Tag Archives: eXp Realty

Compass acquires 3,100-agent Gulf Coast giant Latter & Blum

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Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time. Continue reading →

Pennsylvania’s No. 1 team leaves eXp Realty for Real Brokerage

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The Jon Campbell Team, previously the Don Wenner Team, closed 2,250 home sales across $585 million in sales volume in 2023. Technology and culture helped draw the team to Real. Continue reading →

Who’s out: The brokerages not covered in the NAR settlement

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More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in. Continue reading →

How commission chaos divided the real estate industry into 4 factions

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The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading →

EXp Realty paid $232M in revenue, equity share to agents in 2023

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EXp Realty paid $232.6 million in revenue share and equity benefits to agents and brokers in 2023, according to the company’s annual program update published mid-Monday. The lion’s share of the payouts — $197.9 million — came from revenue share. The re… Continue reading →

Sexual assault complaint stresses Sanford’s ‘control’ over eXp agents

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Judge finds four agents have plausibly alleged that eXp Realty founder and CEO Glenn Sanford attempted a “cover up” of alleged rapes by top agent recruiters in order to financially benefit. Continue reading →

Opendoor’s partnership with eXp officially goes live

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The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents. Continue reading →

EXp posts revenue uptick in Q4 — but not enough to turn a profit

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The company best-known for its virtual brokerage brought in $983 million in revenue between October and December, even as a difficult market took a toll, according to Q4 earnings released Thursday. Continue reading →

Opendoor posts significant decline in revenue but narrows losses in Q4

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In an earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the “potential for a more normalized macro backdrop” in 2024. Continue reading →