Company Description
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty and SUCCESS Enterprises. According to the company’s disclosures, eXp Realty is the largest independent real estate brokerage in the world, with tens of thousands of agents operating across more than two dozen countries and international locations. eXp World Holdings positions eXp Realty as a cloud-based, agent-centric brokerage that emphasizes commission economics, revenue sharing, equity participation and a global professional network for real estate agents.
The company describes eXp Realty as a platform built "by agents, for agents," focused on helping agents and teams build and scale their own businesses. eXp Realty’s model centers on providing real estate agents with industry-leading commission splits, revenue share opportunities, equity ownership opportunities, and access to a global community of peers. Management commentary in multiple releases highlights an "agent-first" or "agent-centric" model and refers to eXp Realty as "the most agent-centric real estate brokerage" and "the most agent-centric real estate platform" on the planet.
eXp World Holdings also owns SUCCESS Enterprises, anchored by SUCCESS magazine, which the company describes as a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, SUCCESS Enterprises offers agents access to resources intended to enhance skills, support business growth, and contribute to long-term success. The company has also referenced SUCCESS+ as an AI-powered global platform for personal and professional growth, with features such as AI-personalized learning paths, a digital content library, live masterminds and coaching, and access to SUCCESS magazine in print and digital formats.
Across its communications, eXp World Holdings emphasizes technology and cloud-based operations. The company highlights a "tech-enabled agent value stack" and refers to ongoing innovation across the eXp platform, including the use of artificial intelligence to enhance speed, agility and differentiation in a changing real estate landscape. Management statements describe eXp Realty as a platform for the future of real estate, with a focus on flexibility, training, mentorship, community, and tools that support both business and personal growth for agents.
eXp World Holdings reports on a global agent base and tracks agent satisfaction through an agent Net Promoter Score (aNPS), which it identifies as an important key performance indicator. Company releases describe international expansion, with eXp Realty operating in numerous countries and international locations and growing its international segment over time. The company also notes that its international business has expanded into additional markets and has experienced significant revenue growth and changes in segment operating margins.
In its public filings, eXp World Holdings identifies itself as a Delaware corporation with common stock listed on The Nasdaq Stock Market under the symbol EXPI. The company has disclosed recurring cash dividends on its common stock and has an issuer repurchase plan for common stock, as reflected in an amendment to its repurchase plan authorized by its Board of Directors. eXp World Holdings also reports non-GAAP financial measures such as adjusted operating costs, adjusted EBITDA and adjusted operating cash flow, and provides reconciliations and definitions for these measures in its earnings materials.
Management commentary frequently underscores the importance of transparency, consumer choice and competition in the real estate marketplace. The company has referenced initiatives such as an open-sourced seller advisory form and a partnership with a major real estate portal to support consumer transparency. eXp World Holdings also highlights programs like a co-sponsor initiative and an "agent value stack" that are intended to create income pathways and opportunities for agents, as well as training, coaching and mentorship resources delivered through the broader eXp and SUCCESS ecosystem.
Through its combination of a cloud-based real estate brokerage platform and a personal and professional development brand, eXp World Holdings presents itself as an ecosystem focused on empowering real estate agents and other growth-minded professionals. Its disclosures emphasize agent experience, technology enablement, international reach and a long-standing personal development brand as core elements of its business.