eXp Realty news and press releases
Company announcements, direct sales updates and archived press coverage for eXp Realty.
eXp Realty news archive
eXp Realty Faces Two New Lawsuits Alleging Retaliation Against Women Who Reported Sexual Misconduct
eXp Realty is facing two more lawsuits from women who claim the company retaliated against them for reporting drug use, sexual assault and other misconduct connected to company events. The suits add to litigation that began in 2023 when a group of women sued in California over alleged abuse by top...
eXp Second Quarter Revenue Rises 1 Percent to 1.3 Billion as Agent Count Falls 5 Percent; Sanford Shifts Focus to SUCCESS
BELLINGHAM, Wash. -- July 31, 2025 eXp World Holdings reported second-quarter 2025 revenue of 1.3 billion dollars, up 1 percent from a year earlier, and a net loss of 2.3 million dollars, or 0.01 dollars per share. Adjusted EBITDA was 11.2 million dollars. Adjusted operating costs, excluding agent...
eXp Realty Launches in Japan, Its Fourth New Country of 2025
BELLINGHAM, Wash. -- July 25, 2025 eXp Realty said it has launched operations in Japan, its fourth international market entry of 2025 after Peru, Turkiye and Ecuador. The brokerage said its network now includes nearly 81,000 agents across 28 countries. Ken Tanaka, a veteran of Japan's real estate...
eXp World Holdings Names Interim Finance Chief Jesse Hill Permanent CFO
BELLINGHAM, WA - July 2, 2025 eXp World Holdings, the parent of eXp Realty, said it has appointed Jesse Hill as chief financial officer, effective immediately. Hill had served as interim chief financial officer and principal financial officer since April 2025 and will also serve as the company's...
Court Grants Preliminary Approval to eXp's Nationwide Commission Lawsuit Settlement
eXp World Holdings, parent of eXp Realty, disclosed in a regulatory filing that the U.S. District Court for the Northern District of Georgia on May 23, 2025, granted preliminary approval of the nationwide class settlement the company reached on December 9, 2024, resolving antitrust claims over real...
Former eXp Agent Sues Brokerage Over Alleged Assault After Shareholder Summit Party
North Carolina-based eXp agent Kristen Childress filed a lawsuit on May 19, 2025, in U.S. District Court in Orlando against eXp Realty and parent eXp World Holdings, alleging she was raped by a photographer after attending a vendor-hosted open bar networking party held in conjunction with the eXp...
eXp Realty Launches in Ecuador With Former Top RE/MAX Team Leader Klever Guanoluisa Torres
BELLINGHAM, Wash., May 16, 2025 -- eXp Realty said it has launched operations in Ecuador, bringing its global footprint to 27 countries and extending a run of Latin American expansion that included Peru earlier in the year. The Ecuador business will be led by Klever Guanoluisa Torres, who...
eXp First Quarter Revenue Rises 1 Percent to 954.9 Million; Agent Count Falls 5 Percent
BELLINGHAM, Wash., May 6, 2025 -- eXp World Holdings, parent of eXp Realty, reported first-quarter 2025 revenue of 954.9 million dollars, up 1 percent from a year earlier. The company posted a net loss of 11.0 million dollars, or 0.07 dollars per share, and adjusted EBITDA of 2.2 million dollars....
eXp Realty Launches in Turkiye, Its 26th International Market
BELLINGHAM, Wash., April 17, 2025 -- eXp Realty said it has launched operations in Turkiye, its 26th international market and its second country launch in less than a month, following its entry into Peru in March. The brokerage named Yigit Portakal as country leader for Turkiye. Agents there will...
eXp Realty Launches in Peru, Its 25th International Market
BELLINGHAM, Wash., March 21, 2025 -- eXp Realty, a subsidiary of eXp World Holdings, said it launched operations in Peru, its 25th international market, giving Peruvian real estate agents access to its cloud-based brokerage model. The company said agents in Peru will be offered its commission...