eXp Realty celebrated the official opening of eXp Spain this week and unveiled its plans to expand real estate operations into Germany, Panama and Japan in the third quarter of 2021. Once these new markets launch, eXp Realty will have a presence in 19 countries.
“We continue to see incredible interest in the eXp model across the globe, driven by its agent-centric focus,” said Michael Valdes, President of eXp Global. “With the addition of Germany, Panama and Japan, we are solidifying our footprint across the EMEA, CALA and APAC regions and further developing strategic footholds in each. Germany has one of the largest and most stable real estate markets in Europe, and is a key component to our growth on the continent, joining the UK, France, Portugal, Italy and today’s opening of Spain.”
eXp is committed to hiring experienced leaders in each country to lead local teams, like Renata Sujto, a real estate veteran and fixture in the Spanish real estate community, who is leading eXp Spain.
“The level of excitement we are receiving from agents demonstrates how innovative and entrepreneurial Spanish agents are, and they have become even more so after the pandemic,” said Sujto. “It is incredibly exciting to offer our solution to such an interesting body of professionals.”
eXp has seen massive growth in the past year, including a 77% first quarter increase in agent numbers globally year-over-year. Total eXp agents across the platform now exceed 54,000.