eXp Luxury has reached the 1,100 member mark and is accelerating global growth.
22 Nov. 2023 (GLOBE NEWSWIRE) - eXp Realty®, the "most agent-centric agency" and principal subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced today that its cutting-edge eXp Luxury real estate has surpassed 1,100 members in the U.S., Puerto Rico and Canada, and is expected to launch in other countries by the first quarter of 2024.
eXp Luxury utilizes eXp Realty's exclusive resources and innovative technology. Originally launched in the U.S. in October 2022, it quickly reached 700 members in less than a year. The launch in Canada will take place 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 by the first quarter of 2024. "Our agents' strong desire for access to eXp Luxury's exclusive community, its global resources and support has been a driving factor in the program's worldwide expansion," said Michael Valdes, Chief Growth Officer of eXp Realty. "With more than 1,100 active members on board, our international presence continues to grow. We are proud of eXp Luxury's rapid growth and look forward to joining our community of experts for other agents as we bring the future of luxury real estate to exciting new markets." To learn more about the eXp Luxury program, visit expluxury.com.
eXp World Holdings, Inc. (Nasdaq: EXPI) is a holding company that owns eXp Realty®, Virbela and SUCCESS® Enterprises.
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Required DISCLAIMER: The statements referred to herein may contain statements regarding expected future results and other forward-looking statements that are based on management's current views and assumptions and involve certain identified and unspecified risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied by such statements. These statements include, but are not limited to, statements regarding the continued growth of our agent and broker base, expansion of our real estate services business in foreign markets, revenue growth and financial performance. These forward-looking statements speak only as of the date of this document and the company is under no obligation to revise or update them. Such statements are no guarantee of future performance. Important factors that could cause actual results to differ materially adversely from those expressed in forward-looking statements include changes in business or other market conditions, the difficulty of maintaining a moderate level of expenses while increasing revenues, and other risks detailed from time to time in the company's reports, including, but not limited to, its most recent quarterly and annual reports filed on Form 10-Q and annual report on Form 10-K of the Securities Commission, respectively
Media Contacts:
eXp World Holdings, Inc.
[email protected]
Investor contacts:
Denise Garcia
[email protected]
The image accompanying this announcement is available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/3de7127b-a405-434a-b5a5-81e17d7be12d
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