First-of-its-kind incentive program for real estate brokers
Company pays brokers more than $300,000 in 2019 closing bonuses
NASHVILLE –Realtracs, the largest multiple listing service (MLS) in Tennessee, has launched Realtracs Rewards, a program compensating brokers for every closed listing on its platform. The incentive program is the first of its kind offered by an MLS nationwide.
Realtracs is retroactively compensating brokers for all listings closed in 2019 at $5 per listing. In 2019, approximately 60,000 properties posted for sale on Realtracs were closed, which totaled $300,000 in reward compensation. Rewards will be paid out at the beginning of each calendar year for the previous year’s closings.
“Realtracs Rewards is a way to celebrate the success of the brokers and thank them for putting their trust in Realtracs,” said Stuart White, CEO of Realtracs. “We are proud of the partnerships we’ve established with realtors across Tennessee to ensure their MLS data remains highly accurate, and we are demonstrating our appreciation through the new incentive program.”
“Benchmark Realty has had an outstanding relationship with Realtracs since 2006, and Realtracs Rewards is just another way they are demonstrating care and dedication to their members,” Phillip Cantrell, CEO of Benchmark Realty said. “They have always respected the time and effort that goes into the job of being a broker, and this program is evidence of their commitment to our success.”
All Realtracs brokers are automatically enrolled in Realtracs Rewards. For additional information, visit Realtracs.com.
Realtracs is the largest multiple listing service in Tennessee, serving more than 15,000 Realtors in more than 1,400 offices across the state. Promoting and enhancing an efficient and harmonious real estate marketplace, Realtracs provides its subscribers with innovative, cutting-edge tools, unparalleled personalized customer service and ongoing hands-on training, including CE-certified courses. Realtracs offers the most accurate real estate data in Tennessee, so homebuyers can browse listings on Realtracs with confidence. To join Realtracs or learn more, visit Realtracs.com.