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Betting the firm: Inside the changing business of residential brokerage
When Mark Zuckerberg announced Facebook’s metaverse pivot last fall, he laid out the vision for a not-too-distant future of...
eXp Realty
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Resi brokerages’ big quarter: Record revenue, new CEOs and major acquisitions
The second quarter was a strong one for a number of brokerages. Records were broken, acquisitions were finalized and...
Virtual broker eXp Realty has another record quarter
eXp Realty started 2021 off real strong. Revenue at the virtual brokerage increased 115 percent to $583.8 million in...
Issue
The Closing: Glenn Sanford
Glenn Sanford built a multibillion-dollar residential brokerage in his own, untethered image. Sanford, a former top producer at Keller Williams, founded eXp Realty in 2009 with the ambition to build the first fully virtual...
Compass, eXp rise in Real Trends’ annual brokerage rankings
Compass was an unstoppable force in 2020, raking in high sales numbers in New York City and beyond, but...
eXp rides housing boom with $31M in profits
UPDATED, March 11, 2021, 6:58 p.m.: As traditional brokerage firms scrambled to go virtual last spring, eXp Realty didn’t miss a beat. The cloud-based brokerage maintained “continuous operations,” said CEO Glenn Sanford. The result...
Virtual brokerage eXp notches most profitable quarter ever
eXp Realty’s profits soared during the third quarter thanks to the booming housing market and the firm’s virtual operations....
Virtual broker eXp sees record profits in Q2
Virtual brokerage eXp Realty’s profits surged to a record $8.3 million during the second quarter as homebuying was forced...
Virtual brokerage eXp slashes 15% of staff
eXp Realty’s remote-work model may have spared it some of the transition pains suffered by traditional brokerages in the age of social distancing, but the virtual brokerage is hardly immune to the effects of...
Virtual brokerage eXp sees first profitable quarter
It’s a good time to be a virtual brokerage — and that’s not just because of coronavirus. Virtual brokerage...
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