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. Trump’s DOJ outlines stance in new intervention in buyer case After months of silence—and some indications that it was backing off its most aggressive positions—the Department of Justice (DOJ) under President Donald Trump…
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.…
One of the men at the center of sexual assault allegations that purportedly took place at eXp recruiting events is now alleging the company officially separated him not for the misconduct, but for unpaid dues. The company faces a high-stakes jury trial over the allegations next year. At an occasionally contentious hearing on Oct. 17,…
eXp Realty® has announced that the Slocum Home Team, a family-run Rhode Island real estate company with 76 years of history, has joined its global network. Founded in 1949 by George Slocum in Warwick, Rhode Island, the Slocum name has strived to represent trust, service and success in real estate. Spanning three generations, the team…