eXp Realty Sets New Standard for Consumer Advocacy
eXpeXp(US:EXPI) Globenewswire·2025-11-25 17:00

Core Insights - eXp Realty is taking proactive steps to enhance transparency and consumer protection in the real estate industry by implementing new disclosure standards and a "Consumer Choice" framework effective December 1, 2025 [1][2]. Company Initiatives - The new "Consumer Choice" framework will ensure clients have full transparency regarding their rights and the financial aspects of their transactions, positioning eXp Realty as a leader in consumer advocacy [2][3]. - eXp Realty is committed to empowering its agents with upgraded tools to demonstrate their fiduciary commitment, thereby differentiating themselves through honesty and clarity [3][4]. Industry Context - The real estate landscape is undergoing significant changes, including major acquisitions by mortgage lenders and increased vertical integration, making transparency essential for maintaining public trust [2]. - eXp Realty's initiative comes amid ongoing industry debates about disclosure requirements, highlighting the company's proactive approach to consumer protection [2][3]. Consumer Rights - The "Consumer Choice in Your Real Estate Transaction" form will explicitly outline consumers' rights to choose their ancillary providers, enhancing clarity in the transaction process [8]. - The company is expanding its existing practices of disclosing referral fees to provide greater transparency for consumers [8]. Company Overview - eXp World Holdings, Inc. is the parent company of eXp Realty, which is the largest independent real estate brokerage globally, with over 83,000 agents across 28 countries [5]. - eXp Realty operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, and equity ownership opportunities [5].