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 has surpassed 50,000 agents globally, marking a remarkable 75% year-over-year growth compared to 28,449 agents in Q1 2020. This milestone follows a record 2020 where revenue grew 84% to $1.8 billion. The company expanded into five new international markets and was recognized as a top workplace by Glassdoor. With innovative technology and an agent-centric model, eXp continues to attract talent in the real estate sector, aiming for even further global presence by Q2 2021.
eXp World Holdings (Nasdaq: EXPI) has expanded its operations into Hong Kong, enhancing its status as one of the fastest-growing real estate companies globally. This expansion adds to its presence in 11 other countries, totaling over 50,000 agents worldwide. Led by Michael Valdes, eXp aims to leverage Hong Kong's dynamic market for real estate professionals. The local brokerage will be managed by Kingly Choi, boasting over 15 years of experience. This move is part of eXp's broader expansion strategy, which includes entering additional markets in 2021.
eXp World Holdings, operating under EXPI, has expanded its real estate services into Italy, marking a significant growth step in continental Europe. This expansion adds to its presence in over 10 countries globally, with more than 49,000 agents. Led by Michael Valdes, the company aims to cater to the resilient Italian market, particularly in major cities. The move capitalizes on the digital transformation of the real estate sector, offering a cloud-based model that benefits agents through innovative solutions and income opportunities.
eXp Realty plans to expand its operations into Colombia, Spain, and Israel by the end of June 2021. This follows successful launches in Puerto Rico and Brazil earlier this year, bringing the total to 16 countries. The company, which has seen a growth of over 60% in its agent base, now boasts more than 48,000 agents. eXp's President, Michael Valdes, highlighted the potential of these new markets and the strategic expansion into EMEA and CALA regions, driven by a unique financial model and a cloud-based brokerage platform.
eXp World Holdings (Nasdaq: EXPI) reported a record revenue increase of 84% in 2020, reaching $1.8 billion with a net income exceeding $31 million, marking the company's most profitable year. In Q4 alone, revenue surged 122% to $609.3 million, and net income rose 85% to $7.7 million. Agent count grew 63% to 41,313, and residential transaction volume increased 89% annually. The company expanded internationally, launching in five new countries and establishing plans for further expansion.
eXp World Holdings (Nasdaq: EXPI) announced preliminary 2020 financial results, reporting a record revenue of approximately $1.8 billion, up 84% from 2019. The fourth quarter revenue is expected to increase 122% to around $609 million, with net income rising 885% to approximately $7.7 million. The number of agents on the platform grew 63% to 41,313. The company attributes growth to its cloud-based platform and successful acquisition of SUCCESS Enterprises. A detailed report will be presented on March 11, 2021.
eXp World Holdings, the parent company of eXp Realty, announced that CEO Glenn Sanford and CFO Jeff Whiteside will present at the JMP Securities Technology Conference on March 2, 2021. The virtual presentation will occur at 10 a.m. PT / 1 p.m. ET. Registration is required for participation, and a live webcast will be available. eXp World Holdings is rapidly expanding, boasting over 46,000 agents globally and offering unique opportunities for real estate professionals to earn equity awards. For more details, visit the company’s website.
eXp World Holdings (Nasdaq: EXPI) has officially expanded into South America with the launch of eXp Brazil. This marks a significant growth milestone for the company, known as one of the fastest-growing real estate firms globally. Leading the Brazilian venture are seasoned professionals, including Ernani Assis, who will oversee brokerage operations in major cities like Sao Paulo and Rio de Janeiro. Brazil, the eighth-largest economy, presents a favorable market for eXp Realty’s innovative model, which empowers agents through robust training and potential equity earnings.
Virbela has announced a partnership with The Douglas Stewart Company to enhance virtual education. This collaboration aims to create immersive virtual campuses for nearly 5,000 colleges and universities, as well as 132,000 K-12 schools across the U.S. With 65% of households with students engaged in distance learning due to the pandemic, this initiative addresses the need for better engagement and connectivity. The partnership will leverage Virbela's technology to provide realistic classrooms and interactive lessons, improving student participation and fostering social relationships.
eXp World Holdings (Nasdaq: EXPI) has officially expanded into Puerto Rico, marking its first strategic move in the Caribbean. The company now operates in 10 international locations, including Australia, Canada, and the UK, amassing over 43,000 agents globally. President Michael Valdes highlighted Puerto Rico's favorable tax incentives and its potential for growth in real estate. eXp Realty offers agents a unique financial model, allowing them to earn equity and additional income through company revenue growth. The Puerto Rico operations will be led by seasoned real estate expert Ivelisse Lopez.
