Welcome to our dedicated page for eXp World Holdings news (Ticker: EXPI), a resource for investors and traders seeking the latest updates and insights on eXp World Holdings stock.
eXp World Holdings, Inc. (Nasdaq: EXPI) is a leading provider of cloud-based real estate brokerage services, connecting home buyers and sellers across the United States, Canada, the United Kingdom, Australia, South Africa, Portugal, France, Mexico, and India. Through its platform, exprealty.com, the company offers real-time property listings and enables sellers to list their properties seamlessly. This innovative approach is coupled with a network of highly skilled and consumer-centric agents and brokers.
eXp World Holdings, Inc. also owns Virbela, a virtual reality software platform aimed at enhancing education and team development across various industries, including government and retail. The company has further innovated with eXp World, a cloud campus providing real estate agents and employees with access to collaborative tools, training, and social opportunities.
In addition to its core real estate brokerage, eXp World Holdings provides comprehensive marketing, training, and support services to its brokers and agents through its proprietary technology. The company's diverse offerings include real estate brokerage, technology products and services, title, escrow, settlement services, and mortgage brokerage services.
Recent developments highlight the company's ongoing commitment to its agent-centric model. Despite challenging market conditions, eXp World Holdings reported a significant year-over-year increase in Adjusted EBITDA growth by 53% in the third quarter of 2023. This was driven by a focus on increasing agent Net Promoter Scores (aNPS) and expanding market share. The company has introduced several programs such as Boost, Accelerate, Thrive, and eXp exclusives, alongside partnerships with Opendoor and HomeRiver Group, to empower agents and drive revenue-generating opportunities.
Moreover, the company continues to see international growth with new partnerships, such as the one with HomeHunter Global. Financially, eXp World Holdings maintains a strong cash flow profile, enabling ongoing investments in agent success and shareholder returns through share repurchases and cash dividends.
For more detailed updates and further information, visit the official eXp World Holdings website.
eXp Realty, a global real estate brokerage under eXp World Holdings (Nasdaq: EXPI), announced its expansion into Chile and Dubai.
This follows the successful launch of nine new markets in 2021, raising their operational territories to 23, including recent entries in the Dominican Republic and Greece.
eXp Realty's President, Michael Valdes, noted that these expansions target significant growth opportunities in the EMEA and CALA regions, enhancing their market share and economic model for agents.
eXp World Holdings, Inc. (Nasdaq: EXPI) will announce its first quarter 2022 financial results on May 4, 2022, prior to market opening. Following the release, a virtual fireside chat and investor Q&A will take place at 7:30 a.m. PT / 10:30 a.m. ET, featuring key executives including Founder Glenn Sanford and CFO Jeff Whiteside. This event aims to engage current and potential investors, offering insights into the company's performance and strategic direction.
eXp World Holdings (Nasdaq: EXPI) announced the eighth annual eXp Shareholder Summit, scheduled for June 19-21, 2022, at the Rosen Shingle Creek Hotel in Orlando, Florida. Keynote speaker Jay Shetty will present on June 20. The summit will feature company updates, a real estate certification course, an EXPO Hall with over 40 booths, and a wellness event. Attendees can interact with company leadership and learn about eXp's growth in the real estate market, which now boasts over 79,000 agents globally.
Virbela has launched a redesigned virtual campus and advanced avatar system, along with native Zoom integration, enhancing remote work experiences. This platform aims to foster collaboration and community among global businesses, allowing users to customize their environments and avatars. CEO Jason Gesing highlighted that Virbela is a pivotal asset for eXp Realty, which operates entirely in a virtual world. The updates support thousands of concurrent users and will be available to customers soon, following their introduction at the inaugural Hands In 2022 community summit.
eXp Realty has expanded into Greece, marking its 20th market globally and enhancing its international presence. With over 77,000 agents worldwide, eXp Realty aims to tap into Greece's vibrant real estate sector, driven by tourism and foreign investments. Nikos Manomenidis will lead operations in Greece, bringing extensive experience in both residential and commercial real estate. eXp Realty's cloud-based model offers competitive commissions, a revenue share system, and opportunities for agents to earn equity. The company has also expanded into the Dominican Republic and plans to enter New Zealand next.
eXp Realty has been designated as the exclusive brokerage for Bundle Select, a platform providing real estate benefits. This partnership will enhance service for Bundle Select's network of 250 companies and 6.8 million employees, facilitating seamless real estate transactions. eXp Realty's relocation team aims to support these employees with comprehensive real estate services. The goal is to expand the service to 32 million employees by 2023 and 50 million by 2025, leveraging eXp's innovative technology and extensive agent network.
eXp Commercial, part of eXp World Holdings (Nasdaq: EXPI), will hold its Commercial Real Estate Symposium on April 25-26, 2022, in the eXp Commercial Campus metaverse. The free event aims to connect industry leaders to discuss big data, pandemic impacts, international opportunities, and cryptocurrency in commercial real estate. Featured speakers include experts from Red Shoe Economics, Shark Tank, and Virbela. Attendees can register online for insights into evolving real estate trends and strategies.
eXp World Holdings, the parent company of eXp Realty, announced that CEO Glenn Sanford and CFO Jeff Whiteside will participate in a fireside chat on March 3, 2022, at the 2022 Wedbush Real Estate Technology Conference.
The event, moderated by equity research analyst Ygal Arounian, starts at 9 a.m. ET. For those interested, the webcast is available at this link.
FAQ
What is the current stock price of eXp World Holdings (EXPI)?
What is the market cap of eXp World Holdings (EXPI)?
What services does eXp World Holdings, Inc. offer?
What is eXp Realty?
What is Virbela?
What is eXp World?
Which countries does eXp World Holdings operate in?
How does eXp World Holdings support its agents?
What recent achievements has eXp World Holdings made?
What are the financial highlights of eXp World Holdings?
How can I get more information about eXp World Holdings?
Does eXp World Holdings have any partnerships?
