Welcome to our dedicated page for Exp World Holdin news (Ticker: EXPI), a resource for investors and traders seeking the latest updates and insights on Exp World Holdin stock.
eXp World Holdings (EXPI) operates a pioneering cloud-based real estate brokerage model supported by immersive technology solutions. This page aggregates official press releases and verified news about the company's financial performance, strategic partnerships, and technological advancements in property transactions.
Investors and industry professionals will find timely updates on earnings reports, market expansions, and innovations like virtual collaboration tools. The curated collection serves as a reliable resource for tracking EXPI's growth in global real estate markets and its agent-centric digital ecosystem.
Content spans operational developments, technology launches, leadership changes, and regulatory filings. All materials are sourced directly from company communications or reputable financial publications to ensure accuracy.
Bookmark this page for streamlined access to EXPI's evolving story in real estate technology. Check back regularly for updates that could impact market understanding of this innovative brokerage platform.
eXp World Holdings (Nasdaq: EXPI) has appointed Jairek Robbins as president of SUCCESS Enterprises, marking a new era as the company celebrates its 125-year anniversary. Robbins, a noted coach and speaker, aims to enhance personal and professional development through SUCCESS's innovative media and coaching platforms. His experience includes training for prestigious institutions and organizations such as Harvard and the U.S. military. The announcement aligns with eXp's vision to empower professionals, leveraging advanced technology for impactful growth solutions.
eXp Realty announced plans to expand its brokerage operations into the Dominican Republic, Greece, and New Zealand in Q1 2022. This follows a successful launch in nine markets in 2021, bringing its total presence to 21 countries. eXp Realty experienced a remarkable 97% revenue growth to a record $1.1 billion in Q3 2021. The expansion aims to enhance its strategic footprint across various regions, addressing high market demand and capitalizing on local economic growth. The company plans to hire leaders in each new market to drive local operations.
eXp World Holdings announces that Glenn Sanford and Jason Gesing have been recognized as the 2nd and 31st most powerful leaders in the residential real estate industry, respectively, according to the 2022 Swanepoel Power 200 list. Sanford has shown impressive rankings over the years, rising from No. 190 in 2014 to No. 2 in 2022. eXp Realty continues to grow rapidly, boasting over 72,000 agents globally and a market cap exceeding $11 billion, surpassing major competitors. This recognition reflects the company's performance and the commitment of its agents and staff.
eXp Realty has surpassed 70,000 agents globally, marking a 69% increase from 41,313 agents at the start of 2021. This milestone follows a record third quarter in which the company saw revenue increase by 97% to $1.1 billion and gross profit rise by 70% to $79.5 million. The company's expansion into nine new international markets and its focus on agent satisfaction, indicated by a Net Promoter Score of 69, further solidify its position as the fastest-growing real estate brokerage worldwide.
eXp World Holdings announces that CEO Glenn Sanford and CFO Jeff Whiteside will participate in a fireside chat at the 23rd Annual Stephens Investment Conference on Dec. 1, 2021. The event will be held at the Omni Hotel in Nashville, Tennessee, from Dec. 1-3. The fireside chat, moderated by analyst John Campbell, will take place at 11 a.m. ET. This engagement highlights eXp's rapid growth, boasting over 69,000 agents across multiple countries. For further details, visit eXp World Holdings.
eXp Realty successfully concluded its largest annual event, EXPCON 2021, with over 8,500 attendees, combining in-person and virtual participation. The event showcased prominent industry speakers, including Venus Williams and Grant Cardone, focusing on agent growth and development.
Notably, eXp agents earned $48.7 million in revenue share for Q3 2021, a 72% increase from Q3 2020, bringing year-to-date revenues to $124.3 million, marking a 90% increase overall.
eXp World Holdings (EXPI) reported Q3 2021 results with revenue soaring 97% year-over-year to a record $1.1 billion, attributed to an 82% increase in agent growth. Gross profit rose 70% to $79.5 million, while net income increased by 60% to $23.8 million. The company declared a Q4 cash dividend of $0.04 per share, payable on Nov. 29, 2021. eXp Realty expanded its agent count to 65,269 and completed 130,029 residential transactions, marking a 72% increase. The firm also established a new residential lending joint venture and expanded into Panama and Germany.
eXp Realty has been honored as the 2021 Inman Innovator Brokerage of the Year at the Inman Connect conference in Las Vegas. This recognition highlights eXp's commitment to technology and its unique business model, which focuses on enhancing productivity and transparency for real estate professionals and consumers. The firm, part of eXp World Holdings (Nasdaq: EXPI), has over 67,000 agents globally and continues to innovate with projects like the eXp Innovation Hub and a new joint venture with Kind Lending to improve real estate experiences.
eXp Realty, part of eXp World Holdings (Nasdaq: EXPI), is excited to host its 12th annual EXPCON event in Las Vegas from Nov. 9-11, 2021. Esteemed guests include tennis champion Venus Williams, Emmy winner Mario Lopez, and entrepreneurs Glenn Stearns and Grant Cardone. The event will focus on education, networking, and insights from top-producing agents. Participants can attend in person or virtually via eXp World. Additional highlights include a partnership with New Story and a live DJ set by DJ Jazzy Jeff.
