Company announcements, direct sales updates and archived press coverage associated with eXp Realty.
eXp Realty, the core subsidiary of eXp World Holdings, said it opened brokerage operations in the Dominican Republic. The company said it then operated in 19 countries with more than 73,000 agents worldwide. Marbel Lugo was named to lead the Dominican Republic business. Michael Valdes, president ...
Read full storyeXp 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, an...
Read full storyeXp World Holdings, the parent of eXp Realty, reported third quarter revenue of 1.110 billion dollars, up 97 percent and a record. Gross profit rose 70 percent to 79.5 million dollars. Net income rose 60 percent to 23.8 million dollars, including a 12.9 million dollar income-tax benefit. Diluted ...
Read full storyeXp World Holdings said eXp Realty expanded into Germany under the eXp Germany banner. The company said it then operated in 18 countries and territories with more than 62,000 agents. Michael Valdes, president of eXp Global, said Germany is a large European real estate market and a next step after...
Read full storyeXp World Holdings reported second-quarter revenue of about 1.0 billion dollars, up 183 percent from a year earlier. Gross profit rose 133 percent to 79.9 million dollars. Net income rose 350 percent to 37.0 million dollars, including a 20.6 million dollar income-tax benefit. Diluted earnings wer...
Read full storyeXp World Holdings said eXp Realty had passed 60,000 agents worldwide. That was an 85 percent increase from 32,403 agents in July 2020. Jason Gesing, chief executive of eXp Realty, said the gain came from the agent-centered model, financial incentives, and cloud-based technology and training. The...
Read full storyeXp World Holdings said eXp Realty expanded into Panama under the eXp Panama banner. The company said it then operated in 17 countries and territories with more than 59,000 agents. Michael Valdes, president of eXp Global, called the opening a step in the Caribbean and Latin America region and poi...
Read full storyeXp Realty said it opened eXp Spain and planned to expand into Germany, Panama, and Japan in the third quarter of 2021. After earlier 2021 launches in Puerto Rico, Brazil, Italy, Hong Kong, and Colombia, the company said it would be in 19 countries by the end of the third quarter. The platform th...
Read full storyeXp World Holdings reported first-quarter revenue of 583.8 million dollars, up 115 percent from a year earlier. Gross profit rose 91 percent to 53.5 million dollars. Net income rose to 4.8 million dollars from 0.1 million dollars. Adjusted EBITDA rose 159 percent to 14.8 million dollars. Operatin...
Read full storyeXp World Holdings said eXp Realty expanded into Colombia under the eXp Colombia banner. The company said it then operated in 14 countries and territories with more than 50,000 agents worldwide. Michael Valdes, president of eXp Global, said interest in the Colombia launch was strong and pointed t...
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