Tag Archives: exp world holdings

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 →

Will the second quarter of 2023 match real estate’s Q1 meltdown?

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Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they’re watching with Intel. Continue reading →

EXp team leader accused of sexual assault seeks to protect sex tapes

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EXp founder and CEO Glenn Sanford is now a defendant in the sex trafficking case and allegedly turned a blind eye to the assaults for financial gain, according to an amended legal filing. Continue reading →

Former KW CEO Mark Willis ‘home’ 18 months after eXp recruit drama

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A year and a half after Keller Williams legally blocked eXp World Holdings’ attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned. Continue reading →

Real estate stocks are suddenly and finally on fire

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Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector. Continue reading →