Compass 'can sustain a downturn for 6 months, 8 months, 9 months'
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
by Patrick Kearns Apr 15
Real estate firms nab $8B in small business stimulus loans
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
by Jim Dalrymple II Apr 14
RE/MAX expands broker fee deferrals, enacts hiring freezes
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
by Patrick Kearns Apr 14
Market snapshot: Wisconsin still seeing deals amid pandemic
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
by Jim Dalrymple II Apr 14
Compass upgrades marketing center for real estate agents
The company has been rolling out and revealing new technology at a frequent pace
by Patrick Kearns Apr 13
RE/MAX adjusts national ad campaign amid pandemic
2 new advertising spots close with a message of hope for the industry: 'We Will Rise Above'
by Patrick Kearns Apr 13
Keller Williams executive on taking virtual open houses from 'novelty to norm'
Jay Papasan wants to help teach the entire real estate industry best practices on virtual tours and open houses
by Patrick Kearns Apr 10
Hot market was doused by pandemic, Zillow report shows
A new report shows that what was poised to be 'the most competitive' spring market in years instead ended up with plummeting numbers of new listings
by Jim Dalrymple II Apr 10
The Real Word: The 10 cities best prepared for a downturn
Opinion
Plus, NAR provides telemedicine services for Realtors and the brokerage that's getting creative with virtual tour scavenger hunts
by Byron Lazine Apr 10
Broker confidence in New York City plummets to record low
The ongoing coronavirus pandemic has left brokers more pessimistic than ever about the present, though they are more upbeat about the future
by Jim Dalrymple II Apr 9
EXp Realty lays off 15% of staff amid market slowdown
Executives at the company are taking salary reductions in an effort to reduce company expenses as home sales across the country slow
by Patrick Kearns Apr 8
BoxBrownie releases native 360-degree tour platform
Award-winning image editing and marketing company has grown rapidly by editing others' work. Its new immersive tour product can be created with minimal imagery using affordable cameras and published in 24 hours
by Craig C. Rowe Apr 8
LGBT Americans want to own homes, fear discrimination
Homeownership rates for LGBT Americans lag behind those of the broader population. A new report suggests fears of discrimination may be contributing to that difference
by Jim Dalrymple II Apr 8
Realogy and KW top T3 Sixty's holding company and franchisor rankings
Redfin and RE/MAX had the most productive agents in 2019, according to the ranking
by Patrick Kearns Apr 8
Former Zillow CEO Spencer Rascoff leaves board of directors
Spencer Rascoff served as CEO until 2019, when company founder Rich Barton returned
by Jim Dalrymple II Apr 7
Airbnb acquires $1B in debt, equity funding to fuel post-virus plans
The funds will be used to recruit hosts, introduce longer-term stays, and bolster the company's Airbnb Experiences program
by Marian McPherson Apr 7