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eXp eXplained Access a Full eXplanation of the benefits of Joining eXp Realty

Learn about the fastest growing real estate company in the US! No pressure - just info. We can grab coffee at a later date.

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About eXp Realty

eXp Realty is a full service, national brokerage; not a franchise! One of our core values is transparency. Everything is "above board"; there are no special deals or back-office shenanigans with your broker. We lay our cards on the table and you decide if it works for you. 

eXplore the Benefits

eXp Realty is a full service, national brokerage; not a franchise! The benefits of hanging your license here are multifaceted. It is much more than just a great split and tech. But that is a solid foundation.

Broker Support

Ana is the dedicated broker for the state of CT. She consistently earns high marks from her peers and REALTORS that work with her. Ana holds dedicated office hours and is consistently available to answer any real estate question you have. 

Tech Support

We offer our "down-line" additional technical support to supplement and augment the awesome support provided by over 400 of eXp Realty's full-time staff. Tom has extensive experience in digital marketing and technology in the real estate sector.

Equity Opportunities

Our family of agents builds their own businesses while having the opportunity to also establish an equity interest in eXp World Holdings, eXp Realty’s holding company, as a shareholder and partner. Publicly traded on NASDAQ under the symbol EXPI.

Work Anywhere

With a focus on innovation, eXp Realty is changing the way that agents, brokers, and consumers work together. eXp Realty’s virtual office environment compared to the traditional real estate office allows agents to collaborate and learn together — no matter where they might be located.

Maximum Earnings

No desk fees. No royalty fees. No franchise fees. Keep 80-100% of your commissions and participate in one of the industry’s most rewarding icon-agent awards. Agents at eXp Realty can receive revenue share from the people they sponsor into the company. 

At eXp Realty, agents have more training, bolder technologies, and a stronger support network than any other agency nationwide. 

Work Anywhere

With a focus on innovation, eXp Realty is changing the way that agents, brokers, and consumers work together. eXp Realty’s virtual office environment compared to the traditional real estate office allows agents to collaborate and learn together — no matter where they might be located.

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Powerful Technology

Tap into the industry’s leading technologies, at no additional cost, to take your business to the next level. Not tech savvy? Work with our live support team to get your systems up and running. Join other agents as they participate in more than 30 hours of live training each week from leading experts.

Retire from real estate someday

eXp Realty is a fast growing full service brokerage focused on providing real estate professionals with the tools and support needed to compete in the rapidly changing real estate marketplace.  The most valuable asset of most businesses are the people - and we believe that to be true. Brokers and agents are our greatest asset. Our realtors have access to a full suite of professional tools vetted for the realtor on the move.  If you want to be part of a high tech, high touch, FULL SERVICE real estate company who is uniquely prepared to respond to the rapidly evolving market, then you have found your new home!

Granted, there are other residual income programs that promote and encourage company growth in the real estate industry. However none of them offer the kind of benefits offered by eXp Realty. Zero. The secret is that the founder of eXp, and the top agents attracted to eXp, all WORKED at the other agencies as agents and know the pluses and minuses of the systems. eXp was designed from it's inception to be better for AGENTS right out of the gate.  By eliminating bricks and mortar there are LESS expenses, and more to share.  eXp Realty shares off the TOP!  Learn more here

"I would rather earn 1% off a 100 people's efforts than 100% of my own efforts." - John D. Rockefeller

Our Latest News from Yahoo!

  • EXp World Holdings (EXPI) Misses Q1 Earnings and Revenue Estimates
    on May 6, 2021 at 2:15 pm

    eXp World Holdings (EXPI) delivered earnings and revenue surprises of -40.00% and -1.71%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

  • eXp World Holdings Reports Record First Quarter 2021 Financial Results and Agent Growth
    on May 6, 2021 at 12:30 pm

    Q1 2021 Revenue Increased 115% to $584 Million Year-over-Year, Driven by Agent Growth of 77%BELLINGHAM, Wash., May 06, 2021 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), (or the “Company”), the holding company for eXp Realty, Virbela and SUCCESS Enterprises, today announced financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial Highlights: Revenue increased 115% to a record $583.8 million in the first quarter of 2021, compared to $271.4 million in the same year-ago quarter.Gross profit increased 91% to $53.5 million in the first quarter of 2021, compared to $28.0 million in the same year-ago quarter.Net income increased 3,348% to $4.8 million in the first quarter of 2021, compared to $0.1 million in the same year-ago quarter.Adjusted EBITDA (a non-GAAP financial measure) increased 159% to $14.8 million in the first quarter of 2021, compared to $5.7 million in the same year-ago quarter.Operating cash flow (a non-GAAP financial measure) increased 184% to $40.6 million in the first quarter of 2021, compared to $14.3 million in the same year-ago quarter.As of March 31, 2021, cash and cash equivalents totaled $104.4 million, compared to $44.3 million as of March 31, 2020. The Company repurchased approximately $34.0 million of common stock during the first quarter of 2021. Management Commentary “As the fastest organically growing real estate brokerage in the world, we are making considerable progress with gaining market share in the U.S. and globally, having grown our agent base 77% year-over-year to exceed the 50,000-agent milestone in the quarter,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “Our record first quarter revenue and profitability is a direct result of agents continuing to find success leveraging eXp’s unique brokerage model and agent value proposition. Not only are we experiencing an acceleration in the number of agents joining eXp, but the agents we are attracting have proved to be increasingly productive and our Net Promoter Score continues to climb. “While the sustained strength in the broader real estate market has provided a complementary environment for our core operations, our record results are attributable to eXp’s commitment to surrounding our agents with an unmatched suite of tools and resources that drive positive engagement. This growth of our cloud-based business is being achieved entirely within our virtual working environment, which serves as a key differentiator for aggressively scaling our platform internationally, as well as in the U.S. where a significant opportunity to continue capturing market share remains. As we move forward, we will maintain our focus on finding innovative ways for real estate professionals to succeed in the most agent-centric model on the planet,” concluded Sanford. First Quarter 2021 Operational Highlights: Agents and brokers on the eXp Realty platform increased 77% to 50,333 at the end of the first quarter of 2021, compared to 28,449 at the end of the first quarter of 2020.Residential and commercial transaction sides closed increased 95% to 73,878 in the first quarter of 2021, compared to 37,882 in the same year-ago quarter.Residential and commercial transaction volume closed increased 123% to $24.5 billion in the first quarter of 2021, compared to $11.0 billion in the same year-ago quarter.eXp Realty expanded into four new international locations and territories in the first quarter of 2021, including Puerto Rico, Brazil, Italy, and Hong Kong. Subsequent to the end of the first quarter, the Company successfully launched in Colombia, and announced plans to establish operations in Spain and Israel by the end of the second quarter of 2021.eXp Realty ended the first quarter of 2021 with a 73 global Net Promoter Score, a measure of agent satisfaction, through the Company’s intense focus on the agent experience. This compares to a 70 global Net Promoter Score at the end of the first quarter of 2020. “Our substantial year-over-year increases in revenue and cash flow generation were driven by industry-leading agent growth and sustained transaction volume,” said Jeff Whiteside, CFO and Chief Collaboration Officer of eXp World Holdings. “Beyond the inherent advantages of our agent compensation model, our tech-enabled offerings are increasingly contributing to our competitive position by enabling our company to scale at a rapid pace. We have strong execution against our domestic growth strategy while continuing to launch new international markets and expanding our commercial brokerage business that lends well to our overall model.” First Quarter 2021 Financial Results – Virtual Fireside Chat The Company will hold a virtual fireside chat and investor Q&A session with eXp World Holdings Founder and CEO Glenn Sanford, CFO Jeff Whiteside, and President of U.S. Growth Dave Conord on Thursday, May 6, 2021 to discuss first quarter 2021 financial results and recent milestone achievements. Greg Falesnik, CEO of MZ North America, will moderate the discussion. The investor Q&A is open to investors, current stockholders and anyone interested in learning more about eXp World Holdings and its platform. Date: Thursday, May 6, 2021Time: 2 p.m. PDT/ 5 p.m. EDTLocation: EXPI Campus. Join at https://expworldholdings.com/contact/download/Livestream: expworldholdings.com/events About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, Virbela and SUCCESS Enterprises. eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 53,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, and Colombia, and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. For more information, visit https://expworldholdings.com. Use of Non-GAAP Financial Measures To provide investors with additional information regarding our financial results, this press release includes references to Adjusted EBITDA, which is a non-U.S. GAAP financial measure and may be different than similarly titled measures used by other companies. It is presented to enhance investors’ overall understanding of the company’s financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. The company’s Adjusted EBITDA provides useful information about financial performance, enhances the overall understanding of past performance and future prospects, and allows for greater transparency with respect to a key metric used by management for financial and operational decision-making. Adjusted EBITDA helps identify underlying trends in the business that otherwise could be masked by the effect of the expenses that are excluded in Adjusted EBITDA. In particular, the company believes the exclusion of stock and stock option expenses, provides a useful supplemental measure in evaluating the performance of operations and provides better transparency into results of operations. The company defines the non-U.S. GAAP financial measure of Adjusted EBITDA to mean net income (loss), excluding other income (expense), income tax benefit (expense), depreciation, amortization, and impairment charges; stock-based compensation expense, and stock option expense. Adjusted EBITDA may assist investors in seeing financial performance through the eyes of management, and may provide an additional tool for investors to use in comparing core financial performance over multiple periods with other companies in the industry. Adjusted EBITDA should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with U.S. GAAP. There are a number of limitations related to the use of Adjusted EBITDA compared to Net Income (Loss), the closest comparable U.S. GAAP measure. Some of these limitations are that: Adjusted EBITDA excludes stock-based compensation expense and stock option expense, which have been, and will continue to be for the foreseeable future, significant recurring expenses in the business and an important part of the compensation strategy; andAdjusted EBITDA excludes certain recurring, non-cash charges such as depreciation of fixed assets, amortization of acquired intangible assets, and impairment charges related to these long-lived assets, and, although these are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future. US-GAAP NET INCOME (LOSS) TO ADJUSTED EBITDA RECONCILIATION (In thousands) (Unaudited) Three Months Ended March 31, 2021 2020 Net income (loss) $4,846 $141 Other (income) expense, net (128) 59 Income tax expense 211 11 Depreciation and amortization (1) 1,310 924 Stock compensation expense (2) 5,472 3,519 Stock option expense 3,109 1,073 Adjusted EBITDA $14,820 $5,727 (1) Amortization of stock liability is included in the “Other expense (income)” line item. (2) This includes agent growth incentive stock compensation expense and stock compensation expense related to non-controlling interest. NET CASH PROVIDED BY OPERATING ACTIVITIES TO ADJUSTED NET CASH PROVIDED BY OPERATING ACTIVITIES (In thousands) (Unaudited) Three Months Ended March 31, 2021 2020 Cash provided by operating activities $78,919 $17,489 Less: Customer deposits (38,324) (3,219) Operating cash flow $40,595 $14,271 Safe Harbor Statement The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K. Media Relations Contact:eXp World Holdings, [email protected] Investor Relations Contact:MZ Group – MZ North [email protected] EXP WORLD HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts) March 31, 2021 December 31, 2020 (Unaudited) ASSETS CURRENT ASSETS Cash and cash equivalents $104,392 $100,143 Restricted cash 66,105 27,781 Accounts receivable, net of allowance for credit losses of $2,264 and $1,879, respectively 88,475 76,951 Prepaids and other assets 7,791 7,350 TOTAL CURRENT ASSETS 266,763 212,225 Property, plant, and equipment, net 9,042 7,848 Operating lease right-of-use assets 731 819 Other noncurrent assets - - Intangible assets, net 8,121 8,350 Goodwill 12,945 12,945 TOTAL ASSETS $297,602 $242,187 LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable $5,119 $3,957 Customer deposits 66,105 27,781 Accrued expenses 79,392 62,750 Current portion of long-term payable 916 1,416 Current portion of lease obligation - operating lease 361 746 TOTAL CURRENT LIABILITIES 151,893 96,650 Long-term payable, net of current portion 1,726 2,876 Long-term lease obligation - operating lease, net of current portion 370 74 TOTAL LIABILITIES 153,989 99,600 EQUITY Common Stock, $0.00001 par value 220,000,000 shares authorized; 147,934,768 issued and 144,899,364 outstanding in 2021; 146,677,786 issued and 144,143,292 outstanding in 2020. 1 1 Additional paid-in capital 248,634 218,492 Treasury stock, at cost: 3,035,404 and 2,534,494 shares held, respectively (72,003) (37,994) Accumulated deficit (34,316) (39,162) Accumulated other comprehensive income 294 247 Total eXp World Holdings, Inc. stockholders' equity 142,610 141,584 Equity attributable to noncontrolling interest 1,003 1,003 TOTAL EQUITY 143,613 142,587 TOTAL LIABILITIES AND EQUITY $297,602 $242,187 EXP WORLD HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share amounts and per share data) (Unaudited) Three Months Ended March 31, 2021 2020 Revenues $583,833 $271,421 Operating expenses Commissions and other agent-related costs 530,347 243,406 General and administrative expenses 46,300 26,860 Sales and marketing expenses 2,257 944 Total operating expenses 578,904 271,210 Operating income (loss) 4,929 211 Other expense Other (income) expense, net (134) 38 Equity in losses of unconsolidated affiliates 6 21 Total other (income) expense, net (128) 59 Income (loss) before income tax expense 5,057 152 Income tax expense 211 11 Net income (loss) 4,846 141 Net loss attributable to noncontrolling interest - 24 Net income (loss) attributable to eXp World Holdings, Inc. $4,846 $165 Earnings (loss) per share Basic $0.03 $0.00 Diluted $0.03 $0.00 Weighted average shares outstanding Basic 144,354,991 133,241,235 Diluted 158,722,126 144,647,818

  • Key Factors to Impact eXp World Holdings (EXPI) Q1 Earnings
    on May 4, 2021 at 2:23 pm

    eXp World Holdings' (EXPI) Q1 performance is likely to have been driven by the growing base of agents and brokers that helped bank on the solid residential real estate market.

  • EXp World Holdings (EXPI) Dips More Than Broader Markets: What You Should Know
    on April 30, 2021 at 9:50 pm

    EXp World Holdings (EXPI) closed the most recent trading day at $34.36, moving -1.35% from the previous trading session.

  • eXp World Holdings Expands Real Estate Operations Into Colombia
    on April 27, 2021 at 1:00 pm

    One of the Fastest-growing Global Real Estate Companies Extends its Footprint In Latin America with the Opening of eXp Colombia eXp Global eXp Global BELLINGHAM, Wash., April 27, 2021 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing real estate companies in the world, has expanded into Colombia, under the eXp Colombia banner. eXp Realty now operates in 14 countries and territories with more than 50,000 agents across the globe. eXp Realty’s worldwide expansion is being led by Michael Valdes, President of eXp Global and an international real estate veteran with experience opening markets around the world. “The response to our announcement to launch in Colombia has been overwhelming,” said Valdes. “With a history of strong housing price growth, a strong focus on digital infrastructure and a culture of entrepreneurship, we see incredible opportunity in Colombia. We are excited to continue changing lives through our unique model and company culture.” eXp Colombia’s brokerage operations will be led by Santiago Carrizosa, Managing Broker, eXp Colombia. Santiago comes to eXp with more than 24 years of experience in Colombian and international real estate. “Colombia has a stable real estate market and international buyers have begun to see great opportunities for investment in the country,” says Carrizosa. “However, there remains a tremendous need for the implementation of efficient tools and models in the real estate sector. With the opening of eXp Colombia, we are looking to transform the way we sell and buy real estate, breaking down barriers and obsolete models.” Colombia represents the first of the three markets that eXp Global has identified for expansion in the second quarter of 2021, with the openings of Spain and Israel slated to open later in the quarter. Puerto Rico, Brazil, Italy and Hong Kong opened eXp operations in the first quarter of 2021. eXp Realty offers a unique financial model for residential and commercial real estate agents, going beyond attractive commissions to provide its agents with an opportunity to earn additional income by helping the company to grow its revenue base anywhere in the world. Agents can also earn equity in eXp World Holdings stock for listing and selling activities. eXp’s cloud-based brokerage is powered by Virbela, the company’s immersive and collaborative platform, enabling agents and staff to communicate, meet and conduct business in a virtual world. About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, Virbela and SUCCESS Enterprises. eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 50,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Italy, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong and Colombia and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. For more information, visit https://expworldholdings.com/. Safe Harbor Statement The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K. Media Relations Contact:eXp World Holdings, [email protected] Colombia Media Relations Contact:eXp [email protected] Investor Relations Contact:MZ Group – MZ North [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b51e86a-f9f9-4a81-80f4-6760ad39b498

  • eXp World Holdings (NASDAQ:EXPI) Could Easily Take On More Debt
    on April 27, 2021 at 6:47 am

    Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

LOCATION = CLOUD BASED

eXp Realty of CT is a cloud-based, full-service real estate brokerage. We do have a physical location in West Hartford, CT to receive mail and collect escrow checks but our business model is to avoid physical office spaces in lieu of providing better service and better commission splits to the real estate agents that hang their license with eXp Realty which enables the realtor to better serve their clients.

If you visit most real estate offices today you'll notice an absence of real estate agents occupying them - they are usually out with clients or working remotely. Very few agents use their physical office anymore. Long gone are the days when we needed to go into the office to browse the MLS sheets or access a shared computer attached to the internet so we could browse properties (yes, millennials, that was a thing). We all have phones and access to the internet. Our clients have access to the information too.

Our superpower strength is our real estate knowledge, not the accouterments or glitz of the office space. The easiest part of a real estate transaction is finding a property (there are maps and GPS'), the hardest part is in the details of the transaction. The devil is ALWAYS in the details and everything looks easy from the 30,000-foot level. The HGTV reality TV shows are not reality, trust us.

Get in touch to find out more about eXp Realty

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eXp explained official presentation

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the Company’s expansion, revenue growth, operating results, financial performance and net income changes. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K.

Social Media Disclosure: Investors and others should note that we announce material financial information to our investors using this investors website, SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with our subscribers and the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time.