eXp Realty news and press releases
Company announcements, direct sales updates and archived press coverage for eXp Realty.
eXp Realty news archive
eXp World Holdings CFO Jeff Whiteside to Resign; Company Named in Second Commission Class Action
eXp World Holdings, Inc., parent of eXp Realty, disclosed in a Form 8-K filed November 9, 2023 that Jeff Whiteside notified the company on November 4 that he would resign as chief financial officer and chief collaboration officer effective December 1, 2023 to pursue other opportunities. The company...
eXp Realty Parent Third Quarter Revenue Dips 2 Percent to 1.2 Billion; Agent Count Rises 5 Percent
BELLINGHAM, Wash., November 2, 2023 -- eXp World Holdings, Inc., parent of eXp Realty, reported third-quarter 2023 revenue of 1.2 billion dollars, down 2 percent from a year earlier. Gross profit fell 10 percent to 83.6 million dollars and net income was 1.3 million dollars, or 0.01 dollars per...
eXp World Holdings Named in Nationwide Home-Seller Commission Antitrust Class Action
eXp World Holdings, Inc., parent of eXp Realty, was named as a defendant in a proposed nationwide class action filed October 31, 2023 in the U.S. District Court for the Western District of Missouri. Plaintiffs Don Gibson, Lauren Criss and John Meiners sued the National Association of Realtors along...
eXp Realty Parent Posts Second Quarter Revenue of 1.2 Billion; Agents Rise 7 Percent
BELLINGHAM, Wash., Aug. 3, 2023 -- eXp World Holdings, Inc., parent of eXp Realty, reported second-quarter 2023 revenue of 1.233 billion dollars, down 13 percent from a year earlier. Gross profit was 96.5 million dollars. Net income was 9.4 million dollars, or 0.06 dollars per diluted share, and...
eXp Realty Parent Posts First Quarter Revenue of 851 Million; Agents Rise 12 Percent
BELLINGHAM, Wash., May 2, 2023 -- eXp World Holdings, Inc., parent of eXp Realty, reported first-quarter 2023 revenue of 850.6 million dollars, down 16 percent from a year earlier. Gross profit was 73.1 million dollars. Net income was 1.5 million dollars, or 0.01 dollars per diluted share, and...
eXp Realty Parent Posts Full-Year Revenue of 4.6 Billion; Q4 Revenue 933 Million
BELLINGHAM, Wash., February 28, 2023 -- eXp World Holdings, Inc., parent of eXp Realty, reported full-year 2022 revenue of 4.6 billion dollars, up 22 percent, and fourth-quarter revenue of 933 million dollars. Full-year net income was 15.4 million dollars, or 0.10 dollars per diluted share; the...
eXp Founder Glenn Sanford Returns as eXp Realty CEO; Jason Gesing Named Chief Industry Relations Officer
BELLINGHAM, Wash., January 3, 2023 -- eXp World Holdings, Inc. said founder, chairman and chief executive Glenn Sanford will return as chief executive officer of eXp Realty in addition to his holding-company responsibilities. Jason Gesing, who had been CEO of eXp Realty, was appointed chief...
eXp Realty Opens Brokerage Operations in Dubai
eXp Realty opened operations in Dubai, its 24th market and the sixth new market launched in 2022. The company has more than 86,000 agents worldwide. Dounia Fadi, a Dubai broker with more than 18 years of experience, will lead the operation. Chief growth officer Michael Valdes said Dubai's...
eXp Realty Names Leo Pareja Chief Strategy Officer
eXp Realty named Leo Pareja chief strategy officer. Pareja joined the company in June 2022 as president of affiliated services, where he launched the Revenos referral division and the eXp Solutions business. Pareja previously co-founded the real estate technology company Remine and served as...
eXp Realty Opens Brokerage Operations in Poland
eXp Realty opened operations in Poland, its 23rd market and the fifth new country launched in 2022 after the Dominican Republic, Greece, New Zealand and Chile. The company has more than 86,000 agents worldwide. Dorota Chomuntowska will lead the Poland operation. Chief growth officer Michael Valdes...