eXp World Holdings, Inc., parent company for eXp Realty, now has operations in Italy under the eXp Italy banner. This new expansion is in addition to eXp Realty’s presence in the U.S., Australia, Brazil, Canada, France, India, Mexico, Portugal, Puerto Rico, South Africa and the United Kingdom.
“In the midst of a shifting global market due to COVID-19, our company and global regions have seen unprecedented growth. As we continue to expand throughout continental Europe, we are thrilled to introduce the eXp model and culture to Italy, a country in which we have already registered substantial interest,” said eXp Global President Michael Valdes. “Italy continues to see high demand in major cities. With central bank policies and capital flows creating favorable market conditions, the country has demonstrated a resilient housing market that we are excited to be a part of. As the fourth-largest economy in Europe, Italy is a key player in our expansion. Our agent-centric model has provided life-changing benefits in 11 countries so far and will be a welcome addition to the choices available to real estate agents in Italy.”
Denis Andrian, who has decades of luxury real estate experience, will lead the company’s Italy operations as Director of eXp Italy.
“The last year has brought about major changes in the Italian real estate industry, with nearly all real estate agencies facing an immediate need to adapt to the digitized market,” Andrian said. “eXp is entering Italy at an ideal time, as the business model provides a solution to the new needs of real estate agents, which include a virtual work structure, a global community, distance learning, and the ability to meet a changing market with innovation and agility. With its cloud-based structure, competitive model and low fixed costs, eXp offers a high level of professionalism and quality service to the end consumer. The future of the real estate market has arrived in Italy with eXp!”
This launch is part of the company’s aggressive expansion plans for the first quarter of 2021.