eXp revenue up as it looks to excel in a down market
Anticipating a slow recovery, company leaders said they’re focused on efficiency and agent productivity. Revenue rose 7% in 2024, but net losses were also up.
February 20, 2025
Brokerage News
The companies, teams and leaders who define the real estate landscape.
- Gary Keller: We’re in a ‘trough,’ but a reset may be comingIn a keynote presentation, the KW co-founder and other leaders discussed what an uncertain economy means for real estate — and what agents need to tell clients.February 18, 2025
- KW’s festive Family Reunion to include a dose of realityWith the real estate industry only midway through a slowdown cycle, the flagship Keller Williams event looks to help agents “get through it” and thrive.February 17, 2025
- Brokerage Beat: News from Elliman, C21, The Agency, Sotheby'sPower NYC agent returns to Douglas Elliman with his team of 19; Century 21 lands woman-owned Georgia indie; The Agency adds NJ office; Sotheby's expands in TN.February 15, 2025
More in Brokerages
- Real Brokerage aims to trade agents’ other debit cards for its ownThe company will roll out more features for its Real Wallet soon, including rewards that can offset brokerage fees, its CTO told Real Estate News.February 14, 2025
- Windermere appoints new diversity leader as it recommits to DEIBrooks Glenn will advance the Seattle-based firm's efforts to build "an inclusive culture that inspires people to stay and thrive." Plus, a promotion at BHGRE.February 13, 2025
- Anywhere CEO: Private listings push is ‘short-sighted’Ryan Schneider reaffirmed Anywhere’s "relax, not repeal" position on Clear Cooperation and reassured investors the company has the tech and people to compete.February 13, 2025
- Redfin to cut 450 roles following Zillow rentals dealThe company, which signed an exclusive listings partnership with Zillow on Feb. 11, will complete the layoffs in July as it restructures its rentals segment.February 12, 2025
- Brokerage Beat: News from Compass, The Agency, C21, moreCompass nabs $10B team; The Agency opens 3rd office in Washington state; C21 gains multiple affiliates; Real grows in Alberta; NextHome adds NC office; more.February 8, 2025
- Gibson plaintiffs clap back at eXp, WeichertThe arguments over reverse auction allegations continued this week, with the plaintiffs saying the brokerages shopped around to “settle on the cheap.”February 7, 2025
- eXp pushes back on ‘sweetheart deal’ allegationsThe brokerage denied using a reverse auction strategy to reach its $34 million settlement, arguing that the amount is comparable to what other firms paid.February 5, 2025
- How Compass' new portal works for buyers, sellers and agentsThe brokerage’s latest tech offering, Compass One, is an end-to-end platform focused on consumers — and private listings.February 4, 2025
- Compass to launch client portal amid private listings pushThe brokerage’s leaders are betting on a future where Clear Cooperation is repealed, aligning tech and marketing strategies around exclusive listings.February 1, 2025
- Brokerage Beat: News from eXp, RE/MAX, KW, @propertieseXp adds top NJ team; 2 Colorado RE/MAX offices merge; Seattle team joins KW; Chicago agent brings team to @properties; Christie's Sereno adds NorCal duo; more.February 1, 2025
- Brokerage Beat: News from eXp, Real, E&V, The Agency, Christie'seXp gains 2 large teams; Real reaches 25K agents; E&V Gestalt Group names Bay Area president; The Agency opens in Miramar Beach; Christie's expands in Yucatan.January 25, 2025
- Private listing tool a response to ‘strong demand’ amid CCP debateFor brokerages looking to capture more off-market listings, Luxury Presence has a new product that aims to help them "succeed in any scenario."January 24, 2025
- KW's Mark Willis trades CEO role for new leadership positionAfter 14 months at the helm, Willis is moving into a new C-level role focused on teaching and developing leaders within the company.January 22, 2025
- Keller Williams, LPT start the year with recruiting winsWhile the firms are operating at very different scales, they're each focused on growth, with KW gaining ground in Toronto and LPT nabbing 11 Livian teams.January 20, 2025
- Brokerage Beat: News from Hanna, Real, CB, C21, United, moreHoward Hanna merger adds 400 agents; Spyglass Realty joins Real; CB and C21 gain top teams in the Northeast; United Partners adds commercial division; more.January 18, 2025
- eXp, Weichert settlements looking more dubiousThe judge in the Gibson/Umpa case filed an order laying out “plausible evidence” that the brokerages used a reverse auction strategy to find the best deal.January 17, 2025
- Compass boosts outlook, expects 2024 revenue to top $5.6BThe brokerage revised its fourth-quarter and full-year earnings forecast upward, also noting that it added more than 650 agents in Q4.January 15, 2025
- Brokerage Beat: Real nabs 3 teams + more brokerage newsReal Brokerage tops 24,000 agents with its latest additions, including a 550-agent California firm; plus news from Exit, The Agency, Elliman, C21 and more.January 11, 2025
- Brokerages in Georgia commissions case ask for settlement approvalWith all deals now disclosed, the parties have requested preliminary approval, but the eXp and Weichert settlements are still under scrutiny in another court.Updated January 10, 2025
- LPT Realty CEO on ‘agent choice,’ scaling to 100KThe upstart brokerage offers both rev share and fee-based plans, which CEO Robert Palmer believes will be key to their growth. So far, it seems to be working.January 9, 2025
