Exp World Holdin Stock Price, News & Analysis

eXp World Holdings has appointed Monica Weakley to its Board of Directors, effective June 20, 2022. Weakley, a successful eXp Realty agent in Ohio and Kentucky, aims to bring the agents' perspective to the board. Her election reflects the company's commitment to enhancing agent representation. The current board members were also reelected, and Weakley will take the place of outgoing director Fee Gentry. This leadership change is seen as a strategic move to further improve the agent value proposition.

SUCCESS Enterprises announced enhancements to its coaching platform, introducing certification, revenue share options, and equity opportunities for eXp Realty agents. The expanded SUCCESS Coaching program aims to elevate agents' skills and create new revenue streams through coaching services, launching in late 2022. Founder Glenn Sanford emphasized the initiative's goal to transform the coaching industry, paralleling eXp Realty's disruption of the real estate market. These improvements seek to motivate agents and align compensation models for enhanced growth.

eXp World Holdings (Nasdaq: EXPI) has unveiled updates to its metaverse platforms, Virbela and Frame, aimed at addressing workplace challenges. CEO Glenn Sanford noted that companies are focusing on efficiency and cost-cutting amid market shifts. The updates include a newly designed virtual campus in Virbela and enhanced features in Frame, such as support for 150 users and integration with Microsoft Teams. eXp Realty has grown to over 82,000 agents globally, significantly decreasing operating costs since adopting these platforms.

eXp World Holdings (Nasdaq: EXPI) announced the acquisition of Zoocasa Realty Inc., an innovative real estate platform, to enhance its online lead generation and home search capabilities in Canada. This strategic move aims to improve service offerings for agents and brokers through Zoocasa's comprehensive listings platform. The acquisition, pending customary approvals, is expected to close in July 2022. With nearly 12 million visits annually and a team of 150 agents, Zoocasa's integration is anticipated to significantly elevate eXp's market presence and operational efficiency.

eXp World Holdings, Inc. (Nasdaq: EXPI) has appointed Shoeb Ansari as Chief Information Officer and Leo Pareja as President of Affiliated Services. Shoeb brings extensive software development experience, previously serving as CTO at RealPage, while Leo has 20 years of real estate expertise and has co-founded major lending firms. The leadership changes align with eXp's strategic initiatives in technology and affiliated services, aiming to bolster growth and innovation in a cloud-based real estate model.

eXp Realty has successfully raised over $600,000 to construct 100 new homes in Morelos, Mexico, following a devastating earthquake in 2017. The initiative, in collaboration with nonprofit New Story, was matched by CEO Glenn Sanford's personal contribution of $300,000. From June 9-11, company leaders and a raffle-winning agent will visit the region to witness the project's impact. This effort aligns with eXp Realty's commitment to community-based culture and international expansion.

eXp World Holdings (Nasdaq: EXPI) announced participation in significant real estate events in Spain from May 25-27, 2022. Michael Valdes, President of eXp Global, will discuss metaverse opportunities at Inmociónate in Seville, while Renata Sutjo, International Broker of Record for eXp Spain, will join a panel at SIMAPRO in Madrid. These engagements are part of a European roadshow to promote eXp Realty, the world’s fastest-growing real estate company with over 81,000 agents across various countries.

eXp World Holdings, the parent company of eXp Realty, announced that its Founder, Chairman, and CEO Glenn Sanford will participate in a fireside chat alongside CFO Jeff Whiteside at the Jefferies Internet Summit on May 31, 2022, at 10 a.m. ET. The discussion, moderated by Jefferies equity research analyst John Colantuoni, will offer insights into the company’s growth and future plans. With over 81,000 agents globally, eXp Realty continues to expand and innovate in the real estate market, leveraging technology and providing equity opportunities for its professionals.

BELLINGHAM, Wash., May 10, 2022 — eXp World Holdings (Nasdaq: EXPI) announced participation in the 2nd Annual BTIG Housing Ecosystem Conference on May 10-11, 2022, in New York City. Key executives, including CFO Jeff Whiteside, CEO Jason Gesing, and President Michael Valdes, will hold one-on-one meetings on May 11. eXp Realty is recognized as the fastest-growing real estate company globally, boasting over 80,000 agents across multiple countries. The firm provides innovative brokerage solutions and equity awards for agents, fostering growth and productivity through its cloud-based platform, Virbela.