Tag Archives: exp world holdings

New commission lawsuit in New York may draw FTC attention

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The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading →

EXp posts revenue uptick in Q4 — but not enough to turn a profit

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The company best-known for its virtual brokerage brought in $983 million in revenue between October and December, even as a difficult market took a toll, according to Q4 earnings released Thursday. Continue reading →

‘The vibe is pretty good’ as first earnings season of 2024 kicks off

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Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023. Continue reading →

Inman unveils new class of 2024 Power Players

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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

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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’

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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 →

Commission lawsuits are piling up. Keep track of them all right here

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In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading →

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

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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 →

Will Q3 earnings keep real estate mired in a ‘Groundhog Day’ loop?

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Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it? Continue reading →

Sitzer attorney files new suit against Compass, Redfin, others

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Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy Continue reading →