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

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

Here’s how Compass is guiding employees through crisis

Robert Reffkin, the CEO of Compass, calls the pandemic a “historic time none of us will ever forget.” Continue reading

Compass hires long-time Amazon exec as new chief product officer

Before joining Compass, Greg Hart spent more than two decades overseeing an array of products at Amazon. Continue reading

In era of disruption, outsider leaders are a key to survival

Numerous leaders at real estate companies today stepped into their roles without prior real estate experience. They say that was actually an advantage. Continue reading

EXCLUSIVE: Compass is launching a luxury division

In the wake of the company’s heavy recruitment of luxury agents, the company is launching a new division to support its growing luxury real estate presence. Continue reading