EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading

Winners of eXp Realty’s eXpcon Hackathon announced

At eXp Realty’s first-ever eXpcon Hackathon, held in Miami Beach, Florida, on Oct. 26, industry innovators competed to showcase projects aimed at creating cutting-edge real estate solutions using OpenAI technology, and the brokerage has officially anno… Continue reading

Maine team jumps to eXp Realty, citing commission suits as a reason

Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move. Continue reading

Repealing Clear Cooperation invites catastrophic legal battles

The repeal of Clear Cooperation, eXp Realty CEO Leo Pareja writes, could cause incalculable financial damage to the industry and erode the public’s trust in real estate professionals. Continue reading

Sacramento-based Prime Real Estate Team joins eXp Realty

The Sacramento-based Prime Real Estate Team has transitioned from Side to eXp Realty after seven years, the brokerage announced on Wednesday. After serving the white-label brokerage in the Folsom and Greater Sacramento areas, the team is ready to advan… Continue reading

Where real estate’s major players stand on Clear Cooperation Policy

Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading

Umansky threatens to sue NAR as pocket listing pressure mounts

The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading

Clear Cooperation takes center stage, faces pressure to change

Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading

Toronto-based Polsinello Team joins eXp Realty

Team lead Frank Polsinello said eXp Realty’s commissions and benefits “fit the bill perfectly” for the team’s needs. The team was ranked No. 16 for RE/MAX Canada this year. Continue reading