Shareholders say eXp mishandled assault allegations in new lawsuit

A “culture of fear and retaliation” has damaged eXp World Holdings’ image, goodwill and monetary performance amid several sexual assault lawsuits, two shareholders claim in a suit filed Wednesday. Continue reading

New lawsuit accuses eXp of ignoring agent sexual assault

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

EXp maintains profitability as revenue declines 2% to $1.2B

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

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

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

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

EXp founder Glenn Sanford speaks out on ‘lull’ in agent count growth

EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm’s sluggish agent count growth. Continue reading

Glenn Sanford steps in as eXp Realty CEO; Jason Gesing takes on new role

Sanford will helm the company’s brokerage while Gesing, who had served as its chief executive officer, will shift into an expanded role as chief industry relations officer for eXp World Holdings. Continue reading

What to watch for at eXp Realty’s EXPCON this week

Virtual brokerage eXp Realty is going analog this week with its annual EXPCON conference in Las Vegas. Here are a few highlights from the conference agenda. Continue reading

WATCH: A Zillow executive reveals what sparked the ShowingTime buy

MoxiWorks’ York Baur, Zillow’s Sara Bonert, and eXp Realty’s Jason Gesing explained the role of consolidation at Inman Connect Las Vegas, as the industry aims to improve the transaction process. Continue reading

EXCLUSIVE: Read Inman’s Industry Blueprint for a Changing Market

At CEO Connect in Las Vegas, the real estate industry’s top leaders collaborated to create our first-ever “Industry Blueprint for a Changing Market.” Continue reading