Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CREtech
In this webinar, presented with our partners at Freshworks, we discovered how today’s leading real estate professionals use their platform Freshsales to drive results across their business. Freshsales is a leading CRM that effectively solves challenges and major bottleneck in an ever-increasing digital world….
CNBC Television
Brett White, CEO of Cushman & Wakefield, joins “Squawk on the Street” to discuss what returning to work might look like after the coronavirus pandemic.
The Real Deal
Cushman & Wakefield’s Netherlands branch has drawn up a workplace concept meant to maintain the social distancing measures that are likely to stick around for a while — either formally or informally — after the immediate threat of coronavirus subsides.
Zillow
Web traffic to for-sale home listings on Zillow fell off dramatically in mid-March as the U.S. coronavirus outbreak began in earnest and stay-at-home orders were expanded, effectively shuttering large parts of the economy. But by mid-April, overall visits to for-sale homes had rebounded to levels — perhaps surprisingly — that are actually slightly higher than a year ago.
Building Design + Construction
Congratulations! Your organization has successfully pivoted to remote work and settled into a new routine. Now, it’s time to start preparing for your return to the office. While no return dates have been set yet by governments and public health officials in our communities, it’s time to begin preparing for how we come back to the workplaces we all left behind in March.
PlaceTech.
German software company Evana, a digital document management specialist, has entered into a strategic partnership with compatriot realxdata, a provider of data analytics, to pool resources in automated real estate prospectus data analysis using artificial intelligence.
Bloomberg
With the exception of outdoor exercise and quick, furtive dashes to the corner grocery store, swathes of Northern California have now been sheltering in place for more than a month.
TechCrunch
The Los Angeles Cleantch Incubator is rebooting its incubator program and moving from rolling applications to a cohort model beginning with 16 new startups. Los Angeles’ not-for-profit incubator exchanges sweat equity in the form of services and office space, and the promise of $20,000 in funding for local pilot projects, for a 1.5% to 3% stake in a company.
Bloomberg
James Gorman is hesitant to make predictions about the future with so much about the coronavirus pandemic still uncertain. One thing is clear, however: Morgan Stanley will have “much less real estate.”
The Real Deal
A month after laying off 15 percent of its staff, Compass announced company-wide pay cuts on Wednesday, even as it continues to recruit agents. The Softbank-backed brokerage, which has raced to slash spending in the wake of Covid-19, said it would reduce salaries by 10 to 50 percent, according to an internal document reviewed by The Real Deal.
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