The company raked in $191 million during the first quarter of 2020 despite economic chaos from the coronavirus.
The company raked in $191 million during the first quarter of 2020 despite economic chaos from the coronavirus.
The full impact of the company’s decision to halt homebuying in late March due to COVID-19 is not yet clear.
According to Apartment List’s latest study, the non-payment rate for stimulus check recipients was only 3 percent lower than those who didn’t.
On May 1, Realty One Group International celebrated the ‘unbrokerage’s’ 15th anniversary through a day of volunteering and by making a donation of $11,111 to the National Alliance on Mental Illness.
At NAR’s first-ever Virtual Realtors Legislative Meetings, members have been navigating a complicated maze of waiting rooms, breakout rooms and gallery views.
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The company has taken a number of proactive steps to cut costs by up to $100 million for every quarter that COVID-19 is impacting the market.
More than 33.5 million people have filed for unemployment since the outbreak exploded in early March, according to the U.S. Labor Department.
RE/MAX reported earnings of $70.3 million in revenue for the first quarter, and despite market uncertainties CEO Adam Contos remains hopeful for the future.
New open home sale transaction volume declined by as much as 50 percent in April, according to Realogy CEO Ryan Schneider.