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eXp Realty Names Leo Pareja as CEO to Drive Next Era of Growth and Innovation

Retrieved on: 
Friday, April 5, 2024

He succeeds Glenn Sanford, who will now fully dedicate his efforts to his position as Founder, Chairman, and CEO of eXp World Holdings.

Key Points: 
  • He succeeds Glenn Sanford, who will now fully dedicate his efforts to his position as Founder, Chairman, and CEO of eXp World Holdings.
  • In his previous role as Chief Strategy Officer, Pareja was instrumental in solidifying eXp Realty's standing in the competitive real estate marketplace.
  • His visionary leadership and remarkable track record has greatly enriched the company's value proposition to its agents.
  • For example the successful launches of strategic initiatives like eXp Exclusives , Revenos and significant enhancements to eXp Solutions .

eXp Realty Expands Executive Team With Key Human Resources and Technology Leadership Appointments

Retrieved on: 
Thursday, March 28, 2024

BELLINGHAM, Wash., March 28, 2024 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the appointment of Renee Kaspar as Executive Vice President and Chief Human Resources Officer, effective April 1, 2024. With more than two decades of experience in global talent and people management, she brings a wealth of expertise to this role.

Key Points: 
  • With more than two decades of experience in global talent and people management, she brings a wealth of expertise to this role.
  • We look forward to building eXp for the future under her guidance.”
    In alignment with eXp Realty’s vision for growth and innovation, the company has restructured its Information Technology team to further empower agents and enhance its technological capabilities.
  • Under the leadership of Sumanth Kamath as the newly named Chief Technology Officer, eXp Realty, the team will concentrate on deploying comprehensive technology solutions across the company.
  • In this capacity, he spearheads propelling eXp Realty into new markets worldwide and fortifying eXp’s presence and influence on a global scale.

eXp Realty Leads the Pack in the RealTrends 500, Capturing Top Honors in Five Categories

Retrieved on: 
Friday, March 22, 2024

3 in two categories: Volume and Billionaires’ Club.

Key Points: 
  • 3 in two categories: Volume and Billionaires’ Club.
  • The RealTrends 500 is a highly respected barometer for performance in the residential real estate sector, reflecting eXp’s commitment to excellence and a relentless pursuit of customer satisfaction.
  • The report ranks the performance of the top residential real estate brokerage firms in the U.S. each year based on prior year data.
  • This is the first time eXp has been named to the list, and it was the highest-ranked residential real estate company named.

eXp Realty Continues to Welcome Leading Agents Around the World

Retrieved on: 
Tuesday, March 19, 2024

"Our growth at eXp is a testament to our robust value proposition and the solid groundwork we provide for professional development,” said Michael Valdes, Chief Growth Officer at eXp Realty.

Key Points: 
  • "Our growth at eXp is a testament to our robust value proposition and the solid groundwork we provide for professional development,” said Michael Valdes, Chief Growth Officer at eXp Realty.
  • Ruben Luna took his 52-agent Luna Team juggernaut to even bigger heights, joining eXp Realty in January 2024.
  • Since introducing eXp Exclusives in October 2023, this cutting-edge platform now boasts 10,000 eXp Realty agents with more joining every day creating access to a vast network of on- and off-market listings for eXp agents and their clients.
  • With this integration, eXp agents will be able to request a cash offer on qualifying homes on behalf of their clients directly through the eXp agent dashboard.

eXp Realty Pays More Than $230 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2023

Retrieved on: 
Monday, March 11, 2024

The company paid agents and brokers over $230 million in revenue share and equity benefits in 2023.

Key Points: 
  • The company paid agents and brokers over $230 million in revenue share and equity benefits in 2023.
  • Revenue share and equity paid to agents and brokers highlight eXp Realty's steadfast dedication to fostering agent growth and success through innovative compensation structures:
    Revenue share to agents was $197.9 million in 2023.
  • Through its innovative agent growth incentive program, eXp World Holdings issued approximately 2.22 million EXPI shares to eXp Realty agents and brokers in 2023, with an estimated value of approximately $34.7 million, showcasing a commitment to agent ownership and wealth-building opportunities.
  • Despite market challenges, eXp Realty continued to lead by distributing an unparalleled amount of profit/revenue share and equity benefits to agents and brokers, more than any other real estate brokerage model or platform.

eXp World Holdings Revolutionizes Real Estate Radio With "KGCI Real Estate on Air" Partnership

Retrieved on: 
Thursday, February 29, 2024

BELLINGHAM, Wash., Feb. 29, 2024 (GLOBE NEWSWIRE) --  eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced a partnership with “KGCI Real Estate on Air,” an online streaming radio channel.

Key Points: 
  • BELLINGHAM, Wash., Feb. 29, 2024 (GLOBE NEWSWIRE) --  eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced a partnership with “KGCI Real Estate on Air,” an online streaming radio channel.
  • "KGCI Real Estate on Air is a complete game-changer for our industry," said Bryon Ellington, Chief Learning Officer, eXp Realty.
  • KGCI Real Estate on Air features daily broadcasting, and is designed to build community and provide guidance to agents.
  • "As an agent, I can tell you KGCI Real Estate on Air is exactly what we need in the real estate industry today," says Monica Weakley, another top-performing agent at eXp Realty and member of eXp World Holdings Board of Directors.

eXp World Holdings Reports Q4 and Full-Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Full-year net loss of $(9.0) million in 2023 with net loss of $(21.2) million in the fourth quarter of 2023.

Key Points: 
  • Full-year net loss of $(9.0) million in 2023 with net loss of $(21.2) million in the fourth quarter of 2023.
  • Full-year loss per diluted share of $(0.06) in 2023 with a loss per diluted share of $(0.14) in the fourth quarter of 2023.
  • The Company will hold a virtual fireside chat and investor Q&A with eXp World Holdings Founder and CEO Glenn Sanford, eXp Realty Chief Strategy Officer Leo Pareja and eXp World Holdings Principal Financial Officer Kent Cheng on Thursday, Feb. 22, 2024 at 2 p.m. PT / 5 p.m.
  • The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its companies.

eXp Realty Continues to Welcome Top Talent Around the World

Retrieved on: 
Friday, February 16, 2024

"This year is shaping up to be an exciting year for eXp Realty as we continue to experience strong growth,” said Michael Valdes, Chief Growth Officer at eXp Realty.

Key Points: 
  • "This year is shaping up to be an exciting year for eXp Realty as we continue to experience strong growth,” said Michael Valdes, Chief Growth Officer at eXp Realty.
  • Justin Havre moved his 60-agent Justin Havre Real Estate Team, Canada’s #1 RE/MAX team for five straight years, to eXp Realty.
  • The Hub Real Estate and its founders, Shaun Dolon and Philip Hofeling, moved their 32-agent Colorado team to eXp Realty.
  • These recent additions and achievements highlight eXp Realty's commitment to attracting top talent and providing a supportive and innovative platform for its agents to thrive.

Managing the transition to central bank digital currency

Retrieved on: 
Wednesday, February 14, 2024

Key Points: 

    The CAZA® Group Joins Forces with The Global Agent Investment Network (GAIN) Powered by GRID® and Brokered by eXp Realty®

    Retrieved on: 
    Saturday, February 3, 2024

    RESTON, Va., Feb. 2, 2024 /PRNewswire-PRWeb/ -- The CAZA® Group is proud to announce its recent partnership with The Global Agent Investment Network (GAIN), a dynamic collaboration powered by GRID® and brokered by eXp Realty®. This strategic alliance marks a significant milestone for both organizations as they join hands to revolutionize the real estate industry.

    Key Points: 
    • The CAZA® Group is partnering with GAIN, a collaboration that is powered by GRID® and brokered by eXp Realty®.
    • RESTON, Va., Feb. 2, 2024 /PRNewswire-PRWeb/ -- The CAZA® Group is proud to announce its recent partnership with The Global Agent Investment Network ( GAIN ), a dynamic collaboration powered by GRID® and brokered by eXp Realty® .
    • This strategic alliance marks a significant milestone for both organizations as they join hands to revolutionize the real estate industry.
    • The CAZA® Group, known for its commitment to excellence and client satisfaction, is excited to align itself with GAIN.