eXp World Holdings, Inc. - Common Stock (EXPI)
Frequently Asked Questions About eXp World Holdings, Inc. - Common Stock (EXPI)
Are eXp agents considered independent contractors?
Yes, eXp agents are classified as independent contractors, which allows them greater flexibility in managing their business, schedules, and client interactions. This structure enables agents to benefit from higher commission splits while reducing the overhead associated with employment.
Does eXp World Holdings offer stock ownership opportunities for agents?
Yes, eXp World Holdings allows its agents to earn company stock through various programs, including the Agent Equity Program, which enables agents to purchase stock at a discount, and by receiving stock awards for reaching certain performance milestones.
How can I become an agent at eXp Realty?
To become an agent at eXp Realty, you need to hold a valid real estate license in the state where you intend to operate. You can apply through the company's website, where you'll undergo an onboarding process that includes training on the eXp model and tools available to you as an agent.
How does eXp World Holdings generate revenue?
eXp World Holdings generates revenue primarily through commission splits from real estate transactions conducted by its agents. The company also earns revenue from fees associated with its virtual platform and from providing various services and resources to its agents.
How does eXp World Holdings handle compliance and regulation?
eXp World Holdings has a dedicated compliance team that ensures all agents and transactions adhere to local and national regulations. The company provides training on compliance requirements and operates a robust system to monitor compliance with licensed real estate practices.
How does eXp World Holdings support its agents?
eXp World Holdings supports its agents by providing extensive training programs, access to cutting-edge technology, and a collaborative community environment. Agents benefit from a full suite of resources, including marketing tools, leads generation, and a robust virtual office space.
How has eXp World Holdings grown since its inception?
Since its inception in 2009, eXp World Holdings has experienced rapid growth, expanding its agent count and market presence both domestically and internationally. The company has gone from having just a handful of agents to thousands of agents across various states and countries, establishing itself as a leader in the real estate industry.
Is eXp World Holdings a publicly traded company?
Yes, eXp World Holdings is a publicly traded company listed on the NASDAQ under the ticker symbol EXPI. This allows investors to buy and sell shares of the company on the stock market, providing transparency and liquidity.
What does eXp World Holdings, Inc. do?
eXp World Holdings, Inc. is a cloud-based real estate brokerage that provides agents and brokers with a platform for collaboration and business operations. It operates eXp Realty, which is one of the fastest-growing real estate brokerages in the United States, allowing agents to work in a virtual environment, conducting transactions and fostering relationships through digital means.
What gains has eXp World Holdings made in innovation?
eXp World Holdings continually invests in technology and innovation to enhance its service offerings. This includes developing tools for lead generation, digital marketing, transaction management, and customer relationship management, positioning agents to meet modern consumer needs effectively.
What is eXp World Holdings' approach to company culture?
eXp World Holdings promotes a collaborative and inclusive company culture that emphasizes community, transparency, and support among its agents and staff. This culture is reinforced through virtual events, communications, and ongoing engagement initiatives.
What is the company’s vision and mission?
The vision of eXp World Holdings is to redefine the real estate model and create a better and more sustainable approach to selling real estate. The mission focuses on empowering agents through technology, collaboration, and the opportunity to own equity in the business, fostering an environment of growth and success.
What markets does eXp Realty operate in?
eXp Realty operates in multiple markets across the United States, Canada, and several international locations, including countries such as the United Kingdom, Australia, and India. This expansion strategy allows them to reach diverse client bases and agents globally.
What sets eXp Realty apart from traditional brokerages?
eXp Realty differentiates itself from traditional brokerages by operating in a cloud-based environment. This model eliminates the need for physical office spaces, which reduces overhead costs and allows agents to work remotely, maximizing flexibility and efficiency.
What technology does eXp World Holdings utilize?
eXp World Holdings employs a suite of advanced technologies, including a virtual office platform called eXp World, which simulates a traditional office experience in a 3D environment. The platform facilitates meetings, training, and collaboration among agents and team members.
What training and educational resources does eXp World Holdings provide?
eXp World Holdings provides a comprehensive range of training and educational resources through its virtual platform. Agents have access to live training sessions, on-demand videos, and mentorship programs covering various topics, including technology use, sales strategies, and marketing techniques.
When was eXp World Holdings founded?
eXp World Holdings was founded in 2009 by Glenn Sanford, who aimed to create a real estate brokerage that utilized innovative technology and a virtual platform to empower agents and brokers. This approach has transformed the way real estate transactions are conducted.
Where is eXp World Holdings headquartered?
eXp World Holdings is headquartered in Bellingham, Washington. Its central location facilitates efficient operations and provides agents and brokers access to company resources through its virtual platform.
What is the current price of eXp World Holdings, Inc. - Common Stock?
The current price of eXp World Holdings, Inc. - Common Stock is 9.150
When was eXp World Holdings, Inc. - Common Stock last traded?
The last trade of eXp World Holdings, Inc. - Common Stock was at 4:00 pm EDT on April 3rd, 2025
What is the market capitalization of eXp World Holdings, Inc. - Common Stock?
The market capitalization of eXp World Holdings, Inc. - Common Stock is 1.40B
How many shares of eXp World Holdings, Inc. - Common Stock are outstanding?
eXp World Holdings, Inc. - Common Stock has 153.55M shares outstanding.