The RE/MAX Canada team in Calgary, valued at $4 billion, is entering the competition for leadership at eXp Realty.

In a strategic decision that marks a turning point in the history of Canadian real estate, the most renowned realtor in Calgary, Justin Havre, along with his team of 60 advisors and 18 staff members, is leaving RE/MAX Canada to join eXp Realty, the largest independent real estate company in the world with an extensive network of 89,000 agents.

The team is leaving with an impressive sales volume record of 4 billion dollars in Calgary and the surrounding areas since 2016. Havre states that this transition is a deliberate step towards shaping the future of Canadian real estate and "aligns with our goal of addressing the changing needs of clients and agents in a digital world."

His team has sold nearly 9,000 homes in Calgary since 2016 and has been a leader among large RE/MAX teams in Canada for closed transactions over the past five years.

The newly branded Justin Havre real estate team has moved into their new 10,000 square feet of office space in Calgary to develop a hybrid of offline and online services that helps families from different provinces buy and sell real estate in Calgary through a 5-star online experience and showcasing real estate technology.

Collaboration strengthens eXp Realty's position in Canada and allows Justin Havre's team to become a key player in the brokerage services market. This partnership promises to deliver high performance and efficiency for the brokerage firm.

"Our decision to join eXp Realty is based on our desire to surpass ourselves in real estate. Our main goal is to empower agents to free themselves from financial obligations and embark on the path to entrepreneurial success," says Havre, noting that "it's hard to say goodbye to such outstanding colleagues and friends at RE/MAX. We have received a lot of help on our journey to becoming the best in Canada for RE/MAX and want to thank brokers Rick Campos and Cliff Stevenson, as well as many others, for their guidance, mentorship, and support as we begin a new chapter in the evolution of our team."

“We are absolutely thrilled to welcome Justin and his exceptional team,” says Glenn Sanford, founder and CEO of eXp Realty. “This collaboration combines their well-deserved reputation with eXp’s unwavering commitment to innovation and creating a unique environment for agents. This is an important step for eXp Realty in Canada, and we look forward to welcoming Justin and his team to eXp Realty and seeing them thrive in the ecosystem designed specifically for their entrepreneurial ambitions.”

About Justin Havre Real Estate Company

Justin Havre's real estate company with eXp Realty is a leading and award-winning Canadian real estate firm offering a full range of services for buyers, sellers, and investors in Calgary and the surrounding areas. A large team of high-performing agents is led by founder and real estate marketing pioneer Justin Havre. His ownership and work with CalgaryHomes.ca and Calgary.com are among the largest and most visited online real estate platforms in Calgary. He also created the Havre Home Selling System, which guarantees the sale of a home. With a commitment to high service levels, integration of advanced technology, and continuous growth, Justin Havre's real estate team joined eXp Realty from RE/MAX Canada in November 2023, becoming a leading player in this independent company's market in Canada. They brought with them a record sales volume in Calgary of $4 billion and over 2,200 five-star reviews on Google.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is a holding company that owns eXp Realty®, Virbela®, and SUCCESS® Enterprises. eXp Realty is the largest independent real estate company in the world, with over 89,000 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, the Dominican Republic, Greece, New Zealand, Chile, Poland, and Dubai, and continues to actively expand internationally. As a public company, eXp World Holdings offers real estate professionals a unique opportunity to earn company stock for achieving sales volume goals and contributing to the overall growth of the company. eXp World Holdings and its companies provide a full range of brokerage and technology solutions in real estate, including an innovative model for residential and commercial real estate, professional services, collaboration tools, and personal development. The cloud brokerage service operates on the Virbela platform, an immersive 3D platform that features deep social and collaborative functionality, allowing agents to be more connected and productive. SUCCESS® Enterprises, founded in 1897, is a leading brand in personal and professional development and publishing.

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

Important safety statement

This text may contain statements about future expectations and other forward-looking statements based on the current views and assumptions of management, including known and unknown risks and uncertainties that could lead to actual results, performance, or events differing from those expressed or implied in such statements. These forward-looking statements reflect only the situation as of the date hereof, and the company is not obligated to revise or update them. Such statements are not guarantees of future performance. Important factors that could lead to significant and adverse changes in the results expressed in forward-looking statements include changes in business conditions or other market conditions; the difficulty of maintaining expense growth at a level consistent with revenue increases; and other risks described from time to time in the company's documents filed with the Securities and Exchange Commission, including, but not limited to, the most recently filed quarterly report on Form 10-Q and the annual report on Form 10-K.

FOR THE MEDIA:For more information or to request an interview or television segment with Justin Havre, please contact:

Margo Rapport
Justin Havre's real estate team
Email: [email protected]
Phone: 416-895-5672

The photograph attached to this announcement is available at the following address:https://www.globenewswire.com/NewsRoom/AttachmentNg/03ba8ff0-31cc-4c9b-8f06-8f8d76e60edb