Company announcements, direct sales updates and archived press coverage associated with eXp Realty.
eXp World Holdings reported record third-quarter 2022 revenue of 1.2 billion dollars, up 12 percent from a year earlier. Gross profit rose 17 percent to 93.1 million dollars, while net income fell to 4.4 million dollars, or 0.03 dollars per share, from 23.8 million dollars. Adjusted EBITDA was 12...
Read full storyeXp Realty said it surpassed 85,000 real estate agents worldwide, up 30 percent from 65,286 agents at the start of October 2021. The cloud-based brokerage, which pays agents revenue share and equity incentives for recruiting and production, said growth continued despite a slowing housing market. ...
Read full storyeXp Realty said it opened brokerage operations in Chile, expanding its South American presence alongside Brazil and Colombia. The company said Chile became its 22nd market, with more than 84,000 agents worldwide at the time of the announcement. Virginia Restrepo was named to lead the Chile operat...
Read full storyeXp World Holdings, parent of eXp Realty, said second-quarter 2022 revenue rose 42 percent to 1.415 billion dollars. Gross profit rose 34 percent to 107.3 million dollars. Net income was 9.4 million dollars, or 6 cents per diluted share, versus 37.0 million dollars a year earlier. Adjusted EBITDA...
Read full storyeXp World Holdings said it completed the acquisition of Zoocasa Realty Inc., a Canadian digital real estate platform, with the transaction effective July 1, 2022. The company said Zoocasa would strengthen lead generation and affiliated services for eXp Realty agents in Canada, with plans to expan...
Read full storyeXp Realty said it opened brokerage operations in New Zealand, bringing its footprint to 21 markets with more than 80,000 agents worldwide. Maria Stephens was named to lead the New Zealand business. Michael Valdes, president of eXp Global, said the launch strengthened the company's Asia-Pacific p...
Read full storyeXp World Holdings, parent of eXp Realty, said first-quarter 2022 revenue rose 73 percent to a record 1.0 billion dollars. Net income was 8.9 million dollars, or 6 cents per diluted share. Adjusted EBITDA was 17.7 million dollars. Agents and brokers rose 55 percent to 78,196, closed transactions ...
Read full storyeXp Realty, the core subsidiary of eXp World Holdings, said it plans to expand real estate brokerage operations into Chile and Dubai in the United Arab Emirates. The company said the announcement followed 2022 openings in the Dominican Republic and Greece, with New Zealand expected to open later ...
Read full storyeXp Realty said it opened brokerage operations in Greece, bringing it to 20 markets and more than 77,000 agents worldwide. Nikos Manomenidis will lead the Greece business. Michael Valdes, president of eXp Global, pointed to tourism and foreign-investment demand in the Greek market. Manomenidis ha...
Read full storyeXp World Holdings, parent of eXp Realty, said full-year 2021 revenue rose 110 percent to a record 3.8 billion dollars and fourth-quarter revenue rose 77 percent to 1.1 billion dollars. Full-year net income rose 162 percent to 81.2 million dollars, or 51 cents per diluted share. Adjusted EBITDA w...
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