Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it…
Posts published in “compass”
More than 700 Compass California real estate agents shared their concerns and market predictions for when shelter-in-place laws lift in the state. Source: Inman News
Approximately 600 employees being laid off will reportedly get 16 weeks of benefits coverage and eight weeks of severance pay, Opendoor confirmed. Source: Inman News
But the Compass CEO also conceded that disruption to the housing market will drive some agents and discounters out of the real estate industry. Source:…
A Bay Area home that Brooklyn Nets star Kevin Durant recently rented has been listed off market for $5.99 million. Source: Inman News
The franchisor is enacting cost-cutting measures including a suspension of its popular 401K matching program, company bonuses and a national hiring freeze. Source: Inman News
The company has been rolling out and revealing new technology at a frequent pace. Source: Inman News
Compass agent Cindy Ambuehl claims ex-assistant Christina Collins used insider knowledge to launch her own career in luxury real estate. Source: Inman News
Arrian Binnings of Compass balances working from home with his wife while assisting a homeseller infected by the coronavirus in San Francisco. Source: Inman News
Some real estate brokerages are asking multiple listing services for financial relief amid the coronavirus outbreak, and Georgia MLS is listening. Source: Inman News