Milestone Represents Continued Progress as Firm Expects to Surpass 100,000 Brokers in 2022
Glenn Sanford to Communicate In the present day at Inman Join New York on the Deserves of Progress-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 the moment 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 the moment, 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 probably the most agent-centric actual property brokerage on the planet.
“My imaginative and prescient when founding eXp was to create and constantly iterate our agent worth proposition. That is realized by accessible and agile management to ship on the wants of our brokers, brokers and their clients,” mentioned Sanford. “I’m proud that actual property brokers are transferring 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 development. By persevering with on this development trajectory in 2022, we count on to be 100,000 brokers robust this yr.”
Within the first quarter of 2022, eXp Realty has been acknowledged by a number of prime business rankings for its development, 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 development 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 5-12 months 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 a number of the current groups and brokers who’ve joined eXp Realty within the second half of 2021 and early 2022:
- Sebastiano Formica and the Formica Group in San Antonio, Texas
Sebastiano Formica, chief of the Formica Group, and his staff of eight brokers joined eXp Realty in April 2022. In 2021, the staff 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 staff of 45 actual property brokers joined eXp Realty in March 2022. In 2021, the staff 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 primary gamers within the Italian luxurious actual property market, joined eXp Realty in March 2022. In 2021, the staff 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 staff of 24 brokers joined eXp Realty in March 2022. In 2021, the staff 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 flats in 20 hours. - Derrick Chan in Mississauga, Ontario
Derrick Chan and his staff of seven joined eXp Realty in January 2022. In 2021, the staff closed 99 transactions for greater than $52 million. - Jay D’Alessandro and Jin Yon of Debbie Dogrul Associates in Fairfax, Virginia
Jay D’Alessandro, staff proprietor and Jin Yon, managing accomplice of Debbie Dogrul Associates, introduced their 33-agent staff to eXp Realty in January 2022. In 2021, the staff 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 staff of 10 brokers to eXp Realty in January 2022. In 2021, the staff closed 142 transactions for $70 million. - Jeff Meyer in Victoria, British Columbia
Jeff Meyer and his staff of six actual property brokers joined eXp Realty in January 2022. In 2021, the staff closed 113 transactions for over $48 million in gross sales. - Mike Nelson and Integrity Residence Group in Firestone, Colorado
Mike Nelson, founding father of Integrity Residence Group, and his staff of 15 actual property brokers joined eXp Realty in January 2022. In 2021, the staff 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 staff of six actual property brokers joined eXp Realty in January 2022. She transferred to the actual 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 staff of 34 brokers joined eXp Realty in December 2021. In 2021, the staff closed 440 transactions for greater than $130 million.
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 offers actual property professionals the distinctive alternative to earn fairness awards for manufacturing objectives and contributions to general firm development. eXp World Holdings and its companies provide a full suite of brokerage and actual property tech options, together with its modern 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 related 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.
For extra data, go to https://expworldholdings.com.
Protected Harbor Assertion
The statements contained herein might embrace statements of future expectations and different forward-looking statements which might be primarily based on administration’s present views and assumptions and contain identified 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 communicate solely as of the date hereof, and the corporate undertakes no obligation to revise or replace them. These statements embrace, however will not be restricted to, statements in regards to the continued development 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 means to draw industrial actual property brokers; and income development and monetary efficiency. Such statements will not be ensures of future efficiency. Vital elements that will trigger precise outcomes to vary materially and adversely from these expressed in forward-looking statements embrace adjustments in enterprise or different market circumstances; the problem of maintaining expense development at modest ranges whereas rising revenues; and different dangers detailed now and again within the firm’s Securities and Alternate Fee filings, together with however not restricted to probably the most lately filed Quarterly Report on Type 10-Q and Annual Report on Type 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 accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ca12cb4-bcfd-4034-9de0-ee8f13420663