Business
eXp Realty Grows to 85,000 Real Estate Agents as Brokerage Continues Worldwide Expansion
Milestone Reached as eXp Realty Readies to Host its Largest EXPCON Agent Conference, Oct. 11-14 BELLINGHAM, Wash., Oct. 10, 2022 (GLOBE NEWSWIRE) -- eXp
About this update from Exp World Holdings, Inc.
[{"type":"text","content":"Milestone Reached as eXp Realty Readies to Host its Largest EXPCON Agent Conference, Oct. 11-14 BELLINGHAM, Wash., Oct. 10, 2022 (GLOBE NEWSWIRE) -- eXp Realty®, the fastest-growing real estate brokerage on the planet and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced it has exceeded 85,000 agents globally, representing an increase of 30% when compared to 65,286 agents at the start of October 2021. This year, several top-producing teams have moved to eXp Realty, including the Park City, Utah-based Lawson Team of 15 agents led by David Lawson. The team moved from Engel & Völkers, where they were ranked No. 1 in North America for GCI in 2019 and 2021. Another top-producing team joined from Houston, Texas. Ige Johnson Group moved 35 of the 50 top producing agents from RE/MAX to eXp Realty to benefit from its global reach, innovative technology and collaborative culture. In 2021, the brokerage closed 397 transactions for $93 million. Also notable was the Incorvaia Team, which ranked No. 2 in Ohio for volume and moved 31 agents to eXp Realty after 16 years at Keller Williams. In 2021, the team closed 731 transactions for $219 million. “Our compelling value and continuously evolving value proposition attracts top agents and teams from around the country and the world,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “Our competitive commission structure, unique revenue share opportunity and stock incentives are not only attractive, but they are also helping our agents grow their businesses in a challenging real estate market.” Additional teams and agents who joined eXp Realty in 2022 include: Justin Watson and The Justin Watson Team in Orwigsburg, PennsylvaniaJustin Watson, leader of The Justin Watson Team, brought eight agents to eXp Realty in September 2022. In 2021, the team closed 125 transactions for $22 million.Cory and Colby Meals of The Meals Team in Whitesboro and Sherman, TexasCory and Colby Meals, leaders of The Meals Team, brought their team of 10 to eXp Realty in August 2022. In 2021, the team closed 190 transactions for $53 million.Michael Gillies and Gillies Team Real Estate in Stafford, VirginiaMichael Gillies, leader of Gillies Team Real Estate, brought 16 agents to eXp Realty in June 2022. In 2021, the team closed 246 transactions for $117 million.Joseph and Chari...