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, Inc. (Nasdaq: EXPI) announced a 2-for-1 stock split to enhance stock accessibility for employees and investors. Stockholders as of Jan. 29, 2021 will receive one additional share for each share held, with distribution occurring after market close on Feb. 12, 2021. Trading on a split-adjusted basis starts on Feb. 16, 2021. CEO Glenn Sanford emphasized that this move will help fuel growth and reflects the company’s ongoing success in the real estate tech sector, which includes over 42,000 agents across several countries.
eXp Realty Expands Its Canadian Operations
eXp Realty, a subsidiary of eXp World Holdings (Nasdaq: EXPI), has announced its expansion into New Brunswick and Manitoba, bringing its operations to nine Canadian provinces. Experienced leaders Lou Yerxa and Rena Prefontaine will manage these new markets. The company offers a unique financial model that allows agents to earn equity while leveraging technology to enhance their business. This expansion reflects eXp's commitment to international growth and its innovative, agent-first approach.
eXp Realty, a subsidiary of eXp World Holdings (Nasdaq: EXPI), has been recognized by Glassdoor as one of the Best Places to Work in 2021 for the fourth consecutive year. The award is based on employee feedback regarding workplace satisfaction, with eXp Realty achieving a strong overall rating of 4.7 out of 5. Notably, 94% of employees would recommend the company, and they received 4.8 stars for diversity and inclusion. Additionally, eXp leaders were included in the Swanepoel Power 200 list, highlighting their growth trajectory.
eXp Realty, a subsidiary of eXp World Holdings (Nasdaq: EXPI), will expand operations into Puerto Rico, Brazil, Italy, and Hong Kong by Q1 2021. This follows a successful 2020, where eXp grew its agent base by over 60%, totaling more than 41,000 agents across nine countries. The expansion aims to bolster eXp's global market share and introduce experienced local leaders in these new regions. eXp's unique financial model allows agents to earn equity in the company, enhancing its appeal as a cloud-based brokerage.
eXp World Holdings (Nasdaq: EXPI) announces its expansion into France, marking the final international launch of 2020. This move enhances its already extensive presence across the globe, joining countries like Australia, Canada, and the UK, with a network of over 40,000 agents. The company aims to leverage France's status as the third-largest economy in Europe, providing agents with potential financial independence through its unique real estate model and advanced technology platform powered by Virbela.
eXp World Holdings has surpassed 40,000 agents globally, marking a remarkable 60% year-over-year growth from 25,000 agents last year. This milestone highlights the company’s rapid international expansion and strong performance, as it recorded a 100% revenue increase year-over-year, amounting to $564.0 million in Q3 2020, with a net income of $14.9 million. eXp’s growth is supported by its agent-focused model and expansion into commercial real estate, alongside strategic acquisitions that position the company for continued success in 2021.
Virbela has launched The Virbela Speakeasy, a transformative virtual event space aimed at enhancing online social experiences. This immersive 3D venue accommodates thousands and hosts live performances, social events, and more. With customizable branding options and unique avatar interactions, it aims to replicate in-person events digitally. The facility will officially open on December 17 with a virtual holiday party featuring DJ Jazzy Jeff. As remote solutions grow, Virbela seeks to bridge the gap in human connection in virtual spaces.
eXp World Holdings has completed the acquisition of SUCCESS Enterprises, enhancing its technology-driven platform for the $38 billion personal development industry. This merger combines eXp’s advanced technology with SUCCESS’s established media assets, including the coveted SUCCESS.com domain. The acquisition aims to develop a cloud-based coaching ecosystem, targeting eXp's agents and SUCCESS's 4.5 million community members. CEO Glenn Sanford will lead SUCCESS, as eXp seeks to expand its value proposition and market reach in personal development.
eXp World Holdings (Nasdaq: EXPI) expands into Portugal, marking its seventh international market entry, following other countries such as Canada, Australia, and the UK. This launch is aimed at leveraging Portugal's favorable Golden Visa program to attract foreign investment. The company offers a unique business model that includes revenue share, equity programs, and advanced marketing resources. Led by Guilherme Grossman, eXp Portugal is poised to enhance real estate operations in the region.
eXp World Holdings (Nasdaq: EXPI) has announced its expansion into Mexico, marking its sixth international move under the eXp Mexico brand. This expansion includes both residential and commercial brokerage operations, aiming to tap into Mexico's vibrant real estate market, which serves a population of 126 million. eXp Realty currently operates globally with over 39,000 agents. The innovative, cloud-based model and unique compensation options aim to drive growth for agents in the country. eXp Mexico will be led by Ismael Gonzalez, a seasoned real estate professional.
