DocuSign CEO Dan Springer said Tuesday the company has not noticed a decline in activity among its clients in the real estate industry despite the economic shock from the coronavirus.
“Real estate is an interesting one because while a lot of people are concerned there is going to be a slowdown, we haven’t yet seen that at DocuSign,” Springer said on CNBC’s “Fast Money.”
Stay-at-home orders across the U.S., as well as the general economic uncertainty brought the COVID-19 outbreak, has made real estate a vulnerable sector. Real estate sales in New York City, for example, experienced a steep decline toward the end of March.
DocuSign, an electronic agreement manager, has created some programs for some smaller Realtors to “give them attractive pricing in coordination with the National Association of Realtors,” Springer said.
Springer said other recent trends among DocuSign’s clients may be less surprising. DocuSign has seen challenges among clients in the travel and hospitality…
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