Is it a losing battle for brand-name brokerages?

Are new business models winning a fight with older brokerages? (Flickr photo by red betty black.)

The new June issue of the Real Deal has a piece about an unsurprising development among brokers.  In the article, which correctly quotes me, writer Candace Taylor notices that many brokers are questioning the value of their affiliation with name-brand firms in New York City.

Referring not only to commission splits but also to annual fees up to $5,000 that brokers must pay their firms, plus errors and omissions insurance, Taylor notes: Continue reading