Realtor.com has become the latest real estate company to layoff its employees. The portal declined to share specific details, but said it’s ‘bullish’ about its future despite market declines. Continue reading
California-based real estate brokerage and power buyer cites “challenging real estate and financial market conditions and unfavorable capital-raising environment.” Continue reading
Anywhere Real Estate has laid off an unknown number of employees as the company streamlines amid choppy market conditions. Anywhere declined to share which departments were impacted. Continue reading
The fast-growing brokerage earned $2 billion in revenue during the second quarter of the year, but also saw losses rise to $101 million, according to an earnings report issued Monday. Continue reading
Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading
Despite recent layoffs, the real estate tech startup has struck up a slew of new partnerships including one with a high-profile duo that just left Douglas Elliman. Continue reading
Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable refinancing business. Continue reading
Digital marketing company Adwerx is the latest company to announce layoffs, with 40 employees losing jobs on Thursday. Adwerx said the layoffs are the result of scaling back on new initiatives. Continue reading
The company announced job cuts Wednesday, saying it needed to focus on growing in a “sustainable way.” Numerous other companies have also cut jobs as the housing market shifts. Continue reading
Sundae, which lets homesellers sell their properties as-is to investors without hiring an agent, said layoffs were targeted to its newest markets. Continue reading