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Headcount at the world’s largest real estate brokerage is shrinking, and two lawsuits claiming sexual assaults inside the company may offer clues as to why 

Fortune LogoFortune1d ago

Headcount at the world’s largest real estate brokerage is shrinking, and two lawsuits claiming sexual assaults inside the company may offer clues as to why  - Fortune

Quick Summary:

Critics call eXp Realty a multi-level marketing operation but the brokerage says otherwise.

He once tried to launch an Uber Eats-like food delivery service years before the market was ready for it, according to the company website.eXp under Sanford purchased Success Enterprises, and its magazine, because real estate and personal development go hand in hand, the acquisition announcement suggested.

The two lawsuits describe eXp’s compensation structure—where agents get paid for bringing in more agents, and get a cut of their earnings—as a “multi-level marketing real estate company” and a “multi-level marketing revenue share plan pyramid.

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Headcount at the world’s largest real estate brokerage is shrinking, and two lawsuits claiming sexual assaults inside the company may offer clues as to why  - Fortune (Picture 1)

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Article Details

Author / Journalist: Alena Botros

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 09:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 2935 words

Reading Time: 17 minutes read

Sentences: 4 lines

Sentence Length: 734 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27614838

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 18 posts per day

Year Established: 1929

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News Last Updated: 9 hours ago

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Publisher ID: #95

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