“Delaware’s Real Estate Community has long awaited and needed a brokerage like eXp Realty,” said John Hanenfeld, who will serve as the company’s Managing Broker in Delaware. “eXp provides the real estate agent a true bottom-line economic benefit withincredibly progressive tools and training in order for agents and brokers to offer the most rounded and efficient services to their consumers and build a business of their own. In my 20+ years in the business, I have never been as excited about what a brokerage can do for the lives, businesses, and retirement planning of its affiliated agents. The ability to utilize the Cloud Office from your laptop to conduct daily transactions, train and collaborate with some of the greatest business-minded agents and coaches in the country, and develop true friendships with agents anywhere is hands-down the best asset that today’s mobile agent can have,” Hanenfeld said.
As a cloud-based, full-service real estate brokerage company, eXp Realty provides 24/7 access to collaborative tools, training and socialization for real estate brokers and agents through its 3-D, fully-immersive, cloud office environment, while reducing their overhead, increasing their profits, and providing greater service value to consumers.
“As eXp Realty continues to grow, we are very fortunate to be able to attract experienced and credible leaders like John who are committed to advancing the businesses and careers of agents and brokers in their marketplace and the profession,” said eXp President, Jason Gesing.
eXp also uniquely offers agents and brokers the opportunity to earn equity awards for production and contributions to company growth. The company also features an aggressive revenue sharing program that pays to agents a percentage of gross commission income earned by fellow professionals who they attract into the Company.
About eXp World Holdings, Inc.
eXp World Holdings, Inc. is the holding company for a number of companies most notably eXp Realty LLC, the Agent-Owned Cloud Brokerage™ as a full-service real estate brokerage providing 24/7 access to collaborative tools, training, and socialization for real estate brokers and agents through its 3-D, fully-immersive, cloud office environment. eXp Realty, LLC and eXp Realty of Canada, Inc. also feature an aggressive revenue sharing program that pays agents a percentage of gross commission income earned by fellow real estate professionals who they attract into the Company.
eXp World Holdings, Inc. also owns 90.5% of First Cloud Mortgage, Inc. a Delaware corporation launched in 2015 and now licensed to originate mortgages in Arizona, California, New Mexico and Texas.
The corporate name change to "eXp World Holdings, Inc." has been approved by our Board and stockholders but is not yet effective, pending the mailing of a definitive information statement to our stockholders in accordance with applicable rules and a 20-day notice period thereafter.
As a publicly-traded company, eXp World Holdings, Inc. uniquely offers professionals within its ranks opportunities to earn equity awards for production and contributions to overall company growth.
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.