Tag Archives: Industry News

Compass is still onboarding new teams despite slowdown, layoffs

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

Zillow CEO: ‘There’s no coronavirus playbook’

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Rich Barton laid out plans to cut 25 percent of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending. Continue reading →

Coronavirus is already impacting short-term rentals

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The ongoing pandemic has already slowed bookings for companies like Airbnb, and may prompt investors to shift their strategies going forward. Continue reading →

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

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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

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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

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

In New York, open houses and cold calls are suspended. Is rent next?

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New York Gov. Andrew Cuomo has already called for a moratorium on evictions. Now state and city officials are calling for a rent freeze. Continue reading →