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

Mauricio Umansky: To be great, ‘you have to dare to be bad’

The Agency CEO this week predicted more change ahead for the real estate industry, said agents are angry, and argued in favor of raising the bar for obtaining a real estate license. Continue reading

Weichert follows eXp Realty’s lead in settling commission lawsuits

Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Continue reading

The Q3 calls to watch closely as real estate’s ‘Super Thursday’ unfolds

Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation’s largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025. Continue reading

EXp punches back over criticism of ‘sweetheart’ commission deal

The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table. 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

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

Maine team jumps to eXp Realty, citing commission suits as a reason

Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move. Continue reading

Repealing Clear Cooperation invites catastrophic legal battles

The repeal of Clear Cooperation, eXp Realty CEO Leo Pareja writes, could cause incalculable financial damage to the industry and erode the public’s trust in real estate professionals. Continue reading

EXp agrees to pay $34M to settle antitrust commission lawsuits

The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions. Continue reading