Following several recent high-profile executive departures, eXp Realty is regrouping. The virtual brokerage today announced today the promotion of Dave Conord and Stacey Onnen as, co-presidents. In their new roles, Conord will oversee eXp Realty’s growth while Onnen will focus on brokerage operations.
“I am super excited and honored to have [Conord and Onnen] take on these expanded leadership roles as we deliver on our vision to build out the premier platform for agents and teams to build their real estate business,” eXp Realty CEO and Founder Glenn Sanford said in a statement.
“[Onnen] is a successful and trusted leader and brings a reputation for developing people and inspiring teams, and [Conord’s] strategic thinking makes him the right person to drive sustainable growth at this important time,” Sanford added. “Together with our strong leadership team and amazing staff, [Onned and Conord] will execute on our plan to accelerate growth across the company and beyond.”
Conord joined the company in late 2018 to lead U.S. growth and under his purview, the company expanded its teams program and agent joining process.
Like Sanford, Conord comes from industry-rival Keller Williams, where he the owner and partner of multiple franchises in the Mid-Atlantic. Conord also served as vice president of professional and leadership development at Long & Foster from 2014-2018.
Onnen joined eXp Realty in March 2018 to oversee brokerage operations, which include compliance, risk management and state licensing laws. The latter of which, eXp found itself in trouble with, in the state of California as previously reported by Inman.
Onnen is credited by the company with creating a uniform standard for brokerage operations and therefore helping the company expand to all 50 states.
Prior to joining eXp Realty, Onnen was the designated broker and regional manager at Realty One Group in Arizona. She also worked as an associate broker at Keller Williams prior to joining Realty One Group.
EXp Realty has been on a steady upward trajectory in recent years. The company crossed the 16,000 agent threshold in January 2019 and was one of the biggest movers on the annual Swanepoel Mega 1000, where it finished sixth in sales volume and the Real Trends 500 where it finished fourth in transaction sides.
Despite that rapid growth, the company has lost three of its top executives in the past six months.