Mauricio Umansky: To be great, 'you have to dare to be bad'
The Agency CEO this week predicted more change ahead for the real estate industry, said agents are angry, and argued in favor of raising the bar for obtaining a real estate license
by Jim Dalrymple II Nov 18
EXp suffers setback in bid for 'sweetheart' commission deal
A judge has denied the brokerage's request for a stay in the Gibson case, saying a tactic the company is accused of using to settle a different suit involves a 'collusive element'
by Jim Dalrymple II Nov 14
Weichert follows eXp Realty's lead in settling commission lawsuits
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp's settlement in that case sparked pushback from plaintiffs in a different lawsuit
by Jim Dalrymple II Nov 7
The Q3 calls to watch closely as real estate’s 'Super Thursday' unfolds
Anywhere Real Estate, Redfin, eXp World Holdings and 7 more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025
by Taylor Anderson Nov 7
EXp punches back over criticism of 'sweetheart' commission deal
The virtual brokerage argued Tuesday that its settlement wasn't too small, and asked a court to reject attempts to force it back to the negotiating table
by Jim Dalrymple II Nov 5
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
EXp Realty's $34M settlement is a 'sweetheart deal': Gibson plaintiffs
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a 'reverse auction' should compel the brokerage to return to the bargaining table
by Taylor Anderson Oct 24
Maine team jumps to eXp Realty, citing commission suits as a reason
Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move
by Jim Dalrymple II Oct 22
Repealing Clear Cooperation invites catastrophic legal battles
Opinion
The repeal of Clear Cooperation, eXp Realty CEO Leo Pareja writes, could cause incalculable financial damage to the industry and erode the public’s trust in real estate professionals
by Leo Pareja Oct 14
EXp agrees to pay $34M to settle antitrust commission lawsuits
The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions
by Taylor Anderson Oct 7
Side debuts profit-sharing program, lays off staff members
PartnerUp Revenue Share will give agents a cut of Side's profit if they refer and mentor other agents. The program was one of several announcements the company made Monday
by Jim Dalrymple II Sep 23
EXp picks up 200-agent Hudson Valley indie brokerage
As part of eXp, Grand Lux Realty will operate out of White Plains, New York. Founder Michael Levy touted eXp's technology as one of the brokerage's selling points
by Jim Dalrymple II Sep 19
Coldwell Banker recruits Boston team away from Compass
Katherine Bell and Maddy Petrini are bringing their Bell and Petrini team to Coldwell Banker's Back Bay office. The team has done $47M in sales this year, according to the brokerage
by Jim Dalrymple II Sep 5
Gains and losses amid market shifts: Q2 2024 earnings
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, here's the breakdown of who's up and who's down
by Jessi Healey Aug 15
EXp not 'doing broker-to-broker compensation' — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but it doesn't bar sellers from offering compensation to buyers' agents
by Jim Dalrymple II Jul 24