New York Comptroller asks eXp to investigate sexual assault claims

The office of New York State Comptroller, which holds nearly 27,000 shares of eXp World Holdings stock, sent a letter to eXp CEO Glenn Sanford requesting he establish an independent committee to formally look into the allegations. Continue reading

Inman unveils new class of 2024 Power Players

With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards. Continue reading

New lawsuit accuses eXp of ignoring agent sexual assault

The suit accuses now-former eXp agents of sexually assaulting a woman and claims eXp failed to stop the “abhorrent behavior.” It follows a similar case that began in February. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

EXp maintains profitability as revenue declines 2% to $1.2B

EXp World Holdings’ revenue declined 2 percent annually to $1.2 billion in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4 million. Continue reading

Late eXp icon Rick Geha honored with $100K fundraiser

Rick Geha Team founder Rick Geha suddenly passed away one week after eXp’s annual conference in Las Vegas. The Geha family is honoring the late agent’s memory with a $100,000 fundraiser for the Oakland A’s Make-A-Wish Community Fund. Continue reading

Keller Williams cuts profit sharing for agents who fled to competitors

The franchisor will drastically slash profit share for “vested KW agents who actively compete with our brokerages” unless they return within six months, Keller Williams President Marc King said Tuesday. Continue reading

Fewer transactions result in falling profits for eXp World Holdings in Q2

EXp’s revenue fell 13 percent from the second quarter of 2022 to $1.2 billion, and its gross profit decreased 10 percent to $96.5 million, according to an earnings call Thursday afternoon. Continue reading

EXp nabs top-producing Las Vegas agent and team

Bryan Knisley previously ran his own brokerage and completed stints at RE/MAX and Keller Williams. He’s bringing 27 agents with him to eXp, according to the company. Continue reading