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eXp World Holdings Promotes Seth Siegler to Lead eXp's New Real Estate Services Tech Hub

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eXp World Holdings (Nasdaq: EXPI) has appointed Seth Siegler as Vice President of Technology Innovation & Real Estate Services, aiming to enhance support for agents and customers. Siegler, with nearly 20 years in real estate tech, previously led the development of eXp's iBuyer program and several other technology initiatives. His role focuses on scaling the innovation department and introducing new products, with a strong emphasis on agent-centric technology. eXp Realty is recognized as one of the fastest-growing real estate companies globally, boasting over 58,000 agents across various countries.

Positive
  • Appointment of Seth Siegler as VP of Technology Innovation indicates a strategic push towards enhancing technological offerings.
  • Siegler's past achievements, including the development of the iBuyer program and lead generation tools, signal potential for future innovations.
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eXp Continues to Focus on High-tech Real Estate Products and Solutions to Enhance Agents' Continued Success

BELLINGHAM, Wash., July 12, 2021 (GLOBE NEWSWIRE) -- eXp World Holdings (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, has elevated Seth Siegler to the company’s new role of Vice President, Technology Innovation & Real Estate Services. Siegler will help scale eXp Realty’s innovation and technology department to better serve agents, brokers and customers.

Previously, Siegler oversaw the development of eXp’s iBuyer program, “ExpressOffers,'' developed the technology for lead distribution and enhanced internal processing tools, such as My eXp, a web app for eXp agents to help monitor and track their real estate transactions.

“Technology matched with an agent-centric focus is what sets eXp Realty apart,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “Working with Seth, I have witnessed his significant contributions to the company and our success. The products and services he has created have already made an impact including the development of our iBuyer program and our recently-launched lead generation platform, SUCCESS® Experts. He has a host of other products in the pipeline for 2021.”

Siegler has nearly 20 years of experience building products and companies in the real estate industry. He is a three-time Inman Innovator Award finalist, as a result of several innovative software inventions. He is also a standout developer, with frequent accolades during industry hackathons where some products even earned a place in the market such as Curb Call.

"I originally joined eXp because of its clear-to-see appetite for changing the way this business works, for the better,” said Siegler. “Getting the opportunity to further that mission by developing deeply innovative and novel technology for the company and its agents is a dream come true.”

As a serial startup founder, including two exits, Siegler has experience building companies that deliver meaningful technology. He has participated in the development of several software technology patents and continues to create products that improve the real estate transaction for agents and consumers.

About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, Virbela, Showcase IDX and SUCCESS Enterprises. 

eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 58,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain and Israel, and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive.

For more information, visit https://expworldholdings.com.

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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com 

Investor Relations Contact:
MZ Group – MZ North America
investors@expworldholdings.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/023de0e8-dbde-4796-9872-5c92c6a73c31


FAQ

What recent leadership change occurred at eXp World Holdings (EXPI)?

Seth Siegler has been appointed as Vice President of Technology Innovation & Real Estate Services.

What is the role of Seth Siegler at eXp Realty?

Seth Siegler will help scale eXp Realty’s innovation and technology department.

How many agents does eXp Realty have globally?

eXp Realty has over 58,000 agents across multiple countries.

What has Seth Siegler developed at eXp before his new role?

He developed the iBuyer program 'ExpressOffers' and a lead generation platform called SUCCESS® Experts.

What is the main focus of eXp World Holdings as reported?

The main focus is on enhancing high-tech real estate products and solutions for agents.

eXp World Holdings, Inc.

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