A federal judge ruled yesterday that eXp must face accusations of fraud related to its actions in the wake of sexual assault allegations against top recruiters, writing that plaintiffs provided significant evidence that the brokerage lied about conducting an investigation into two men accused of drugging and assaulting women at company events. “Plaintiffs allege, in…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. eXp, Weichert get settlement sign-off in copycat lawsuit A federal judge granted final approval to a series of commission-related antitrust settlements involving several real estate brokerages, bringing an end to the cases after…
The mad dash for premarket power is showing no signs of slowing, as mega-brokerage eXp announced that it is striking a listing partnership with Realtor.com®, Homes.com and ComeHome.com (HouseCanary’s portal in Google Search), just 24 hours after Zillow launched a similar partnership with five other big national companies. Starting next month, eXp agents will be…
Above (L-R): Jackie Louh, Lisa Sturtevant, Bess Freedman, Christina Pappas, Carrie Little, Michele Harrington and DeAnne Golden (upper row). Anam Hargey, Wendy Forsythe, Marisela Harper, Athena Peterson and Brenda Maher (lower row). During RISMedia’s 5th Annual Rocking in the New Year event on Jan. 8, a cohort of female leaders from across the industry shared…
Virtual megabrokerage eXp, which has long sought to be ahead of the curve on technology in real estate, is seemingly all-in on AI, as executives also touted an ongoing effort to build out and consolidate the company’s platform. Reporting essentially flat agent and broker count at just under 83,000, and a 4% increase in revenue…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Partial settlement reached in Roberts v. eXp Realty case Plaintiffs Anya Roberts, Fabiola Acevedo, Christy Lundy, Tami Sims and Megan Farrell-Nelson and defendant Brent Gove have reached a confidential settlement “fully and finally…
In the late stages of a lawsuit against eXp alleging the brokerage allowed and covered up sexual assaults at company events, eXp is seeking to have a new charge of fraud dismissed. In a third amended complaint filed late October, plaintiffs claimed that eXp executives lied both privately and publicly about investigating allegations of multiple…
eXp Realty® announced that CEO Leo Pareja has been named to The 2025 MarketWatch 25, the outlet’s annual list celebrating influential leaders driving innovation and progress across industries. MarketWatch recognized Pareja for his leadership in redefining modern real estate through transparency, accessibility and empowerment according to a release. Since being appointed CEO in 2024, eXp…
eXp remains focused on the growth of its agent quality and international expansion as it positions itself for continued success, according to the company’s latest earnings report. The company saw a Q3 net income of $3.5 million and a revenue of $1.3 billion—the same amount seen in Q2 and up from $1.2 billion last year.…
eXp Realty® has announced the official launch of eXp Sports & Entertainment, a new division within eXp Luxury that the company says is designed to define the standard for and elevate real estate service for high-profile clientele. The announcement was made at eXpcon Miami, the brand’s real estate conference. The new division equips certain agents…
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