AGNT says housing market is tough but not broken, points to ‘unmatched’ agent value

Executives at AGNT, the parent company of eXp Realty and NextHome, two RealTrends Verified firms, are not beating around the bush when it comes to their thoughts regarding the current state of the U.S. housing market. “To be direct, [the market] remains challenging, and we’re planning accordingly,” Leo Pareja, AGNT’s newly appointed CEO, said on the firm’s third quarter 2026 earnings call with investors and analysts Thursday evening. Pareja said that while company executives expect the market to stay “difficult” for a while, they do not feel that the market is “broken.” “It’s a market that’s resetting to normal after two record booms or warped expectations. Life events still force people to move, and in a market that requires real skill, the agents who are doing the work are taking the share,” said Pareja, a 2026 HousingWire Vanguard. “That’s where we’re well positioned. We have scale. We have a value stack for agents that we believe is unmatched. We have a competitive compensation structure and a strong agent base that’s increasingly productive, and we’re up for the challenge.” The road map As it looks to tackle this challenge, Pareja said the firm is focusing on four key targets ...