eXp Realty news and press releases
Company announcements, direct sales updates and archived press coverage for eXp Realty.
eXp Realty news archive
eXp Names Jesse Hill Interim CFO After Chief Accounting Officer Kent Cheng Resigns
eXp World Holdings, parent of eXp Realty, said on March 17, 2025, that it appointed Jesse Hill as interim chief financial officer and principal financial officer effective April 1, 2025. Hill, 37, has served as vice president of international finance and corporate financial planning and analysis at...
eXp Fourth Quarter Revenue Rises to 1.1 Billion; Agent Count Falls 5 Percent
BELLINGHAM, Wash., February 20, 2025 -- eXp World Holdings, parent of eXp Realty, reported fourth-quarter 2024 revenue of 1.1 billion dollars and a net loss of 9.5 million dollars, or 0.06 dollars per diluted share, including a 4.9 million dollar impairment charge on its SUCCESS Enterprises unit....
eXp Third Quarter Revenue Rises 2 Percent to 1.2 Billion; Posts Loss on Antitrust Provision
BELLINGHAM, Wash., November 7, 2024 -- eXp World Holdings reported third-quarter 2024 revenue of 1.2 billion dollars, up 2 percent from a year earlier. Net loss from continuing operations was 6.5 million dollars, or 0.04 dollars per diluted share, after an 18.0 million dollar litigation contingency...
eXp Agrees to Pay 34 Million to Settle Nationwide Real Estate Antitrust Lawsuits
eXp World Holdings said it signed a settlement term sheet on October 1, 2024, to resolve on a nationwide basis pending commission-related antitrust class actions, including 1925 Hooper LLC v. The National Association of Realtors and related suits in multiple federal courts. Under the deal, eXp...
eXp Second Quarter Revenue Rises 5 Percent to 1.3 Billion as Agent Count Slips to 87,111
BELLINGHAM, Wash., July 31, 2024 -- eXp World Holdings, parent of eXp Realty, reported second-quarter 2024 revenue of 1.295 billion dollars, up 5 percent from a year earlier. Net income from continuing operations was 11.8 million dollars, or 0.08 dollars per diluted share, and adjusted EBITDA rose...
eXp First Quarter Revenue Rises 11 Percent but Posts Loss After 16 Million Antitrust Provision
BELLINGHAM, Wash., May 1, 2024 -- eXp World Holdings reported first-quarter 2024 revenue of 943 million dollars, up 11 percent from a year earlier, while posting a net loss of 15.6 million dollars, or 0.10 dollars per diluted share, after recording a 16 million dollar antitrust litigation...
eXp Realty Names Leo Pareja CEO as Founder Glenn Sanford Focuses on Holding Company
BELLINGHAM, Wash., April 5, 2024 -- eXp Realty named Leo Pareja chief executive officer of the brokerage, effective immediately, succeeding founder Glenn Sanford, who will devote his full attention to serving as founder, chairman and chief executive of parent eXp World Holdings. Pareja previously...
Plaintiffs File Second Amended Complaint in eXp Realty Sex-Trafficking and Cover-Up Case
Plaintiffs in Acevedo v. eXp Realty filed a second amended complaint on February 28, 2024 in the U.S. District Court for the Central District of California, expanding allegations that eXp Realty, eXp World Holdings and founder Glenn Sanford put recruiting profits ahead of agent safety. The amended...
eXp Posts 983 Million Fourth Quarter Revenue but 21.2 Million Loss After Virbela Impairment
BELLINGHAM, Wash., February 22, 2024 -- eXp World Holdings, parent of eXp Realty, reported fourth-quarter 2023 revenue of 983 million dollars, up 5 percent from a year earlier, but a net loss of 21.2 million dollars that included a 9.2 million dollar impairment of goodwill and intangible assets...
eXp Director Jason Gesing to Leave Board; Company Named in California Commission Suit
eXp World Holdings, Inc., parent of eXp Realty, disclosed in a Form 8-K filed December 15, 2023 that director Jason Gesing notified the board on December 11 that he intends to resign from the board effective January 10, 2024, or earlier if a replacement is appointed. Gesing, a former chief...