eXp Realty is elevating agent compensation to a new level with REvenue Share 2.0.

Calculations of income share aimed at improving transparency and providing new earning opportunities in the first year for agents working at eXp Realty. Simplifying the requirements for frontline qualified agents (FLQA) removes barriers to growth. The real-time income share distribution feature offers agents financial flexibility.

BELLINGHAM, Washington, May 1, 2024 (GLOBE NEWSWIRE)

eXp Realty®, "the agent-focused real estate company on the planet™" and the primary subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has announced significant improvements to its revenue distribution model in North America aimed at enhancing earning opportunities, increasing transparency, and simplifying income calculations.

“In 2009, the real estate market changed when eXp first introduced the revenue-sharing business model,” he noted.Glenn Sanfordthe founder, chairman, and CEO of eXp World Holdings. "The earning and collaboration potential among agents that this model created was an entirely new experience that others soon began to follow. Now is the right time to continue this innovation withRevenue Share 2.0.

Key aspects of the changes

• Agents will now be able to earn money from revenue sharing faster, as they can instantly unlock the first three levels of the model: both eXpansion and eXponential shares.
• Levels 4 to 6 will be fully accessible when 5, 10, or 15 productive agents are recruited into the company, respectively.
• Starting in July, a new bonus for quick recruitment will be introduced, which will be paid to agents when they join the company.
• The sponsoring agent can earn up to $4,000 or 5% of the gross commission income as long as they reach the income cap.
• The new feature "Real-Time Income Distribution" will allow agents to instantly withdraw accumulated income from profit sharing.

eXp Realty adheres to the principle of sharing.50%dollars with agents who contribute to its growth. In 2023, the company shared more than197 million dollarsas a share of income with agents for their efforts.

Revenue Share 2.0"aimed at helping agents earn money faster, simplifying the earning process, and providing the ability to receive payouts on demand. 'As always, we strive to be the most agent-focused real estate company in the world. We are clearly focused on helping our agents build their future so that they become the primary beneficiaries of the success of the eXp model,' Sanford added. 'These improvements are part of"Revenue Share 2.0“reflect our unwavering commitment to providing the best platform for the successful operation of real estate professionals.

“eXp is committed to constant innovation and continuous improvement,” he noted.Leo Pareja“As the CEO of eXp Realty, I actively take feedback from our agents to continuously refine our strategies, creating a solid foundation for their long-term success and ensuring that we stay ahead of the competition in the industry.”

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the parent company of eXp Realty®, Virbela®, and SUCCESS® Enterprises. eXp Realty is the largest independent real estate company in the world, with more than85,000agents in countries such as the USA, Canada, the UK, Australia, South Africa, India, Mexico, Portugal, France, and others, continuing to actively scale at an international level. As a public company, eXp World Holdings offers real estate professionals a unique opportunity to earn equity for achieving production goals and contributing to the overall growth of the company.

eXp World Holdings and its businesses offer a full range of brokerage services and technologies in the real estate sector, including an innovative Residential Brokerage model, professional services, collaborative tools, and personal development. The cloud-based brokerage model operates on the Virbela platform, which provides an innovative three-dimensional interaction scheme, making communication between agents more engaging and productive. SUCCESS® Enterprises, founded on the basis of SUCCESS® magazine and related media initiatives, was established in 1897 and has become a leading brand and publication in the field of personal and professional growth.

Declaration of Information Reliability

The contents of this document may include forward-looking expectations and other predictive statements based on the current views and assumptions of management, and include known and unknown risks and uncertainties that may lead to significant deviations of actual results, performance, or events from those expressed or implied in such statements. Examples of such forward-looking statements include, but are not limited to, future values of financial incentives. These forward-looking statements are valid only as of the date of this document, and the company does not undertake any obligation to revise or update them. Such statements do not guarantee future performance. Important factors that may lead to significant adverse deviations of actual results from those presented in forecasts include market or business changes; the difficulty of keeping expense growth at a modest level while revenues increase; and other risks that are periodically reported in filings with the Securities and Exchange Commission.

Media contact information:

eXp World Holdings, Inc.[email protected]

Contacts for investors:

Denise Garcia[email protected]