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The future of real estate fees


By the year 2020, consumers will increasingly pay real estate professionals
based on the specific services they select, according to the results of a survey
conducted by Inman News.


The online survey, conducted from Feb. 5 to March 5, asked readers to envision the business of real estate brokerage in the year 2020. Four questions on the survey focused on the structure of
compensation for real estate professionals, with each question receiving 505
responses.


When asked what will change the most about real estate compensation, the
largest share of respondents -- 40.4 percent -- said that fees will increasingly
be based on the consumer's selection of services by the year 2020.

Publish Date: 3/22/2010 12:00:00 AM