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eXp Realty faces agent decline amid MLM accusations and lawsuits

eXp Realty, once a rapidly growing real estate brokerage, is facing a decline in its agent headcount, a trend attributed by some to its revenue-sharing model, which critics argue resembles a multi-level marketing scheme. This model, which rewards agents for recruiting new members, is under scrutiny following two lawsuits alleging sexual misconduct within the company and claims that leadership was aware of and failed to adequately address these issues. The company denies it operates as a multi-level marketing scheme and asserts that it takes allegations of misconduct seriously. AI

RANK_REASON The article discusses accusations and lawsuits against a company, rather than a new release or core research.

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eXp Realty faces agent decline amid MLM accusations and lawsuits

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Alena Botros ·

    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

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