The suit claims eXp tried to solicit franchisees whose contracts with RE/MAX weren't over yet, and that it misrepresented RE/MAX's commission splits, among other things
Teams are less and less constrained by geography thanks to powerful new upstart companies, even as control of real estate technology becomes more centralized
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The team, which includes 22 agents, is the latest of many that have switched from a legacy brand to the upstart virtual brokerage
Many real estate companies have reported stronger-than-expected earnings in recent weeks, but their share prices keep dropping
The Adam Olsen team is based in Houston, Texas, and is at least the fourth big get for eXp in April alone
The virtual brokerage now operates in 14 countries, and has plans to open in others later this year
Experience Realty Partners is based in St. Louis, Missouri, and is the third team eXp has picked up this month
The Lahey Group operates in the Washington, DC, area. The move is the second big get for eXp in less than a week
The Salt Lake City-based Perry Group has more than 50 agents. The team was drawn to eXp thanks to the brokerage's focus on technology
The brokerage saw its stock pop as high as $22 before closing at $20.15, an 11.9% jump from the public offering price
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