EXp announces interim chief financial officer
EXp World Holdings CFO Kent Cheng is stepping down, effective April 1. EXp Global financial leader Jesse Hill will be taking his place until eXp names a permanent CFO
by Marian McPherson Mar 18
EXp Q4 earnings mixed as revenue ticks up but agent count falls
The virtual brokerage ended 2024 with 82,980 agents — a 5% drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1B in revenue in the final 3 months of last year
by Jim Dalrymple II Feb 20
Mergers and acquisitions likely to dominate real estate in 2025
Years of market sluggishness and aggressive expansion by big corporations mean big deals of the past were likely a prelude to more acquisitions in 2025, Intel survey results and interviews suggest
by Jim Dalrymple II Feb 17
Legal tit-for-tat pulls back curtain on eXp's 'sweetheart' settlement
In court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper
by Taylor Anderson Feb 6
Agents need to push past fear when posting online
Industry leaders at Inman Connect New York argued that social media and online videos are essential tools for today's real estate agents to find their voices and share their stories
by Jim Dalrymple II Jan 24
Mortgage rates ease on benign December inflation report
Investors bid up shares of mortgage lenders and real estate companies after 'relatively benign' CPI report ends speculation that inflation worries might force the Fed to raise rates this year
by Matt Carter Jan 15
Judge orders eXp to turn over 'sweetheart deal' negotiation docs
Court probes 'reverse auction' allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate
by Andrea V. Brambila Jan 10
5 real estate stories you might have missed during the holidays
In case you missed it, here are 5 stories from the holiday season that you may want to get caught up on, including a roundup of predictions from some of the real estate world's biggest players
by Christy Murdock Jan 2
EXp World Holdings sells Virbela, the firm that made its virtual world
The sale, to Virbela's cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement
by Jim Dalrymple II Dec 27
Compass, Zillow and Real: A closer look at 3 winning real estate runs
This week Intel explores the financial data behind 3 real estate companies that thrilled investors amid a stagnant market that stymied the competition: Compass, Zillow and The Real Brokerage
by Daniel Houston Dec 2
The big players sneakily winning the sluggish 2024 housing market
This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors
by Daniel Houston Nov 25
EXp is scooping up teams and top-tier agents: CMO Wendy Forsythe
EXp Realty's chief marketing officer also told Inman that the company's revenue share can be life changing for some agents, and expressed cautious optimism for the housing market in 2025
by Jim Dalrymple II Nov 22
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
Surprises, setbacks and shifts: Q3 2024 earnings
Real estate giants report mixed results in Q3 earnings statements, as market shifts put profitability and growth strategies to the test
by Jessi Healey Nov 7
EXp Realty updates agent revenue share model amid recruitment bid
Starting Nov. 1, eXp agents will have access to new revenue streams, especially those who reach the virtual brokerage's ICON status, eXp World Holdings CEO Glenn Sanford said at eXpcon Miami
by Taylor Anderson Oct 30