eXp Realty Celebrates 80,000 Actual Property Brokers as Brokerage Continues Worldwide Enlargement


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Milestone Represents Continued Development as Firm Expects to Surpass 100,000 Brokers in 2022

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Glenn Sanford to Converse As we speak at Inman Join New York on the Deserves of Development-Oriented, Accessible Management

BELLINGHAM, Wash., April 20, 2022 (GLOBE NEWSWIRE) — eXp Realty®, the fastest-growing world actual property brokerage and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), at present introduced it has exceeded 80,000 brokers globally, representing a rise of fifty% when in comparison with 53,379 brokers in April 2021.

Additionally at present, Glenn Sanford, Founder, CEO and Chairman of eXp World Holdings, will take the stage at Inman Join New York to speak in regards to the accessible management traits that underpinned eXp’s success as essentially the most agent-centric actual property brokerage on the planet.

“My imaginative and prescient when founding eXp was to create and repeatedly iterate our agent worth proposition. That is realized via accessible and agile management to ship on the wants of our brokers, brokers and their prospects,” stated Sanford. “I’m proud that actual property brokers are shifting to eXp in larger numbers as a result of they see the worth of our cloud-based enterprise mannequin that champions group, inclusion and private progress. By persevering with on this progress trajectory in 2022, we anticipate to be 100,000 brokers robust this 12 months.”

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Within the first quarter of 2022, eXp Realty has been acknowledged by a number of prime business rankings for its progress, management and tradition, proving that the eXp mannequin is resonating with top-producing brokers. Within the T3 Sixty 2022 Actual Property Almanac report, eXp Realty ranked because the No. 1 progress chief in year-over-year gross sales quantity, transaction sides and agent rely. eXp Realty was additionally named No. 1 Impartial, No. 1 Mover in Transactions, No. 1 Mover in 5-Yr Gross sales Quantity Share within the 2022 RealTrends 500 Report, in addition to No. 3 among the many High 50 Brokerages for residential dwelling gross sales within the U.S. within the 2022 RISMedia Energy Dealer Report.

Following are among the current groups and brokers who’ve joined eXp Realty within the second half of 2021 and early 2022:

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  • Sebastiano Formica and the Formica Group in San Antonio, Texas
    Sebastiano Formica, chief of the Formica Group, and his crew of eight brokers joined eXp Realty in April 2022. In 2021, the crew closed 193 transactions for $60 million.
  • Constance Carter and Catalyst Actual Property Professionals in Stockton, California
    Constance Carter, dealer, founder and CEO of Catalyst Actual Property Professionals, and her crew of 45 actual property brokers joined eXp Realty in March 2022. In 2021, the crew closed 235 transactions for $100 million.
  • Pasquale Cataldi and Altus Actual Property in Florence, Italy
    Pasquale Cataldi, a co-founder of Altus Actual Property, one of many principal gamers within the Italian luxurious actual property market, joined eXp Realty in March 2022. In 2021, the crew closed 160 transactions for $217 million.
  • Ibrahim Hussein and Affinity Actual Property in Kitchener, Ontario
    Ibrahim Hussein, founding father of Affinity Actual Property, and his crew of 24 brokers joined eXp Realty in March 2022. In 2021, the crew closed 389 transactions for $222 million.
  • Jürgen Klarić in Orlando, Florida
    Jürgen Klarić, an actual property, enterprise and human conduct influencer with greater than 8 million followers, joined eXp Realty in March 2022. In 2017, he was acknowledged for promoting 77 residences in 20 hours.
  • Derrick Chan in Mississauga, Ontario
    Derrick Chan and his crew of seven joined eXp Realty in January 2022. In 2021, the crew closed 99 transactions for greater than $52 million.
  • Jay D’Alessandro and Jin Yon of Debbie Dogrul Associates in Fairfax, Virginia
    Jay D’Alessandro, crew proprietor and Jin Yon, managing accomplice of Debbie Dogrul Associates, introduced their 33-agent crew to eXp Realty in January 2022. In 2021, the crew closed 605 transactions for $388 million.
  • Richard Duggal in Toronto, Ontario
    Richard Duggal, a top-ranked actual property agent and actual property coach, introduced his crew of 10 brokers to eXp Realty in January 2022. In 2021, the crew closed 142 transactions for $70 million.
  • Jeff Meyer in Victoria, British Columbia
    Jeff Meyer and his crew of six actual property brokers joined eXp Realty in January 2022. In 2021, the crew closed 113 transactions for over $48 million in gross sales.
  • Mike Nelson and Integrity Dwelling Group in Firestone, Colorado
    Mike Nelson, founding father of Integrity Dwelling Group, and his crew of 15 actual property brokers joined eXp Realty in January 2022. In 2021, the crew closed 187 transactions for $74 million.
  • Naydette Rodriguez and Nomad Property Administration in San Juan, Puerto Rico
    Naydette Rodriguez, president of Nomad Property Administration, and her crew of six actual property brokers joined eXp Realty in January 2022. She transferred to the true property business in 2020 after 20 years in company gross sales and closed 17 transactions for $1.5 million as a brand new actual property agent in 2021.
  • Alicia LeDoux and Elias Medina, co-owners of L&M Realty Group in Albuquerque, New Mexico
    Alicia LeDoux, Elias Medina, Lucia Medina and Justin LeDoux and their crew of 34 brokers joined eXp Realty in December 2021. In 2021, the crew closed 440 transactions for greater than $130 million.

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About eXp World Holdings, Inc.

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

eXp Realty is the fastest-growing actual property firm on this planet with greater than 80,000 brokers in the USA, Canada, the UK, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, the Dominican Republic and Greece and continues to scale internationally. As a publicly traded firm, eXp World Holdings supplies actual property professionals the distinctive alternative to earn fairness awards for manufacturing objectives and contributions to total firm progress. eXp World Holdings and its companies supply a full suite of brokerage and actual property tech options, together with its progressive residential and industrial brokerage mannequin, skilled providers, collaborative instruments and private growth. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that’s deeply social and collaborative, enabling brokers to be extra linked and productive. SUCCESS Enterprises, anchored by SUCCESS journal and its associated media properties, was established in 1897 and is a number one private {and professional} growth model and publication.

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For extra data, go to https://expworldholdings.com.

Protected Harbor Assertion

The statements contained herein might embody statements of future expectations and different forward-looking statements which are primarily based on administration’s present views and assumptions and contain recognized and unknown dangers and uncertainties that would trigger precise outcomes, efficiency or occasions to vary materially from these expressed or implied in such statements. Such forward-looking statements converse solely as of the date hereof, and the corporate undertakes no obligation to revise or replace them. These statements embody, however will not be restricted to, statements in regards to the continued progress of our agent and dealer base; enlargement of our residential actual property brokerage enterprise into overseas markets; demand for distant working and distance studying options and digital occasions; growth of our industrial brokerage and our capability to draw industrial actual property brokers; and income progress and monetary efficiency. Such statements will not be ensures of future efficiency. Essential components that will trigger precise outcomes to vary materially and adversely from these expressed in forward-looking statements embody adjustments in enterprise or different market situations; the problem of maintaining expense progress at modest ranges whereas rising revenues; and different dangers detailed every so often within the firm’s Securities and Change Fee filings, together with however not restricted to essentially the most just lately filed Quarterly Report on Kind 10-Q and Annual Report on Kind 10-Ok.

Media Relations Contact:
eXp World Holdings, Inc.
[email protected]

Investor Relations Contact:
MZ Group – MZ North America
[email protected]

A photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ca12cb4-bcfd-4034-9de0-ee8f13420663



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