On May 5 2026, eXp Realty announced the creation of the Unify Real Estate Team, formed by merging Sharif Hatab’s Team Sharif Sells with Peter Boutros’ Stunning NJ Homes. The new team brings together more than $120 million in 2025 sales volume and 309 transactions, positioning it for long‑term scalability across New Jersey and beyond.
The merger consolidates two of the state’s most productive teams under a single platform, allowing them to share one CRM, one lead funnel, and one playbook. This unified structure is designed to improve operational consistency, speed to lead, coaching, and agent development while preserving founder‑led local leadership. Leo Pareja, CEO of eXp Realty, said, “Sharif and Peter’s decision reflects exactly where the most forward‑thinking leaders in real estate are headed. The industry is evolving faster than ever, and the leaders who will define the next era are not waiting to see what happens — they’re making deliberate, strategic moves today. That’s precisely what Sharif and Peter have done. Their decision to unify and scale under eXp isn’t just smart business — it’s a blueprint for where real estate teams are going.”
Sharif Hatab explained the strategic rationale: “As our team grew, it became increasingly clear that if we wanted to build a true platform with long‑term scalability, leadership opportunities, and national expansion potential, we needed to align with a model designed for that future. eXp offered the collaboration, scalability, and ecosystem we needed, and merging with Peter created an even bigger opportunity to build something neither of us could create as effectively alone.” Peter Boutros added, “We are no longer simply competing as individual teams. We now operate as a true platform with the infrastructure, systems, and resources to compete at a much higher level while still maintaining founder‑led local leadership.”
The merger aligns with eXp’s broader strategy of building larger, platform‑based teams to enhance scalability and competitiveness. The company has been expanding its global footprint and investing in technology, including AI, to support its agents. eXp’s recent financial performance—Q1 2025 revenue of $954.9 million (up 1%) and a net loss of $11 million—illustrates the company’s continued growth trajectory, while Q4 2025 revenue reached $1.2 billion with a net loss of $12.9 million. The upcoming Q1 2026 earnings, scheduled for May 11, will provide further insight into how the new Unify Real Estate Team contributes to eXp’s overall performance.
The Unify Real Estate Team’s formation is a significant operational milestone that strengthens eXp’s position in the competitive real‑estate brokerage market. By combining two high‑producing teams, the company enhances its agent network, expands its market presence, and reinforces its agent‑centric, cloud‑based platform model. This move is expected to accelerate growth, improve agent development, and position eXp to capture additional market share in New Jersey and beyond.
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