eXp Realty Launches Industry-First Seller Advisory Form to Champion Seller Choice Accompanied with Seller Truth

Core Insights - eXp Realty is enhancing industry transparency with the launch of an open-sourced Seller Advisory: Risks of Limited Market Exposure form, aimed at prioritizing seller education and interests [1][2][4] Group 1: Company Initiatives - The Seller Advisory form is designed to provide truthful, plain-language disclosures that educate sellers on the financial risks associated with limited market exposure [2][4] - eXp Realty's CEO, Leo Pareja, emphasizes the importance of transparency over tactics, stating that the advisory aims to give sellers a clear understanding of their options [3][5] - The advisory form is freely available to all brokerages, portals, and MLS in the U.S., promoting a culture of transparency across the industry [2][5] Group 2: Market Position - eXp Realty is the largest independent real estate brokerage globally, with nearly 83,000 agents across 25 international locations [6] - The company has recently entered a listing distribution agreement with Zillow, but emphasizes that this agreement is not exclusive and aims to provide equal opportunities to all major portals [3][4] Group 3: Industry Impact - The introduction of the Seller Advisory form is seen as a shift in the real estate conversation from private listing networks to informed decision-making based on full disclosure [5] - This initiative is expected to enhance consumer transparency at scale, potentially influencing how real estate transactions are conducted in the future [4][5]