eXp Realty Named 2021 Inman Innovator Brokerage of the Year
October 28 2021 - 5:00PM
eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for
eXp Realty®, Virbela and SUCCESS® Enterprises, today announced that
eXp Realty was named the 2021 Inman Innovator Brokerage of the Year
during the annual Inman Connect conference being held in Las Vegas.
Since 1998, the Inman Innovator Awards have honored companies,
individuals and new technology that increases productivity,
efficiency and transparency for consumers and real estate
professionals alike.
“Technology matched with an agent-centric focus is what sets eXp
Realty apart,” said Glenn Sanford, Founder, Chairman and CEO of eXp
World Holdings. “We are pleased to be recognized for the value we
bring to the real estate industry by offering innovative real
estate solutions for consumers as well as creative pathways to
reward our hard-working agents.”
eXp’s revolutionary technology of conducting real estate in the
cloud has been transforming real estate since the company launched
in 2009, and it has continued to advance its virtual brokerage
design. In July 2021, Seth Siegler, Vice President, Technology
Innovation & Real Estate established the eXp Innovation Hub, a
collaborative environment to create services and capabilities that
make a difference in the day-to-day life of eXp real estate
agents.
To keep real estate agents at the center of technology
initiatives, the eXp Innovation Hub gathers agent and customer
insights through virtual and in-person meetings, such as the eXp
Agent Advisory Council, which was created to ensure that the “voice
of the agent” is represented. Then, the eXp Innovation Hub ideates
and validates concepts, rapidly prototypes, runs beta tests,
assesses commercial viability and makes decisions about when and
how to launch projects.
eXp continues to develop innovative solutions to make agents’
time more scalable, businesses more predictable and transactions
less stressful for everyone in the homebuying journey. As announced
earlier this year, eXp launched a new joint venture (“JV”) with
Kind Lending to establish SUCCESS® Lending, a new residential
lending platform. eXp’s iBuyer platform, “ExpressOffers,"
differentiates from other iBuyer programs by making agents a key
part of the process. Each of these businesses are enhancing real
estate experiences for both consumers and agents.
About eXp World Holdings, Inc.eXp World
Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp
Realty®, Virbela and SUCCESS® Enterprises.
eXp Realty is the fastest-growing real estate tech company in
the world with more than 67,000 agents in the United States,
Canada, the United Kingdom, Australia, South Africa, India, Mexico,
Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia,
Spain, Israel, Panama and Germany, and continues to scale
internationally. As a publicly traded company, eXp World Holdings
provides real estate professionals the unique opportunity to earn
equity awards for production goals and contributions to overall
company growth. eXp World Holdings and its businesses offer a full
suite of brokerage and real estate tech solutions, including its
innovative residential and commercial brokerage model, professional
services, collaborative tools and personal development. The
cloud-based brokerage is powered by Virbela, an immersive 3D
platform that is deeply social and collaborative, enabling agents
to be more connected and productive. SUCCESS Enterprises, anchored
by SUCCESS magazine and its related media properties, was
established in 1897 and is a leading personal and professional
development brand and publication.
For more information, visit https://expworldholdings.com.
Safe Harbor StatementThe statements contained
herein may include statements of future expectations and other
forward-looking statements that are based on management’s current
views and assumptions and involve known and unknown risks and
uncertainties that could cause actual results, performance or
events to differ materially from those expressed or implied in such
statements. Such forward-looking statements speak only as of the
date hereof, and the company undertakes no obligation to revise or
update them. These statements include, but are not limited to,
statements about the economic and social effects of the COVID-19
pandemic; continued growth of our agent and broker base; expansion
of our residential real estate brokerage business into foreign
markets; demand for remote working and distance learning solutions
and virtual events; development of our new commercial brokerage and
our ability to attract commercial real estate brokers; and revenue
growth and financial performance. Such statements are not
guarantees of future performance. Important factors that may cause
actual results to differ materially and adversely from those
expressed in forward-looking statements include changes in business
or other market conditions; the difficulty of keeping expense
growth at modest levels while increasing revenues; and other risks
detailed from time to time in the company’s Securities and Exchange
Commission filings, including but not limited to the most recently
filed Quarterly Report on Form 10-Q and Annual Report on Form
10-K.
Media Relations Contact:eXp World Holdings,
Inc.mediarelations@expworldholdings.com
Investor Relations Contact:MZ Group – MZ North
Americainvestors@expworldholdings.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a065a264-db6d-4d9e-a406-4e0b1134c88e
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