EXp scoops up 60-agent RE/MAX team in Canada
Justin Havre and his 60-agent team in Calgary are the latest big names to move brokerages as big-name firms compete for top talent
by Jim Dalrymple II Nov 20
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Opendoor to double the number of homes it buys each month: CEO
CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp
by Jim Dalrymple II Nov 8
Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Will Q3 earnings keep real estate mired in a 'Groundhog Day' loop?
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
by Jim Dalrymple II Nov 1
Sitzer attorney files new suit against Compass, Redfin, others
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
eXp Realty
The Bean Group is the first team to join eXp Realty via the brokerage's new Boost program, which provides financial incentives to independent recruits, according to an announcement Tuesday
by Jim Dalrymple II Sep 13
EXp captures top-producing team in New York's Hudson Valley
The Virginia Corbett Home Team includes 16 agents and 5 staffers. The team's move to eXp comes as brokerages across the US compete for top talent that can still produce in a tight market
by Jim Dalrymple II Sep 6
Keller Williams cuts profit sharing for agents who fled to competitors
The franchisor will slash profit sharing for 'vested KW agents who actively compete with our brokerages' unless they return within 6 months, Keller Williams President Marc King said Tuesday
by Andrea V. Brambila Aug 23
Successful agents show up, Robert Reffkin says in remote-work rebuke
During an Inman Connect panel on Wednesday, Compass' CEO argued the brokerage's in-person philosophy gives it an advantage over rival firms 'charging the least and giving you the least'
by Jim Dalrymple II Aug 9
Fewer transactions result in falling profits for eXp World Holdings in Q2
EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2B, and its gross profit decreased 10% to $96.5M, according to a Q2 earnings call Thursday afternoon
by Ben Verde Aug 4
EXp nabs top-producing Las Vegas agent and team
Bryan Knisley previously ran his own brokerage and completed stints at RE/MAX and Keller Williams. He's bringing 27 agents with him to eXp, according to the company
by Jim Dalrymple II Jul 28
EXp team leader accused of sexual assault seeks to protect sex tapes
EXp founder and CEO Glenn Sanford is now a defendant in the sex trafficking case and allegedly turned a blind eye to the assaults for financial gain, according to an amended legal filing
by Andrea V. Brambila Jul 18
Eyes on inventory as Q1 earnings ramp up following a chilling 2022
Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next
by Jim Dalrymple II May 3
Meet the boomerang agents returning to their old brokerages
As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold
by Jim Dalrymple II Apr 25