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EXp honors teams for new community share award

EXp honors teams for new community share award

EXp honors teams for new community share award
EXp honors teams for new community share award

The expert real estate company eXp Realty®, a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), is pleased to announce the launch of Thrive, a new program designed to encourage culturally aligned, productive teams to join the eXp Realty family. Once the team joins the real estate company, the team leader will be given an equity stake based on their previous 12-month production, subject to future accrual.

"As a company constantly striving to push the boundaries in supporting our agents, eXp Realty is always looking for new ways to improve the agent experience," said Michael Valdes, chief development officer at eXp Realty. - "Earlier this year, we introduced two incentive programs, Boost and Accelerate, designed to help independent real estate companies and individual agents transition to eXp Realty. Now with the addition of the Thrive program, we're offering teams an accelerated opportunity to gain equity stake. We understand that each team has its own unique culture and way of doing business, and we want to provide a platform on which they can thrive in our agent-centric environment. "

eXp Realty will provide this incentive reward to team leaders of culturally aligned teams of more than 10 agents, as well as a team leader and a minimum sales volume of $40 million/Canada in the home country for the previous 12-month reporting period. International qualifications will be determined at a later date. Additional requirements apply. A key criterion of this program is the commitment of team leaders to train the team and ensure its members are integrated into the eXp Realty ecosystem as part of their cultural alignment with eXp.

The Thrive program will launch immediately in the United States and Canada and will soon become available in an additional 22 international eXp markets, subject to applicable law. To learn more about eXp Realty's new Thrive program and how it can benefit your team, please follow this link.

Company eXp World Holdings, Inc.

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(Nasdaq: EXPI) is the holding company for 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 grow aggressively overseas. As a publicly listed company, eXp World Holdings provides real estate professionals with a unique opportunity to earn equity interests for meeting production goals and contributing to the overall growth of the company. eXp World Holdings and its business units offer a full suite of real estate brokerage and technology solutions, including an innovative real estate business model, professional services, collaboration tools and personal development. The cloud brokerage platform is powered by Virbela, an immersive 3D platform that provides a deep social and collaborative environment that allows agents to be more connected and productive. SUCCESS® Enterprises, founded in 1897 and publisher of SUCCESS® magazine and related media resources, is the leading brand and publication in personal and professional development.

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

An important statement

The statements contained herein may express views of expected results 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 from those expressed or implied by such statements. Examples of such forward-looking statements include, but are not limited to, the availability of stimulus programs in international markets and the future value of financial stimulus programs. Such forward-looking statements reflect only as of today, and the company undertakes no obligation to revise or update them. Such statements are no guarantee of future performance. Important factors that could cause actual results to differ from those expressed in the forward-looking statements include changes in business or other market conditions; the difficulty of maintaining a moderate level of 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, the most recently filed quarterly report on Form 10-Q and annual report on Form 10-K.

Media contact:

eXp World Holdings, Inc.

[email protected]

Investor contact:

Denise Garcia

[email protected]

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