Core Insights - eXp World Holdings, Inc. paid over $220 million in revenue share and equity benefits to its agents and brokers in 2024, highlighting its commitment to creating financial opportunities for real estate professionals [1][2][4] Company Overview - eXp World Holdings, Inc. is the holding company for eXp Realty®, FrameVR.io, and SUCCESS® Enterprises, and is publicly traded on NASDAQ under the ticker EXPI [3][4] - eXp Realty is the largest independent real estate company globally, with over 82,000 agents across multiple countries including the United States, Canada, the UK, Australia, and more [4] Business Model - The company operates a unique revenue share model and equity incentives that allow agents to earn income beyond commissions, promoting long-term wealth creation [2][5] - Agents can earn leveraged income by expanding their networks and supporting peers, as well as stock awards for achieving production milestones, fostering a sense of ownership in the company's success [5] Technological Innovation - The cloud-based brokerage utilizes FrameVR.io technology to provide immersive 3D platforms that enhance social collaboration among agents, increasing connectivity and productivity [4]
eXp Realty Paid More Than $220 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2024