Key Highlights

  • eXp Realtyannounced three additional locations for Q2 2021
  • New eXp real estate operations in Colombia, Spain and Israel

EXp Realty Plans Further Expansions in Q2 2021

Building upon its already successful launches in Puerto Rico and Brazil during early 2021, eXp Realty, a subsidiary of eXp World Holdings, recently announced its expansions into Colombia, Spain and Israel in Q2 2021.

And, upon this writing near the end of March 2021, eXp has already launched real estate operations in Italy and Hong Kong.

eXp Realty is on track to have the company’s presence in 16 countries, including its headquarters in the US, by the end of Q2 2021.

0EXpNot One to Sit on Its Laurels Earned During 2020

2020 was a banner year for eXp. The company generated revenue of $609.3M with a net income of $31M in Q4 2020 off the back of only one profitable quarter in the company’s history prior to 2020.  It also increased its agent count by +63% to 41,313 by the end of 2020.

Now, eXp Realty’s agent count stands upwards of 49,000 across its 16 international locations in both residential and commercial operations.

EXp Hiring Experienced Leaders in Each Country to Head Local Teams

Michael Valdes, President of eXp Global,said, “As we look ahead to the second quarter of 2021, we are solidifying our footprint in the EMEA (Europe, Middle East and Africa) and CALA (Caribbean and Latin America) regions.  With the addition of Spain, we are continuing to expand our presence in Europe, with a strongly established eXpbrand already launched in the UK, France, Portugal and Italy.  Columbia is one of the fastest growing economies in Latin America and we see incredible opportunities there.  We are also excited about launching in Israel, a county that has seen a recent surge in the real estate sector.  We are thrilled to see the growth of our brand in these vibrant and historic markets…”

EXp Realty Continues Offering Unique Financial Model for Residential and Commercial Real Estate Agents

EXp stands alone in offering all of its agents, both residential and commercial, in all of its locations worldwide the opportunity to earn additional income, on top of attractive commissions, by helping to grow the company’s agent base globally.  Agents who choose to seize that opportunity will earn equity eXp World Holdings stock programs via listing and selling activities.

 

Thanks to eXp World Holdings. 

 

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