The company announced it’s also laying off 7 percent of its staff in an SEC filing.
Compass hires former Tesla exec to manage customer experience
April 6, 2020 by
Kate Pearson previously served in executive roles at Walmart and Cargo.
Keller Williams franchises consider reducing agent profit sharing
April 6, 2020 by
A franchise owner confirmed to Inman that regional leadership at Keller Williams suggested rolling all expenses into April’s budget to enable them to hang on to more cash.
Stimulus package could create ‘chaos’ in mortgage industry
April 6, 2020 by
A coalition of real estate and banking trade groups is calling on Congress to help banks with liquidity as they allow homeowners to forbear their mortgage payments.
Good Samaritan Brooklyn landlord waives rent for hundreds of tenants
April 3, 2020 by
Mario Salerno is likely forgoing hundreds of thousands of dollars in rental income.
Employment falls for first time in a decade, full picture yet to emerge
April 3, 2020 by
The real estate sector lost 3,400 jobs in the first two weeks of March. The numbers don’t reflect 10 million claims filed over the past two weeks.
EXIT Realty is giving its agents their own ‘stimulus package’
April 2, 2020 by
The real estate franchisor’s package includes tools and training to prepare agents for the upcoming months.
Bridgewater co-CEO Eileen Murray joins Compass’ board of directors
April 2, 2020 by
Eileen Murray, a veteran of Bridgewater Associates, Credit Suisse and Morgan Stanley, is the second independent appointment to the company’s board of directors.
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