture — will be available through its agents. “You, […]
source https://therealdeal.com/2018/07/19/compass-wants-agents-to-make-20-commission/
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