Realtracs, the largest multiple listing service (MLS) in Tennessee, is awarding brokers over $323,000 in Realtracs Rewards, a program compensating brokers for every closed listing on its platform. The 2020 payout amount represents a 10% increase from 2019.
The incentive program is the first of its kind offered by an MLS nationwide, and rewards participants $5 for each closed listing from the past year. In 2020, Realtracs members closed 52,065 listings.
These rewards were paid out during the first quarter of 2021. Brokers or companies receiving $200 or more will receive a check. Those receiving less than $200 will receive a credit toward Realtracs’ MLS service fees.
“Our Realtors remained dedicated to their customers throughout some of the most difficult circumstances this past year,” said Stuart White, president and CEO of Realtracs. “We are grateful to be able to compensate them through Realtracs Rewards, and prove their hard work has not gone unnoticed. Realtracs serves a talented group of real estate professionals, and we can’t wait to see the incredible work they continue to do into 2021.”
All Realtracs brokers are automatically enrolled in Realtracs Rewards. For additional information, visit Realtracs.com.