eXp Realty
December 13, 2021
eXp Realty said it had passed 70,000 agents worldwide, up 69 percent from 41,313 agents at the start of 2021. The company linked the milestone to a third quarter in which revenue rose 97 percent to 1.1 billion dollars and gross profit rose 70 percent to 79.5 million dollars.
Founder, chairman, and chief executive Glenn Sanford said an agent-focused model and ongoing product work were still drawing agents onto the platform. The release listed 2021 international openings that included Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, and Germany, and noted the SUCCESS Lending joint venture with Kind Lending.
It also named several teams that joined during the year, including a 472-person Houston brokerage, Abby Realty, that joined in November after 399 million dollars of 2020 sales volume. The company said it had agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, and the newer markets.