SOTM 41: Coronavirus Hammers the Service Sector, Compass ...

What this episode covers

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. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

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Frequently Asked Questions

How long is this episode of Real Estate Rockstars Podcast?

This episode is 37 minutes long.

When was this Real Estate Rockstars Podcast episode published?

This episode was published on March 25, 2020.

What is this episode about?

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...

Can I download this Real Estate Rockstars Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.