196% Year-Over-Year Growth, Doubles Agent Count Within Eight Months
BELLINGHAM, WASH. — Feb. 15, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI), today announced that the company exceeded 8,000 real estate agents across North America.
This significant event marks a doubling of agent count from eight months ago and 196 percent year-over-year growth of agents who joined the eXp Realty family. In February, the company also launched in Nebraska, marking the company’s operations in 47 U.S. states.
“We started off 2018 with a bang and we’re not slowing down! It is amazing to see this phenomenal growth just a few weeks into the new year,” said eXp Realty Chief Operating Officer Mary Frances Coleman. “To ensure that our superior level of agent service continues to match growth, we are bringing on additional industry leadership and staff to provide the instant, live agent services, technology and finance support that agents love.”
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. The company’s family of agents build their own businesses while having the opportunity to also establish a direct ownership in the company.
About eXp Realty
eXp Realty, LLC, the largest residential real estate brokerage by geography in North America, is a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI). 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 virtual campus environment. It is one of the fastest growing real estate brokerage firms in North America with more than 8,000 agents in 47 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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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 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
360-419-5285 ext. 116
Investor Relations Contact:
Managing director, MZ Group – MZ North America