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Virtual Broker eXp Realty Turns a Profit in the 4th Quarter of 2019, Its First Since Its IPO


    eXp Realty saw revenues during the 4th quarter of 2019 increase by 82%, which helped them, for the first time, turn a profit of $800,000. The company had a net loss of $5.2 million during the same quarter in 2018.

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.