Tag Archives: exp world holdings

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 →

Eyes on inventory as Q1 earnings ramp up following a chilling 2022

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Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he’ll be watching as publicly traded real estate companies post Q1 earnings this week and next. Continue reading →

EXp Realty posts revenue decline as transactions and sales dip in Q1

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EXp World Holdings tallied a 16 percent decrease in revenue in Q1 as transaction sides and volume at its brokerage, eXp Realty, fell by 10 percent and 20 percent, respectively, according to an earnings call on Tuesday. Continue reading →

Cash to burn: Do real estate’s big players have enough in the bank?

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Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023. Continue reading →

SUCCESS Enterprises announces Amy Somerville as new CEO

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EXp World Holdings has tapped veteran professional development leader and strategist Amy Somerville to lead SUCCESS Enterprises, according to an announcement on Monday. As CEO, Somerville will oversee SUCCESS Enterprises’ flagship print magazine SUCCES… Continue reading →

Real estate took a drubbing in Q4, but some companies still surprised

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Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading →

EXp cites ‘volatile housing market’ for double-digit sales decline in Q4

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EXp World Holdings’ revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an earnings call Tuesday afternoon. Continue reading →

Lawsuit accuses eXp agents of sexual assault, drugging women

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According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events. Continue reading →

Cost cutting and existentialism: What to expect from earnings

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Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive. Continue reading →

Compass went public 2 years ago. Can it recover from its stock slump?

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Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares fall significantly. Continue reading →