What happens when the battle for agent count runs out of steam?
Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending
by Jim Dalrymple II Jan 18
Indie brokerages lead the way in 2022 NYC agent growth: Report
NYC-based real estate license education platform Corofy released its latest brokerage ranking list which was dominated by independent firms, including SERHANT. and Casa Blanca
by Marian McPherson Jan 17
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
by Jim Dalrymple II Jan 9
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
by Daniel Houston Jan 3
'Health is wealth:' Glenn Sanford's health journey and eXp's future
In October, the eXp World Holdings founder and CEO's health journey took center stage at EXPCON. Now, Sanford shares how health is a cornerstone of his brokerage's strategy
by Marian McPherson Jan 3
Real estate in 2022: When the #@!$ finally hit the fan
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down
by Jim Dalrymple II Dec 19
All brokerages are entering the winter of real estate: Mike DelPrete
Opinion
Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story?
by Mike DelPrete Nov 30
EXp Realty promotes former Remine CEO Leo Pareja
Pareja joined eXp earlier this year as president of affiliated services. He now steps into the role of chief strategy officer
by Jim Dalrymple II Nov 15
Billions in losses, a brutal market and more from Q3 earnings season
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
by Jim Dalrymple II Nov 14
EXp Realty expands into Poland amid international push
Competition and a slowing market are making international expansions an increasingly important part of many US companies plans for growth, including eXp Realty
by Jim Dalrymple II Nov 8
Abuzz, then a bust: What happened with all that big 'platform' chatter?
Opinion
Real estate platforms were a hot topic a few years ago, but for even some of the biggest companies, sprawling enterprise has been the quickest way to failure, Inman founder Brad Inman writes
by Brad Inman Nov 7
Revenues rise and profits fall for eXp amid a 'challenging' Q3
EXp World Holdings revenue increased 12% to $1.2B during the third quarter of 2022; however, its profitability slid 81.5% to $4.4M — a reflection of an increasingly choppy market
by Marian McPherson Nov 2
Real estate companies are about to tell us just how bad the downturn is
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
by Jim Dalrymple II Nov 2
Lights, camera, luxury: Inside eXp Realty's newest division, eXp Luxury
Inman spoke with Chief Growth Officer Michael Valdes and 3 of the company's charter luxury advisory council members to learn what's in store for agents as it ramps up the new division
by Lillian Dickerson Oct 28
The Agency's Mauricio Umansky on what's hurting brokerages the most
At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what's happening in the market now and how it's impacting brokers and their agents
by Lillian Dickerson Oct 19
EXp CEO: We're aiming for 250K agents in US — but growth is slowing
Despite ambitious goals, the virtual brokerage eXp Realty is seeing its growth slow amid a lagging market — and the company is unlikely to hit a target Sanford set earlier this year
by Jim Dalrymple II Oct 14
10 takeaways from eXp's EXPCON on how to blast through a downturn
EXp Realty charged into the second and third days of EXPCON with 8 hours of agent advice on a shifting market. Here are the biggest lessons from real estate professionals on both days
EXp Realty CEO Glenn Sanford lets New Age flag fly in EXPCON talks
Instead of following the typical CEO talk, eXp Realty founder Glenn Sanford used his EXPCON appearances to spark a health revolution among his 85,000 agents
by Marian McPherson Oct 14
Glenn Sanford announces new eXp consumer app at EXPCON
360 Home will launch in November and is focused on nurturing clients and guiding them through the buying, selling and owning processes
EXPCON keynote urges real estate agents to stay positive
Nick Santonastasso, who in his own words was born a 'man with no legs and one arm,' said agents should have 'emotional integrity' and focus on things they can control
by Jim Dalrymple II Oct 13
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
by Marian McPherson Oct 12
Veronica Figueroa's eXp team to use Place technology
The move highlights the independent and expansionist proclivities of today's top-performing real estate teams
by Jim Dalrymple II Oct 11
'Stranger Things' home destined for Airbnb following whirlwind deal
The home where Joyce Byers and her sons Will and Jonathan lived in fictional Hawkins, Indiana, is under contract for nearly twice its asking price after listing for $300K in mid-September
by Ben Verde Oct 5
How this team got diverse in its marketing — and how yours can too
Focusing on the team's individual agents and what makes each one unique is key to Fast Real Estate Team's diverse marketing efforts
by Lillian Dickerson Sep 22
Swanepoel says this company is still ‘the 800-pound gorilla’ in real estate
Several newer brokerages have made big strides. But real estate executive Stefan Swanepoel says one established juggernaut still looms large: The holding company formerly known as Realogy
by Daniel Houston Sep 15
EXp Realty continues international expansion with move into Poland
The announcement follows days after the brokerage made public its plans to expand operations into Chile, building on what has been a spurt of international expansion for the company
by Lillian Dickerson Sep 14
EXp Realty expands South American operations to Chile
With the new expansion, eXp now operates in 22 markets and has more than 84,000 agents worldwide. Its established markets in South America include Colombia and Brazil
Top RE/MAX Canada team returns to franchise after 16 months at eXp
After leaving in May 2021 for eXp Realty, The Woolcott Real Estate team has returned to RE/MAX. It is one of Canada's top producers, with more than $503M in 2021 sales volume
by Marian McPherson Sep 7
EXp picks up top-performing teams from Keller Williams, RE/MAX
The Incorvaia Team and the Ige Johnson Group are the latest in a long string of teams to jump ship for the virtual brokerage
by Jim Dalrymple II Sep 1
WATCH: A Zillow executive reveals what sparked the ShowingTime buy
York Baur, Sara Bonert and Jason Gesing explain the role of consolidation at Inman Connect Las Vegas, as the industry aims to improve the transaction process
by Marian McPherson Aug 29
EXp names chief growth officer in bid to streamline growth strategy
The brokerage announced on Friday the promotion of Michael Valdes to chief growth officer, a role in which he will oversee the continued expansion of both eXp Realty and eXp Commercial
by Daniel Houston Aug 19
Takeaways from the hallways: Buzz-worthy thoughts and highlights from ICLV
Opinion
Find out the ins and outs of what went on behind the scenes at ICLV, including what people were talking about and what was in the air
by Chris Drayer Aug 19
EXp nabs high-performing Engel & Völkers team in Utah's Park City
The Lawson team works with high-end properties in Park City and other Utah communities. The team's jump to eXp is the latest in an ongoing trend of teams migrating to the techie brokerage
by Jim Dalrymple II Aug 11
In earnings twist, most real estate companies avoided the worst in Q2
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
by Jim Dalrymple II Aug 8
'Consolidation is a natural maturation of this industry': Baur
Jason Gesing, York Baur, Sara Bonert and Greg Robertson gathered on the Inman Connect stage in Las Vegas to work through their issues with industry consolidation in the technology sector
by Craig C. Rowe Aug 5
Knock CEO: The difference between 2008 and today is equity — and tech
At CEO Connect on Thursday, Knock CEO Sean Black and eXp Realty CEO Jason Gesing said technology and innovative business methods can help brokers manage the new market
by Craig C. Rowe Aug 5
EXp Realty names new chief operations officer
The brokerage named former Xome Chief Technology Officer Patrick O'Neill to the chief operating officer position, it was announced Thursday
by Ben Verde Aug 4
Everyone is coming after agent commissions, DelPrete tells ICLV
During a session Wednesday at Inman Connect Las Vegas, real estate tech expert Mike DelPrete said staking out a piece of the agent commission pool is baked into newer business models
EXp World Holdings tallies double-digit growth in profit, revenue in Q2
The real estate company's revenue increased 42% annually to $1.4B, and its gross profits increased 34% compared to the second quarter of 2021, according to a Q2 earnings report Wednesday
by Daniel Houston AND Ben Verde Aug 3
A pivotal earning season is beginning. Here's what to know
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
by Jim Dalrymple II Aug 1
Christie's International Real Estate expands to Japan
The move comes less than a year after Chicago-based brokerage @properties bought Christie's and amid a period of globalization for American brands
by Jim Dalrymple II Jul 19
Mike DelPrete: In cooling market, agents are in for a 'dogfight'
Real estate tech expert Mike DelPrete will share what companies are doing to emerge victorious amid uncertainty at Inman Connect Las Vegas next month
by Andrea V. Brambila Jul 12
EXp to acquire Canadian real estate search portal, brokerage Zoocasa
The acquisition is intended to help boost eXp Realty's online lead search generation and listing portal opportunities for its agents and brokers
by Ben Verde Jun 21
What's giving eXp the edge right now? Mike DelPrete
Opinion
As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies
by Mike DelPrete Jun 17
EXp hires new execs including former Remine CEO, cofounder
The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services
by Jim Dalrymple II Jun 16
NYC sting embroils more than 120 companies in fair housing lawsuit
Filed Wednesday, the lawsuit accuses brokerages and property owners of telling renters at risk of homelessness that their vouchers would not be accepted
by Daniel Houston May 26
Insurance agency says REX is still operating, adding new wrinkle
PIUS CEO tells Inman the company is operating 'on a smaller scale,' but a former REX agent insists those operations no longer include handling real estate transactions
by Andrea V. Brambila May 19
Here's what real estate team leaders need to do as the market shifts
Many agents entered real estate during a moment of unprecedented growth. Veteran team leaders at Connect Now shared their tips on how to guide agents through a market that isn't as strong
by Jim Dalrymple II May 19
Is your team model sustainable? Here's how to know
Inman reached out to industry experts and team leaders, who shared insights based on first-hand experience about what works and what doesn't. Here's what they had to say
by Jim Dalrymple II May 6
From Airbnb to Zillow: How real estate is dealing with Ukraine crisis
As US businesses withdrew from Russia, Inman surveyed the nation's top real estate companies. Read on to see how 23 of the industry's most notable companies have responded to the conflict
by Ben Verde May 5
EXp Realty tallies $1B in revenue as profits, agent count rise in Q1
Revenue grew 73% and gross profits increased 56% to $83.5M as recruitment continued to gain steam ahead of a goal of reaching 100K agents by the end of 2022, according to earnings on Wednesday
by Ben Verde May 4
EXp announces expansion into Dubai and Chile
The brokerage has already made two expansions this year after making nine in 2021
by Ben Verde May 3
Family, staff and hours: 7 sacrifices agents are making amid tough times
As they consider the uncertain future ahead, here's what real estate agents are giving up in their professional and personal lives
Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000
EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty
by Jim Dalrymple II Apr 28
Inman Connect returns: Big parties, tech's reckoning and a Zillow pile-on
The informative and, at times, raucous event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving
by Jim Dalrymple II Apr 25
EXp hits 80K agents, anticipates surpassing 100K by end of the year
As the online real estate brokerage surpassed 80K agents on Wednesday, Glenn Sanford also told Brad Inman at Inman Connect New York that Zillow is a competitor of companies like eXp Realty
by Jim Dalrymple II Apr 20
RE/MAX enlists SUCCESS Coaching exec to lead West Coast operations
SUCCESS Coaching executive Ben Fairfield has joined RE/MAX as vice president of region development for the West Coast, overseeing franchise growth across 15 states
by Marian McPherson Apr 12
As supply dwindled, nation's biggest brokerages gained market share
The biggest real estate brokerages and franchise networks made big gains in market share in 2021 and accounted for 61% of home sales, a new report reveals
by Daniel Houston Apr 7
Trump appears at Cardone event, hints at future presidential run
Trump was a surprise speaker at Grant Cardone's 10X Growth Conference, where he suggested the war in Ukraine wouldn't have happened if he were in office
by Jim Dalrymple II Mar 28
Compass completes its remarkable climb to become top producer
Compass completed $251.1 billion in transactions last year, more than any other brokerage firm. HomeServices of America had the most sides
by Taylor Anderson Mar 25
Inman Connect New York
Are you ready to grow your real estate business? Connect with the smartest real estate pros and learn their secrets at ICNY
by Jodie Cordell Mar 22
Say goodbye to the starter home
As millions of Americans go in search of their first home this spring, many may find that the starter homes they once envisioned now have long-term home prices. Now what?
by Ben Verde Mar 15
Is Mark Willis a priceless gem? Keller Williams seems to think so
Opinion
Despite a Texas judge's decision to uphold and extend a temporary restraining order, Brad Inman predicts Mark Willis will be the chief executive officer of eXp Realty by St. Patrick’s Day
by Brad Inman Mar 2
What to watch as RE/MAX's R4 conference unfolds this week
The company is set to begin a new chapter as CEO Adam Contos departs and big changes sweep across the broader industry
by Jim Dalrymple II Feb 28
Inman Top 5: The biggest stories of the week of Feb. 18-24, 2022
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Feb 25
EXp Realty reports 'tremendous growth' with $1.1B in Q4 revenue
In its fourth-quarter earnings call, eXp World Holdings Chairman Glenn Sanford credited his brokerage's growth to agent-centric improvements in eXp's technology, tools and agent services
by Marian McPherson Feb 24
Judge upholds Keller Williams' temporary restraining order against Mark Willis
A Texas judge has approved KW and eXp Realty's request to extend the temporary restraining order preventing former KW CEO Mark Willis from joining eXp. Both parties have until April 19 to complete discovery
by Marian McPherson Feb 22
Keller Williams' brand new business operations chief on why she left eXp
Stacey Onnen reveals why 'culture and connection' were the deciding factors behind her decision to leave eXp Realty for Keller Williams in the midst of a reignited rivalry between the brokerages
by Marian McPherson Feb 22
EXp added 30,000 agents in 2021, inching closer to 100K milestone
Agent count has skyrocketed 60% from 46,745 agents to just over 75,000 worldwide since February 2021, according to data Wednesday from the rapidly rising cloud-based brokerage
by Marian McPherson Feb 16
#FreeMarkWillis hashtag gains steam amid Keller Williams, eXp beef
Dozens of posts on various social media platforms have weighed in on the latest chapter of a long-running feud between eXp Realty and Keller Williams
by Jim Dalrymple II Feb 11
Who is Mark Willis, the CEO at the center of Keller Williams' eXp feud?
Colleagues and real estate professionals offer their take on Mark Willis, who made waves with his sharp leadership skills and charisma that ushered the Texas-based brokerage into a new era
by Marian McPherson Feb 10
Former Keller Williams CEO Mark Willis poised to jump to eXp Realty amid legal dispute
The recruitment revelation was revealed in an 11-page motion filed on Monday by eXp World Holdings in a bid to dissolve Keller Williams’ temporary restraining order against Willis
by Marian McPherson Feb 8
Warts and all: Some agents are now pitching the good, bad and the ugly
The unorthodox sales strategy has become necessary amid the pandemic as more and more people look to relocate, Realtors say
by Ben Verde Feb 8
EXp President of Operations heads to Keller Williams as rivalry builds
EXp President of Operations Stacey Onnen is going to Keller Williams, it was announced Friday, 2 days after eXp World Holdings founder Glenn Sanford raised issues over recruitment in a tweet
by Marian McPherson Feb 4