June 28, 2022
Articles

3 downsizing real estate companies offering up immediate candidates

2.7 min read

At Talent Ticker, we predict industry changes. With real estate sales cooling down and mortgage rates rising, a number of teams are downsizing right now. This week, we anticipate immediate candidate availability for the following three US real estate teams.

Our Market Mapping and Talent Sourcing tools find an extensive list of contacts for your leads. We’ve pulled some examples for these teams, so you don’t have to!

Redfin

Redfin has cut 8% of their workforce, with the company informing 470 individuals that there had been a drop in demand for their services. Shares have dropped significantly, from $97 per share to $8. Redfin CEO Glenn Kelman released that “with May demand 17% below expectations, we don’t have enough work for our agents and support staff, and fewer sales leaves us with less money for headquarters projects”. Departures are anticipated across all teams.

Compass

Compass has also this week declared that 450 team members will be let go. The New York based online buying, selling and rental platform has 300+ offices across the US. The company says that the 15% reduction in workforce in a move to cut costs, with affected roles said to be Marketing and Communications teams. Compass is presently hiring in Engineering, Product and Agent positions.

Zumper

San Francisco based rental and vacation group Zumper has announced that they will be laying off 15% of their staff, equating to 45 people. Affected teams are said to be rooted in the Art department, Customer Service and Sales. In contrast, Zumper is currently advertising a number of Product and Account roles, as the rental marketplace platform moves towards revamping their brand.

What next?

Now that you’ve got some great opportunities to pursue, let Talent Ticker help you take the next step. Using our database of 650 million real-time contact profiles, you get the latest numbers and emails for outreach ensuring higher connect rates and more productive conversations. Next, you can use our powerful automations and highly-personalized multi-touch campaigns to not only break the ice, but increase engagement. To help remove silos and create a connected workspace, you can sync your tech stack and email to our platform.

Don’t forget, with the Talent Ticker Chrome Extension, you can gather key insights, vacancies, and valuable contact data directly from company websites and LinkedIn profiles. Not only that, you can connect with prospects or candidates directly through the plugin and bypass your InMail and connection request limits.

Find out what else we can do

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