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eXp Realty Empowers Agents with CRM of Choice, Advancing Technology Freedom and Business Autonomy
GlobeNewswire News Room· 2025-07-01 16:00
Core Insights - eXp Realty has launched a new initiative called CRM of Choice, allowing agents to select their preferred customer relationship management platform, emphasizing agent autonomy and innovation [2][3][4] Company Overview - eXp Realty is the largest independent real estate brokerage globally, with over 81,000 agents across 27 countries, and operates as a cloud-based, agent-centric brokerage [6] - The company is a subsidiary of eXp World Holdings, Inc., which also includes SUCCESS® Enterprises [6] CRM of Choice Details - Agents can choose from three CRM platforms: BoldTrail, Cloze, and Lofty, all included in the standard monthly fee [3][7] - BoldTrail is designed for top producers and solo agents, offering AI-driven automation and intelligent lead scoring [7] - Cloze focuses on referral-based agents, providing a mobile-first experience that prioritizes relationship depth [7] - Lofty is tailored for lead-focused teams, featuring advanced lead routing and SEO-optimized websites [7] Agent Engagement - The CRM of Choice initiative has already seen significant interest, with thousands of agents opting in prior to the official launch [5]
eXp(EXPI) - 2024 Q1 - Earnings Call Presentation
2025-06-25 11:27
slido.com event code: #EXPI Q1 2024 Financial Results Virtual Fireside Chat May 1, 2024 Q1 2024 Earnings Glenn Sanford Founder, Chairman & Chief Executive Officer, eXp World Holdings Leo Pareja We assume no obligation to update or revise any forward-looking statements or information. 1Within the meaning of the Private Securities Litigation Reform Act of 1995 Excluding the information from sources indicated, the content of this presentation is copyright 2024 eXp World Holdings, Inc. All Rights Reserved. Chie ...
eXp(EXPI) - 2024 Q2 - Earnings Call Presentation
2025-06-25 11:27
Financial Performance - Revenue increased by 5% from $1,231.1 million in Q2 2023 to $1,295.2 million in Q2 2024[43] - Adjusted EBITDA increased by 22% from $26.8 million in Q2 2023 to $32.8 million in Q2 2024[21, 43] - North America Adjusted EBITDA grew by 13% year-over-year[21, 37] - International realty revenue increased by 69% year-over-year[21] - Share repurchases amounted to $48.2 million during the quarter[46] Operating Metrics - Real estate sales transactions increased by 1% from 119,277 in Q2 2023 to 120,613 in Q2 2024[21, 43] - Real estate sales volume increased by 7% from $48.6 billion in Q2 2023 to $51.9 billion in Q2 2024[21, 43, 55] - North American Realty SG&A/Unit improved 9% year-over-year[21, 35] - Cost per transaction decreased by 8% from $533 in Q2 2023 to $488 in Q2 2024[43, 46] Agent-Related Updates - eXp paid out nearly $7 million in Real Time REVshare in the first 60 days of REVenue Share 2.0[30] - eXp Exclusives participation expanded by 24% quarter over quarter[33] - eXp Luxury agent count grew by 130% compared to Q2 2023[33]
eXp(EXPI) - 2024 Q3 - Earnings Call Presentation
2025-06-25 11:27
slido.com event code: #EXPI Glenn Sanford Founder, Chairman & Chief Executive Officer, eXp World Holdings Leo Pareja Chief Executive Officer, eXp Realty Principal Financial Officer, Chief Accounting Officer, eXp World Holdings Wendy Forsythe Q3 2024 Financial Results Virtual Fireside Chat November 7, 2024 Q3 2024 Earnings Speakers We assume no obligation to update or revise any forward-looking statements or information. 1Within the meaning of the Private Securities Litigation Reform Act of 1995 Chief Market ...
YouTube Star Kyler Ferris Brings $164M Team to eXp Realty, Launches First-of-Its-Kind Video-Powered Mega Team in Houston
GlobeNewswire News Room· 2025-06-17 16:00
Core Insights - Kyler Ferris, founder of Ferris Realty, has rejoined eXp Realty with a 45-agent team and a sales volume of $164 million in 2024 [2][3] - The collaboration with Joe Rodriguez aims to create a significant YouTube presence in Houston, leveraging video content to drive real estate transactions [3][4] - The unified team is expected to generate over 5,000 organic inbound leads annually through innovative video marketing strategies [4][6] Company Overview - eXp Realty is described as the largest independent real estate brokerage globally, with over 81,000 agents across 27 international locations [7] - The company operates as a cloud-based, agent-centric brokerage, offering competitive commission splits, revenue sharing, and equity ownership opportunities [7] - eXp Realty's model allows agents to maintain their brand identity while benefiting from the company's infrastructure and support [5][6] Strategic Moves - The partnership between Ferris and Rodriguez is seen as a strategic innovation in the real estate market, focusing on content-driven lead generation [4][5] - The team is implementing a "YouTube-powered mega team model," shifting from traditional prospecting to converting leads from high-value video content [6] - Ferris Realty's return to eXp Realty is attributed to the operational challenges of running an independent brokerage and the advantages offered by eXp's platform [4][5]
eXp Realty Places 61 Agents and Teams on NAHREP's Top 250 Latino Agents List
GlobeNewswire News Room· 2025-06-16 16:00
BELLINGHAM, Wash., June 16, 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 milestone achievement as 61 eXp Realty agents and teams have earned placements across the 2025 National Association of Hispanic Real Estate Professionals (NAHREP) Top 250 Latino Agents and Teams list. eXp Realty dominated the rankings, with nearly 1 in 10 of NAHREP’s Top 100 Latino Teams led by e ...
eXp Realty Dominates 2025 RealTrends Rankings With 757 Agents and Teams Honored
GlobeNewswire News Room· 2025-06-10 19:00
Core Insights - eXp Realty has achieved a record-breaking 757 agents and teams recognized among the top real estate professionals in the U.S. according to the 2025 RealTrends Verified America's Best List [2][3] - Less than 0.1% of agents nationwide qualify for the RealTrends rankings, highlighting the exceptional production and service of eXp Realty agents [3] - eXp Realty is ranked as the 1 brokerage in the U.S. by transaction sides and 3 by sales volume, underscoring its dominance in the real estate market [7] 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 81,000 agents across 27 countries [5] - eXp Realty operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, equity ownership opportunities, and a global network to empower agents [5] - The company emphasizes its commitment to providing agents with tools, models, and a supportive culture to help them thrive in their businesses [4]
From a $91M Year to a Bold New Chapter: Costanza Genoese Zerbi Joins eXp Realty
GlobeNewswire News Room· 2025-06-04 16:00
Company Overview - eXp Realty is described as "the most agent-centric real estate brokerage on the planet" and is a core subsidiary of eXp World Holdings, Inc. [2] - eXp Realty operates as a cloud-based brokerage with over 81,000 agents across 27 international locations, providing industry-leading commission splits, revenue share, equity ownership opportunities, and a global network for agents [6] Key Personnel - Costanza Genoese Zerbi, a nationally ranked top producer and founder of Costanza Genoese Zerbi & Associates, has joined eXp Realty, bringing nearly a decade of experience and a strong production record [3][4] - In 2024, Costanza closed $65 million in volume on 65 units, with a goal to exceed $100 million annually [3][4] Strategic Goals - Costanza aims to return to her previous production level of $91 million and beyond, highlighting eXp's high-output environment that rewards collaboration and results [4] - The company emphasizes the importance of strong infrastructure and minimal bureaucracy, which Costanza found appealing in her decision to join eXp [4] Market Position and Recognition - Costanza is recognized as a RealTrends Top 500 agent in both volume and sides, with her insights featured in major media outlets such as CNN, Fox, and The Wall Street Journal [5] - The addition of Costanza and her husband to the eXp team is expected to enhance their reach and effectiveness in the real estate market [5] Leadership Perspective - Leo Pareja, CEO of eXp Realty, expressed enthusiasm about Costanza's leadership and production-level excellence, indicating her potential to thrive within the company [6]
Top Arizona Team Led by Scott Kumler Joins eXp Realty, Bringing $80M in Volume
GlobeNewswire News Room· 2025-05-21 16:00
Core Insights - eXp Realty has successfully attracted top-producing team leader Scott Kumler and The Kumler Group from My Home Group, enhancing its agent-centric approach and market presence [1][2][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 81,000 agents across 27 international locations [4] - eXp Realty offers industry-leading commission splits, revenue share, equity ownership opportunities, and a global network for agents to build successful businesses [4] Team Performance - The Kumler Group, led by Scott Kumler, closed over $80 million in volume across 192 transactions in 2024, ranking among the top five teams in Arizona [1][2] - Scott Kumler has consistently ranked in the top 1% of Realtors in Arizona and was recognized as a Top 100 solo agent among more than 2,000 agents [2] Leadership and Culture - Scott Kumler emphasizes agent development and leadership, aligning with eXp Realty's values and commitment to mentorship and support [3] - The Kumler Group is known for its agent-first culture, strategic growth, and dedication to mentorship, which are key components of its operational philosophy [2][3] Strategic Partnerships - The move to eXp Realty was facilitated under the mentorship of Joshua Smith, enhancing the value proposition for The Kumler Group's agents through additional coaching opportunities [2]
Nebraska's ERS Real Estate Group Brings $170M in Production and Big Vision to eXp Realty ERS juggernaut joins eXp Realty with plans to reshape the real estate experience through its Elite Real Estate Systems LLP
GlobeNewswire News Room· 2025-05-20 16:00
Core Insights - eXp Realty has announced the addition of ERS Real Estate Group, which closed $170 million in sales volume across 575 units in 2024, enhancing its agent-centric model [1][2][3] - ERS Real Estate Group, previously affiliated with Keller Williams, aims to leverage eXp Realty's cloud-based model to scale nationally and integrate various homeownership services [2][5] - The merger with Good Life Capital, valued at $70 million, will enable ERS to launch a comprehensive real estate ecosystem, including mortgage, title, insurance, and home services [3][4] Company Overview - eXp Realty is the largest independent real estate brokerage globally, with over 81,000 agents across 27 international locations, offering industry-leading commission splits and equity ownership opportunities [6] - The company emphasizes a tech-enabled future in real estate, aligning with ERS's vision for an integrated service model [5][6] - SUCCESS® Enterprises, part of eXp's ecosystem, provides resources for agents to enhance their skills and achieve long-term success [7]