Palmer runs Lake Mary, Florida-based LPT Realty, which he founded in 2021 with a high-growth capped brokerage model. Like other fast-growing brokerages, LPT Realty leverages revenue sharing, equity grants and a relatively low-cap commission model for agents. The cloud-based brokerage had reached 25 states by the end of 2023 and added 13 more in 2024. In December 2024, it acquired California-based Big Block Realty, which does over $3 billion in annual sales. Palmer also added Michael Valdes to the team in 2024 to expand LPT’s international presence. Before launching LPT Realty, Palmer founded mortgage company RP Funding, which he still runs as president.