Friday 27 March 2020

Redfin execs tighten belt and give agents a boost

Agents at real estate brokerage Redfin are getting a reprieve and the CEO is forsaking compensation in light of the coronavirus pandemic. Glenn Kelman, the CEO of Redfin, said he will give up pay for the remainder of the year, according to a report in Inman. Agents at his company will get an increase in their fixed pay to make up for the drop-off in transactions. The members of its board also agreed to forego



source https://therealdeal.com/2020/03/27/redfin-execs-tighten-belt-and-give-agents-a-boost/

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