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3 Top Stocks From the Rebounding Real Estate Operations Industry
3 Top Stocks From the Rebounding Real Estate Operations Industry
Zacks · 1d ago
Surging Earnings Estimates Signal Upside for eXp World (EXPI) Stock
eXp World (EXPI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Zacks · 4d ago
Is Exp World Holdings (EXPI) Stock Outpacing Its Finance Peers This Year?
Is (EXPI) Outperforming Other Finance Stocks This Year?
Zacks · 11/18 16:30
Cramer's lightning round: 'Snowflake does not come in'
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
CNBC.com · 11/18 00:01
eXp World Holdings Announced Expansion of Real Estate Operations Into India
eXp World Holdings (NASDAQ: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, today announced it has expanded its collaborative, cloud-based real estate brokerage model into India, under the eXp India banner.
Benzinga · 11/17 10:45
eXp World Holdings Expands Real Estate Operations Into India
One of the Fastest-growing Real Estate Platforms Extends Opportunity to Over 1 Million Agents in India MarketBELLINGHAM, Wash., Nov. 17, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, today announced it has expanded its collaborative, cloud-based real estate brokerage model into India, under the eXp India banner. The addition of residential and commercial brokerage operations in India represents the fifth international expansion for the company, which is headquartered in the United States. In addition to its robust U.S. presence, eXp Realty also operates in Canada, the United Kingdom, Australia, and South Africa, with more than 38,000 agents across the globe. eXp Realty offers a unique financial model for residential and commercial real estate agents, going beyond attractive commissions to provide its agents with revenue share and equity ownership opportunities. The partnership model also offers proprietary marketing resources, including the company’s cloud-based virtual environment and customized technology platform that enhances virtual prospecting, sales, training and communications for agents.“We are excited to bring our innovative and proven model to India. Given its pool of over 1 million agents, India is one of the most dynamic real estate markets in the world and is perfectly poised to benefit from our agent-centric model,” said Michael Valdes, President of eXp Global. “In advance of our official launch, we have already received a phenomenal response after formally establishing operations and our preliminary marketing efforts. In addition to increased revenue opportunities the model brings to agents in India, our focus will be to provide access to our cloud-based brokerage and virtual technology to help deliver valuable marketing resources and position our agents for the future of real estate.”“India has never seen a model like this before, which I believe will change the traditional landscape of the industry,” said Shashank Vashishtha, Designated Managing Broker in India. “eXp India will be a game-changer for both consumers and agents.”  Similar to the U.S. model, eXp Realty and the global division anticipates a similar trajectory for India’s real estate industry to utilize a model that not only offers generous commissions, but incentivizes agents to attract other agents through eXp’s multi-layered compensation model.“Our decision to expand into the growing India market is a direct result of the robust growth we’ve experienced in the U.S. and other high-value international locations,” said Jeff Whiteside, CFO and Chief Collaboration Officer of eXp World Holdings. “Over the last five years, we’ve grown our revenue at a compounded annual growth rate of over 100%, and recently, reported record financial results and profitability in the third quarter of 2020. We expect to continue this momentum by extending our incentivizing model to markets capable of the success we’ve had domestically, and believe India aptly illustrates that opportunity.”The company’s presence in India will encompass a national footprint, including all major cities and states. India represents one of five countries eXp Global has identified for expansion by the end of 2020. South Africa launched in October 2020 and the remaining countries include France, Mexico and Portugal.About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and Virbela.eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.Virbela is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.For more information, please visit the company’s website at https://expworldholdings.com.Safe Harbor StatementThe 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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.Media Relations Contact: eXp World Holdings, Inc. Mediarelations@expworldholdings.com India Media Relations Contact: Deepali Gusain deepali.gusain@exprealty.netInvestor Relations Contact: Greg Falesnik MZ Group – MZ North America Investors@expworldholdings.com
GlobeNewswire · 11/17 05:07
eXp World Holdings to Present at Stephens 2020 Virtual Investment Conference
Glenn Sanford, CEO, and Jeff Whiteside, CFO, to Present November 17, 2020 eXp World Holdings eXp World HoldingsBELLINGHAM, Wash., Nov. 16, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and Virbela, today announced that management will present at the Stephens 2020 Virtual Investment Conference taking place virtually on November 17, 2020. Glenn Sanford, Founder, Chairman and CEO, and Jeff Whiteside, CFO, are scheduled to host a virtual fireside chat during the conference as follows and will participate in one-on-one meetings throughout the day.Stephens 2020 Virtual Investment ConferenceDate: Tuesday, November 17, 2020Presentation Time: 4:00 p.m. EST (1:00 p.m. PST)Webcast: https://kvgo.com/stephens/exp-world-holdings-november-2020A live audio webcast and archive of the conference presentation will be available using the webcast link above. Conference participation is by invitation only and registration is mandatory. For more information, or to schedule a virtual one-on-one meeting, please contact your conference representative.About eXp RealtyeXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and Virbela.eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.Virbela builds virtual worlds for remote work, education, and events. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.Connect with eXp World Holdings and its companies: https://expworldholdings.com.Safe Harbor StatementThe 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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.Investor Relations Contact: Greg Falesnik or Brooks Hamilton MZ Group – MZ North America investors@expworldholdings.com 949-385-6449Media Relations Contact: eXp Realty press@exprealty.netA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/127be137-15fd-494a-83bf-918cc23559c9
GlobeNewswire · 11/16 21:05
JWS leads financial gainers, FRBK and AHT among losers
Gainers: Jaws Acquisition (JWS) +11%. Futu Holdings (FUTU) +8%. China Finance Online (JRJC) +7%. eXp World Holdings (EXPI) +6%.Losers: GoHealth (GOCO) -17%. Ashford Hospitality Trust (AHT) -11%. Braemar Hotels &
Seekingalpha · 11/12 18:13
eXp World Holdings to Acquire Leading Personal Development Media Brand, SUCCESS Enterprises
SUCCESS Acquisition Expands Reach Into Entrepreneurial, Personal Development and Leadership MarketBELLINGHAM, Wash., Nov. 12, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the parent company of eXp Realty and Virbela, today announced the pending acquisition of SUCCESS Enterprises and its related media properties, including SUCCESS print magazine, SUCCESS.com, SUCCESS newsletters, podcasts, digital training courses and affiliated social media accounts across platforms.SUCCESS is a 123-year-old company with substantial brand recognition in the personal development industry, a global market valued at $38 billion in 2019, according to Grand View Research. Through the acquisition, eXp World Holdings will obtain SUCCESS’s established print distribution model and digital footprint, which has a combined reach of over 6 million including print readers, SUCCESS.com website visitors and social media followers. The acquisition also includes valuable intellectual property and assets in the personal development industry, which eXp will leverage to enhance all of the eXp brands while expanding SUCCESS’s reach.The addition of SUCCESS will amplify eXp’s existing efforts to teach personal development skills. Through SUCCESS’s established print and digital platforms and eXp’s immersive 3D Virbela technology, eXp plans to create an ecosystem to support content, coaching, training and events in the entrepreneurial, personal development and leadership space. One of the first initiatives is to create on-demand coaching and best-in-class digital courses for business leaders across the country.“From inception, eXp has valued personal development as a key underpinning of the success of real estate professionals. We began distributing SUCCESS magazine to every eXp agent and broker as a part of this commitment to help them succeed at the highest level,” said eXp World Holdings CEO and Founder Glenn Sanford. “When the opportunity to acquire SUCCESS was presented to me by Stuart Johnson and Success Partners, I was all over it, because of what the publication means to me and to so many sales people and entrepreneurs. Our goal is to continue to invest and expand the SUCCESS brand. By extension, this will be an investment in our agents, brokers and eXp staff, as well as a value-add for the existing SUCCESS audience.”SUCCESS and its assets were previously owned by Success Partners, based in Plano, Texas.“In considering the sale of an institution as meaningful and influential as SUCCESS, I wanted to entrust the brand with new ownership that would continue to serve the legacy SUCCESS audience,” said Success Partners CEO and Founder Stuart Johnson. “I know Glenn Sanford’s vision, values and integrity. During their upcoming stewardship, I am confident he and eXp will always put the community first.”“The mission of eXp World Holdings and SUCCESS are naturally aligned,” said SUCCESS magazine’s Editor-in-Chief Josh Ellis. “More people than ever are seeking work in the freelance or gig economy, as well as all forms of ‘solopreneurship’. To compete in this growing marketplace, many will pursue the personal development resources required to help them learn new skills. Our first offering together will combine our expertise and perspective with eXp’s immersive technology platform Virbela to help these people reach their greatest potential.”Throughout the transition of ownership, SUCCESS will remain led by a talented team of journalists and strategists including Chief Storytelling Officer Kindra Hall, Director of Digital & Commerce Lauren Cannon and Ellis. SUCCESS also welcomes Don Hobbs who is joining the team as President of SUCCESS Enterprises and will lead strategy and brand expansion.“I am honored to contribute to SUCCESS’s 123-year legacy and to bring my strategy and brand development expertise to the team,” said Hobbs. “SUCCESS’s long-standing history paired with eXp’s forward-thinking vision creates a timelessness that elevates both brands and promotes continued growth.”The acquisition is currently in the early stages and is expected to be completed by first quarter 2021. For more information about eXp World Holdings and their subsidiaries go to www.expworldholdings.com.About SUCCESSSUCCESS is a U.S.-based business magazine that was founded in 1897 by achievement philosopher Orison Swett Marden. In its 123-year lifespan, SUCCESS has become one of the leading publications in the United States covering personal and professional development through inspiration, motivation and training. In addition to SUCCESS magazine, the brand’s media properties include SUCCESS.com, SUCCESS newsletters, podcasts, digital training courses and affiliated social media accounts across platforms.About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and Virbela.eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.Virbela is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.For more information, please visit the company’s website at https://expworldholdings.com.Safe Harbor StatementThe 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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.Investor Relations Contact: Greg Falesnik MZ Group – MZ North America Investors@expworldholdings.comMedia Relations Contact: eXp World Holdings, Inc. Mediarelations@expworldholdings.com
GlobeNewswire · 11/12 15:25
eXp World Holdings Expands its Commercial Real Estate Network Across the Nation
—Company expects to launch operations in all 50 U.S. states by end of 2020— BELLINGHAM, Wash., Nov. 11, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), one of the fastest-growing residential and commercial real estate companies in the country, today announced the expansion of its commercial real estate operations for eXp Commercial into 35 states. eXp Commercial expects to be in all 50 U.S. states by the end of 2020.“eXp Commercial is attracting top-producing agents with its innovative cloud-based environment and attractive economics for agents and brokers,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “By the end of 2020, we expect to extend eXp Commercial’s reach into all 50 states, and look forward to welcoming many more agents from across the country into the commercial business.”Through the company’s unique financial model, eXp Commercial offers commercial real estate agents compelling incentives, such as one of the most competitive commission packages in the real estate industry and opportunities to earn stock awards. Additionally, eXp Commercial agents and eXp Realty agents can collaborate for referrals, which also provides proprietary marketing resources, including the company’s cloud-based virtual environment and a customized technology platform. Technology from CoStar will also be made available to enhance virtual prospecting, sales, training and communications.eXp announced plans to expand into the commercial real estate industry at the end of the second quarter 2020. In September, eXp World Holdings announced that James Huang, an industry veteran with more than 20 years of commercial real estate experience, was appointed as President of eXp Commercial.“Agents all over the country have recognized that the eXp model positions them for market success, despite challenges brought on by the global pandemic,” said Huang. “This year, many commercial brokers have been forced to cut spending and operations. Agents that have adopted the eXp model have very low overhead and no need for a brick-and-mortar location. We firmly believe that this is the right time to build on the success of eXp and to earn new business.”To learn more about eXp Commercial, visit www.expcommercial.com.About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty, eXp Commercial and Virbela.eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.Virbela is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at www.virbela.com.For more information, please visit the company’s website at https://expworldholdings.com/.Safe Harbor StatementThe 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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.Investor Relations Contact:Greg Falesnik or Brooks Hamilton MZ Group–MZ North America investors@expworldholdings.comMedia Relations Contact: Alyson Austin press@exprealty.net
GlobeNewswire · 11/11 14:00
EXp World (EXPI) Tops Q3 Earnings and Revenue Estimates
eXp World (EXPI) delivered earnings and revenue surprises of 233.33% and 37.73%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks · 11/09 14:55
eXp World Holdings: Q3 Earnings Insights
Shares of eXp World Holdings (NASDAQ:EXPI) were unchanged after the company reported Q3 results.Quarterly Results Earnings per share increased 766.67% year over year to $0.20, which beat the estimate of $0.07.Revenue of $564,017,000 up by 99.88% year over year, which beat the estimate of $406,930,000.Outlook eXp World Holdings hasn't issued any earnings guidance for the time being.View more earnings on EXPIeXp World Holdings hasn't issued any revenue guidance for the time being.Price Action Company's 52-week high was at $62.50Company's 52-week low was at $6.51Price action over last quarter: Up 79.70%Company Description eXp World Holdings Inc is a cloud-based residential real estate company. The company owns and operates a cloud-based real estate brokerage and a technology platform business that develops and uses immersive technologies that helps businesses increase their effectiveness and reduce costs from operating in traditional brick and mortar office spaces. Its business categories include Real Estate Brokerage, Technology Products and Services, Title, Escrow, and Settlement Services, and Mortgage Brokerage Services.See more from Benzinga * Click here for options trades from Benzinga * Acacia Research: Q3 Earnings Insights * WhiteHorse Finance: Q3 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga · 11/09 13:49
eXp World Holdings to Host Industrys Largest Real Estate Event, EXPCON, On Virbelas Virtual Business World Technology Platform
Over 10,000 Agents, Staff and Guests From Around World Expected to Attend Week-long Event; Company to Release Third Quarter 2020 Financial Results in Virtual Fireside Chat EXPCON 2020 EXPCON 2020BELLINGHAM, Wash., Nov. 04, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and Virbela, will hold its 11th annual EXPCON event virtually on Nov. 9 – 13, 2020. Over 10,000 agents, brokers, staff and guests are expected to gather in eXp World, the company’s virtual world platform powered by Virbela. “From the inception of eXp Realty we have operated the entire company to be the most agent-centric real estate brokerage on the planet. We created the first cloud-based brokerage model that directly benefits our agents through a generous revenue share program and an equity plan. With eXp’s immersive technologies like Virbela, we continue to invest in capabilities to support use cases that the competition cannot yet touch. As a result, we are excited to showcase what the Virbela teams built to support one of the largest conferences in the real estate industry, EXPCON,” said eXp World Holdings CEO and Founder Glenn Sanford.Shark Tank’s Robert Herjavec Will Appear Monday via Avatar and Live Streaming Video Entrepreneur, author and technology leader Robert Herjavec, the longtime and much-loved Shark on ABC's Emmy Award-winning show “Shark Tank,” will appear with eXp Realty CEO Jason Gesing for a fireside chat on Monday, Nov. 9, at 1:00 p.m. PST in eXp World. Herjavec will be live-streamed and will answer audience questions during the Q&A portion of the 45-minute talk.Daily Keynotes, 50+ Breakouts, Expo, Trivia, Awards and MoreeXp’s leadership team will kick off the event with a general session on Monday, Nov. 9, recapping highlights from the year as well as sharing information about the company’s outlook. Throughout the week, eXp’s agents, brokers and staff will take part in networking and attend popular workshops led by top-producing agents. Additionally, there will be acclaimed speakers giving keynotes each day, year-end awards will be presented, and a three-day EXPO is planned in the EXPCON Expo Hall. For more details, see the EXPCON agenda.General Session and Third Quarter 2020 Earnings The general session kicks off EXPCON on Monday, Nov. 9, at 8:00 a.m. PST / 11:00 a.m. EST in eXp World. eXp’s leadership will recap the year’s accomplishments and financial results, unveil the new eXp Realty brand and share details about the eXp Global and eXp Commercial businesses.Additionally, the company’s third quarter 2020 earnings results will be released on Monday, Nov. 9. This will be followed with a virtual fireside chat and investor Q&A session with eXp’s Glenn Sanford and CFO Jeff Whiteside in the Virbela Open Campus Auditorium on Tuesday, Nov. 10 at 8:00 a.m. PST / 11:00 a.m. EST. Join at virbela.com. The event will also be live-streamed via: https://expworldholdings.com/expi-events/Speakers Include: * Duncan Wardle - Former global head of innovation and creativity for Disney. * Jason Dorsey - Three-time company founder. An expert who studies generational challenges and advises CEOs, startups, boards, venture capital firms and private equity firms. * Rorke Denver - Former Navy SEALs commander, New York Times best-selling author ("Worth Dying For" and "Damn Few") and actor ("Act of Valor"). * Dewitt Jones - World-class photojournalist and former National Geographic photographer. * Kate Leavell - Speaker, trainer, coach, consultant and author of four books, including "Confessions of an Imperfect Coach."How to Access EXPCON 2020For anyone interested in eXp who is not an agent or staff member, a guest pass to EXPCON 2020 can be obtained by registering for the event and selecting “No” when asked if you are affiliated with eXp. You will receive an email from eXp a week before the event with more information on how to access the event via eXp World.About eXp RealtyeXp Realty is an eXp World Holdings, Inc. (Nasdaq: EXPI) company. eXp World Holdings also owns Virbela. eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 37,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.Virbela builds virtual worlds for remote work, education, and events. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.Connect with eXp World Holdings and its companies: https://expworldholdings.com.Investor Relations Contact:Greg FalesnikMZ Group – MZ North America investors@expworldholdings.com 949-385-6449Media Relations Contact:eXp Realty press@exprealty.netA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/db06efed-3024-4595-9768-dea935390fa7
GlobeNewswire · 11/04 14:00
HCDI leads financial gainers, DNK and TCF among losers
Gainers: Harbor Custom Development (HCDI) +24%. eXp World Holdings (EXPI) +14%. Berkshire Hills Bancorp (BHLB) +13%. Colliers International Group (CIGI) +13%. Marathon Patent Group (MARA) +9%.Losers: Franklin Resources (BEN) -11%.
Seekingalpha · 10/27 17:13
eXp World cheers strong Q3 prelims
For Q3, eXp World Holdings ([[EXPI]] +7.2%) reported prelims which indicate an increase of 56% Y/Y to 35,877 in the number of agents and brokers on the eXp Realty platform.Residential
Seekingalpha · 10/27 14:03
eXp World Holdings Announces Preliminary Third Quarter 2020 Business Highlights
Company to Report Third Quarter Financial Results on November 9 Fireside chat fireside chatBELLINGHAM, Wash., Oct. 27, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and VirBELA, today provided preliminary unaudited financial and operational results for the third quarter ended September 30, 2020. eXp World Holdings Preliminary Third Quarter 2020 Highlights (the financial information below is subject to change and could be different when earnings are released): * The number of agents and brokers on the eXp Realty platform increased 56% to 35,877 at the end of the third quarter of 2020, compared to 23,034 a year ago. * Residential transaction sides closed for the third quarter of 2020 increased 95% to 75,392, compared to 38,567 during the third quarter of 2019. * Residential transaction volume closed for the third quarter of 2020 increased 112% to $23.6 billion, compared to $11.1 billion during the third quarter of 2019. * eXp Realty ended the third quarter with a 73 agent Net Promoter Score, which measures agent satisfaction, as compared to 61. * eXp Realty continues to maintain a Glassdoor rating of 4.6 placing it close to the top of all large companies in terms of culture and collaboration. * VirBELA revenue grew more than 360%. * International expansion continues with the launch of South Africa, with near-term plans to expand into additional key international markets. “As one of the fastest-growing residential real estate brokerages, we continue to deliver on our value proposition to agents, consumers and shareholders,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “Our world-class agents combined with a progressive cloud-based model provides a significant competitive advantage in the real estate industry, driving eXp to yet another quarter of record results.”This information is delivered in advance of the company's quarterly earnings report that will be released on Monday, November 9, 2020 and can be viewed on the company’s website at www.expworldholdings.com.Third Quarter Financial Results – Virtual Fireside ChatThe company will hold a virtual fireside chat and investor Q&A session with eXp World Holdings Founder and CEO Glenn Sanford and CFO Jeff Whiteside on Tuesday, Nov. 10 to discuss third quarter financial results and recent milestone achievements.The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its companies.Date: Tuesday, Nov. 10, 2020 Time: 11:00 a.m. – 12:00 p.m. Eastern time (8:00 – 9:00 a.m. Pacific time) Location: VirBELA Open Campus in the Auditorium. Join at virbela.com. Livestream: expworldholdings.com/eventsAn infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f873bce-fbf2-4fdc-8b72-85ee1ea7db05About eXp World Holdings eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and VirBELA.eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 36,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.For more information, please visit the company’s website at www.expworldholdings.com.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.Company Contacts:Investor Relations Investors@expworldholdings.comMedia Relations Mediarelations@expworldholdings.com
GlobeNewswire · 10/27 14:00
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eXp World Holdings Expands its Residential Real Estate Network to South Africa
–eXp Realty’s Innovative Business Model Allows Local Real Estate Agents to Invest In Their Futures–BELLINGHAM, Wash., Oct. 13, 2020 (GLOBE NEWSWIRE) -- eXp World Holdings (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies, today announced the expansion of its brokerage model into South Africa under the eXp South Africa banner. The addition of residential and commercial brokerage operations in South Africa represents the fourth international expansion for the U.S.-headquartered company. In addition to its robust U.S. presence, eXp Realty also operates in Canada, the United Kingdom and Australia, with more than 35,000 agents in its global network. eXp Realty offers a unique financial model for residential and commercial real estate agents, going beyond just commissions to provide its agents with revenue share and additional equity programs that include opportunities for stock awards. The partnership model also offers proprietary marketing resources, including the company’s cloud-based virtual environment and customized technology platform that enhances virtual prospecting, sales, training and communications for agents.“The response to our innovative model has been phenomenal, and we’re excited to bring this opportunity to the vibrant residential real estate community in South Africa,” said Michael Valdes, President of eXp Global. “In addition to increased revenue opportunities for agents, our focus on virtual technology and ability to deliver valuable marketing resources gives agents an advantage and positions them well for the future of real estate.”“There are deep traditions within South Africa real estate, and we want to build on those. Our approach is to celebrate these diverse cultures and blend them with our innovative real estate opportunities to help develop agents throughout the country,” said eXp South Africa Designated Managing Broker Andrew Thompson. “eXp Realty’s global model and the expansion into South Africa further strengthens our international presence, and its unique revenue model is a game-changer for agents in our worldwide network. The kind of advanced technology and virtual experience that eXp South Africa offers will add massive value to both the agent and consumer experience.”MOREThe company’s presence in South Africa will encompass a national footprint, including all major towns, cities and provinces. South Africa represents one of five countries eXp Realty and the global business has identified for expansion by the end of 2020, including France, India, Mexico and Portugal.About eXp Realty eXp Realty is an eXp World Holdings, Inc. (Nasdaq: EXPI) company. eXp World Holdings also owns VirBELA. eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 35,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.Connect with eXp World Holdings and its companies: https://expworldholdings.com.Media Relations Contacts:eXp Realty Alyson Austin 949-403-0484 alyson@gaffneyaustin.com eXp South Africa Amanda Wray 082-854-2737 amanda.wray@exprealty.net
GlobeNewswire · 10/13 14:00
eXp World Holdings expands its footprint in South Africa
eXp World Holdings (EXPI) expansds its brokerage model into South Africa under the eXp South Africa banner, representing the fourth international expansion. “The response to our innovative model has been
Seekingalpha · 10/13 13:11
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About EXPI
eXp World Holdings, Inc. owns and operates a cloud-based real estate brokerage and a technology platform. The Company’s platform enables businesses to operate remotely. It operates businesses in the categories, including real estate brokerage; technology products and services; title, escrow, and settlement services; and mortgage brokerage services. The Company owns eXp Realty LLC, Showcase IDX and VirBELA, LLC. eXp Realty LLC is a cloud-based international real estate brokerage company. Showcase IDX is the real estate search technology company that enables agents to market and manage the businesses and online presence. Showcase IDX’s services include property search for online and mobile platforms, lead generation, mapping, and customer relationship management (CRM) tools and integration. VirBELA, LLC offers technology platform for business, events and education. VirBELA, LLC’s cloud-based environment provides a virtual experience for workers, attendees, students.
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