eXp Realty, the fast-growing virtual brokerage, has reported a “record” $266.7 million in revenue in the second quarter of 2019 — a 104 percent year-over-year increase. In its latest earnings report, the firm also reported $2.2 million in net losses, up 16 percent on the previous year. Transaction volume increased by 94 percent, year over year — totalling $10.3 billion. The firm said it did 35,837 deals, up 80 percent. “As agents join eXp Realty […]
source https://therealdeal.com/national/2019/08/08/virtual-brokerage-exps-revenue-jumps-104-in-q2-losses-up-16/#new_tab
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