eXp Realty announced the launch of its Local Sponsor Partnership Program, designed to connect eXp agents with experienced “sponsors” who have expertise in their respective markets.
eXp Realty announced its third quarter financial results for 2024. Third quarter revenue grew by 2% to $1.2 billion, driven by increased home sales prices and agent productivity. Third quarter adjusted EBITDA was $23.9 million, a 15% increase from the same period of 2023, which the company attributes to improved business efficiencies, reduced costs and higher revenues and gross profit.
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.
Direct Selling News held its 15th Global Celebration event on Wednesday, April 3, 2024 in Irving, Texas to recognize and celebrate the best of direct selling. Hundreds of people representing over 115 companies around the world attended in person.
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.
At the DSN Global Celebration, Direct Selling News honored executives and companies for outstanding achievement and excellence in areas of innovation, impact, growth, global good and more. This year, the Global Celebration bestowed more Bravo Awards than ever before.
eXp Realty, as part of its stated commitment to provide competitive compensation, announced it has paid agents and brokers more than $230 million in revenue share and benefits in 2023. Agent revenue share totaled $197.9 million during the year while an estimated value of $34.7 million in EXPI shares (2.22 million) were issued to agents and brokers.
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.
Living so much of our lives online as we do today—videos, memes, influencers and friends supply no shortage of inspirational messages aimed at lifting people up and moving them forward—it can be hard to imagine a time before personal development, a time before the introspective work of improving oneself was even considered valid, let alone mainstream.
For the seventh consecutive year, eXp Realty has been named to Glassdoor’s list of Best Places to Work, ranking number 22 out of 100 in the US Large Company category. Honorees and rankings were determined based on anonymous input and feedback from company employees who completed reviews about their job, the work environment at their company and their employer.
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