Massachusetts market snapshot: Inventory is tight
For agents in Massachusetts, the biggest struggle amidst the COVID-19 pandemic has been the lack of available inventory
by Lillian Dickerson May 11
Lone Wolf's new Marketplace spreads tech wealth industrywide
The new online offering provides countless Lone Wolf customers and members of partnered associations a place to access multiple technology vendors, making it the Netflix of proptech
by Craig C. Rowe May 11
Douglas Elliman launches new online learning system for agents
On Monday, Douglas Elliman announced the launch of its new online learning system for agents, 'Elliman Constant Learning,' an offering of the Elliman Agent Training Center
by Lillian Dickerson May 11
Douglas Elliman reveals mass layoffs, salary cuts on earnings call
The company has laid off 25% of its staff and cut all other salaries by approximately 15%
by Patrick Kearns May 11
We talked to 5 CFOs about the road to recovery. Here's what they said
Coronavirus is a big deal for real estate, but financial chiefs don't think it's a repeat of 2008. And some already see signs of improvement
by Jim Dalrymple II May 11
Earnings offer hope, but 'normalcy' is still distant
The pandemic may continue to wreak havoc for some time, but a strong quarter of earnings offers support to the idea that there's light at the end of the tunnel
by Jim Dalrymple II May 8
Redfin's Glenn Kelman predicts a 'seismic' shift to smaller cities
Boise, Idaho, and Bozeman, Montana, are likely to see an influx of people as more and more workers operate remotely, the Redfin CEO said Thursday during an earnings call
by Jim Dalrymple II May 8
Redfin brings back 14% of furloughed employees
The tech-centric brokerage had furloughed 41% of its agents amid the economic woes of the coronavirus pandemic
by Jim Dalrymple II May 7
Redfin revenue up 73%, handily beating expectations
The company raked in $191 million during the first quarter of 2020 despite economic chaos from the coronavirus
by Jim Dalrymple II May 7
Realogy, Amazon pause partnership
The company has taken proactive steps to cut costs by up to $100M for every quarter that COVID-19 is impacting the market, Realogy CEO Ryan Schneider said Thursday
by Patrick Kearns May 7
VIP Realtors rolls out multiviewer virtual visits on all listings
Notable independent brokerage Crye-Leike will be introducing the same Nodalview-powered concept to its southeastern US offices as the pandemic continues to hamper in-person showings
by Craig C. Rowe May 6
Momentum 'unfortunately interrupted' by virus as RE/MAX reports $70.3M in Q1 revenue
The company failed to meet the consensus estimate of $0.40 adjusted earnings per share, falling slightly under at $0.39 earnings per share
by Patrick Kearns May 6
Homesnap update promotes live open houses
An increasingly popular way to tour homes in the age of COVID-19, live open house events can now be promoted within the popular home search portal
by Craig C. Rowe May 6
C21 brokerage honors HS seniors unable to celebrate graduation
C21 North East broker-owner Jim D'Amico shares the inspiration behind his brokerage's mission to honor students unable to graduate due to COVID-19
by Marian McPherson May 6
Qualia teams up with real estate software maker LemonBrew
Qualia's technology will help LemonBrew offer more digital services — something that has never been in more demand
by Jim Dalrymple II May 6