Compass is still onboarding new teams despite slowdown, layoffs

The 15-person Oldendorp Group, which is joining Compass from Keller Williams this week, will be virtually on-boarded through Enboarder. Continue reading

Compass lays off 15% of staff amid coronavirus ‘economic standstill’

CEO Robert Reffkin said Monday in a letter that the coronavirus has created ‘one of the most challenging and uncertain moments in our lifetimes.’ Continue reading

Foreign real estate ‘ground to a halt’ amid virus outbreak: DelPrete

Analyst Mike DelPrete said in the latest episode of the Daily Dispatch podcast that the data indicates “there’s going to be a very dramatic drop off in real estate volumes.” Continue reading

‘Congress, help home service workers’: ANGI Homeservices CEO

ANGI Homeservices CEO Brandon Ridenour asked Congress on Monday to deem home service professionals as “essential workers” during COVID-19 pandemic. Continue reading

Read all of Inman’s coronavirus coverage here

Inman has published more than 300 stories on the coronavirus. Here’s our comprehensive list of coverage. Continue reading

REBNY to temporarily end ‘days on market’ calculation

The Real Estate Board of New York is eliminating the “days on market” calculation for its members’ listings. Continue reading

Compass CEO Robert Reffkin calls on Congress to provide aid to agents

Robert Reffkin argued coronavirus aid shouldn’t be limited to W2 workers. The National Association of Realtors has also said it is working to ensure aid packages benefit to agents. Continue reading

Coronavirus drives adoption of video tours

Amid quarantines and calls for social distancing, agents are turning to video chats and virtual tours to show off properties. Continue reading