Welcome to our dedicated page for Exp World Holdin news (Ticker: EXPI), a resource for investors and traders seeking the latest updates and insights on Exp World Holdin stock.
eXp World Holdings reports developments as a public real estate holding company built around eXp Realty, a cloud-based, agent-centric brokerage, and a broader platform that includes NextHome, FrameVR.io and SUCCESS Enterprises. Company news commonly covers quarterly results, agent productivity, brokerage model updates, franchise and cloud-brokerage integration, technology initiatives and real estate-marketplace relationships.
Updates also include investor events, corporate identity changes such as the move from EXPI to AGNT, and operating commentary across the company’s international real estate network.
eXp World Holdings, Inc. (Nasdaq: EXPI) reported a 12% increase in Q3 2022 revenue to $1.2 billion, with a 30% growth in agent count to over 84,000. Despite a net income drop to $4.4 million from $23.8 million year-over-year, gross profit rose 17% to $93.1 million. The company repurchased approximately $60 million of common stock and declared a cash dividend of $0.045 per share for Q4 2022. eXp Realty expanded internationally and launched new services, highlighting its ability to adapt and grow in a challenging market.
eXp World Holdings, Inc. (Nasdaq: EXPI) corrected a press release announcing its third quarter 2022 results, set to be reported before the market opens on November 2, 2022. Management will host a virtual fireside chat and Q&A with key executives, including Glenn Sanford, CEO, and Jeff Whiteside, CFO, at 8:00 a.m. PT / 11:00 a.m. ET. Investors can join the discussion online, with a focus on the company's performance and outlook.
eXp World Holdings (Nasdaq: EXPI) will report its Q3 2022 financial results on November 2, 2022, before the market opens. A virtual fireside chat and investor Q&A will take place the same day at 8:00 a.m. PT. Hosted by CEO Glenn Sanford and CFO Jeff Whiteside, the event will be open to investors and shareholders. eXp Realty is recognized as the fastest-growing real estate company globally with over 85,000 agents across multiple countries, continuing its international expansion.
eXp Commercial, a division of eXp World Holdings (Nasdaq: EXPI), will host a Commercial Real Estate Symposium from October 24-25, 2022, in its metaverse. The free event aims to connect business leaders with industry innovators to discuss economic challenges and opportunities in commercial real estate. Attendees will receive training on fundamentals, advanced panels on international markets, and insights on digital assets. Notable speakers include KC Conway and Olivier Manuel. Registrations are open for this unique industry gathering.
eXp Realty, a rapidly expanding real estate brokerage, has launched eXp Luxury, a new luxury real estate program. This initiative will utilize eXp Realty's innovative technology and marketing strategies. The program includes access to luxury certification courses, masterminds, and events, enhancing the brand presence of agents. With over 85,000 agents globally, eXp Realty aims to strengthen service offerings while catering to upscale clientele. The launch aligns with the company's goal of continuous growth and improved agent support.
eXp World Holdings (Nasdaq: EXPI) has announced a partnership with Viome Life Sciences as part of its newly launched SUCCESS Health program. This initiative aims to provide consumers with tools and resources for health transformation through nutrition. Viome will offer at-home health tests to analyze microbiomes and provide personalized nutrition recommendations. The program emphasizes four health pillars: nutrition, exercise, stress reduction, and sleep, with a focus on restoring balance to gut health.
Viome, founded in 2016, targets chronic diseases and aims to empower individuals with insights into their biochemistry.
eXp Realty, a leading global real estate brokerage and subsidiary of eXp World Holdings (Nasdaq: EXPI), announced a partnership with Agent Academy to host the Sales Mastery event from Jan. 9-11, 2023, in Fort Lauderdale, Florida. This three-day program aims to equip real estate agents with essential sales skills and strategies for today's market. Industry experts including Jon Cheplak, Bill Pipes, and Dan Beer will lead the sessions, reinforcing the company's commitment to agent education and coaching in challenging market conditions.
eXp Realty, a rapidly expanding real estate brokerage, announced the launch of Revenos, a new division aimed at enhancing buyer and seller referral opportunities for eXp agents. Revenos will integrate existing eXp referral businesses, providing streamlined access to a network of potential clients. Led by Dawn Conciatori, an industry veteran, the division is expected to significantly boost revenue possibilities for agents by fostering a robust referral ecosystem. This initiative aligns with eXp's commitment to innovate and add value to its agents' business operations.
eXp World Holdings (Nasdaq: EXPI) announced the launch of SUCCESS Health™, a new initiative designed to provide tools and resources for health and wellness. Through its website, SUCCESS Health will offer curated content, health coaching, and a community of health partners focused on enhancing personal and professional wellness. The initiative aims to create a supportive ecosystem featuring insights from top coaches and leaders. CEO Glenn Sanford emphasizes the importance of balancing health and wealth to empower individuals in achieving their best lives.
eXp Realty has surpassed 85,000 agents globally, marking a 30% increase from 65,286 agents in October 2021. This growth includes the onboarding of top-producing teams such as the Lawson Team and the Ige Johnson Group, reflecting eXp's appeal due to its competitive commission structure and innovative technology. The company has shown strong financial performance with significant transactions closed in 2021, including the Incorvaia Team's 731 transactions for $219 million. eXp Realty continues to expand internationally, asserting its position as the fastest-growing real estate brokerage.