EXp CEO: We’re aiming for 250K agents in US — but growth is slowing

Despite ambitious goals, the virtual brokerage eXp Realty is seeing its growth slow amid a lagging market — and the company is unlikely to hit a target Sanford set earlier this year. Continue reading

Glenn Sanford announces new eXp consumer app at EXPCON

360 Home will launch in November and is focused on nurturing clients and guiding them through the buying, selling and owning processes. Continue reading

The big iBuyers are getting brutalized in the stock market

Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading

Real estate companies dip as stock market tallies worst day in 2 years

Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading

Real estate stocks are getting absolutely destroyed right now

Multiple real estate companies are seeing share prices fall to all-time lows. If they can’t ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry. Continue reading

EXp picks up top-performing teams from Keller Williams, RE/MAX

The Incorvaia Team and the Ige Johnson Group are the latest in a long string of teams to jump ship for the virtual brokerage. Continue reading

EXp World Holdings tallies double-digit growth in profit, revenue in Q2

The real estate company’s revenue increased 42 percent annually to $1.4 billion, and its gross profits increase 34 percent compared to the second quarter of 2021, according to a Q2 earnings report Wednesday. Continue reading

EXp hires new execs including former Remine CEO, cofounder

The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services. Continue reading

Collabra Technology debuts real estate marketing platform RElumio

RElumio is available through partnerships with MLSs and Realtor associations, designed to make it easy for agents to share marketing materials. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading