Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying
The company has long been open about having major ambitions, but Sanford said Wednesday that eXp's current trajectory will soon take it to half a million agents
Courtney Chakarun, who is spending this week at her company's EXPCON event, spoke to Inman about eXp's growth, leadership and branding
EXp CEO Jason Gesing also told Inman that franchising may see waning popularity, while iBuying is likely to remain a niche offering
Ahead of eXp's EXPCON event, Sanford also discussed agent compensation and his company's latest earnings results
EXp has managed to place itself at the forefront of numerous real estate trends. Its first companywide event since the pandemic may offer hints at where it's going in the future
The company, which serves as a popular lead generation platform for many agents, saw its shares jump during the early hours of trading on Monday morning
San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer's lending services
Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear
The brokerage and portal company raked in $540M between July and September, and saw its losses improve
Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers
Opendoor Complete will let consumers track their transactions and coordinate both home sales and purchases from one location
Keith Rabois also said on Twitter Wednesday that he expects Zillow to suffer 'even greater losses than they admit'
Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens
The popular portal raked in $1.7B during the third quarter of 2021, though it also lost $328M — much of it from iBuying
The move should take several quarters and will also result in Zillow reducing its workforce by about 25 percent
The new team members will be based in Toronto and will work on financial platforms and technology infrastructure
The KW School of Real Estate will be fully digital and launched in partnership with educational firm Kaplan
This year's highlights included the escalation of a Zillow-CoStar cold war, warnings that the market could turn and countless tips for agents who want to thrive in any kind of market
Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings are as strong as ever. This is Inman's first story in a 5-part series
