Realogy has added a new feature to its Spark initiative, which it launched in 2019 as a benefits program for agents affiliated with one of its brands. The new feature allows agents who join Spark’s premium level (which requires an annual membership fee), to contribute up to $64,000 to the program’s affiliated 401(k) retirement plan with the ability to borrow tax-free against funds they have in it. Realogy, the nation’s largest real estate company, in establishing and evolving a benefits program for its affiliated agents, who are independent contractors, is another sign of the industry corporatizing. Other large companies in the industry have pursued similar benefits programs for the independent contractor agents in their networks including eXp Realty and HomeSmart.