Late eXp icon Rick Geha honored with $100K fundraiser

Rick Geha Team founder Rick Geha suddenly passed away one week after eXp’s annual conference in Las Vegas. The Geha family is honoring the late agent’s memory with a $100,000 fundraiser for the Oakland A’s Make-A-Wish Community Fund. Continue reading

Keller Williams cuts profit sharing for agents who fled to competitors

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

Fewer transactions result in falling profits for eXp World Holdings in Q2

EXp’s revenue fell 13 percent from the second quarter of 2022 to $1.2 billion, and its gross profit decreased 10 percent to $96.5 million, according to an earnings call Thursday afternoon. Continue reading

EXp nabs top-producing Las Vegas agent and team

Bryan Knisley previously ran his own brokerage and completed stints at RE/MAX and Keller Williams. He’s bringing 27 agents with him to eXp, according to the company. Continue reading

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

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

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

The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading

EXp Realty rolls out new ‘My Link My Lead’ referral tool for agents

My Link My Lead will enable eXp agents to share links to eXp’s national search portal and automatically refer the leads generated outside of the agent’s service area, the company said. Continue reading

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

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

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