Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

EXP WORLD HOLDINGS, INC.

(EXPI)
  Report
Delayed Nasdaq  -  01:00 2022-11-25 pm EST
11.95 USD   +0.67%
11/21Insider Sell: Exp World Holdings
MT
11/18Virbela Named to Fast Company's Second Annual List of the Next Big Things in Tech
GL
11/18Virbela Named to Fast Company's Second Annual List of the Next Big Things in Tech
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

eXp World : Realty Now Open in 20 Markets With the Addition of Brokerage Operations in Greece

03/14/2022 | 08:14am EST
Back to Listing eXp Realty Now Open in 20 Markets With the Addition of Brokerage Operations in Greece

BELLINGHAM, Wash. - March 15, 2022 - eXp Realty®, the fastest-growing global real estate brokerage and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has expanded into Greece. eXp Realty now operates in 20 markets with more than 77,000 agents around the world.

"This is a proud moment for eXp Realty as we expand to our 20th market, with the addition of Greece to our well-established operations across Europe," said Michael Valdes, President of eXp Global, who is responsible for eXp Realty's worldwide expansion. "Greece is a vibrant market with strong economic projections driven by tourism and excellent foreign investment opportunities. We see tremendous business potential for agents and buyers in Greece who can benefit from the eXp model."

eXp's real estate brokerage operations in Greece will be led by Nikos Manomenidis, who brings more than 20 years of international experience in residential and commercial real estate. Manomenidis is passionate about growing the careers of fellow real estate professionals, has served as President at the Central European Real Estate Associations Network and was a Member of the Board of Directors of the National Association of Realtors in Greece. Recognizing his longtime service to the real estate community in Greece, Manomenidis was announced as Honorary President of the Greek Association of Certified Real Estate Professionals.

"The eXp model drives digital transformation in the real estate sector and limits our carbon footprint, creating a more sustainable and profitable platform for real estate professionals. This will be a welcome innovation in the Greek real estate market and we look forward to introducing eXp to brokers in the country," says Manomenidis.

eXp Realty's agile cloud-based work platform has allowed it to expand rapidly across the globe. Greece represents the second of three markets that eXp Global has identified for expansion in the first quarter of 2022. The Dominican Republic launched in February and New Zealand is slated next.

eXp Realty's financial model for residential and commercial real estate agents offers an attractive commission structure, including a revenue share model, which helps top agents across the globe. Additionally, agents earn equity in the company through listing and selling activities. eXp Realty's cloud-based brokerage is powered by Virbela, the company's immersive and collaborative virtual platform, which enables its agents to communicate, meet and conduct business in its metaverse, eXp World.

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 company in the world with more than 77,000 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, Germany, the Dominican Republic and Greece 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 Statement

The 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 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 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.
[email protected]

Investor Relations Contact:
MZ Group - MZ North America
[email protected]

Disclaimer

eXp World Holdings Inc. published this content on 14 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2022 13:13:06 UTC.


ę Publicnow 2022
All news about EXP WORLD HOLDINGS, INC.
11/21Insider Sell: Exp World Holdings
MT
11/18Virbela Named to Fast Company's Second Annual List of the Next Big Things in Tech
GL
11/18Virbela Named to Fast Company's Second Annual List of the Next Big Things in Tech
AQ
11/15eXp Realty Names Leo Pareja as Chief Strategy Officer
GL
11/15EXp Realty Names Leo Pareja as Chief Strategy Officer
AQ
11/10eXp World Holdings to Participate in the Stephens Annual Investment Conference
GL
11/10EXp World Holdings to Participate in the Stephens Annual Investment Conference
AQ
11/08EXp Realty Starts Operations in Poland
MT
11/08eXp Realty Opens Operations in Poland, Marking the Fifth New Market To Open in 2022
GL
11/08EXp Realty Opens Operations in Poland, Marking the Fifth New Market To Open in 2022
AQ
More news
Analyst Recommendations on EXP WORLD HOLDINGS, INC.
More recommendations
Financials (USD)
Sales 2022 4 782 M - -
Net income 2022 25,0 M - -
Net cash 2022 159 M - -
P/E ratio 2022 74,7x
Yield 2022 1,42%
Capitalization 1 825 M 1 825 M -
EV / Sales 2022 0,35x
EV / Sales 2023 0,27x
Nbr of Employees 1 669
Free-Float 44,2%
Chart EXP WORLD HOLDINGS, INC.
Duration : Period :
eXp World Holdings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EXP WORLD HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 11,95 $
Average target price 20,00 $
Spread / Average Target 67,4%
EPS Revisions
Managers and Directors
Glenn Darrel Sanford Chairman, Chief Executive Officer & Treasurer
Jeff Whiteside Chief Financial & Collaboration Officer
Shoeb Ansari Chief Information Officer
Darren Lee Jacklin Independent Director
Randall D. Miles Vice Chairman
Sector and Competitors
1st jan.Capi. (M$)
EXP WORLD HOLDINGS, INC.-64.53%1 825
CBRE GROUP, INC.-28.78%23 887
KE HOLDINGS INC.-28.98%17 900
CAPITALAND INVESTMENT LIMITED6.45%13 492
ZILLOW GROUP, INC.-44.04%8 359
JONES LANG LASALLE INCORPORATED-39.09%7 786