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.
A "culture of fear and retaliation" has damaged eXp World Holdings' image, goodwill and monetary performance amid several sexual assault lawsuits, two shareholders claim in a suit filed Wednesday.
EXp World Holdings revenue grew 5 percent year over year to $1.295 billion during the second quarter of the year. The brokerage's agent count continued to drop but at a slower rate than previous quarters.
Former USANA Health exec Donald Cherry will now lead eXp Realty's sustainability efforts. Cherry is the fifth high-level hire or promotion eXp has made this year.
After a judge previously dismissed Sanford and eXp from the case, the woman behind the suit is seeking to more clearly connect them to the misdeeds of now-former agents.
When an eXp agent dies, their heirs will get automatic access to their "outstanding, unvested equity awards," eXp World Holdings founder and CEO Glenn Sanford announced on Wednesday.
A judge dismissed eXp Realty and founder Glenn Sanford from a sexual assault lawsuit that claimed both entities ignored the alleged actions of two star agents — David Golden and Michael Bjorkman — for financial gain.
The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780.
Michael Bjorkman wants more than $20 million. He says founder Glenn Sanford defamed him when discussing 'bad actors' and jail time on an earnings call.
A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage's industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa.
The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage.
Four months after taking the helm at coaching firm Chirag Shah Coaching, Wendy Forsythe has re-entered the brokerage world as the chief marketing officer for eXp Realty. As CMO, Forsythe will spearhead eXp's marketing strategy, which includes brand management, advertising, digital marketing and public relations.