eXp drops nearly 2K agents in fourth quarter as profits fall
The company said its "decision to offboard a significant number of unproductive agents" in Q4 was offset by "excellent" retention of strong producers.
February 22, 2024
The latest on eXp
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- eXp looks to international growth as profits fallCEO Glenn Sanford acknowledged the challenging market, but said eXp has increased market share and added agents even as revenue remains flat.November 3, 2023
- eXp delivers a profitable second quarter — and adds agentsThe company reported a net income of $9.4 million, slightly below expectations, while its agent count grew by 7%.August 3, 2023
- 'Extremely challenging' market contributed to eXp's mixed results in Q1The cloud-based brokerage reported declines in revenue and transactions, but ended the quarter in the black and boosted agent count.May 2, 2023
- eXp has sluggish fourth quarter but posts record annual revenueThe Washington-based real estate giant missed revenue estimates in Q4 but increased agent count to more than 86,000.February 28, 2023
