Broker News

Breaking: Redfin Furloughs 41 Percent of Salaried Agents

By Candy Evans / April 7, 2020 /

The company chose to furlough agents instead of laying off in order to benefit from the $2 trillion CARES Act stimulus. Seattle-based Redfin, one of the very first disruptive brokerages to set the scene for upending the traditional brokerage model, announced Tuesday that it will furlough 41 percent of its agents, totaling nearly 600 people,…

Brokerages Keep Sales Moving With Technology Partnerships, Virtual Tours

By Joanna England / April 6, 2020 /

As showings and open houses dwindle during the biggest season in real estate sales, brokerages are finding innovative ways to adapt to this new normal, specifically with virtual tours.

Ebby Halliday Companies’ & Allie Beth Allman Parent Nation’s Largest by REAL TRENDS 500

By Candy Evans / April 1, 2020 /

We need some good news in the world, and we have plenty of it right here in North Texas. Two of our favorite home-grown-then-took-over-the-world real estate brokerages are part of a company that is the largest real estate company in the nation. HomeServices of America, has been anointed, once again, as the country’s largest real…

Compass Lays Off 15% of Corporate Staff, Blames COVID-19

By Candy Evans / March 24, 2020 /

Compass agents to have company-wide teleconference call with Reffkin The Real Deal reports that Compass has laid off 15 percent of its staff company-wide, blaming economic fall-out from COVID-19. In a move that is being echoed at many companies now across the U.S., CEO Robert Reffkin said he would forgo a salary entirely and executive…

Briggs Freeman Sotheby’s Settles Into Beautiful New Digs on Turtle Creek

By Candy Evans / February 26, 2020 /

Briggs Freeman Sotheby’s settles into stylish, flagship office digs on on Turtle Creek Blvd.