eXp Realty Surpasses 6,000 Real Estate Agents Across North America

Now Largest Residential Real Estate Brokerage by Geography in U.S.

BELLINGHAM, WASH. — Dec. 5, 2017 — eXp Realty, LLC, the agent-owned cloud brokerage^Ⓡ and a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI), today announced that the company surpassed 6,000 real estate agents across North America.

This important company milestone represents 172 percent growth from the same time last year. Since the beginning of the year, the number of agents who joined the eXp Realty family more than doubled. During November, the company launched two additional markets — Mississippi and North Dakota, making eXp Realty the largest residential real estate brokerage by geography in the United States.

“This has been an outstanding year so far for eXp Realty. We reported three quarters of record revenue growth, more than doubled our agent count and expanded to cover 45 U.S. states, which catapulted us to the single largest residential real estate brokerage by geography in the United States,” said Glenn Sanford, eXp World Holdings CEO, chairman and founder. “None of these achievements would be possible without our fantastic agents, brokers and staff who share their enthusiasm about this great company every day.”

With a focus on innovation, eXp Realty is changing the way that agents, brokers and consumers work together. eXp Realty’s virtual office environment, compared to the traditional real estate office, allows agents to collaborate and learn together — no matter where they might be located. The company’s family of agents build their own businesses while having the opportunity to also establish a direct ownership in the company.

About eXp Realty

eXp Realty, LLC, the Agent-Owned Cloud Brokerage^®, is a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI). eXp Realty (exprealty.com) is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment. It is an agent-designed and agent-owned company. As the leading, international, cloud-based real estate brokerage, eXp Realty provides 24/7 access to collaborative tools, training and socialization for real estate brokers and agents through its virtual campus environment. It is one of the fastest growing real estate brokerage firms in North America with more than 6,000 agents in 45 U.S. states, the District of Columbia and the provinces of Alberta and Ontario, Canada. As a publicly traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.

For more information, please visit the company’s website at www.eXpRealty.com.

Connect with eXp Realty and eXp World Holdings:

• Facebook – Canada, United States, investor relations
• Twitter – United States, investor relations
• LinkedIn – Canada and United States

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the company’s expansion, revenue growth, operating results, financial performance and net income changes. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K.

Media Relations Contact:

Cynthia Nowak
Director of marketing and communications, eXp Realty
206-390-2302
[email protected]

Investor Relations Contact:

Greg Falesnik
Managing director, MZ Group – MZ North America
949-385-6449
[email protected]

 

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