17.05.2011 - Study: Distressed sales hamper real estate pay
Distressed sales and economic conditions are causing real estate professionals to make less and work more than they did back in the housing market's heyday in 2006, according to an annual survey by Inman News about work and pay trends in the real estate industry. Overall, the survey of more than 1,000 real estate professionals found that real estate professionals are making less on commissions, closing fewer transactions, and facing a spike in distressed properties that is dampening commissions and compensation for many in the industry. .............................................Full Article: Source
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