eXp Realty promotes Leo Pareja to CEO
The brokerage giant announced that its chief strategy officer will assume the CEO role, taking over from founder and eXp World Holdings CEO Glenn Sanford.
April 5, 2024
AJ LaTrace
AJ has covered real estate for the last decade as a reporter and editor for publications including Vox Media's Curbed, Chicago magazine and Business Insider. At Business Insider, AJ led the brand's coverage of how everyday people invest in real estate as a means of gaining financial independence, and he reported on big-picture trends and pain points in the broader U.S. real estate market. AJ is based in Chicago, where he also moonlights as a small-time landlord.
Page 17 of 27
- Understanding online lead generation in the age of AIA new study from T3 Sixty and PrimeStreet surveyed brokerages on their lead-gen practices and use of online and AI tools. The latter has produced mixed results.April 4, 2024
- Compass acquires longtime New Orleans independent Latter & BlumThe acquisition of the century-old firm and its 3,100 agents could give Compass an edge in the NOLA and greater Gulf Coast market.April 3, 2024
- Northeast and Midwest markets are still sizzling hotThe regions continue to see significant price growth and elevated buyer activity, but national price growth is expected to slow this year as supply increases.April 2, 2024
- Buyer agreements work, sellers still willing to pay: Baird & WarnerLaura Ellis, chief strategy officer at the Chicago firm, says part-timers may not make it in the post-settlement world, but serious agents will excel.April 2, 2024
- Opendoor: We’re ‘built for’ post-settlement worldIn a blog post, CEO Carrie Wheeler said the NAR deal and rule changes would be a boon for the company: “We’ve never been so optimistic about the future.”March 29, 2024
- Pacaso adds third-party listings, DIY co-ownership optionThe fractional ownership platform, co-founded by former Zillow CEO Spencer Rascoff, said its latest move “opens up thousands of new listings nationwide.”March 28, 2024
- Industry seeking clarity — and change — in FHA and VA lendingNAR this week sent letters asking government lending agencies to allow buyers to finance agent compensation. Thursday, it started getting answers.March 28, 2024
- It's cheaper to rent than buy in nearly every big cityA new report from Realtor.com looks at the cost gap between renting and owning and finds that many markets are now significantly more favorable to renters.March 26, 2024
- NAR settlement could ‘force innovation,’ and other reactionsNAR's president and other industry leaders continue to share thoughts, concerns and encouragement in the wake of the association's landmark settlement.March 22, 2024
- Compass agrees to $57.5 million settlement in commissions suitsThe first of 90-plus brokerages not included in the NAR settlement reaches a deal that includes changes to its business practices as well as a monetary payout.March 22, 2024
- Emerging agent association sees opportunity following NAR dealNAR’s settlement — and the emotions surrounding it — could lead more agents to consider trading in their membership for something new.March 22, 2024
- Redfin brings new agent pay model to 7 more marketsRedfin Next, which offers “competitive splits” while continuing to provide agents with employee benefits, has expanded to major markets across the U.S.March 21, 2024
- NAR seeks to clarify commissions settlement detailsIn a call with media, NAR reps sought to dispel confusion and misinformation coming out of the March 15 settlement announcement.Updated April 12, 2024
- eXp ‘expecting a whole lot of creativity’ in wake of NAR dealDuring a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.March 18, 2024
- Strong reactions to NAR commissions dealOpinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.Updated March 19, 2024
- What agents need to know about commission rule changesAs a part of its proposed settlement, NAR agreed to significant policy changes that will impact how all agents do business — and how buyer agents get paid.March 15, 2024
- NAR reaches $418 million deal to settle commissions lawsuitsThe settlement, which still requires court approval, adds a new rule prohibiting offers of broker compensation on the MLS.March 15, 2024
- Agent optimism up as new listings surgeA national survey of 1,900 real estate agents found that most are anticipating a good market in the coming six months.March 14, 2024
- eXp paid out more than $230M in rev share and stock last yearIn a new compensation report, eXp said it paid agents and brokers nearly $198 million in revenue share and $34.7 million in EXPI shares.March 13, 2024
