More Than 2,000 Agents Joined the eXp Family During the Past Seven Months
FORT LAUDERDALE, Florida — Oct. 10, 2017 — eXp Realty, LLC, the Agent-Owned Cloud BrokerageⓇ and a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI), today announced at its fourth annual national conference, EXPCON 2017, that the company surpassed 5,000 real estate agents across North America.
This important company milestone represents 175 percent growth from the same time last year. In the last seven months, more than 2,000 agents joined the eXp Realty family. Also during the past year, the company launched in four additional U.S. states and Ontario, Canada.
eXp Realty’s exponential growth signifies a shift in what agents and teams consider when choosing a brokerage. No longer is a physical office the best way to build community with other agents and clients. Now, agents have the ability to work in the cloud to collaborate, market their own brand and be part of redefining the real estate brokerage value proposition. As the only cloud-based real estate brokerage, eXp Realty is transforming real estate experience by allowing agents to defy distance in where and with whom they work, and establish direct ownership in the company while earning additional income for helping the company grow.
“eXp Realty has experienced phenomenal growth in the past seven months. The pace of growth is really amazing. We went from approximately 3,000 agents in March 2017 to more than 5,000 today,” said Glenn Sanford, eXp World Holdings CEO, chairman and founder. “We couldn’t have done this without the outstanding team we’ve built and thousands of agents who share their positive experience with industry peers.
eXp Realty makes a lot of sense for many agents. We offer a cloud office environment where they can collaborate with top professionals, and get online training and support; and be part of the future of real estate while growing their own future by earning both revenue and equity based on their activities with the company.”
About eXp World Holdings
eXp World Holdings, Inc. (OTCQB: EXPI) is the holding company for eXp Realty, LLC, the Agent-Owned Cloud Brokerage®. eXp Realty (exprealty.com) is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment. It is an agent-designed and agent-owned company. As the leading, national, cloud-based real estate brokerage, 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. It is one of the fastest growing real estate brokerage firms in North America with more than 5,000 agents in 44 U.S. states, the District of Columbia and the provinces of Alberta and Ontario, Canada. As a publicly traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.
For more information, please visit the company’s website at www.eXpRealty.com.
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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.
Media Relations Contact:
Director of marketing and communications, eXp Realty
Investor Relations Contact:
Managing director, MZ Group – MZ North America