As part of the settlement, eXp Realty has agreed to pay $34 million into the settlement fund and implement unspecified changes to its business practices. This settlement resolves all ongoing litigation related to various plaintiffs, and although significant, the firm asserts it will not materially affect its operations or finances.
With the settlement, eXp Realty effectively aligns with its peers, including several major players in the real estate sector like Keller Williams and Redfin. While the firm acknowledges the financial implications, it emphasizes that the settlement is not an admission of any wrongdoing.
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