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Splits grow more crucial as NYC’s market tightens
A look at the commission splits being used to attract and retain residential agents in an increasingly competitive market
![(Credit: Maurice Mayfield)](https://static.therealdeal.com/wp-content/uploads/2014/07/tight-Market.jpg)
From the July issue: Real estate veterans Paul Purcell and Kathy Braddock spent seven years building Rutenberg Realty into a fast-growing firm that lets brokers keep the lion’s share of their commissions. But as they launch William Raveis’ first New York City office, they’re turning to a traditional commission structure that pays agents a split based on their productivity. [more]
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