The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading

EXp Realty rolls out new ‘My Link My Lead’ referral tool for agents

My Link My Lead will enable eXp agents to share links to eXp’s national search portal and automatically refer the leads generated outside of the agent’s service area, the company said. Continue reading

Eyes on inventory as Q1 earnings ramp up following a chilling 2022

Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he’ll be watching as publicly traded real estate companies post Q1 earnings this week and next. Continue reading

EXp Realty posts revenue decline as transactions and sales dip in Q1

EXp World Holdings tallied a 16 percent decrease in revenue in Q1 as transaction sides and volume at its brokerage, eXp Realty, fell by 10 percent and 20 percent, respectively, according to an earnings call on Tuesday. Continue reading

Meet the boomerang agents returning to their old brokerages

As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading

EXp Canada appoints veteran agent John Tsai as new president

EXp Canada has appointed veteran real estate agents John Tsai, Nadia Habib and Nathalie Goodyer to three C-suite positions, according to the company. Tsai joined the brokerage in 2017. Continue reading

SUCCESS Enterprises announces Amy Somerville as new CEO

EXp World Holdings has tapped veteran professional development leader and strategist Amy Somerville to lead SUCCESS Enterprises, according to an announcement on Monday. As CEO, Somerville will oversee SUCCESS Enterprises’ flagship print magazine SUCCES… Continue reading

EXp cites ‘volatile housing market’ for double-digit sales decline in Q4

EXp World Holdings’ revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an earnings call Tuesday afternoon. Continue reading

Lawsuit accuses eXp agents of sexual assault, drugging women

According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events. Continue reading