June 5

eXp Realty now has over 70,000 real estate agents worldwide.

Fastest-growing real estate

eXp Realty, the world’s fastest-growing real estate brokerage and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced today that it has surpassed 70,000 agents worldwide, a 69 percent increase from 41,313 agents at the start of 2021. The achievement comes after a record third quarter in 2021, when revenue grew 97 percent to $1.1 billion and gross profit grew 70 percent to $79.5 million, compared to the same quarter in 2020.

Innovation Estate

Our agent-centric approach and continual innovation have allowed us to continue adding real estate professionals to the eXp Realty platform in greater numbers every year,” said Glenn Sanford, eXp World Holdings’ Founder, Chairman, and CEO. “As the world’s fastest-growing real estate brokerage, we’ll look to improve the agent value proposition in order to maintain our eXponential growth in the future.

Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, and Germany are among the nine new foreign locations eXp Realty will open in 2021. eXp also launched SUCCESS® Loan, LLC, a residential lending joint venture with Kind Lending, LLC, as well as the eXp Innovation Hub, a collaborative space to develop services and capabilities that benefit eXp Realty agents on a daily basis. Because of the company’s intensive focus on the agent experience, eXp concluded the third quarter of 2021 with a global Net Promoter Score of 69, a measure of agent satisfaction.

The holding corporation for eXp Realty®, Virbela, and SUCCESS® Enterprises is eXp World Holdings, Inc. (Nasdaq: EXPI).

With over 70,000 agents throughout the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, and Germany, eXp Realty is the world’s fastest-growing real estate organization. eXp World Holdings, as a publicly traded corporation, offers real estate professionals the unique opportunity to earn stock rewards for meeting production objectives and contributing to overall company growth.


eXp World Holdings and its subsidiaries provide a full range of brokerage and real estate technology services, including an innovative residential and commercial brokerage model, professional services, collaboration tools, and personal development opportunities. Virbela, an immersive 3D platform that is intensely social and collaborative, powers the cloud-based brokerage, allowing agents to be more engaged and productive. SUCCESS Enterprises, a renowned personal and professional development brand, and journal, was founded in 1897 and is anchored by SUCCESS magazine and its affiliated media platforms.

Sources: GlobeNewswire

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Posted June 5, 2022 by Tom in category "Business

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