SOTM 18: eXp Realty Loses Its Third Executive in Just Six Months

May 8, 2019

It’s been a tough few weeks for eXp Realty. Late last month, a complaint citing dozens of violations in California raised some serious questions regarding the company’s supervision. And now, eXp Realty must find a new chief technology officer due to the departure of Scott Petronis – the third executive to leave the company in just six months. On today’s podcast, we discuss what’s going on at eXp Realty before exploring how decoupled commissions work in other countries, the benefits of transactional transparency, and more.

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Listen to today’s show and learn:

  • eXp Realty loses its third executive in just six months [2:30]
  • Why promoting from within can be a problem [5:20]
  • eXp Realty accused of dozens of violations in California [9:19]
  • NAR’s response to the lawsuit [13:25]
  • What decoupled commissions look like in other countries [19:41]
  • How transparency benefits consumers [23:28]
  • A case of MLS manipulation turned extortion [28:34]
  • Purplebricks leaves Australia [36:33]
  • How to break through your goals.
  • Plus so much more.

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