The company has laid off 25 percent of its staff and cut all other salaries by approximately 15 percent. Source: Inman News
Posts published in “Industry News”
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. …
Although News Corp.’s revenues dipped down to $2.27 billion, realtor.com saw average monthly unique users of its web and mobile sites grow by 6 percent…
The company released first-quarter results Friday morning and provided a market update. Source: Inman News
The tech-centric brokerage had furloughed 41 percent of its agents amid the economic woes of the coronavirus pandemic. Source: Inman News
The company has taken proactive steps to cut costs by up to $100 million for every quarter that COVID-19 is impacting the market, Realogy CEO…
RE/MAX reported earnings of $70.3 million in revenue for the first quarter, and despite market uncertainties CEO Adam Contos remains hopeful for the future. Source:…