39 min listen
SOTM 41: Coronavirus Hammers the Service Sector, Compass Cuts 15% of Staff
SOTM 41: Coronavirus Hammers the Service Sector, Compass Cuts 15% of Staff
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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FREE Resources for Real Estate Agents
Join the FREE Agent Success Toolbox and Get Immediate Access to Over 200 Real Estate Downloads
Claim Your FREE Copy of Pat Hiban’s Best-Selling Book: 6 Steps to 7 Figures
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Sponsors
Rebus University – Get Over $10,000 in Real Estate Training for as Little as $97 at futureofrealestatetraining.com
MyOutDesk – Book a FREE Business Strategy Session and See How to Grow Your Business with the Help of a Virtual Assistant at myoutdesk.com
FREE Resources for Real Estate Agents
Join the FREE Agent Success Toolbox and Get Immediate Access to Over 200 Real Estate Downloads
Claim Your FREE Copy of Pat Hiban’s Best-Selling Book: 6 Steps to 7 Figures
Claim Your FREE Copy of Tribe of Millionaires by Pat Hiban and David Osborn
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Mar 25, 2020
Format:
Podcast episode
Titles in the series (100)
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