Monday, April 18, 2016 3:39:16 PM
A holding company for a number of businesses, eXp World Holdings, Inc. (OTCQB: EXPI) operates as a full-source real estate brokerage that provides 24/7 access to its 3D, fully-immersive cloud office environment. The Agent-Owned Cloud Brokerage™ offers collaborative tools, training, and socialization for real estate agents and brokers. The company believes that the most important aspect of any real estate brokerage is its agents and brokers. Therefore, eXp World Holdings offers a place where agents become part owners of the company while building their businesses along with unity, knowledge, and revenue inside the ‘Cloud Office Environment’.
A cloud office environment offers relevancy in a quickly advancing technological world. Real estate consumers have access to more knowledge and information, making them less likely to visit a brick and mortar real estate office. These offices are beginning to diminish as more and more professionals move toward services based online, because they understand that consumers seek easy access to real estate materials. Also, brick and mortar offices have high costs, such as utilities, insurance, rent, and staffing, making cloud-based environments that much more appealing.
Though consumers desire easy and accessible real estate listings, they still need agents, because the process of buying, selling, and finding a home remains an emotional and confusing process. Agents and brokers have valuable insights, knowledge of local markets, and the experience with negotiations. eXp World Holdings understands this, which is why thousands of consumers have already flocked to its resource searching for a perfect platform to start the process. Its agents have the expertise and experience consumers rely upon.
Since technology continues to evolve, eXp World Holdings knows the importance of embracing innovation and progression. The company offers brokers and agents the opportunity of earning equity awards for growth contributions and a revenue sharing program based on the percentage of gross commissions earned by fellow professionals brought into the company. With its business model centering on increasing listings while decreasing overhead costs for agents, eXp Holdings recorded an 84% increase in agent growth and 80% revenue growth in 2015 alone. The company intends on continuing this impressive progression through a technologically forward business strategy that helps consumers and real estate professionals alike.
For more information, visit the company’s website at http://investors.exprealty.com
Recent EXPI News
- eXp World Holdings Reports Q1 2024 Results • GlobeNewswire Inc. • 05/01/2024 08:15:00 PM
- Kendall Bonner Named Vice President of Industry Relations at eXp Realty • GlobeNewswire Inc. • 04/30/2024 04:00:00 PM
- eXp Realty Announces Strategic Leadership Changes to Enhance Global Growth • GlobeNewswire Inc. • 04/29/2024 07:00:00 PM
- Wendy Forsythe Joins eXp Realty as Chief Marketing Officer to Propel Agent-Centric Initiatives and Amplify Brand Reach • GlobeNewswire Inc. • 04/25/2024 01:00:00 PM
- eXp Realty Expands Global Network in Second Quarter, Welcoming Top Agents and Securing High Industry Honors • GlobeNewswire Inc. • 04/19/2024 04:00:00 PM
- eXp World Holdings to Announce First Quarter 2024 Results on May 1, 2024 • GlobeNewswire Inc. • 04/17/2024 07:00:00 PM
- Leading the Industry in Sides, eXp Realty Celebrates Its Agents' Remarkable Achievements With the Top Producers Lists for 2023 • GlobeNewswire Inc. • 04/16/2024 04:00:00 PM
- eXp Realty Names Leo Pareja as CEO to Drive Next Era of Growth and Innovation • GlobeNewswire Inc. • 04/05/2024 01:00:00 PM
- eXp Realty Expands Executive Team With Key Human Resources and Technology Leadership Appointments • GlobeNewswire Inc. • 03/28/2024 03:30:00 PM
- eXp Realty Leads the Pack in the RealTrends 500, Capturing Top Honors in Five Categories • GlobeNewswire Inc. • 03/22/2024 02:00:00 PM
- eXp Realty Pays More Than $230 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2023 • GlobeNewswire Inc. • 03/11/2024 07:56:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 11:35:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:40:57 PM
- Form 144/A - Report of proposed sale of securities: [Amend] • Edgar (US Regulatory) • 03/01/2024 10:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 07:46:43 PM
- eXp World Holdings Revolutionizes Real Estate Radio With "KGCI Real Estate on Air" Partnership • GlobeNewswire Inc. • 02/29/2024 02:00:00 PM
- eXp World Holdings Reports Q4 and Full-Year 2023 Results • GlobeNewswire Inc. • 02/22/2024 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 08:58:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 09:27:17 PM
- eXp World Holdings to Announce Full-Year and Fourth Quarter 2023 Results on February 22, 2024 • GlobeNewswire Inc. • 02/02/2024 05:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 02:00:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 05:30:26 PM
- eXp Luxury Solidifies Expansion Into New International Markets • GlobeNewswire Inc. • 01/18/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 07:58:08 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/12/2024 02:00:36 PM
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