Realty franchises put power in their people

Touting an agent-friendly approach, two national real estate firms have stormed into the Birmingham market and are growing quickly. Offering profit-sharing plans and other financial and educational incentives, local franchises of Keller Williams Realty Inc. and Exit Realty Corp. International are attracting an increasing number of sales agents and, with them, a larger piece of the real-estate pie.

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A housing bubble here in Birmingham? Not likely

In recent months, media attention has driven national speculation over a potential "bubble" in home prices. But some reports make widespread claims based on data from specific housing markets, which do not reflect a national trend. While some areas in the country are, indeed, experiencing the "bubble" effect, Birmingham clearly is not.

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