Free agency in the real estate agent market

Free-Agency-is-Here-FP-TNBy Stephanos Chen | The Wall Street Journal

In pursuit of more deals and commissions, real-estate agents—most of whom are independent contractors—are increasingly switching brokerage firms. And just like in the big leagues, when these players move, egos can clash.

“There’s not a lot of brand loyalty,” said Billy Rose, an agent and co-founder of the Agency in Beverly Hills, Calif. “A lot of times they become mercenaries,” he said about agents, because they’re getting recruitment offers all the time.

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