The Brokerage’s Land & Ranch Group Will Spearhead the Rollout of the Powerful Platform, Designed to Give All Agents Unmatched Geospatial Data and Client Presentation Capabilities BELLINGHAM, Wash., Dec. 18, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric™ real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced a strategic partnership with property data and mapping intelligence company, Land id®. This collaboration will augment e ...

Core Insights - eXp Realty has announced two significant executive promotions aimed at enhancing its mission of empowering agents globally [1][2] - Carrie Lysenko has been promoted to Chief Technology Officer, while Holly Mabery has been appointed as Chief Brokerage Officer, both reporting directly to CEO Leo Pareja [2][3] - These leadership changes reflect eXp Realty's commitment to integrating advanced technology with strong brokerage operations [3][8] Executive Promotions - Carrie Lysenko, former CEO of Zoocasa, will focus on driving innovation and simplifying the agent experience as the new CTO [4][5] - Holly Mabery, previously Senior Vice President of Brokerage Operations, will enhance brokerage operations and compliance in her new role [6][7] Strategic Vision - Lysenko aims to leverage her experience in digital transformation to create intuitive technology that empowers agents [5][4] - Mabery emphasizes the importance of community and support for agents, ensuring operational excellence as the company grows [8][7] Company Overview - eXp Realty is the largest independent real estate brokerage globally, with over 83,000 agents across 29 countries [10] - The company operates as a cloud-based, agent-centric brokerage, offering competitive commission splits, revenue sharing, and equity ownership opportunities [10]

Core Insights - eXp Realty is expanding its international presence, having successfully entered Romania and the Netherlands, with plans to expand into Luxembourg, marking a significant year for global expansion [2] - The company reported a revenue of $104.6 million for eXp International in Q3, representing a 74% increase year-over-year, highlighting the strong growth momentum driven by its expansion efforts [3] - eXp's strategy focuses on entering markets with high potential for agents, emphasizing flexibility, scalability, ownership, and global relevance, which aligns with the evolving needs of real estate agents [3][4] Group 1 - eXp Realty has expanded to seven international markets in 2025, including Peru, Ecuador, Turkey, South Korea, and Japan, with a targeted approach to growth [2] - The company is leveraging proprietary tools designed by agents for agents, such as the AI-native international real estate search platform LYVVE™, which connects agents and consumers across nearly 30 countries [4] - The rapid growth in new markets is evidenced by over 100 agents joining within the first 30 days of launch in some regions, indicating increasing influence and network effects [3][4] Group 2 - eXp Realty operates as a cloud-based, agent-centric brokerage, providing industry-leading commission sharing, revenue sharing, and equity opportunities to nearly 83,000 agents across 29 countries [6] - The company aims to build infrastructure and tools that lead the future of the real estate industry, reflecting the changing demands of agents who seek more than just commissions and training [3][4] - eXp's international expansion is characterized by collaboration with local market experts who understand the needs of agents, ensuring a strong market fit from day one [4]

Core Insights - eXp Realty has expanded into Romania and the Netherlands, with plans to enter Luxembourg, as part of its global growth strategy towards a 2030 vision [3][4] - The company has now expanded into seven countries in 2025, including previous entries into Peru, Ecuador, Türkiye, South Korea, and Japan [4] - eXp's international revenue reached $104.6 million through Q3 2025, reflecting a 74% increase compared to the same period last year [5] Expansion Strategy - eXp Realty targets agent-led markets with a rising demand for innovation, mobility, and ownership, ensuring that its platform delivers immediate value [4][5] - The company has successfully onboarded over 100 agents in the first 30 days in some of the newly launched markets, with welcome events attracting 400-500 attendees [5][6] - The expansion is characterized by a demand-driven approach, with local partners who understand their markets and align with eXp's operational model [6] Technological Innovations - eXp has developed proprietary tools like LYVVE™, an AI-native international property search platform, to facilitate connections between agents and consumers across nearly 30 countries [6] - The in-house global referral network allows agents to manage opportunities seamlessly, emphasizing the company's commitment to building purpose-driven innovations for a global, agent-led future [6] Company Overview - eXp World Holdings, Inc. is the holding company for eXp Realty and SUCCESS Enterprises, with eXp Realty being the largest independent real estate brokerage globally, boasting over 83,000 agents across 29 countries [8] - The company offers industry-leading commission splits, revenue share, equity ownership opportunities, and a global network to empower agents [8]

Core Insights - eXp Realty has launched the LYVVE™ international real estate search platform, aiming to enhance cross-border connections between agents and consumers globally [1][2][3] - The platform is designed to provide a seamless and efficient global property search experience, supporting multiple currencies and integrating various property types [2][3] - LYVVE addresses key industry challenges such as fragmentation, visibility, and accessibility, promoting a unified market for real estate opportunities [3] Company Overview - eXp World Holdings, Inc. is the parent company of eXp Realty and SUCCESS® Enterprises, operating as a cloud-based, agent-centric brokerage with over 83,000 agents across 29 countries [4] - The company emphasizes providing agents with leading commission structures, revenue sharing, equity opportunities, and a global network to foster business growth [4] Platform Features - LYVVE allows real-time connectivity between agents and clients, simplifying international property searches and enhancing communication through built-in features like WhatsApp [2][3] - The platform aims to facilitate access to a wide range of properties, from vacation homes in Mexico to vineyards in France, enabling direct connections with property sources [2][3] Future Vision - eXp Realty aims to expand its operations to 50 countries by 2030, with LYVVE evolving to include more listings, markets, and functionalities to enhance global opportunities [3]

Core Insights - eXp Realty has launched LYVVE™, an international property search platform aimed at enhancing connections between agents and consumers across borders [1][2][3] Company Overview - eXp Realty is a subsidiary of eXp World Holdings, Inc. and is recognized as the largest independent real estate brokerage globally, with over 83,000 agents across 29 countries [7] - The company emphasizes an agent-centric model, providing agents with industry-leading commission splits, revenue share, and equity ownership opportunities [7] LYVVE Platform Features - LYVVE supports listings from nearly 30 countries and offers a user-friendly experience for exploring properties worldwide [2][4] - The platform includes features such as WhatsApp messaging for real-time communication between agents and clients, enhancing the buying and selling process [3][4] - LYVVE is designed to be a comprehensive marketplace that addresses challenges like fragmentation, visibility, and accessibility in the real estate industry [6] Strategic Vision - eXp Realty aims to expand into 50 countries by 2030, with LYVVE evolving to include more listings, markets, and features [5] - The platform is positioned to facilitate global real estate transactions, making it as easy to explore international properties as local ones [6]

Core Insights - eXp Realty is taking proactive steps to enhance transparency and consumer protection in the real estate industry by implementing new disclosure standards and a "Consumer Choice" framework effective December 1, 2025 [1][2]. Company Initiatives - The new "Consumer Choice" framework will ensure clients have full transparency regarding their rights and the financial aspects of their transactions, positioning eXp Realty as a leader in consumer advocacy [2][3]. - eXp Realty is committed to empowering its agents with upgraded tools to demonstrate their fiduciary commitment, thereby differentiating themselves through honesty and clarity [3][4]. Industry Context - The real estate landscape is undergoing significant changes, including major acquisitions by mortgage lenders and increased vertical integration, making transparency essential for maintaining public trust [2]. - eXp Realty's initiative comes amid ongoing industry debates about disclosure requirements, highlighting the company's proactive approach to consumer protection [2][3]. Consumer Rights - The "Consumer Choice in Your Real Estate Transaction" form will explicitly outline consumers' rights to choose their ancillary providers, enhancing clarity in the transaction process [8]. - The company is expanding its existing practices of disclosing referral fees to provide greater transparency for consumers [8]. Company Overview - eXp World Holdings, Inc. is the parent company of eXp Realty, which is the largest independent real estate brokerage globally, with over 83,000 agents across 28 countries [5]. - eXp Realty operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, and equity ownership opportunities [5].

eXp World Holdings Conference Call Summary Company Overview - eXp World Holdings operates as a cloud-based real estate brokerage, evolving into a global platform that integrates real estate brokerage, technology, and community [2][3] - The company has grown from 30-40 agents to approximately 83,000-84,000 agents across 28 countries over 16 years [2] Core Business Model - eXp differentiates itself from traditional brokerages by eliminating the bricks-and-mortar component, focusing on technology and community [3] - The company views itself as a technology platform that disrupts the legacy real estate brokerage model, similar to how Amazon and Netflix disrupted their respective industries [3] Operational Strategy - eXp emphasizes building collaboration and community through various platforms, including Frame VR, which is a metaverse platform for spatial computing [4] - The company has developed in-house AI technologies to enhance agent services and reduce costs [5] Agent Growth and Team Dynamics - Approximately 40% of new joiners in Q3 were team-based, which positively impacts revenue share dynamics and productivity [6][7] - Teams that complete over 21 transactions have a low churn rate of about 2% annually, indicating strong retention [8] - eXp has improved agent attrition by 18% year-over-year, attributed to various initiatives including eXp University, which provides free coaching and services [10][11] International Expansion - eXp has surpassed $100 million in international revenue, growing 68% year-over-year, with plans to launch in eight new countries by the end of the year [16][17] - The company has developed a repeatable playbook for entering new markets, focusing on leadership and market compatibility [18][19] - The cost to enter new markets has decreased significantly, from an estimated $500,000-$800,000 to about $100,000-$150,000 [19][20] Commercial Real Estate Strategy - eXp is expanding its commercial real estate footprint, leveraging its unique position as a national single brokerage with an enterprise CoStar contract [21][22] - The company aims to capture a significant share of the commercial real estate market, which is currently dominated by a few major players [21] Market Position and Competitive Landscape - eXp is positioned as a scale incumbent rather than a disruptor, with a focus on attracting entrepreneurial realtors rather than solo practitioners [28][30] - The company is well-capitalized and asset-light, allowing it to capitalize on market consolidation opportunities [31][32] Housing Market Insights - The current housing market is characterized by high competition and low transaction volumes, with a forecasted modest recovery [39][40] - eXp's agents are experiencing increased productivity, with top teams reporting a 15.8% revenue increase year-over-year [43] - The company emphasizes the importance of local market knowledge for agents to navigate the current housing landscape effectively [45] Financial Performance - eXp reported a modest decline in GAAP gross margin due to more agents hitting their cap, but views this as a positive sign of increased productivity [59] - The company has returned over $800 million to shareholders through buybacks and dividends, while also investing in technology and international expansion [66][67] Future Outlook - eXp aims to reach 50,000 agents in 50 countries by 2030, viewing this goal as conservative given the total addressable market [24][68] - The company is focused on improving operational efficiencies and leveraging AI to enhance its technology stack [63][81] Key Takeaways - eXp World Holdings is redefining the real estate brokerage model through technology and community engagement - The company is experiencing significant growth in both agent count and international revenue, with a strong focus on team-based structures - eXp is well-positioned to capitalize on market opportunities and navigate the challenges of the current housing market through strategic initiatives and operational efficiencies

Core Insights - eXp Realty's CEO Leo Pareja has been recognized in The 2025 MarketWatch 25 list for his innovative leadership in the real estate industry [2][3][4] - Pareja's vision focuses on transparency, accessibility, and empowerment, aiming to build trust and enhance agent success while creating a connected experience for consumers globally [3][4] Company Overview - eXp World Holdings, Inc. is the parent company of eXp Realty and SUCCESS Enterprises, with eXp Realty being the largest independent real estate brokerage globally, boasting over 83,000 agents across 28 countries [6] - The company operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, equity ownership opportunities, and a global network for agents [6] Leadership and Recognition - Leo Pareja's leadership is characterized by innovation and collaboration, which are core values of eXp Realty, emphasizing agent empowerment and market transparency [4][5] - Pareja's inclusion in the MarketWatch 25 highlights eXp Realty's role in challenging traditional real estate norms and shaping the future of the industry [4][5]

Group 1 - eXp World Holdings experienced a significant stock increase of over 11% following a strong quarterly earnings report, outperforming the S&P 500 which only rose by 0.1% [1] - The company reported a 7% year-over-year revenue increase to $1.32 billion and achieved a net profit of almost $3.5 million ($0.02 per share), a turnaround from a loss of over $8.5 million in the previous year [2][3] - eXp exceeded analyst expectations, with projected revenue of $1.24 billion and non-GAAP per-share net income of $0.01, attributing its success to agent growth, productivity, and retention rates [3] Group 2 - Total transactions for eXp rose by 3% year-over-year, totaling 121,516, while overall sales volume increased by 7% to over $54 billion, indicating strong demand in the housing market [4][6] - The brokerage is effectively capitalizing on the high demand for homes in the country, contributing to its positive financial performance [6]