…When the economy falters, 1,099 employees are the first to suffer. Getty Realtors are independent contractors and all independent contractors work without a safety net. No unemployment benefits, no employer-sponsored health care, no 401k-equivalent contributions. In return, they don’t pay taxes on every paycheck and they have the freedom of 1099 employees. But when the […]
All of Springfield News-Leader’s coverage of the coronavirus pandemic is provided free of charge to our readers. Please consider supporting local journalism by subscribing to News-Leader.com/subscribe. Forget open days. Forget closings with as many people present as a 3-year-old’s birthday party. Like everything else this month, the real estate industry has changed. “This is new […]
Compassthe real estate brokerage startup supported by approximately $1.6 billion in venture capitallaid off 15% of its staff due to the changing economic situation created by the global response to the novel coronavirus pandemic, according to an internal email viewed by TechCrunch. Citing the economic fallout that saw stock markets plummet 30% in just 22 […]
COVID-19, otherwise known as the coronavirus, has had an unexpected and immediate impact on the world. Businesses large and small, regardless of industry, are transforming, with many sending their employees home to practice social distancing. It is no different for real estate companies. Earlier this month, the National Association of REALTORS® released guidelines to help […]
During a health crisis like the COVID-19 pandemic, people usually try to stay away from unfamiliar places. That doesn’t seem to be the case with San Diego’s real estate industry. “Well, surprisingly, this has been one of my busiest weeks of the year,” said David Gullifer, a real estate broker for Prolific Real Estate. “There […]
Michael Garcia started his small real estate brokerage firm at the height of the Great Recession. He survived those brutal days, in part thanks to the perseverance he gained during a six-year career in the United States Army. In recent years, Garcia’s business has grown. Garcia owns Weichert, Realtors – True Quality Service in the […]
Realtors hear it all the time, “How does the whole real estate commission business work?” “ I had to explain it during litigation as a lawyer, teach it to undergraduates as an educator, create charts about it for auditors as a compliance officer, document it for CPAs as a taxpayer and, above all, take it […]
Loading Something is loading. The World Health Organization has officially declared the coronavirus a pandemic. The virus is spreading across New York City, with new diagnoses hour by hour, and real estate brokers are bracing their agents and bracing for its inevitable impact on business. Internal memos seen by Business Insider from two major New […]
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Some industries have been slower than others to integrate technological advances. Real estate is one of the industries that often lags behind in terms of technology. Many real estate professionals have continued to manage their properties and make decisions as they always have, even as technology transforms the world around them. Like a report from […]
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People enter commercial real estate brokerage for a number of reasons, one of which is to create a six-figure income level. My brokerage firm, Kiser Group, recently celebrated 15 years in business, and I have observed during that time that the first three years of successful commercial real estate brokers have similar structures. If you […]
The real estate space has seen a ton of disruption here in the United States. But lately I’ve heard of more startups in Latin America raising money to address challenges and inefficiencies. Subscribe to Daily Crunchbase Here at Crunchbase News, we’ve talked about a number of Brazilian real estate companies, such as unicorn QuintoAndar (which […]