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South Florida

Broker’s revenue falls in third quarter

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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.