EXp World Holdings sells Virbela, the firm that made its virtual world

The sale, to Virbela’s cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement. Continue reading

Clear Cooperation critics miss ‘the forest for the trees,’ eXp CEO says

Ahead of his appearance at Inman Connect New York in January, eXp Realty CEO Leo Pareja told Inman that change is inevitable and that his “North Star” is improving the experience of his agents. Continue reading

EXp is scooping up teams and top-tier agents: CMO Wendy Forsythe

EXp Realty’s chief marketing officer also told Inman that the company’s revenue share can be life changing for some agents, and expressed cautious optimism for the housing market in 2025. Continue reading

EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading

EXp Realty updates agent revenue share model amid recruitment bid

Starting Nov. 1, eXp agents will have access to new revenue streams, especially those who reach the virtual brokerage’s ICON status, eXp World Holdings CEO Glenn Sanford said at eXpcon Miami. Continue reading

Winners of eXp Realty’s eXpcon Hackathon announced

At eXp Realty’s first-ever eXpcon Hackathon, held in Miami Beach, Florida, on Oct. 26, industry innovators competed to showcase projects aimed at creating cutting-edge real estate solutions using OpenAI technology, and the brokerage has officially anno… Continue reading

EXp Realty’s $34M settlement is a ‘sweetheart deal’: Gibson plaintiffs

Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a “reverse auction” should compel the brokerage to return to the bargaining table. Continue reading

Shareholders say eXp mishandled assault allegations in new lawsuit

A “culture of fear and retaliation” has damaged eXp World Holdings’ image, goodwill and monetary performance amid several sexual assault lawsuits, two shareholders claim in a suit filed Wednesday. Continue reading

EXp Realty to host AI-powered Hackathon in Miami Beach

The brokerage is set to host its inaugural Hackathon on Oct. 26. In addition to prizes, participants will have the chance to network with industry leaders. Continue reading

Revenue rose and agent loss slowed for eXp Realty in Q2

EXp World Holdings revenue grew 5 percent year over year to $1.295 million during the second quarter of the year. The brokerage’s agent count continued to drop but at a slower rate than previous quarters. Continue reading