BELLINGHAM, Wash. - In a bold move to champion consumer rights, eXp Realty has announced groundbreaking transparency measures that will reshape how real estate transactions are conducted across Canada and beyond. The company, recognized as the largest independent real estate brokerage globally, is taking proactive steps to ensure home buyers and sellers maintain complete control and clarity throughout their real estate journey.
New Standards for a Changing Market
Effective December 1, 2025, eXp Realty will implement enhanced disclosure standards and introduce a comprehensive "Consumer Choice" framework. This initiative comes at a critical time when the real estate industry faces increasing consolidation and vertical integration among major players.
Leo Pareja, CEO of eXp Realty, emphasized the urgency of these measures. "The real estate landscape is evolving rapidly. We are seeing massive acquisitions of search portals by mortgage lenders and aggressive vertical integration," Pareja stated. "In this environment, silence is not an option. Transparency is not just good business, it is the foundation of public trust."
Key Components of the Consumer Choice Framework
The new framework includes two significant components designed to empower consumers. The "Consumer Choice in Your Real Estate Transaction" form explicitly outlines the consumer's right to choose their ancillary service providers, while expanded referral fee disclosure sections provide unprecedented clarity about financial arrangements.
Unlike many competitors who await regulatory mandates, eXp Realty is taking decisive action ahead of industry requirements. The company believes that regardless of external regulatory debates, consumers deserve immediate protection and transparency.
Competitive Advantage Through Trust
These enhanced tools will equip eXp agents with powerful resources to demonstrate their fiduciary commitment to clients. The company positions this transparency-driven approach as a distinct competitive advantage in an industry where trust remains paramount.
"This is how we protect the human relationship at the heart of real estate," Pareja explained. "We are empowering our agents to lead with clarity, ensuring every consumer understands their rights and the financials of their transaction."
In a remarkable demonstration of commitment to industry-wide improvement, eXp Realty will make the new form openly available to all agents, brokers, and consumers starting December 1, 2025. This move underscores the company's dedication to elevating standards across the entire real estate sector.
With over 83,000 agents across 28 countries, eXp Realty's initiative represents a significant step toward universal transparency in real estate transactions. The company's cloud-based, agent-centric model continues to challenge traditional brokerage structures while prioritizing consumer protection.
