Real Estate Industry Overview & Trends
Thad Wong, co-founder of @properties, said during an Inman Town Hall Thursday that there may be short-term 'sheer havoc' in parts of the industry
The platform is aimed at keeping business going as some states issue stay-at-home orders
With a total of $4.7M raised in 2 years, the company is aiming to win the market for outsourced transaction coordination. While its software can be used for free by agents and brokerages, the company charges for use of a designated transaction coordination
The real estate analytics and consulting firm is offering a 30-min one-on-one session with an expert
The government is basically giving away free money. Most brokerages and agents should be able to take advantage of it
The growing real estate franchisor announced a Weichert and Regus vet is joining the company as chief growth officer, showing the company is committed to growth even as the industry slows
Agents and brokers can now get loans and payments akin to unemployment insurance thanks to a bill lawmakers passed last week
Redfin CEO Glenn Kelman will take no salary for the rest of 2020 to help offset some of the cost
Thanks to pandemic-related closures, the company said it doesn't have enough to pay landlords in April. Jokes about a caramel-drizzled revolution ensued
Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
Realogy CEO Ryan Schneider is taking a 90% pay cut while his direct reports are reducing compensation by 50%
The Zillow-owned search portal is making changes to listing displays as the real estate industry slows down in New York, the epicenter of the country's coronavirus outbreak
Based in New Jersey, the 15-person Oldendorp Group, which is joining Compass from Keller Williams this week, will be virtually onboarded through Enboarder
The company's RealSure program is suspending all-cash offers at this time
In an investors call, Rich Barton laid out plans to cut 25% of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending
The ongoing pandemic has already slowed bookings for companies like Airbnb, and may prompt investors to shift their strategies going forward