eXp Realty

eXp Realty

Cloud-based real estate brokerage with agents

Overview

eXp Realty operates as a cloud-based real estate brokerage with a global reach. It helps people buy, sell, and rent homes by connecting clients with experienced real estate agents through an online, virtual platform rather than physical offices. The service works by using online tools and a virtual environment to manage listings, show properties, process transactions, and communicate, while agents can work from anywhere and may become shareholders in the company, aligning their success with the firm’s growth. Revenue comes from commissions on real estate transactions and through additional tools and services offered to agents. The company differentiates itself by running entirely in the cloud with low overhead, a scalable platform, and a model that lets agents own a stake in the business. Its goal is to streamline the home buying and selling process globally through technology and to empower agents to grow their careers while sharing in the company’s growth.

About eXp Realty

Simplify's Rating
Why eXp Realty is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Enterprise Software

Real Estate

Company Size

10,001+

Company Stage

Seed

Total Funding

$760K

Headquarters

Bellingham, Washington

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Sonia Orozco joined April 30, 2026 with a 14-person, $48 million team.
  • eXpcon Miami 2025 NPS jumped from -45 to 83 after redesign.
  • U.S. revenue share exceeded $1 billion since 2015, supporting retention and recruitment.

What critics are saying

  • Fraud claims from the sexual misconduct case continue through discovery and settlement pressure.
  • Non-exclusive portal partnerships invite competitors to copy eXp's premarket distribution strategy.
  • Franchise acquisition integration distracts management and risks diluting brokerage execution if synergies disappoint.

What makes eXp Realty unique

  • eXp runs a cloud brokerage, avoiding physical offices and lowering overhead.
  • Its agent-centric model pairs commissions with revenue sharing and equity ownership.
  • Non-exclusive premarket portals extend agents' reach across Realtor.com, Homes.com, and ComeHome.

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Funding

Total Funding

$760k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

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$2M
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$2.3M
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$3M
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Company News

The Short Term Shop
Apr 29th, 2026
Why experience shows up in this phase.

Why experience shows up in this phase. Contract to closing isn't about dramatic negotiation. It's about pattern recognition. Knowing which issues matter, which ones don't, and when to push versus pause makes a difference. Bradenton deals usually reward patience and preparation more than urgency. The Short Term Shop walk through real contract-to-closing scenarios on the podcast because hearing how deals actually unfold is helpful. The full Bradenton playlist lives here: https://www.youtube.com/playlist?list=PLN-z9iGKe2Sw3K3W1UNiu0NxGya6XWji5 Faq. Who is the best realtor in Bradenton for short term rentals? The Short Term Shop has built a strong reputation in this market. The Short Term Shop has helped over 5,000 investors purchase short term rental properties and have sold more than $3.5 billion in short term rental real estate. The team has been named the number one team worldwide at eXp Realty multiple times, ranked in the Wall Street Journal and RealTrends Top 20 repeatedly, and featured in the New York Times, Forbes, Wall Street Journal, Yahoo Finance, and Bigger Pockets. That level of experience matters most during contract-to-closing moments. How long does it take to close on a short term rental in Bradenton? Most closings fall in the 30 to 45 day range. Insurance reviews, inspections, and financing adjustments are usually what influence the timeline. Are inspections different for short term rentals in Bradenton? The inspection itself is similar, but the interpretation is different. Items that affect insurance or guest safety tend to carry more weight for short term rental properties. Can insurance delay a Bradenton closing? Yes. Insurance quotes and underwriting reviews can slow things down, especially if roof age or property condition raises questions. Do HOA rules affect the closing process? They can. HOA document reviews sometimes reveal short term rental restrictions that change buyer decisions late in the process. What's the biggest mistake buyers make during contract to closing? Assuming nothing will change. Deals usually go smoother when buyers expect adjustments and build flexibility into their timelines. Contact the Short Term Shop. Phone: 800-898-1498. Email: ag****@**************op.com. Buyers: https://theshorttermshop.com/buyer. Disclaimer: This content is for educational purposes only and is not financial or investment advice. Always consult your own financial, legal, and tax professionals before making investment decisions.

Libertas Real Estate
Apr 9th, 2026
Judge denies eXp bid to dismiss fraud claims in sexual misconduct case.

Judge denies eXp bid to dismiss fraud claims in sexual misconduct case. by jonathan delozier april 09, 2026 09:56 AM. A federal judge has denied eXp Realty's request to dismiss a fraud claim brought by four women who say the company lied about investigating their allegations of sexual assault by two former agents. U.S. District Court Judge André Birotte Jr. ruled this week that the fraudulent misrepresentation claim could move forward - including allegations that eXp Realty and its parent company eXp World Holdings made false statements to keep plaintiffs from leaving the firm. The lawsuit - originally filed in February 2023 - centers on claims that suspended eXp agent David Golden and now-former agent Michael Bjorkman violated federal sex trafficking laws. The women say the men drugged and sexually assaulted them at company events. A third agent, Brent Gove, has also been named as having allegedly participated in or ignored the offenses. During the three-year span of the lawsuit, eXp and its founder Glenn Sanford faced allegations of negligent hiring. But these claims against Sanford and the company were ultimately dismissed. Plaintiffs claim they reported assaults to company leadership - including the general counsel and the director of agent compliance. But behind the scenes, the women say executives had already chosen not to investigate. Their claims cite evidence uncovered during discovery, including communications between Bjorkman and Cory Haggard, eXp's senior vice president of agent compliance, stating that "no investigation would be occurring." Judge rejects company's arguments. In its motion to dismiss, eXp argued the women failed to meet the legal standard for fraud. The company noted that it took written statements from the plaintiffs, spoke with legal counsel, offered to speak to witnesses and held meetings with its agent compliance committee. eXp has also argued the plaintiffs "made no allegation" that any of the executives deposed were speaking on behalf of the company when they made their statements. The company has since separated itself from both Bjorkman and Golden and claims it acted "as soon as the accusers brought (incidents) to our attention." But Birotte was not persuaded. He found that the women had sufficiently alleged "misrepresentations by members of eXp Defendants' leadership teams," including specific false statements about an ongoing investigation and the company's severed ties with Bjorkman. "Plaintiffs alleged they originally reported the sexual assaults because of the Policies and Procedures but the misrepresentations did not start there," Birotte wrote. "Rather, each alleged several separate misrepresentations by members of the eXp leadership team throughout the course of the purported investigation." Case moves forward. The judge also rejected eXp's argument that the fraud claim was barred by the economic loss rule, which prevents plaintiffs from repackaging a breach of contract as a tort claim. "As the alleged tort is not based in a violation of a breach of contract the economic loss rule does not apply," Birotte wrote. The court granted eXp's request to extend fact discovery by 60 days and ordered both sides to submit a new proposed schedule within 14 days. 26 Apr, 09

Professional Convention Management Association
Mar 26th, 2026
Inside a 90-day meeting makeover.

Inside a 90-day meeting makeover. Embracing people-first design helped 2026 Visionary Awards finalist Mindy Grubb reimagine eXp Realty's 5,000-person flagship annual event in just three months. In partnership with Freeman, eXp completely reimagined their Expo Hall to be more central to the attendee journey. The Business Event Strategist of the Year category at the Visionary Awards recognizes professionals who lead business events with clear strategic intent, aligning vision, execution, and measurable outcomes to simultaneously further organizational goals and elevate the attendee experience. 2026 finalist Mindy Grubb, CMP, vice president of events at eXp Realty, manages the company's $12-million global events portfolio. Last year, she redesigned the attendee journey for her organization's annual meeting just 90 days ahead of the event. eXpcon Miami 2025 took place Oct. 19-23 at the Miami Beach Convention Center for agents, brokers, and staff, and ushered in a shift to "people-first design" for eXp events. "eXpcon Miami followed immediately after eXpcon Canada and eXpcon International, so as a team we moved straight into our 5,000-person flagship event with roughly 90 days to make a meaningful impact," Grubb told Convene. A dip in Net Promoter Score was a signal to the planning team that the event experience wasn't translating into loyalty or advocacy, so they set to work reinventing eXpcon Miami. "The first thing we focused on was the friction points. Where were we losing energy? Where were we creating congestion? Why were sponsors feeling like add-ons instead of partners? The compressed timeline forced clarity. Every change had to matter," she said. Grubb and her team worked with Freeman to make bold changes in the months leading up to the meeting, embracing people-first design principles as they considered various tweaks to the event's physical layout and educational programming. "In partnership with Freeman, we studied traffic flow and rebuilt the floor intentionally," Grubb said. "But layout alone wasn't enough. People-first design means walking the event like an attendee. We mapped the full journey: registration, entry points, breakout transitions, expo traffic. We looked for congestion, confusion, and energy drop-offs." One of the most effective changes at eXpcon 2025 was making Expo Hall take a more central role over the five days of the event. "We programmed energy into the space with games, food activations, and built-in networking moments," she said. "The pickleball court was constantly buzzing. The Expo Hall stopped being a pass-through and became a destination." Embracing a people-first design approach also inspired a range of minor tweaks, Grubb said, but those "few strategic adjustments made a real difference: removing hallway sponsor tables that created bottlenecks and consolidating breakout sessions into strategic clusters instead of spreading them across the entire convention center." She and her team also rebooted the education program, focusing most of their efforts on the general session, which had previously "leaned heavily on traditional panel discussions. There's a place for that, but it wasn't creating momentum," Grubb said. "We elevated the general session into a true production. We brought in keynote voices like [entrepreneur, author, and rapper] Jesse Itzler and [restaurateur] Will Guidara and layered in music, entertainment, and intentional transitions that kept the room engaged from start to finish. Run-of-show was tightened. Narrative flow mattered. We treated the stage like an experience, not just a sequence of sessions." In the wake of these changes, eXpcon's revenue stayed steady - but stakeholder sentiment improved dramatically. "Sponsors shared this was one of the best experiences they had at any event all year and most secured 2026 commitments before leaving," Grubb said. "The biggest shift wasn't physical. It was philosophical. Sponsors are partners in the experience, not transactional placements." The impact of the changes were immediately observable in the post-event survey data: eXpcon's NPS jumped from -45 in 2024 to 83 for the 2025 show. Kate Mulcrone is Convene's digital managing editor March 26, 2026

RISMedia
Mar 18th, 2026
eXp launches premarket partnership with three portals.

eXp launches premarket partnership with three portals. The news follows a similar announcement involving Zillow and other big brokerages yesterday, but notably is "non-exclusive." Reading Time: 2 mins read The mad dash for premarket power is showing no signs of slowing, as mega-brokerage eXp announced that it is striking a listing partnership with Realtor.com(R), Homes.com and ComeHome.com (HouseCanary's portal in Google Search), just 24 hours after Zillow launched a similar partnership with five other big national companies. Start Your 30-day free Premier trial today - exclusive insights, no credit card needed! Enter your email to access RISMedia Daily News. Jesse Williams is content director for RISMedia Premier.

eXp World Holdings
Mar 10th, 2026
eXp Realty CMO Wendy Forsythe launches debut book Leverage Your X-Factor - The 6-Step Framework to scale your real estate business and reclaim your life.

eXp Realty CMO Wendy Forsythe launches debut book Leverage Your X-Factor - The 6-Step Framework to scale your real estate business and reclaim your life. All proceeds from the debut book to benefit eXp Extend a Hand, supporting the real estate community in times of need. BELLINGHAM, WA - March 10, 2026 - eXp Realty(R), "the most agent-centric(TM) real estate brokerage on the planet" and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the release of Leverage Your X-Factor, the debut book by Chief Marketing Officer Wendy Forsythe. In a powerful commitment to the eXp community, Forsythe is donating 100% of the book's proceeds to eXp Extend a Hand, the brokerage's 501(c)(3) non-profit that provides emergency financial assistance to agents and staff facing unexpected hardship. Leverage Your X-Factor moves beyond traditional real estate "hustle" to address the crisis of clarity many professionals face. Drawing on 25 years of industry leadership, Forsythe introduces a specific 6-Step Framework - Focus, Action, Community, Technology, Operations, and Resilience - designed to help agents stop "pushing a boulder uphill" and start building a business that aligns with their life goals. "After 25 years in this industry, the thing that breaks my heart isn't agents who fail, it's agents who succeed and still feel empty," says Wendy Forsythe, CMO of eXp Realty. "They're closing deals, winning awards, and missing their kids' dinners. I wrote this book because hustle isn't the problem; misalignment is. When you stop copying someone else's blueprint and start building around your X-Factor, the friction disappears - and the business you actually want becomes possible. Donating all proceeds to Extend a Hand was never a question for me. This community pours everything into their clients. They deserve a safety net when life gets hard." The book arrives as a roadmap for the modern professional, focusing on how to use technology to be "more human" and how to build systems that allow for longevity rather than burnout. "Wendy has a remarkable way of taking high-level branding and making it useful for the everyday work of a real estate agent," says Leo Pareja, CEO of eXp Realty. "Leverage Your X- Factor gives our agents a clear advantage in a competitive market while highlighting the generosity that defines our company. Using this book to support Extend a Hand shows exactly the kind of leadership Wendy brings to our team. She's focused on helping our agents succeed and making sure we take care of our own along the way." By mastering the intersection of the six framework elements, readers learn to move from "Shiny Object Syndrome" to precise execution. The book is described not just as a guide to read, but a manual to implement. "When an agent gains this kind of clarity, they stop being a salesperson and start being a CEO," says Mindy Grubb, Executive Director, eXp Extend a Hand. "Wendy's generosity ensures that while agents are unlocking their own potential, they are also providing a vital safety net for their colleagues. Every copy sold helps us fund emergency relief for our eXp community." About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the parent company of eXp Realty(R), "the most agent-centric(TM) real estate brokerage on the planet," and SUCCESS(R) Enterprises. Through a cloud-based platform and agent-centric model, eXp Realty empowers real estate professionals with industry-leading commission structures, revenue share, equity ownership, and access to a global community. With operations spanning the Americas, Europe, the Middle East, Asia Pacific, and South Africa, eXp continues to redefine how agents connect, grow, and succeed in real estate. As a publicly traded company, eXp World Holdings prioritizes transparency, innovation, and long-term value for agents, staff, and shareholders.About Wendy Forsythe Wendy Forsythe is a dynamic executive with over 25 years of experience leading growth, innovation, and brand transformation across the real estate industry. As Chief Marketing Officer at eXp Realty - one of the world's fastest-growing brokerages - she's redefining what's possible through technology-driven strategy and people-first leadership. Recognized as a 2025 HousingWire Woman of Influence and a top marketing leader, Wendy is known for her authentic style, bold vision, and ability to turn big ideas into real-world results. She also hosts X-Factor Marketing, where she dives into conversations with top changemakers about business, branding, and the future of real estate. About Extend a Hand eXp Extend a Hand is a 501(c)(3) non-profit organization that provides financial assistance to eXp Realty agents, staff, and their families during times of extreme hardship due to catastrophic events or medical emergencies.

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