Reffkin to TRD panel: “I believe the traditional brokerage model is not sustainable”

Facing thinning profit margins as commission splits rise and competition from discount brokerages and tech companies heats up — among other factors — national brokerage brands are increasingly expanding just to keep up.

That was the main topic of discussion at The Real Deal South Florida’s Real Estate Showcase & Forum on Thursday, which brought together a panel of of the top leaders in the residential real estate industry.