EXp is peachy keen with addition of $70M Georgia team

The Tim Stout Group has joined eXp Realty. The Newnan, Georgia-based team is the sixth multimillion-dollar team to join the cloud-based brokerage in 2025. Continue reading

EXp announces interim chief financial officer

EXp World Holdings CFO Kent Cheng is stepping down, effective April 1. EXp Global financial leader Jesse Hill will be taking his place until eXp names a permanent CFO. Continue reading

EXp Q4 earnings mixed as revenue ticks up but agent count falls

The virtual brokerage ended 2024 with 82,980 agents — a 5 percent drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1 billion in revenue in the final three months of last year. Continue reading

Mergers and acquisitions likely to dominate real estate in 2025

Years of market sluggishness and aggressive expansion by big corporations mean big deals of the past were likely a prelude to more acquisitions in 2025, Intel survey results and interviews suggest. Continue reading

Legal tit-for-tat pulls back curtain on eXp’s ‘sweetheart’ settlement

In new court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper. Continue reading

Agents need to push past fear when posting online

Industry leaders at Inman Connect New York argued that social media and online videos are essential tools for today’s real estate agents, who need to find their voice and share their stories. Continue reading

Mortgage rates ease on benign December inflation report

Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year. Continue reading

Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

Court probes “reverse auction” allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate. Continue reading

5 real estate stories you might have missed during the holidays

In case you missed it, here are five stories from the holiday season that you may want to get caught up on, including a roundup of predictions from some of the real estate world’s biggest players. Continue reading

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