05/06/2026
In this session, eXp Realty CEO Leo Pareja and SVP of Brokerage Operations Holly Mabery discuss the company's commitment to consumer transparency and the introduction of new disclosure forms. As the real estate industry sees increased vertical integration and consolidation, eXp aims to ensure consumers fully understand their choices and the compensation involved in their transactions.
Key Takeaways:
Broker-to-Broker Referral Disclosure: eXp has introduced a new, simple form to disclose when a referral fee is being paid to an outside brokerage. This is now embedded into eXp's listing and buyer agency agreements or available as a standalone document (3:00 - 3:50).
Consumer Choice Framework: To further transparency, eXp provides a "best practice" form that agents can use when recommending service providers (such as lenders, title companies, or home inspectors). The goal is to always provide the consumer with more than one option, ensuring they understand they have the right to shop around (10:20 - 12:45).
Affiliated Business Arrangement (ABA) Disclosures: The team emphasizes that existing RESPA-required disclosures remain mandatory and are distinct from the new referral disclosures. Agents must continue to disclose any financial interest in affiliated services upfront (8:15 - 9:30, 13:50 - 14:15).
Why it Matters:
eXp is taking a proactive, industry-leading approach to these disclosures because they operate in all 50 states and want to provide consistent, consumer-first advocacy even as industry-wide standards continue to evolve (5:15 - 5:45, 14:23 - 14:56).
These tools are designed to be simple, legible, and easily accessible, and eXp is making them available to the entire industry starting December 1, 2025 (15:00 - 15:30).
Join eXp Realty CEO, Leo Pareja and SVP of Brokerage Operations Holly Mabery for this critical live session. In this webinar, we break down the strategic "WH...