Pennsylvania's No. 1 team leaves eXp Realty for Real Brokerage
The Jon Campbell Team, previously the Don Wenner Team, closed 2,250 home sales across $585M in sales volume in 2023. Technology and culture helped draw the team to Real
by Lillian Dickerson Mar 28
Who's out: The brokerages not covered in the NAR settlement
More than 90 brokerages would not be covered under the $418M deal, though most have the option of buying in
by Andrea V. Brambila Mar 20
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
EXp Realty paid $232M in revenue, equity share to agents in 2023
EXp Realty's agents and brokers received $232M in revenue share and equity benefits in 2023. The year's payout was a 4% decrease from 2022
by Marian McPherson Mar 12
Sexual assault complaint stresses Sanford's 'control' over eXp agents
Judge finds 4 agents have plausibly alleged that eXp Realty founder and CEO Glenn Sanford attempted a 'cover up' of alleged rapes by top agent recruiters in order to financially benefit
Opendoor's partnership with eXp officially goes live
The companies' integrated technology will streamline the process to make Opendoor cash offers available to eXp's tens of thousands of agents
by Jim Dalrymple II Feb 29
EXp posts revenue uptick in Q4 — but not enough to turn a profit
The company best-known for its virtual brokerage brought in $983M in revenue between October and December, even as a difficult market took a toll, according to Q4 earnings released Thursday
by Jim Dalrymple II Feb 22
Mission accomplished: Real nets another eXp office
The Real Brokerage has surpassed 14K agents in total and continues to name new teams to its roster. The latest is another from eXp, Mission Realty of Richmond, Virginia
by Craig C. Rowe Feb 20
Opendoor posts significant decline in revenue but narrows losses in Q4
In a Q4 earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the 'potential for a more normalized macro backdrop' in 2024
by Jim Dalrymple II Feb 15
Top Bay Area team boomerangs back to Compass from Side
Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they're bringing 4 additional team members back to Compass with them
by Jim Dalrymple II Feb 13
SERHANT. launches in Orlando with The Home Squad
The 16-member team led by Sarah and Mark Raumaker closed $86M in sales volume last year and has sold more than $260M in sales volume since its founding in 2018
New York Comptroller asks eXp to investigate sexual assault claims
The office of New York State Comptroller, which holds nearly 27,000 shares of eXp World Holdings stock, sent a letter to eXp CEO Glenn Sanford requesting he establish an investigative committee
by Ben Verde Jan 31
6 keys to building the team of your dreams in 2024
Team leaders Megan Romine, Ryan Butler and Elias Astuto discussed how enforcing standards, sharing responsibilities and staying engaged are key to creating a long-lasting business
by Marian McPherson Jan 24
Talk and tech tools to help agents thrive in 2024
Tech and team leaders who spoke at Agent Connect on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients and other agents in the industry
by Lillian Dickerson Jan 24
California commission lawsuit filed against NAR and 35 other entities
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws
by Andrea V. Brambila Jan 19