Tag Archives: exp world holdings

EXp Realty expands into Poland amid international push

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Competition and a slowing market are making international expansions an increasingly important part of many U.S. companies plans for growth, including eXp Realty. Continue reading →

Opendoor lays off 18% of workforce ahead of Q3 earnings call this week

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The cuts affect approximately 550 people, Opendoor CEO Eric Wu said in a blog post Wednesday, and come amid a worsening housing market that has forced layoffs across the real estate industry. Continue reading →

Revenues rise and profits fall for eXp amid a ‘challenging’ Q3

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EXp World Holdings revenue increased 12 percent to $1.2 billion during the third quarter of 2022; however, its profitability slid 81.5 percent to $4.4 million — a reflection of an increasingly choppy market. Continue reading →

Real estate companies are about to tell us just how bad the downturn is

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Many of the industry’s big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market. Continue reading →

Lights, camera, luxury: Inside eXp Realty’s newest division, eXp Luxury

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Inman spoke with Chief Growth Officer Michael Valdes and three of the company’s charter luxury advisory council members to learn what’s in store for agents as it ramps up the new division. Continue reading →

CoStar sees revenue, profit jump in Q3 despite slowing housing market

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In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer. Continue reading →

EXp CEO: We’re aiming for 250K agents in US — but growth is slowing

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Despite ambitious goals, the virtual brokerage eXp Realty is seeing its growth slow amid a lagging market — and the company is unlikely to hit a target Sanford set earlier this year. Continue reading →

Glenn Sanford announces new eXp consumer app at EXPCON

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360 Home will launch in November and is focused on nurturing clients and guiding them through the buying, selling and owning processes. Continue reading →

The big iBuyers are getting brutalized in the stock market

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Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading →

Real estate companies dip as stock market tallies worst day in 2 years

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Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading →