eXp Realty News

  • eXp World Holdings Expands Real Estate Operations Into Puerto Rico
    on January 26, 2021 at 2:00 pm

    One of the Fastest-growing Global Real Estate Companies Now in 10 International Locations Around the GlobeBELLINGHAM, Wash., Jan. 26, 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 Puerto Rico, under the eXp Puerto Rico banner. In addition to its robust U.S. presence, eXp Realty also operates in eight other countries, including Australia, Canada, France, India, Mexico, Portugal, South Africa and the United Kingdom, with more than 43,000 agents across the globe. “The expansion into Puerto Rico represents our first strategic foothold in the Caribbean,” said Michael Valdes, President of eXp Global. “Puerto Rico is ideally positioned to benefit from the eXp model. Its tax incentives continue to attract a large number of foreign investments, creating a growing and robust real estate market in a territory that combines a rich culture and economic stability.” 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. eXp Puerto Rico’s operations will be led by Ivelisse Lopez, Broker of Record. Lopez brings more than 27 years of real estate leadership experience in Puerto Rico. “Puerto Rico has a strong professional infrastructure for agents, and the addition of the eXp brand to the market represents an unrivaled opportunity. The technology and tools eXp Puerto Rico provides will empower agents to scale their business rapidly,” said Lopez. eXp’s presence in Puerto Rico will encompass all major cities and regions. Puerto Rico represents the first global market that eXp Global has identified for expansion during the first quarter of 2021. Brazil, Italy, and Hong Kong are also set to launch in Q1 2021. 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 43,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal and France 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] Puerto Rico Media Relations Contact:Lymaris [email protected] Investor Relations Contact:Greg FalesnikMZ Group – MZ North [email protected]

  • Zacks.com featured highlights include: Northern Technologies International, eXp World Holdings, Matson, QAD and Mueller Industries
    on January 26, 2021 at 10:34 am

    Zacks.com featured highlights include: Northern Technologies International, eXp World Holdings, Matson, QAD and Mueller Industries

  • 5 Stocks With Recent Price Strength to Maximize Your Gains
    on January 25, 2021 at 1:15 pm

    Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.

  • Is Exp World Holdings (EXPI) Stock Outpacing Its Finance Peers This Year?
    on January 21, 2021 at 4:30 pm

    Is (EXPI) Outperforming Other Finance Stocks This Year?

  • eXp World Holdings, Aramark, ABM Industries, Aptiv and ManpowerGroup highlighted as Zacks Bull and Bear of the Day
    on January 21, 2021 at 2:03 pm

    eXp World Holdings, Aramark, ABM Industries, Aptiv and ManpowerGroup highlighted as Zacks Bull and Bear of the Day

  • Bull of the Day: eXp World Holdings (EXPI)
    on January 21, 2021 at 12:00 pm

    Bull of the Day: eXp World Holdings (EXPI)

  • eXp World Holdings Announces a 2-for-1 Stock Split
    on January 19, 2021 at 9:05 pm

    BELLINGHAM, Wash., Jan. 19, 2021 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that its Board of Directors has approved a 2-for-1 stock split in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on Jan. 29, 2021 will receive one additional share of common stock for each then-held share, which will be distributed after the close of trading on Feb. 12, 2021. eXp World Holdings common stock will begin trading on a stock split-adjusted basis on Feb. 16, 2021. eXp’s innovation is centered on agents’ success, whether it is the real estate industry, Virbela’s work-from-anywhere technologies or the personal development space as represented by SUCCESS Enterprises. “Our decision to effectuate this stock split provides added flexibility to continue leveraging various stock programs for our agents, brokers and staff that help fuel our growth,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “With the continued success of the company, we believe this stock split represents another positive milestone in eXp’s growth trajectory. As always, we’re focused on innovation and delivering on our overall value proposition for our agents, brokers, staff and customers.” 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 42,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal and France 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 StatementThe 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]

  • 4 Reasons to Buy Jones Lang LaSalle (JLL) Stock Right Now
    on January 19, 2021 at 7:57 pm

    Jones Lang LaSalle (JLL) appears to be a prudent investment pick at the moment as it continues to display robust fundamentals and improving prospects.

  • eXp Realty Expands in Canada, Opens in New Brunswick and Manitoba
    on January 13, 2021 at 2:00 pm

    Company Continues Rapid International Expansion With Operations Now in Nine Canadian ProvincesBELLINGHAM, Wash., Jan. 13, 2021 (GLOBE NEWSWIRE) -- eXp Realty, one of the fastest-growing, global real estate companies and a subsidiary of eXp World Holdings (Nasdaq: EXPI), today announced it has expanded its Canadian footprint and is now open for business in New Brunswick and Manitoba. With the expansion, eXp Realty operates in nine Canadian provinces, including Alberta, British Columbia, Newfoundland and Labrador, Nova Scotia, Ontario, Quebec and Saskatchewan. As part of the expansion, eXp Realty has hired experienced leaders in each province responsible for brokerage operations, with Lou Yerxa heading up New Brunswick and Rena Prefontaine leading in Manitoba.Yerxa is an experienced professional with more than 40 years in real estate, with a focus on sales and investing, and has won numerous awards for exceptional sales. Prefontaine brings more than a decade of experience in real estate to eXp and has served as a managing broker for the past six years. In addition to her role as a managing broker, she has served on the board of directors at the Winnipeg Realtors Association.“As we expand internationally, we continue to deepen our presence and relationships in the countries in which we operate,” said Michael Valdes, President of eXp Global. “I’m excited about the opportunity to continue driving adoption of eXp’s model in the Canadian market and across the globe.”“We’re thrilled to introduce eXp’s innovative, agent-first model to agents in New Brunswick and Manitoba under Lou and Rena’s leadership,” said eXp Realty Director of Canadian Brokerage Operations Deborah Pleiman. “Both Lou and Rena bring decades of experience in real estate and a commitment to agents. Agents in Canada are drawn to our technology-driven approach and are eager to grow their local businesses with our model.”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 grow its agent base anywhere in the world and earn equity in eXp World Holdings, Inc. through its stock programs. eXp’s cloud-based brokerage is powered by Virbela, the company’s immersive and collaborative platform, which enables its agents to communicate, meet and conduct business in a virtual world.To learn more about becoming an eXp Realty agent, please visit join.exprealty.com.About eXp World Holdings, Inc.eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, eXp Commercial, Virbela, Showcase IDX 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 42,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal and France 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 StatementThe 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] Relations Contact: Greg Falesnik MZ Group – MZ North America [email protected]

  • eXp Realty Named One of Glassdoor’s Best Places to Work; eXp Founder and CEO Listed on Swanepoel Power 200 List
    on January 13, 2021 at 5:00 am

    BELLINGHAM, Wash., Jan. 12, 2021 (GLOBE NEWSWIRE) -- eXp Realty, one of the fastest-growing, global residential real estate companies and a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has been named by Glassdoor as one of the Best Places to Work in 2021 for a fourth consecutive year as part of Glassdoor’s Employees’ Choice Awards. eXp Realty is among 100 U.S. companies to receive the honor in the large business category.The Employees’ Choice Award, now in its 13th year, is based solely on the input of employees who rate their satisfaction about their employer and key workplace factors – including career opportunities, compensation and benefits, culture and values, senior management and work/life balance. Currently on Glassdoor, eXp Realty has an overall rating of 4.7 out of five stars. According to reviews on Glassdoor, 94% of employees would recommend eXp Realty to a friend and employees rank the company’s diversity and inclusion 4.8 out of five stars.“To be named once as a Glassdoor Best Places to Work is an honor, but to be included on the list four consecutive years tells us we’re doing something right,” said eXp Realty CEO Jason Gesing. “We’ve made a commitment to build a brand with a positive company culture that helps our employees and agents succeed at the highest level possible. eXp Realty has experienced tremendous growth over the last year, and throughout we have kept our focus on the power that fuels our success: our people.”In other news today, eXp World Holdings CEO, Chairman and Founder Glenn Sanford and Gesing were both named to the Swanepoel Power 200 list for leading eXp’s solid growth trajectory. The Swanepoel 200, now in its eighth year, ranks leaders, executives and entrepreneurs from all sectors of the residential real estate brokerage industry.“Jason and I are humbled to be included on the Swanepoel Power list again this year among so many incredible visionaries in real estate,” said Sanford. “It is a testament to eXp’s innovative model and our tremendous agents and staff who have driven our growth. Together we have created a positive company culture that has led to our placement on Glassdoor’s Best Places to Work list year after year. Because of our company culture, we’re in a great position to take on this next phase of growth.”About eXp World Holdings, Inc.eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, eXp Commercial, Virbela, Showcase IDX 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 42,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal and France 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/.Media Relations Contact:eXp World Holdings, [email protected] Relations Contact: Greg Falesnik MZ Group – MZ North America [email protected]

  • eXp Continues Global Expansion With Four New International Locations Planned for Early 2021
    on January 7, 2021 at 2:00 pm

    Company to Establish Operations in Puerto Rico, Brazil, Italy and Hong Kong by the End of the First Quarter of 2021BELLINGHAM, Wash., Jan. 07, 2021 (GLOBE NEWSWIRE) -- eXp Realty, one of the fastest-growing, global real estate companies and a subsidiary of eXp World Holdings (Nasdaq: EXPI), has announced plans to expand its real estate operations into Puerto Rico, Brazil, Italy and Hong Kong in the first quarter of 2021. In 2020, eXp launched operations in South Africa, India, Mexico, France and Portugal. Throughout 2020, eXp continued to gain global market share by growing its agent base by more than 60%. Today, the eXp Realty platform has more than 41,000 agents across nine countries, including the United States, Australia, Canada, France, India, Mexico, Portugal, South Africa and the United Kingdom. As part of the expansion, the company will hire experienced leaders in each country, in addition to local teams, who will be responsible for agent operations and services.“The record revenue and transaction volume growth in 2020 was a direct result of our agent-centric, cloud-based brokerage that allowed us to add agents all over the world at an unprecedented pace,” said Michael Valdes, President of eXp Global. “As we look ahead in 2021, we expect to continue expanding throughout Europe--a key growth market -- while adding strong footholds in South America, Asia and the Caribbean.”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 grow its agent base anywhere in the world and equity in eXp World Holdings, Inc. stock programs applied to listing and selling activities. eXp’s cloud-based brokerage is powered by Virbela, the company’s immersive and collaborative platform, which enables its agents 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, eXp Commercial, Virbela, Showcase IDX 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 41,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal and France 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 StatementThe 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, Inc. [email protected] Investor Relations Contact: Greg Falesnik MZ Group – MZ North America [email protected]

  • 4 Stocks to Buy From the Promising Real Estate Operations Industry
    on January 6, 2021 at 2:23 pm

    Vaccine-driven market recovery, abundant liquidity, ultra-low rates, acceleration of certain trends and outsourcing of real estate needs to drive Real Estate Operation stocks this year.

  • What Makes Exp World Holdings, Inc. (EXPI) a Strong Momentum Stock: Buy Now?
    on December 29, 2020 at 5:00 pm

    Does Exp World Holdings, Inc. (EXPI) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • 2020 -- Best Tech Stocks
    on December 22, 2020 at 7:11 pm

    In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool contributor Brian Feroldi take stocks of the tech sector through 2020 and highlight some of the best performing companies in the industry. Dylan and Brian provide details on each of the stocks, talk about their future growth prospects, and much more. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.

  • Is eXp World Holdings, Inc.'s (NASDAQ:EXPI) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
    on December 20, 2020 at 7:44 am

    Most readers would already be aware that eXp World Holdings' (NASDAQ:EXPI) stock increased significantly by 97% over...

  • Macquarie Infrastructure Trying To Close In On Key Technical Measure
    on December 18, 2020 at 3:50 pm

    Macquarie Infrastructure shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

  • Unusual Options Activity Insight: eXp World Holdings
    on December 17, 2020 at 3:12 pm

    eXp World Holdings (NASDAQ: EXPI) shares experienced unusual options activity on Thursday. The stock price moved up to $74.03 following the option alert. * Sentiment: BEARISH * Option Type: SWEEP * Trade Type: CALL * Expiration Date: 2021-01-15 * Strike Price: $80.00 * Volume: 237 * Open Interest: 129Three Ways Options Activity Is 'Unusual'One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists both a buyer and seller for it.The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset.Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin.Understanding Sentiment Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price.Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity.Using These Strategies To Trade Options Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Wednesday * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • eXp World Holdings Expands Real Estate Operations Into France
    on December 15, 2020 at 11:00 am

    One of the Fastest-growing Real Estate Companies Extends its EU Footprint With the Addition of FranceBELLINGHAM, Wash., Dec. 15, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, has expanded into France, under the eXp France banner. In addition to its robust U.S. presence, eXp Realty also operates in seven other countries, including Australia, Canada, India, Mexico, Portugal, South Africa and the United Kingdom, with more than 40,000 agents across the globe. 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 grow its agent base anywhere in the world and equity in eXp World Holdings stock through listing and selling activities. eXp’s cloud-based brokerage is powered by Virbela, the company’s immersive and collaborative platform, which enables its agents to communicate, meet and conduct business in a virtual world.  “Our expansion into France represents our final international expansion of 2020,” said Michael Valdes, President of eXp Global. “As the third-largest economy in Europe, France is an optimal location to launch our innovative, agent-centric real estate model. We have identified a significant opportunity in France to provide agents with a platform that allows for potential financial independence and access to our unique, proprietary tools.”eXp France is led by Samuel Caux, Designated Managing Broker. Caux brings decades of real estate experience in France.“The launch of eXp France represents a significant opportunity for both the company and agents across the country,” said Caux. “I firmly believe that the advanced technology and virtual experience that eXp France offers will add a tremendous amount of value to both the agent and consumer experience.”The company’s presence in France will encompass a national footprint, including all major cities and regions. France represents the last of five countries eXp Global has identified for expansion by the end of 2020. South Africa launched in October 2020, India and Mexico in November 2020, and Portugal in December 2020.About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, eXp Commercial, Virbela, Showcase IDX 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 40,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico and Portugal 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 StatementThe 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, Inc. [email protected] France Media Relations Contact: Audree Mevellec [email protected] Relations Contact: Greg Falesnik MZ Group – MZ North America [email protected]

  • eXp Realty Surpasses 40,000 Real Estate Agents Globally On Its Immersive Cloud-Based Platform
    on December 14, 2020 at 2:00 pm

    40,000 Agent Milestone Represents 60% Year-over-year Growth eXp Agent Growth eXp Agent GrowthBELLINGHAM, Wash., Dec. 14, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies, has exceeded 40,000 agents globally. This represents a year-over-year increase of 60% when compared to 25,000 agents at this same time last year. The milestone of surpassing 40,000 agents follows eXp’s rapid international expansion and record-setting year for net agent growth, transaction growth and the company’s top- and bottom-line. In the third quarter of 2020, the company’s revenues increased 100% year-over-year to a record $564.0 million, which drove record net income of $14.9 million.“Our record-breaking financial results and solid growth trajectory are a testament to our agent-first model and innovative cloud-based platform,” said eXp Realty CEO Jason Gesing. “Our clear financial incentives continue to drive successful agents to our platform, as we added more agents than ever before in the third quarter. As we look ahead to 2021, we expect to continue adding agents at a rapid pace and growing our overall residential real estate business, both domestically and abroad.”eXp’s expansion into the commercial real estate space, with eXp Commercial, has also catalyzed the company’s strong growth. eXp’s Commercial platform offers agents the same attractive commission and capping model, a revenue-share program and stock option opportunities.Additionally in 2020, eXp World Holdings made two purchases to help with future growth: It purchased Showcase IDX, a real estate search platform popular with consumers and real estate agents. It also acquired SUCCESS Enterprises, a personal and professional development media company, which will allow eXp to blend its technology and content to enhance the personal development platform for entrepreneurs and sales professionals around the globe.“The synchronicity of these businesses coupled with our agent growth puts us in an exceptionally strong position headed into 2021,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “I’m confident our agent growth will continue at a rapid clip, as more and more agents are drawn to our agent-centric brokerage with a track record of innovation and success.”About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, eXp Commercial, Virbela, Showcase IDX 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 40,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico and Portugal 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/.Investor Relations Contact: Greg Falesnik MZ Group – MZ North America [email protected] Media Relations Contact: Molly Strong eXp Realty [email protected] photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cfdf52b9-01d5-469b-870d-cfb1d6e2277a

  • Is EXPI A Good Stock To Buy Now?
    on December 13, 2020 at 12:03 am

    In this article we will analyze whether eXp World Holdings, Inc. (NASDAQ:EXPI) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their

Posted in

expcareer