Real Estate Industry Overview & Trends
The money is meant to replenish the Paycheck Protection Program, a potentially important lifeline for real estate professionals. The program previously ran out of money
Loan Source has created a new application website for people hoping to get some of the cash lawmakers set aside for small businesses
The company is offering agents a 30% reduction on billing or the opportunity to push their contract a month
Real estate businesses collectively won about 3.14% of the total funding lawmakers set aside to save small firms during the pandemic
Stephen Joyce, the CEO of Applebee's and IHOP's parent company, is joining the firm at a time when both the real estate and hospitality industries are facing a slowdown
Inventory is low and the real estate market is healthier than it was during the last recession. That should keep home prices relatively stable, the Coldwell Banker chief said
Several former employees took to LinkedIn to announce Matterport had laid them and others off due to the coronavirus pandemic
Gary Gold and Vija Williams said at Inman's Town Hall that once lockdown orders end consumers may race back to real estate. Agents should act now to take full advantage
Recent changes to Realogy's Learning Platform is allowing the company to pivot to training that will help agents when the market picks back up
PressList is designed to generate media coverage for agents' listings. The service also includes a virtual tour agents can use while in-person showings remain off limits
Compass CEO Robert Reffkin also conceded that the downturn hitting the housing market is going to drive some agents and discounters out of the real estate industry
The real estate industry has so far secured 3.22% of the money being doled out as part of the pandemic-prompted Paycheck Protection Program
The real estate franchisor is enacting cost-cutting measures including a suspension of its popular 401K matching program, company bonuses and a nationwide hiring freeze
Agents in Wisconsin are seeing a slow down during the pandemic. But they also said that inventory is so low that competition for homes remains fierce
The company has been rolling out and revealing new technology at a frequent pace
2 new advertising spots close with a message of hope for the industry: 'We Will Rise Above'
Jay Papasan wants to help teach the entire real estate industry best practices on virtual tours and open houses