Side debuts profit-sharing program, lays off staff members

The PartnerUp Revenue Share program will give agents a cut of Side’s profit if they refer and mentor other agents. The program was one of several announcements the company made Monday. Continue reading

Real estate vets launch Realty of America virtual brokerage

Led by CEO Eddie Garcia, the national firm born out of Realty of Chicago already has over 2,000 agents who represent more than $5 billion in sales volume. Its founders also have big plans for expansion and, eventually, an IPO. Continue reading

EXp picks up 200-agent Hudson Valley indie brokerage

As part of eXp, Grand Lux Realty will operate out of White Plains, New York. Founder Michael Levy touted eXp’s technology as one of the brokerage’s selling points. 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

Umansky threatens to sue NAR as pocket listing pressure mounts

The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading

Maryland- and Canada-based real estate teams join eXp Realty

The addition of both The Bryce Hansen Team and The Maryland and Delaware Group follows eXp Realty’s acquisition of other top-performing teams this year, including Toronto-based Polsinello Team, which switched from RE/MAX in August, bringing 25 agents t… Continue reading

‘Business as usual’: Hiccups but few calamities as NAR rules roll out

New National Association of Realtors rules kicked in Saturday. By Monday, agents said they were fielding questions from clients, among other hurdles, but not seeing widespread chaos. Continue reading

A brave new world awaits the real estate industry. Are you prepared?

Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It’s a brave new world, and it begins this weekend. Continue reading

Toronto-based Polsinello Team joins eXp Realty

Team lead Frank Polsinello said eXp Realty’s commissions and benefits “fit the bill perfectly” for the team’s needs. The team was ranked No. 16 for RE/MAX Canada this year. 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