City Connections Realty has become the latest New York City firm to change its commission structure. The brokerage will now offer sales agents the option of receiving between 65 and 85 percent commissions, marketing support and no desk fees. The firm will also hang onto its current commission model, which offers agents 90 percent of the commission on transactions in exchange for a monthly desk fee of $825 for agents who choose to work remotely, or between $1,000 and $1,325 for agents who want to be based in the office in a “very large cubicle,” said Brian Huang, the company’s sales manager. The new commission structure is part of an aggressive recruiting campaign for City Connections, Huang said. According to the City Connections Web site, the company currently has nearly 100 agents. [more]
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