eXp Realty to Acquire ShowMeNow

Mobile App Available in Q1 2019 Exclusively for eXp Realty Agents

NEW ORLEANS — Oct. 23, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings (NASDAQ: EXPI), today announced at its annual EXPCON conference the definitive agreement to acquire ShowMeNow. The transaction, which is subject to the satisfaction of customary closing conditions, is expected to close during the fourth quarter of 2018.

ShowMeNow is an on-demand, home tour app that enables home shoppers to request immediate access to properties they are interested in. With more than 90 percent of consumers using a mobile device when searching for homes for sale, the ShowMeNow mobile app gives buyers flexible, real-time access to properties from wherever and when they are ready. It also allows agents to potentially expose it to more home buyers in order to increase visibility of the home for sale and drive highly interested parties.

The new ShowMeNow mobile app will be able available for beta testing in the first quarter of 2019 in select markets, exclusively for eXp Realty agents.

“There is so much potential with the ShowMeNow mobile app, and we are excited about the possibilities for eXp Realty agents and their clients who would benefit from increased access to homes for sale,” said eXp Realty Chief Product and Technology Officer Scott Petronis. “We will be working through the end of the year to produce a beta with different options to find the right mix of features to help homes sell faster. This acquisition continues eXp Realty’s commitment to providing the best innovation and technology for eXp Realty agents.”

About eXp Realty

eXp Realty, LLC, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment.  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 operating in 49 U.S. states, the District of Columbia and three Canadian provinces. 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.

Connect with eXp Realty and eXp World Holdings:

Media Relations Contact:

Cynthia Nowak
Vice president of marketing and communications, eXp Realty
360.419.5285 ext. 116
cynthia.nowak@exprealty.com

Investor Relations Contact:

Greg Falesnik
Managing director, MZ Group – MZ North America
949.385.6449
greg.falesnik@mzgroup.us

 

 

2018-10-23T06:30:31-08:00