eXp Reports $3.8 Billion In 2021 Revenue
An estimated $1.1 billion came through in the fourth quarter of last year alone
An estimated $1.1 billion came through in the fourth quarter of last year alone
Agents sealed 1.3 million deals last year, up 9.9 percent compared to 2020
Despite a 1,054 percent gain, the iBuyer also saw net losses rise…
Net loss was $27 million, compared to a net income of $14 million in the fourth quarter of 2020
At the same time, the company lost $175 million during the same time period
No surprise to many, but Zillow Offers was responsible for the majority of the company’s losses last year
In additional to record sales numbers, the brokerage also closed a record 32,405 transactions for the year
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