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I was strangely missing that piece. I was going to write in my comment that they are similar to pyramid scheme members, but thought that was a stretch. My step
by pedalpete 10y ago
I was strangely missing that piece. I was going to write in my comment that they are similar to pyramid scheme members, but thought that was a stretch.
My step-father and brother are both brokers, so I know how they operate, but I somehow missed how agents get a piece of the action.
- brudgers 10y agoThe agent to agent incentives are more akin to profit sharing derived from the increased broker revenue and reduced cost when one broker handles both sides of the transaction. There are also potential informational advantages to having other agents more tightly coupled to an agents social graph, e.g. it is easier to obtain information about seller or buyer motivation and finances through a back channel.