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SOTM 41: Coronavirus Hammers the Service Sector, Compass Cuts 15% of Staff

SOTM 41: Coronavirus Hammers the Service Sector, Compass Cuts 15% of Staff

FromReal Estate Rockstars Podcast


SOTM 41: Coronavirus Hammers the Service Sector, Compass Cuts 15% of Staff

FromReal Estate Rockstars Podcast

ratings:
Length:
37 minutes
Released:
Mar 25, 2020
Format:
Podcast episode

Description

With businesses forced to close their doors to help stop the spread of coronavirus, countless Americans are now out of work. Already, the real estate industry is feeling the effects of this sudden economic downturn. Compass cut 15 percent of its staff Monday, citing a projected 50-percent drop in revenue over the next six months. On today’s State of the Market podcast with David Osborn, we discuss this story and why cutting expenses now is absolutely essential. We also talk about what real estate agents can do to make it through the recession and thrive once normalcy returns.
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Released:
Mar 25, 2020
Format:
Podcast episode

Titles in the series (100)

Make more sales and earn higher commissions by learning directly from real estate's top performers! Counting more than four-million downloads from over 100 countries, Real Estate Rockstars is the industry’s most trusted, most popular podcast. With a new guest on each episode, you’ll learn from up-and-coming agents, seasoned brokers, real estate investors, and more. Robert Kiyosaki, Barbara Corcoran, and Ryan Serhant are just a few of the many notable guests who have shared their industry expertise with the Rockstar Nation. Billion-dollar agent and best-selling real estate author Pat Hiban asks the questions that matter and uncovers actionable answers – no filler and no clichés. Implement the strategies you learn listening to this tri-weekly podcast and start making more money in real estate. It’s that simple.