This analysis focuses on the operations of real estate agents who were affiliated with a firm based in New York City in 2024, as per their licensing records.

Each real estate licensee and each brokerage firm are considered independent entities as recorded by the Department of State (DOS). For example, “Douglas Elliman Real Estate” and “Douglas Elliman Referral” are considered separate brokerage firms for the purpose of this report.

Technology continues to transform the real estate industry, creating new opportunities for agents to manage their businesses and serve clients more efficiently. Online brokerages are becoming an attractive option for professionals who want greater flexibility, modern digital resources, and a favorable commission structure. At SPiRALNY, our 90% commission model combines the convenience of a virtual brokerage with tools and support designed to help agents build successful real estate careers.

New York City’s real estate landscape continues to evolve as developers explore new ways to transform underused office buildings into residential properties. As the city approaches 2027, office-to-residential conversions are attracting attention as a potential source of new housing, particularly in Manhattan, where changing workplace patterns have created opportunities to rethink how existing buildings are used. These projects could introduce new apartments, revitalize commercial districts, and create opportunities for renters, buyers, and investors. At SPiRALNY, your trusted luxury real estate company in New York, we see these transformations as an important trend to watch in the city’s changing property market.

Ask your broker one question today: what did the brokerage keep from my commissions last year? The answer is often larger than agents expect. Add it up, and it becomes the benchmark for every offer you consider.

A 100% commission model swaps that percentage for a flat fee. Whether the trade wins depends on your volume, the size of the fee, and what the fee includes. A low fee with no support can cost more than a high fee that saves you a deal.

Switching brokerages looks simple on paper. Your license moves, your split changes, and you start working under a new name. The hard part is your pipeline.

In New York, listings and signed buyer agreements usually belong to your current broker, not to you. So no brokerage can promise you’ll keep every client. You can control how clean your exit is, how fast your license moves, and what your new fees cost.