eXp Luxury flies above 1,100 participants, fueling global growth

BELLINGHAM, Washington, D.C., Nov. 21, 2023 (GLOBE NEWSWIRE) - eXp Realty®, "the most agent-centric real estateagency on the planet™," and a principal division of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that they have reached the 1,100 member milestone for the eXp Luxury luxury real estate program in the U.S., Puerto Rico and Canada, with the program expected to launch in additional countries by the first quarter of 2024.

eXp Luxury leverages eXp Realty's exclusive resources and innovative technology. It was first launched in the US in October 2022 and was able to attract 700 participants within a year. It was followed by a launch in Canada in September 2023 and in Puerto Rico this month. The program is expected to expand to the UK, South Africa, Portugal, Australia and''New Zealand through the first quarter of 2024.

"Our agents' strong desire to join eXp Luxury's exclusive community, utilize its top-notch resources and receive support has been instrumental in the program's global expansion," said Michael Valdes, chief development officer of eXp Realty. - "We now have over 1,100 participants and our global presence continues to grow. We are proud of eXp Luxury's rapid growth and look forward to offering more agents the opportunity to join our expert community as we bring the future of luxury real estate to new and exciting markets.".

For more information about the eXp Luxury program, visit expluxury.com.

O''s eXp World Holdings, Inc.

eXp World Holdings, Inc.(Nasdaq: EXPI) is the holding company that owns eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 89,000 agents in the United States, Canada, United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai, and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals with a unique opportunity to receive equity in return for meeting sales goals and contributing to the overall growth of the company.

For more information, visit https://expworldholdings.com.

The risk protection statement: the statements contained in this''document, may include statements of future expectations and other forward-looking statements based on management's current views and assumptions, and may involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ from those expressed or implied by such statements. These statements include, but are not limited to, statements about continued growth in the number of our agents and brokers; expansion of our residential real estate business in foreign markets; revenue growth; and financial performance. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. Such statements do not''are guarantees of future performance. Important factors that could cause material and adverse changes relative to the results expressed in the forward-looking statements include changes in business or other market conditions; the difficulty of meeting modest cost growth while increasing revenues; and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission, including, but not limited to, its most recent interim report on Form 10-Q and annual report on Form 10-K.

Contact for media relations: eXp World Holdings, Inc. [email protected]

Investor contact: eXp World Holdings, [email protected]

The news release is accompanied by an image available at the link: https://www.globenewswire.com/NewsRoom/AttachmentNg/3de7127b-a405-434a-b5a5-81e17d7be12d

eXp Luxury surpasses 1,100 member mark, driving global growth

The company plans to launch additional markets under the program by the first quarter of 2024.