Exp World Holdin Stock Price, News & Analysis

eXp World Holdings (Nasdaq: EXPI) will report its Q3 2021 financial results on November 3, 2021, before market open. A virtual investor Q&A will follow at 8:30 a.m. PT, featuring CEO Glenn Sanford and others. Investors can join the discussion to learn about the company and its offerings, including its rapid growth with over 66,000 agents globally. eXp World Holdings is recognized as one of the fastest-growing real estate tech firms, providing innovative brokerage and tech solutions through a cloud-based model.

eXp World Holdings CEO Glenn Sanford has announced a partnership with New Story to build 100 homes in Morelos, Mexico, following a devastating earthquake. eXp Realty aims to raise $600,000, with Sanford personally matching up to $300,000 in contributions. Each home will cost around $6,000, funded entirely by donations, ensuring local workers and materials are used. This initiative underscores eXp's commitment to social responsibility and community support, especially in regions still recovering from disasters.

eXp World Holdings (Nasdaq: EXPI) announced participation in two virtual conferences: the 20th Annual D.A. Davidson Software & Internet Conference on September 9, 2021, and the Zelman & Associates 2021 Housing Summit on September 21, 2021. Glenn Sanford, Founder, CEO, and Jeff Whiteside, CFO, will engage in one-on-one meetings and a fireside chat moderated by D.A. Davidson's Tom White.

With over 63,000 agents globally, eXp Realty is recognized as a leading real estate tech company. For details on the events, registration is required.

eXp World Holdings has expanded its operations by launching eXp Germany, marking its presence in 18 countries with over 62,000 agents globally. This move comes in response to significant growth in the EMEA region, particularly targeting Germany, which is the fourth-largest economy and a key player in the real estate market. The opening is part of eXp's strategy to enhance its international footprint and leverage its innovative cloud-based real estate platform to attract agents. Michael Valdes is leading this expansion, aiming for continued growth in global markets.

BELLINGHAM, Wash., Aug. 26, 2021 – A new study by eXp Realty and The Center for Generational Kinetics highlights key trends in homebuying post-pandemic. The study found that 73% of participants view homeownership as increasingly vital, and 80% are willing to sacrifice luxuries like gourmet coffee for a better home. Millennials particularly value homeownership, with 80% stating it is now more important to them. Key findings emphasize the importance of tech-savvy real estate agents, with 86% ranking them highly in the homebuying process.

eXp World Holdings reported a remarkable 183% year-over-year revenue increase for Q2 2021, reaching $1 billion. Key highlights include a 350% rise in net income to $37 million and a cash dividend of $0.04 per share for Q3, payable on August 30, 2021. The company experienced an 87% growth in agent count, totaling 58,263. Transaction volumes surged 210% to $40.1 billion. eXp aims to enhance its global presence and product offerings, focusing on agent satisfaction.

eXp World Holdings (Nasdaq: EXPI) has surpassed 60,000 agents globally, marking an 85% year-over-year increase from 32,403 agents in July 2020. This milestone is attributed to its agent-centric model and commitment to resources that support agent success.

In 2021, eXp Realty expanded into eight new international markets including Puerto Rico and Brazil. For the fourth consecutive year, it was recognized as a Best Place to Work by Glassdoor among large U.S. businesses.

eXp World Holdings (Nasdaq: EXPI) will announce its second quarter 2021 financial results on August 4, 2021, prior to market opening. A virtual investor Q&A session will follow at 8:30 a.m. PT / 11:30 a.m. ET, featuring key executives including Founder and CEO Glenn Sanford. The event is aimed at investors and stakeholders interested in learning about the company's developments. With over 59,000 agents globally, eXp Realty continues its rapid growth within the real estate technology sector.

eXp World Holdings (Nasdaq: EXPI) has announced a joint venture with Kind Lending to create SUCCESS® Lending. This initiative aims to connect top loan officers with real estate professionals, enhancing the homebuying process. The venture leverages the strengths of both companies, known as innovators in their respective fields. Kind Lending has shown rapid growth, originating nearly $4 billion in its first year. The collaboration is designed to streamline the mortgage journey for consumers, focusing on efficiency and improved communication.