While most of the direct selling channel battled decline, a majority of the industry's service companies enjoyed a pattern of steady, stable growth. DSN takes a deep dive into what's behind this sector's success story.
eXp World Holdings, the holding company for eXp Realty, announced its second quarter results for 2024, reporting revenue of $1.2 billion. The company attributes this boost to what it calls the “superior productivity” of its agents and increased home sale prices as the catalyst behind its ability to outperform the market and offset declines in US real estate.
Glenn Sanford’s ascent from tech entrepreneur to real estate visionary epitomizes the power of innovation, resilience and forward-thinking leadership. As the Founder, Chairman and CEO of eXp World Holdings, the parent company of eXp Realty, he has redefined the traditional brokerage model and cultivated a culture of empowerment and collaboration that has propelled eXp to unprecedented success.
eXp World Holdings, the holding company for eXp Realty, announced its first quarter 2024 financial results, reporting revenue of $943 million, an 11% increase year over year.
eXp World Holdings, Inc., the holding company for eXp Realty, has entered into a partnership with online streaming radio channel KGCI Real Estate on Air to provide professional growth, education, motivation and insights for real estate professionals. Surprisingly in this digital age, radio has seen increasing demand, with three-quarters of the US population tuning in at the end of 2023.
eXp World Holdings, the parent company of eXp Realty, announced its fourth quarter and full-year financial reports for 2023. In the fourth quarter, the company’s revenue reached $983 million with a gross profit of $70.9 million. Revenue for the full year 2023 was down 7% to $4.3 billion with a gross profit of $324.1 million, down 12% from 2022.
eXp World Holdings, Inc., the holding company for eXp Realty, announced continued growth for its eXp Luxury real estate program. The white glove service, which provides sellers with global exposure and concierge service is now going global with expansion into Australia, New Zealand, South Africa and the United Kingdom.
eXp World Holdings, Inc. has been included in the 2023 Deloitte Technology Fast 500 list, which recognizes the leading innovative and fastest-growing public and private companies in North America who are proving to be industry disruptors across technology, media, telecommunications, life sciences, fintech and energy tech sectors. Rankings are determined based on percentage fiscal year […]
eXp World Holdings, the holding company for eXp Realty, announced the beginning of a transition plan for its Chief Financial Officer role. Current CFO Jeff Whiteside will step down from his position effective Dec 1, 2023, and Chief Accounting Officer Kent Cheng will assume the role of Principal Financial Officer in the interim.
eXp World Holdings, Inc., the holding company for eXp Realty, announced its financial results for the third quarter of 2023, posting overall revenue of $1.2 billion, a 2% decrease compared to the same quarter in 2022. Gross profit during the quarter decreased 10% to $83.6 million, while adjusted EBITDA increased 53% to $19 million, compared to Q3 2022.
eXp World Holdings, the holding company for eXp Realty, released its financial report for the second quarter of 2023, highlighting a positive net income of $9.4 million. Revenue during the quarter reached $1.2 billion, a 13% decrease from the same period in 2022, while gross profit decreased 10% to $96.5 million. Adjusted EBITDA was $24.7 […]
eXp World Holdings, the parent company of eXp Realty, announced its first quarter financial results for 2023, posting a 16% decline in revenue from the same period last year to $850.6 million.