Small-Cap Investor Forum

[MissionIR]

MissionIR Exclusive Audio Interview With eXp Realty International Corp. (EXPI) Chief Executive Officer

MissionIR today announces the online availability of its interview with Glenn Sanford, CEO and founder of eXp Realty International Corp. (OTCQB: EXPI), which, as previously announced, is changing its name to eXp World Holdings, Inc. to reflect its achievements and growth initiatives discussed in the interview. The interview can be heard at http://www.QualityStocks.net/interview-expi.php.

EXPI is the holding company for several businesses, including eXp Realty LLC, the Agent-Owned Cloud Brokerage™, a full-service real estate brokerage utilizing a 3D, fully immersive, cloud office environment that provides around-the-clock access to collaborative tools, training, and socialization for real estate brokers and agents.

Sanford begins the interview with further insight into this structure, the company’s broader business strategy in the residential real estate space, and its growing presence in 35 U.S. states and two Canadian provinces.

Much of this growth is largely attributed to the company’s revenue sharing program and innovative virtual platform, which replaces the need for a traditional real estate office. By reducing its bricks and mortar footprint, EXPI is able to share its revenues with agents and brokers who contribute to corporate growth.

As of March 31, 2016, EXPI had grown its agent base to more than 1,100 members, representing 100% agent growth in a single year, along with correlating revenue and cash flow.

“Agents and brokers have a great split, because obviously we don’t have the overhead. But we also pass on the different initiatives – revenue share being one of them, and the other one being a stock ownership initiative … that’s really created a big catalyst for growth,” says Sanford.

Another stimulant for EXPI’s growth is a strong management team. Sanford first describes his extensive background as a long-time entrepreneur before describing the skills and experience of several other powerhouse members of the company’s leadership.

After recapping several of EXPI’s 2015 milestones, Sanford wraps up the interview by discussing the company’s goals for 2016.

“The biggest goal is just really to build infrastructure to support the growth … that’s a lot of people to assimilate in the organization and make part of the culture of the organization, and then all the tools and systems that need to be in place to support all of them,” he says. “If we keep on doing what we’re doing … we should easily end up in excess of 1,800, maybe 2,000 agents this year … if we hit those numbers then we really, in 2017, should be in the 3,500 agent range. If you work that into the revenue side of it … this year we should do in excess of $40 million in revenue … so we’re really excited about the growth.”

For more information, visit the company’s website at http://investors.exprealty.com