Why did we join eXp Realty? Why are so many top agents and teams from across the country switching brokerages and joining eXp? Find out what all the hype is about in this new show from Kevin Kauffman and Fred Weaver of kevinandfred.com
I've known Derek Gilbert for well over a decade. He's one of the REALLY good guys in our industry. He befriended and helped Kevin Kauffman and I when we knew nearly nothing about real estate. Over the years we've maintained a great relationship. My wife and I have had dinner at his home with he and his awesome wife, Gina Wambold Gilbert. We've seen multiple concerts together, etc. Today I'm excited to announce that Derek has joined the eXp Realty family and the Kevin & Fred Community! Hear more directly from Derek on why he wishes he'd have made this move several years ago yet he's happy to have made the move recently...
Incredibly excited to welcome my friend Brian Thompson to the eXp Realty family and the Kevin & Fred Community! Like many agents, Brian wasn't unhappy at his former company. He didn't leave angry or mad. He simply kept seeing so many people he respected moving to eXp that he had to check it out for himself. Once he did, he was pleasantly surprised. Hear more directly from Brian...
eXp Global's President Michael Valdes shares what it truly means to run a business without borders and change lives through real estate without being limited by geography.
For over 3 years Clinton Porter kept waiting for eXp Realty to fail. The only problem is, it never did. In fact it kept growing and growing and getting more and more profitable. Clinton wasn't unhappy at his old brokerage but he finally decided it was time to explore eXp Realty and wow, is he ever glad he did.
From Nashville, TN, Top Agent and Owner of Referrals While You Sleep, Charlie Madison, has joined forces with us at eXp Realty. Listen in to why Charlie felt joining eXp was the next logical step for him and his business!
In today’s episode, I’m joined by real estate agent and founder of ONE eXp, Fee Gentry. On a mission to make real estate a place “where everyone feels like they have a place to belong”, Fee works tirelessly to help shape the future of our industry. In order to make real estate an industry that represents everyone, we have to go beyond tokenism and create a space where everyone can be part of the conversation. Fee shares why this is so important to this industry and our ability to attract and retain the leaders of tomorrow. Fee is not only a real estate agent, but an agent for change. She understands the importance of home ownership in building wealth and for over 15 years, has been helping her clients discover smart real estate investments. Her passion for inclusion and unity both within and outside of the real estate world has led her to spearhead innovative initiatives, helping to create a real estate industry where everyone’s voice can be heard and valued. Fee is the founder of ONE eXp, an initiative within eXp Realty which supports career development, champions fair housing principles and provides networking opportunities that encourage cultural awareness in supporting diverse groups such as Veterans, Pride, LatinX, Seniors and more. Fee is also part of the Board of Directors for eXp World Holdings where she is helping to build an equitable real estate industry from the inside out. When the world is tested, we’re given the opportunity to move toward something better, and bring more value to the human race. 2020 put a lot into perspective for all of us, and for the real estate industry. Everything we went through made many agents and leaders think deeply about the future and where we’re going as an industry. How do we create an industry where everyone feels valued, seen, heard and represented? This was an important call and one of the driving factors behind ONE eXp. There’s value in building workplaces that give everyone a feeling of belonging, it won’t just change real estate now, it will affect our ability to attract and retain talent in the future. Website: https://feegentry.com/ Instagram: @feegentry https://life.exprealty.com/one-exp/ Guest Info Fee is not only a real estate agent, but an agent for change. She understands the importance of home ownership in building wealth and for over 15 years, has been helping her clients discover smart real estate investments. Her passion for inclusion and unity both within and outside of the real estate world has led her to spearhead innovative initiatives, helping to create a real estate industry where everyone’s voice can be heard and valued. Fee is the founder of ONE eXp, an initiative within eXp Realty which supports career development, champions fair housing principles and provides networking opportunities that encourage cultural awareness in supporting diverse groups such as Veterans, Pride, LatinX, Seniors and more. Fee is also part of the Board of Directors for eXp World Holdings where she is helping to build an equitable real estate industry from the inside out. Website: https://feegentry.com/ Instagram: @feegentry https://life.exprealty.com/one-exp/
Preliminary 2020 Revenue Increases to Record $1.8 Billion, Most Profitable Year in History With Expected Net Income of Over $31 Million Virtual Fireside Chat To Be Held on March 11, 2021 at 2 p.m. PT / 5 p.m. ET BELLINGHAM, Wash., March 02, 2021 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, Virbela and SUCCESS Enterprises, today provided preliminary unaudited financial and operational results for the fourth quarter and full-year ended Dec. 31, 2020. The financial information below is preliminary, unaudited and subject to change when financial results are released on March 11, 2021. Preliminary Fourth Quarter and Full-Year 2020 Highlights: Revenue in the fourth quarter of 2020 is expected to increase 122% to approximately $609 million, compared to revenue of $274 million in the same year-ago quarter. Revenue for all of 2020 is expected to increase 84% to approximately $1.8 billion, compared to revenue of approximately $1.0 billion in 2019. Net income in the fourth quarter of 2020 is expected to increase 885% to approximately $7.7 million, compared to net income of $0.8 million in the same year-ago quarter. Net income in 2020 is expected to increase significantly to approximately $31.0 million, compared to a net loss of $9.6 million in 2019. The number of agents and brokers on the eXp Realty platform increased 63% in 2020 to 41,313, compared to 25,423 agents and brokers on the eXp Realty platform at the end of 2019. Residential transaction sides closed in the fourth quarter of 2020 increased 113% to 82,055, compared to 38,611 in the same year-ago quarter. Residential transaction sides closed in 2020 increased 77% to 238,981, compared to 135,322 in 2019. Residential transaction volume closed in the fourth quarter of 2020 increased 123% to $24.6 billion, compared to $11.0 billion in the same year-ago quarter. Residential transaction volume closed in 2020 increased 89% to $72.2 billion, compared to $38.2 billion in 2019. “Our record revenue and profit in 2020, which accelerated in the fourth quarter of 2020, was driven by our growing base of the best agents in the world that continue to capitalize on the strength of the residential real estate market,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “With global operations, our unique, cloud-based platform has provided agents a significant competitive advantage in the real estate industry. With the acquisition of SUCCESS Enterprises at the end of the year, we continue to build a competitive value proposition, which is unique in the real estate industry.” This information is delivered in advance of eXp World Holdings’ Annual Report on Form 10-K that will be released on Thursday, March 11, 2021 and can be viewed at https://expworldholdings.com. Fourth Quarter and Full-Year 2020 Financial Results – Virtual Fireside Chat A virtual fireside chat and investor Q&A session with eXp World Holdings Founder and CEO Glenn Sanford and CFO Jeff Whiteside will be held on Thursday, March 11, 2021 to discuss fourth quarter and full-year 2020 financial results and recent milestone achievements. The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its platform. Date: Thursday, March 11, 2021 Time: 2 p.m. PT / 5 p.m. ET Location: EXPI Campus. Join at virbela.com. Livestream: expworldholdings.com/events About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, Virbela and SUCCESS Enterprises. eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 46,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico and Brazil 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 an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. 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 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 America investors@expworldholdings.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ef9372e7-7349-4364-9532-4cba76392954
Today, eXp announced it has expanded into Brazil, under the eXp Brazil banner. eXp Brazil’s brokerage operations will be led by Ernani Assis, Managing Director and Broker. Assis brings more than 15 years of experience in the Brazilian real estate market. “eXp Brazil arrives in a moment of recovery for the real estate market in the country, with favorable forecasts and programmed growth,” says Assis. “At eXp, we invest in our agents’ success. eXp’s presence in Brazil will encompass all major cities and regions, with an initial focus on Sao Paulo, Rio de Janeiro, and Minas Gerais. Brazil represents one of the countries that eXp Global has identified for expansion during the first quarter of 2021. Puerto Rico launched in January, and Italy and Hong Kong are also set to launch in Q1 2021.
Agent count at eXp climbed north of 35,000 in the third quarter of 2020 eXp World Holdings’ official earnings report is set to be released on November 9 and will provide a much fuller financial picture — including whether or not the company was profitable in the quarter — but the company released select numbers Tuesday showing transaction sides increased 95 percent, to 75,392, and sales volume increased 112 percent to $23.6 billion for the three months ending September 30, 2020.
We’re joined by Knolly Williams with the exciting announcement the legendary real estate agent and entrepreneur, Stuart Sutton is joining the eXp family! Stuart brings years of experience and expertise, combining the best of the old school work ethic, integrity and system with technology. Stuart shares what motivated him to join eXp, and why the collaboration that’s built into the brokerage is so powerful. Both Stuart and Knolly are agents we admire because they’ve built businesses around consistency and niches that last through the ups and downs of real estate business. Stuart coaches on the value of niches and specializing as real estate because that’s the key to true enduring success. Stuart is a real estate broker with 27 years experience in the Austin, Texas real estate market. He has also created and sold real estate related internet businesses providing services to real estate agents and consumers throughout the U.S. and Canada. Stuart’s specialties include training and teaching several thousand real estate agents annually via workshops, seminars and tele-conference training courses. Knolly Williams is an author, trainer, entrepreneur and agent. He has dedicated his life to serving and empowering others by providing life changing training that empowers people to live the lives they were meant to live. Knolly helps people live the best life they can, now. He leads, inspires and motivates people to become all that God created them to be, so they can live the life they were meant to live. So many people in this business are looking for the quick and exciting fix to success, but nothing beats the results we get from consistent productivity. Well-respected agents like Stuart Sutton and Knolly Williams have built businesses around consistency and niches. Their success is proof that those fundamentals last through the ups and downs of the real estate business. Stuart and Knolly are two powerhouse real estate names, and now they are joining forces because Stuart Sutton is coming to eXp Realty! Guest Info Stuart is a real estate broker with 27 years experience in the Austin, Texas real estate market. He has also created and sold real estate related internet businesses providing services to real estate agents and consumers throughout the U.S. and Canada. Stuart’s specialties include training and teaching several thousand real estate agents annually via workshops, seminars and tele-conference training courses. To get in touch with Stuart call 512.844.3254 or email stuart@stuartsutton.com. Knolly Williams is an author, trainer, entrepreneur and agent. He has dedicated his life to serving and empowering others by providing life changing training that empowers people to live the lives they were meant to live. Knolly helps people live the best life they can, now. Knolly leads, inspires and motivates people to become all that God created them to be, so they can live the life they were meant to live.
eXp World Holdings Names James Huang as President, eXp Commercial BELLINGHAM, Wash. — Sept. 22, 2020 — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and VirBELA, today announced the appointment of James Huang as president of the commercial division of eXp World Holdings, Inc. In this new role, Huang will be responsible for launching eXp’s commercial business and growing the footprint across the United States and globally. Huang brings more than 20 years of commercial real estate experience to eXp with several years at commercial investment company Marcus & Millichap and 15 years leading his own full-service commercial real estate brokerage firm based in Los Angeles. Most recently, he was president of Sperry Commercial Global Affiliates. While at Sperry, his team grew and oversaw more than 65 affiliates located across more than 20 states and multiple countries. “James is an innovator in the commercial real estate space and has held leadership roles in some of the most well-known and highly-regarded commercial firms in North America,” said Jason Gesing, eXp Realty CEO. “His experience is aligned with eXp’s shared values, and we see countless opportunities for innovation in our expansion into commercial real estate. We look forward to Jim’s leadership as we introduce new and unprecedented earning, learning and growth opportunities to the very best commercial agents and professionals in the business.” Huang has a long history of service to the industry with board and leadership positions at many prominent trade groups, including for-profit and non-profits, such as the Asian Pacific Islander American Public Affairs Association. He is currently serving as president of the Asian Real Estate Association of America (AREAA). In an international capacity, he is currently president-elect of the Southern California division of FIABCI International Real Estate Federation, which is based in Paris, France. FIABCI is the world’s leading international real estate organization devoted to all real estate specialties and activities. “I am very excited for this new opportunity with eXp Realty, a company that has dominated and thrived over the last couple of years,” said Huang. “I am looking forward to using eXp’s model and infrastructure to help develop and grow eXp’s commercial real estate and ancillary services division.” Prior to real estate, Huang worked on Wall Street in brokerage and portfolio management, structured finance and consulting. About eXp World Holdings eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty, eXp Commercial, VirBELA and Showcase IDX. eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 35,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth. VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com. Want to hear more? Visit us at kevinandfred.com
In this episode, we’re joined by Dave Z to share the exciting news that he’s extended his contract with us and eXp Realty. In the last two years, his business has gone from $30 million to $100 million in volume, and this incredible trajectory of growth and profitability started with his decision to join eXp. He’s also been able to shift his role inside the business and become more of a leader and entrepreneur. Even though Dave was happy where he was, moving to eXp has unlocked incredible relationships, and he has benefited from eXp’s culture of giving and collaboration. He talks about his eXp journey, why moving here was a life changing decision and the value he’s getting out of this community. The type of growth Dave has seen is a big deal, in any city, market or brokerage, and He attributes it to eXp’s collaboration and relationship-driven culture. By mastering relationships, he has been able to compress his success, multiply his profitability, and grow without having to do more sales. The upside of getting to be around the right people has been huge for Dave, and this is why he has extended his contract with eXp Realty. We also discussed; Why Dave moved to eXp though he was happy where he was The power of relationship mastery How eXp incentivizes collaboration and support Guest Info Dave is the Team Owner at The Z Team brokered by eXp Realty.