The Real Deal Miami

Broker’s revenue falls in third quarter

November 06, 2008 01:00PM

Realogy Corp., the largest real estate broker in the country and in
Palm Beach County, said its revenue fell to $1.34 billion in the third quarter this year, compared to $1.62 billion in third-quarter 2007.
Broker commissions increased slightly over the year, to 2.52 percent
from 2.49 percent at Realogy’s franchises and to 2.48 percent from 2.46
percent at corporate-owned offices. Realogy owns Coldwell Banker, Century 21, the Corcoran Group and other companies.