A hub for independent voices and hard truths
The Chief Justice and His Wife Took $20 Million From Firms He Rules On. I’m Filing for His Disbarment Today. Over sixteen years of federal financial disclosure forms, Chief Justice John Roberts mischaracterized more than twenty million dollars in household income from law firms appearing before the Supreme Court. He …
Most Compass agents in California/NY pay more than 18% to the company There must be some accounting magic in there to get those numbers 😂 But yeah, brokerage has low margins. Hiring agents w/ their own clients is basically a break-even business. Generating leads & charging… — Nick El-Tawil (@tawillionaire) …
According to a study published by AccountTECH, real estate brokerages face profitability challenges if agent commissions decrease. Here are the key findings: Commission Rates and Profitability: If the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement lead to typical agent commissions dropping to 2%, approximately 79% of brokerages would be unprofitable. Even …