Urban Realty Group Completes Integration into eXp Realty in Calgary
eXp Realty, the Agent-Owned Cloud Brokerage Opens for Business in Alberta with an experienced group of real estate professionals.
The addition of the Urban Realty Group agent base expands the eXp network into the Province of Alberta and to more than 450 agents across North America. The expanded network creates new opportunities for Canadian real estate professionals to leverage eXp’s robust and engaging Cloud infrastructure to learn from, share with, and develop meaningful professional relationships with top agents without regard to physical location. This enables them to take ownership of their brand, their business, and their lives at the same time that they’re developing an increasing stock ownership share in eXp Realty International Corporation.
“I’ve been in Real Estate for almost 15 years now and have never seen a brokerage that offers what eXp can offer Realtors,” said Team Leader Doug Hayden, who recently joined eXp in Calgary. “Its business model, with a focus on technology and support, appeals to both experienced and younger agents alike, and everyone involved wants to see you succeed as an agent and as an independent business person. I’ve been involved with a few startups over the years, but when it comes to Real Estate, eXp Realty seems like the first true game changing entry into this market place in more than 20 years,” Hayden said. “It’s a great business model that encourages growth, mentorship, and building your business as an agent. At eXp you are treated like an owner and you are an owner. I really don’t see what could hold this company back from becoming one of the major brokerages worldwide.”
eXp Realty is a full-service real estate brokerage company 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. This effectively reduces agents’ overhead, increases their profits, and provides greater service value to consumers.
As a publicly-traded company, eXp 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 agents a percentage of gross commission income earned by fellow professionals who they attract into the Company.
“We want to welcome each of the agents and brokers joining us in Calgary into our growing family of real estate professionals,” said eXp President Jason Gesing. “Since 2009, eXp Realty has been committed to providing agents, teams of agents, and brokerage owners with the systems, support, culture and infrastructure needed to thrive in unpredictable economic conditions and to build scalable teams of agents in any of the markets the company serves without additional capital requirements.”
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.
For more information you can follow eXp World Holdings, Inc. on Twitter, LinkedIn, Facebook, YouTube, or visit investors.exprealty.com orwww.exprealty.com.
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.