Parker Pemberton, eXp's Top Team in MN, Goes Independent
Parker Pemberton, founder and CEO of Pemberton Homes with eXp Realty in Minnesota, has announced the 200+ agent team is going independent under the name PembertonRE.
Real estate mogul Parker Pemberton, founder and CEO of Pemberton Homes, has made a bold move by announcing that his 200+ agent team, currently with eXp Realty, will be going independent and rebranding as PembertonRE.
The decision to break away from eXp, the top real estate team in Minnesota and worldwide, has raised eyebrows and sparked speculation within the industry. While some may question the move, Pemberton is confident that it will ultimately benefit both his team and their clients.
“I believe that being independent will allow us to better serve our clients and give us more flexibility in our operations,” Pemberton stated in a press release. “We are excited to create a new brand that represents our team’s values and goals.”
Pemberton Homes, which started as a small real estate company in Minnesota, has grown into a powerhouse with over 200 agents and a strong presence in the North Star State. As eXp's top team in Minnesota and worldwide, their decision to go independent has raised questions about the future of eXp's success in the state.
While Pemberton did not comment on the specifics of his team's departure from eXp, industry insiders believe that the move may have been sparked by tensions over profit sharing and commission splits within the company.
Regardless of the reasons behind the split, Pemberton's move has been met with mixed reactions from fellow real estate professionals. Some see it as a bold and savvy business decision, while others view it as a betrayal to the eXp community.
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