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.
BELLINGHAM, Wash., March 13, 2023 — eXp Realty announced the appointment of John Tsai as president of eXp Realty Canada, aiming to capitalize on the company’s significant growth in the region. Tsai, a top realtor with over 15 years of experience, will enhance operations and improve agent experience. The leadership team also saw Nadia Habib appointed as VP of Growth and Nathalie Goodyer as VP of Operations, both poised to drive further expansion and operational improvements across Canada. This restructuring reflects eXp's commitment to maintaining momentum in a rapidly growing market.
eXp World Holdings, Inc. (Nasdaq: EXPI) has announced the appointment of Amy Somerville as the new CEO of SUCCESS Enterprises. This strategic move aims to enhance personal and professional development services. Somerville brings extensive leadership experience, having previously served as vice president of professional development at Buffini & Company and as an executive with RE/MAX. Under her guidance, SUCCESS aims to innovate personal development offerings, fostering a collaborative community.
Founder Glenn Sanford expressed confidence in Somerville’s ability to revitalize the brand, which has a rich history of inspiring individuals since 1897.
eXp Realty, a subsidiary of eXp World Holdings (Nasdaq: EXPI), reported significant growth in its 2022 revenue share and agent equity payouts. Revenue share to agents increased by 20% to $202 million. The company issued over 2.5 million shares to agents valued at over $42.5 million. eXp Realty emphasizes its agent-centric model, which aligns agents’ interests with the company's growth, proving sustainable across varying market conditions. Since its public listing in 2013, EXPI has outperformed other real estate companies, achieving the highest market cap among publicly traded residential real estate brokerages.
eXp World Holdings, Inc. (Nasdaq: EXPI) reported a 22% increase in revenue, reaching $4.6 billion for 2022. The company introduced segment reporting for better transparency, revealing a profitable North American Realty segment. Q4 2022 revenue was $933 million, though it reported a net loss of $7.2 million for the quarter. A cash dividend of $0.045 per share for Q1 2023 was declared. CEO Glenn Sanford highlighted a strong agent-centric focus, maintaining profitability amid market challenges, while achieving a global NPS score of 73. As of year-end, cash and equivalents stood at $121.6 million with no debt.
eXp World Holdings (Nasdaq: EXPI) is set to report its fourth quarter and full-year 2022 results on February 28, 2023. The company will also host a virtual investor Q&A at 2 p.m. PT / 5 p.m. ET, featuring Glenn Sanford, CEO, and Jeff Whiteside, CFO. Investors can submit questions in advance via email. eXp World Holdings operates eXp Realty, known for its rapid growth and equity rewards program, offering real estate solutions through a cloud-based platform powered by Virbela. The company emphasizes professional development through its SUCCESS® Enterprises brand.
eXp World Holdings has appointed Peggie Pelosi to its board of directors as of January 26, 2023. This brings the total number of directors to eight, with four being independent. Pelosi is recognized for her extensive expertise in sales models and ESG strategy, which is expected to bolster the company’s agent value proposition as it continues to expand. She has a significant background in corporate social responsibility and sustainability, previously holding key positions at USANA Health Sciences and currently serving on its board. The appointment aligns with eXp's ongoing growth, with over 86,000 agents worldwide.
eXp Realty, a subsidiary of eXp World Holdings (Nasdaq: EXPI), has signed a Letter of Intent with Realty.com for exclusive services and pricing. This partnership allows eXp agents to access buyers and sellers directly in over 26,000 cities across the U.S., enhancing their competitive advantage. Services include exclusive branding, coaching, and lead support, which will be complemented by eXp's newly launched Revenos platform for additional lead generation. This collaboration exemplifies eXp's commitment to improving agent value and market success, reinforcing its position as a leading real estate brokerage.
eXp World Holdings, Inc. (Nasdaq: EXPI) announces the return of Glenn Sanford as CEO of eXp Realty, emphasizing innovation and growth amid real estate market challenges. Jason Gesing is appointed Chief Industry Relations Officer, aiming to strengthen industry ties. Sanford's leadership is expected to enhance eXp Realty's agent-centric model and drive new service offerings, including the recent acquisition of Zoocasa and the launch of Revenos, eXp Luxury, and eXp Referral Division. The company continues to expand globally, with over 86,000 agents operating in multiple countries.
eXp Realty has expanded its operations into Dubai, marking its 24th market globally and the sixth to open in 2022. This move aims to leverage Dubai's diverse economy and multicultural population, enhancing eXp Realty's presence in the Middle East. The Dubai operations will be led by Dounia Fadi, bringing over 18 years of local real estate experience. The company's innovative cloud-based platform continues to support rapid growth, boasting over 86,000 agents worldwide. eXp's commission structure incentivizes agent recruitment and production, allowing agents to earn equity through their activities.
