Business
eXp World Holdings Completes Acquisition of Zoocasa Realty Inc.
BELLINGHAM, Wash., July 14, 2022 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS®
About this update from Exp World Holdings, Inc.
[{"type":"text","content":"BELLINGHAM, Wash., July 14, 2022 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced it has completed its acquisition of Zoocasa Realty Inc. and its key property, Zoocasa.com. The deal will expand eXp Realty’s online lead generation, home search and listings portal capabilities for its agents and brokers as well as for home buying and selling consumers across North America. Toronto-based Zoocasa is an award-winning consumer real estate search portal and brokerage. It offers an all-in-one intelligent, scalable listings platform that provides a seamless home search experience, deep market insights and a connection to local real estate experts. “We’re thrilled to officially welcome Zoocasa to eXp Realty,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “This acquisition will provide an immediate and exponential boost to our Canadian agents, as well as to our broader community of agents and real estate customers throughout North America as we look to expand Zoocasa offerings and technology-based solutions.” Zoocasa was previously owned by its CEO Lauren Haw and a group of investors, who purchased Zoocasa.com from Rogers Communications in 2015. Today, the platform has close to 12 million annual visits and 150 in-house real estate agents. For more information about eXp World Holdings and its subsidiaries, go to expworldholdings.com. For more information about Zoocasa Realty Inc., please go to Zoocasa About Us. 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 83,000 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, Dominican Republic, Greece and New Zealand 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 i...