Tag Archives: exp

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 →

Opendoor to double the number of homes it buys each month: CEO

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CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp. Continue reading →

Mother of all commission suits filed in Illinois, this time by homebuyers

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“Batton 2,” exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another new suit called Gibson. 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 →

EXp recruits high-performing indie brokerage in New England

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The Bean Group is the first team to join eXp Realty via the brokerage’s new Boost program, which provides financial incentives to independent recruits, according to an announcement Tuesday. Continue reading →

EXp captures top-producing team in New York’s Hudson Valley

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The Virginia Corbett Home Team includes 16 agents and five staffers. The team’s move to eXp comes as brokerages across the U.S. compete for top talent. Continue reading →

Keller Williams cuts profit sharing for agents who fled to competitors

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The franchisor will drastically slash profit share for “vested KW agents who actively compete with our brokerages” unless they return within six months, Keller Williams President Marc King said Tuesday. Continue reading →

Successful agents show up, Robert Reffkin says in remote-work rebuke

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During an Inman Connect panel on Wednesday, Compass’ CEO argued the brokerage’s in-person philosophy gives it an advantage over rival firms “charging the least and giving you the least.” Continue reading →