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Where Does That Large Agent Commission Go?
It is awesome to see some hard statistics about the trend to online advertising. It's such an exciting time in our industry....I can't wait to see how things progress 5 years from now!
While newspaper - Sunday want ad - advertising is still somewhat important for branding, I would have to believe that MOST home buyers go to the internet to search for homes. Certainly everyone with few exceptions I talk to starts on line.
The newspapers have been slow to work the online channel and are still behind the curve in this area. They could really bundle the online component better when they sell ads to real estate companies.