eXp World Holdings Inc. (EXPI)

Take a look at some of our previously featured companies

Postby QualityStocks » Fri Apr 01, 2016 3:32 pm

Let us hear your thoughts about this company!
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Thu Nov 03, 2016 3:19 pm

eXp World Holdings, Inc. (EXPI) Capitalizing on Canada’s Real Estate Market

Recently, real estate in Canada has reached an all-time high, but it is worth noting that many analysts, including those at the Financial Post (http://dtn.fm/6v2Zh), are convinced that price acceleration in Canada will slow without experiencing a hard landing. The article also reports significantly elevated prices in both Vancouver and Toronto, although these are slowly dropping. In addition, a report entitled ‘Vancouver still top real estate market to watch in Canada: report’ (http://dtn.fm/D2nYz) names Vancouver the top Canadian real estate market to watch in 2017 thanks to millennials.

The article (by News 1130) says that, although housing prices could drop slightly in 2017, Canada is in for a year of continued stability. Not only this, the PWC report ‘Emerging Trends in Canadian Real estate 2017’ (http://dtn.fm/321Sz) states that “the main message is that every regional market offers opportunities for savvy developers and investors—as long as they embrace technology and anticipate their future buyers’ needs.”

With the technological factor in mind, it is no surprise that companies such as eXp World Holdings, Inc. (OTCQB: EXPI) are set to capitalize on Canada’s real estate market. With potential tenants and buyers more informed than ever thanks to the Internet, real estate firms are having to adapt to customer’s growing tech needs, a point brought to light by a respondent of the PWC report. The respondent stated, “We’re getting to the point where if people don’t recognize technologies are existing and, moreover, how to integrate them, opportunities are being missed.”

EXPI is the holding company for a number of subsidiaries, most notably, eXp Realty LLC and eXp Realty of Canada. eXp Realty, the Agent-Owned Cloud Brokerage®, is a full-service real estate brokerage providing 24/7 access to collaborative tools, training, and socialization through a 3-D cloud office environment. This breakthrough in technology is allowing EXPI to create a business model that increases brokers and agent listings and sales while reducing overhead capital requirements.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Nov 09, 2016 4:33 pm

eXp World Holdings (EXPI) Brokerage Passes 2,000-Agent Mark as More Members Join Every Day

Likely the fastest growing cloud-based brokerage in the United States, eXp Realty recently announced that it has passed the 2,000-agent mark as more and more real estate professionals are choosing to join its ranks every day. A subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI), eXp Realty announced that it expanded its agent base to more than 2,000 members in a Twitter post a few days ago.

The Agent-Owned Cloud Brokerage™ reported having a total of 2014 agents at the end of October, and since then, dozens of new members have joined. This makes it very likely that the company will reach and even surpass its target of having 2,200 agents by the end of the year. In addition to the individual real estate agents that joined the brokerage over the last few days, several realty firms have also entered its ranks. The most recent addition is Arkansas’s number two realty firm, Burch & Co. Real Estate, which transitioned its entire team of 17 brokers and agents to eXp Realty. Before them, the Agent-Owned Cloud Brokerage™ was joined by leading Baton Rouge, Louisiana, firm Darren James Real Estate Experts; one of the top realty teams in California – Sacramento’s Brent Gove Team; and South Texas’s top international luxury agent, Miguel Herrera.

This accelerated growth is largely due to the business model proposed by eXp Realty, a model that has been continuously pushing the brokerage further and acted as the driving force behind its continued growth and that of its parent company, EXPI. eXp Realty is, first of all, a brokerage of the future, embracing the latest technologies and virtual and augmented reality advancements to create a tight-knit community of real estate professionals covering 41 states, the District of Columbia and Alberta, Canada. Its use of virtual reality and cloud-based platforms reflects a growing trend in the real estate market that’s expected to reach new heights in 2017, according to the annual PwC report ‘Emerging Trends in Real Estate®’ (http://dtn.fm/dsuI9). The analysis puts emphasis on the increased quality of service that augmented reality can bring and notes that experts expect up to $2.6 billion in real estate VR/AR applications by 2025.

As a fully cloud-based brokerage, eXp Realty conducts all its operations through a virtual reality platform, from agent training to lead generation, leadership meetings, exchanges of ideas and experience, IT services and many more. In addition to helping agents and brokers stay connected 24/7 from the comfort of their own homes, this model also eliminates all the expenses traditionally associated with owning and running a brick-and-mortar office, so brokerage members are able to provide more efficient services to their consumers and increase their own profit without spending too much out of pocket. Another attractive feature of the eXp Realty model is that it gives its members the opportunity to become owners through lucrative revenue sharing programs and by enabling them to become shareholders in exchange for their contributions to the company’s growth and development.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Tue Nov 15, 2016 5:30 pm

eXp World Holdings, Inc. (EXPI) Announces Third Quarter Financial Results

Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) released its financial results for the third quarter of 2016. Among the highlights, the company achieved a 112 percent year-over-year increase in revenues, recording $15.6 million for the three-month period ended September 30. EXPI attributed this increase to the growth of its real estate division, eXp Realty, which now includes more than 2,130 real estate professionals across 41 states, the District of Columbia and Alberta, Canada. This total marks an increase of more than 150 percent from the end of Q3 2015.

In recent weeks, eXp Realty’s commitment to offering an unparalleled value proposition to its agents and brokers has helped it attract a number of high-profile professionals to its ranks. In October, the company announced the addition of Miguel Herrera, known as the top international luxury agent in all of South Texas, to the Agent-Owned Cloud Brokerage®. Other recent additions to the eXp Realty team include the Brent Gove Team, which was recognized as one of the top real estate teams in California; Darren James Real Estate Experts, which was ranked number one in the Gulf States region by REALTOR® for total production in both 2014 and 2015; and Burch & Co. Real Estate, which was ranked the top real estate firm in Northeast Arkansas in 2015.

“It continues to be gratifying to know that creating a cloud-based brokerage focused on the agent resonates so clearly that it is reflected in the continued high rate of growth in agent count and revenues,” Glenn Sanford, chairman and chief executive officer of EXPI, stated in the news release. “With this level of growth also comes the responsibility to manage that growth so it is sustainable over the long haul. Continually evaluating and investing in the infrastructure and tools necessary to support our growth and ensure scalability of eXp Realty’s business model is a top priority and is a commitment shared at all levels of the organization, from the board, senior leadership and other stakeholders.”

In addition to its revenue growth, EXPI successfully strengthened its cash position in the third quarter of 2016. The company reported cash and cash equivalents of $944,000 as of September 30, marking an increase of 110 percent from the comparable period of 2015. Total stockholder’s equity was also up an impressive 141 percent to $2 million at the close of Q3, which was a year-over-year increase of 141 percent.

Rounding out its latest financial release, EXPI reported a net loss attributable to common shareholders of $14.6 million for the three-month period. This loss was primarily attributable to a $14.1 million non-cash stock option compensation expense. The adjusted net loss attributable to common shareholders was reported at $559,000 for the quarter.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Nov 16, 2016 5:17 pm

eXp World Holdings, Inc. (EXPI) Gearing Up to Serve Generation Z

Recently there has been a lot of talk about Generation Z from real estate sources such as The National Association of Realtors (NAR), DS News, and 8Z Real Estate, effectively stating that “Nearly All of Generation Z Sees Homeownership in Their Future.” Although the focus has often been on millennials when it comes to home ownership, DS News (http://dtn.fm/9gGFs) asked its readers some key questions: “What about the generation that follows behind Millennials? What are those from Generation-Z, or those born after 1996, planning when it comes to becoming future homeowners?”

An NAR article entitled ‘Nearly All of Generation Z See Homeownership in Their Future’ (http://dtn.fm/iZ1dG) highlights findings from a session titled ‘The Gen Z Consumer’ at the 2016 REALTORS® Conference & Expo, during which a panel of Gen Z people discussed in some detail what their social media and shopping preferences are, including their future plans to become property owners. At the conference session, Sherry Chris, president and CEO of Better Homes and Gardens Real Estate, pointed out that it was time to learn more about the future of the real estate industry and the next generation that is going to lead it.

Every panelist at the session said that they would like to own their own home and that homeownership will be part of their future. Although results varied between rural and suburban areas, everyone expressed a desire for large square footage. In addition, according to Better Homes and Gardens Real Estate, 97% of Gen Z believes they will own their own home and 82% said owning a home is one of the most important factors in achieving the American dream. In addition to the above, many polled Gen Z-ers said they will most likely work with a real estate agency, and that although they would search online they believe it is important to have professional guidance during the process. 8Z Real Estate (http://dtn.fm/1UEk0) put it perfectly: “There are 55 million of them, about 17% of the US population. Gen Zers are digital natives who don’t make much of a distinction between the physical and digital worlds.”

This is where eXp World Holdings, Inc. (OTCQB: EXPI), the holding company for eXp Realty LLC, comes in. Since its beginnings, the company has moved to better equip its agents with a technologically sophisticated Cloud Office Environment, allowing them to work, attend classes, collaborate, and innovate to best serve their customers.

EXPI has combined advancements in technology with the simple fact that real estate consumers still see value in working with professionals. The systems and tools put in place by the company allow consumers to be more informed, with masses of information and imagery, all while being equipped with professional help that lends a comparative perspective on properties, and negotiates and advocates on their behalf.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Tue Nov 22, 2016 5:07 pm

Fundamental Research Corp. Raises Revenue Forecast for eXp World Holdings (EXPI) after Record Q3 Results

Independent research group Fundamental Research Corp. announced that it has updated its analysis of eXp World holdings, Inc. (OTCQB: EXPI) with an increased fair value estimate and revenue forecast after the company’s record financial results in the third quarter of 2016. The research firm began coverage of eXp World Holdings in April and has already updated its projections once in August amid the group’s unprecedented high growth driven by its real estate brokerage division, eXp Realty.

eXp Realty has remained the driving force behind the group’s increase throughout the last few months, as it is currently one of the fastest growing real estate brokerages on the U.S. market, having nearly tripled in size and operations since inception. The Agent-Owned Cloud Brokerage™ currently has more than 2,200 real estate professionals serving 41 states, the District of Columbia, and Alberta, Canada. eXp Realty had only 864 agents on January 1 of this year and 1,580 in August, when the previous Fundamental Research Corp. report was released.

In its latest report (http://dtn.fm/7AopD), released on Monday, Fundamental Research Corp. raised its year-end agent forecast to 2,400, up 300 from its previous estimate of 2,100. The research group also raised its average agent count for 2017 while maintaining its year-end estimate at 4,500 agents. The long-term agent count forecast was also raised from 15,000 to 25,000 by 2022. According to the report, EXPI’s ability to attract successful real estate professionals at such an impressive rate is vital and will enable the company to continue its rapid growth of its agent base.

The revenue forecast for 2016 was also raised to $53.46 million from $48.94 million. For 2017, the research group estimates a higher revenue of $101.43 million, compared to the previous estimate of $82.50 million. Noting that EXPI’s revenues in Q3 increased by 112% year-over-year to $15.77 million, and that total revenues for the first nine months of 2016 were $36.18 million, 120% higher than the same reporting period last year, Fundamental Research Corp reiterated its ‘Buy’ rating for the company, with a raised fair value estimate of $6.78 per share compared to the current $4.06 per share.

The research group also reiterated its risk rating of 4 for the company, outlining the following potential risks: the high competitive nature of the real estate brokerage industry, the company’s overall profitability being very dependent on the health and state of the real estate market, the fact that the company is still in a growth stage with a rather short track record and has yet to prove its ability to retain agents long-term, and the company being susceptible to negative regulatory law changes, as any other real estate brokerage on the market.

The company’s exponential growth rate is the direct result of eXp Realty’s unique business model that relies heavily on cloud-based technologies and advanced virtual reality platforms to build a strong online community of real estate professionals. Without the limitations of a brick and mortar office and related expenses, members can provide efficient customer service and increase their profits with a lower risk. The company also offers all agents the possibility of being owners by giving them access to revenue sharing programs and the opportunity to become shareholders based on their contribution to company growth.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Tue Nov 29, 2016 3:52 pm

eXp World Holdings, Inc. (EXPI) Keeping Up-To-Date with Buyer Demographics

According to The National Association of Realtors (http://dtn.fm/Ct9j5), this October was the second month in a row to show incredible sales peaks in existing home sales, registering the highest sales rate in nearly 10 years. With existing home sales skyrocketing for yet another month, it is no surprise that real estate agencies are looking for ways to maintain a competitive edge, anxious to better serve their customers based upon preferences and demographics. eXp World Holdings, Inc. (OTCQB: EXPI), the holding company for eXp Realty LLC, a unique agent-owned cloud brokerage, believes in just this. In order to maintain a competitive edge, EXPI stays up-to-date with not only the current geopolitical and economic changes in both the U.S. and Canada but also the volatility in various markets, employment rates, and all technological changes.

The National Association of Realtors published an article, entitled ‘Protecting Your Brand Online: Social Media Tips for Real Estate Professionals’ (http://dtn.fm/8uHp8), which highlights the importance of maintaining a strong position within the virtual world. EXPI works through a cloud office environment, allowing brokers and agents to work, attend classes, strategize, and collaborate through a virtual medium while efficiently serving customers in their search for a new home. The company is the first truly agent-owned brokerage, allowing it to increase broker and agent listings and sales while reducing overhead costs.

However, the changing real estate scene is not just about advances in technology. The diversity of future homebuyers is expected to transform the real estate industry as a whole. During the buyer preferences forum (http://dtn.fm/U0vFV), organized by Realtor University, professionals discussed the changing demographics in the U.S., new home preferences, and the livability needs of current and future home buyers. According to the research, nearly every generation has a strong desire to own their own property. The article pointed out that, despite technological advancements, “This tough environment for buyers and sellers further demonstrates the importance of real estate businesses being based on relationships and face-to-face interactions.”

eXp World Holdings combines advanced technology from its cloud-based environment with the value that consumers see from working face-to-face with professionals. Because many future home buyers start their searches online, the company cuts costs by cutting out physical brick and mortar offices, yet maintains a high level of service by navigating the home buying process with clients while giving information and comparative perspective on properties. Agents at EXPI provide local market expertise, negotiating and advocating on their clients’ behalf.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Nov 30, 2016 3:48 pm

eXp World Holdings, Inc. (EXPI) Welcomes Marsee Wilhems Team to eXp Realty

Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced that the Tucson-based Marsee Wilhems Team, one of the premier real estate teams in the country, has joined the Agent-Owned Cloud Brokerage®. The addition continues on eXp Realty’s recent trend of attracting top real estate professionals from across the country to its ranks. Within the last six weeks alone, the company has welcomed the Brent Gove Team, one of the top real estate teams in California; Darren James Real Estate Experts, which was ranked 51st in the nation by The Wall Street Journal in 2015; and the Eric Burch Real Estate Team, which is currently among the top two real estate groups in all of Arkansas.

“Today’s announcement demonstrates the continuing and growing appeal to the very top teams in the United States whose entrepreneurial leaders and members benefit from one low universal cap across all markets, a centralized and collaborative team meeting location that can be accessed from anywhere, and access to some of the top lead generating systems and programs in the industry, while building an ownership interest in the brokerage that they contribute to, own and help build,” Vikki Bartholomae, president of eXp Realty, stated in this morning’s update.

The accomplishments of the Marsee Wilhems team stack up favorably with the very best in the industry. In 2016, Wilhems earned the top spot in The Wall Street Journal’s real estate rankings for the State of Arizona, as well as the 16th spot on the national list. As the former owner of RE/MAX (NYSE: RMAX) Majestic, she and her team sold more than 4,000 homes in Greater Tucson while generating more than 600 new buyer leads monthly through innovative marketing efforts. In addition to establishing her position atop the Arizona real estate market, this performance also helped Wilhems become the only agent in Tucson to earn the official endorsement of Shark Tank investor and New York real estate mogul Barbara Corcoran.

“Our team has been fortunate to achieve market share and great success in Tucson over the years,” Wilhems noted in this morning’s news release. “We’ve invested a lot in our business, in our marketing and in our agents so this is a big move for us and we make it knowing that eXp Realty represents the best opportunity for us as a team and as individuals.”

As of November 15, eXp Realty had attracted a roster of more than 2,130 real estate professionals across 41 states, the District of Columbia and Alberta, Canada, marking an increase of more than 150 percent over the end of Q3 2015. The rapid growth of the company’s agent base has sparked similar financial growth, with EXPI reporting $15.7 million in total revenues for the three-month period ended September 30, 2016, a year-over-year rise of 112 percent. This performance also garnered EXPI an upward revision to both near-term and long-term growth forecasts from independent research firm Fundamental Research Corp. (http://dtn.fm/MsH84).

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Dec 07, 2016 5:17 pm

eXp World Holdings, Inc. (EXPI) Creating a Legacy of Commercial and Social Impact

eXp World Holdings, Inc. (OTCQB: EXPI) is a corporation of the times and parent company to a selection of notable subsidiaries that are making a lasting impact, both commercially and socially. The most notable of these companies is eXp Realty LLC, a rapidly-growing, cloud-based brokerage with an agent base featuring more than 2,000 members.

The eXp Realty business model is a thing of beauty. The model has helped accelerate eXp Realty’s already significant growth throughout North America (since January 1, 2016, eXp Realty has added over 1,000 real estate professionals to its ranks and more than doubled its staff numbers) and led to eXp Realty being cited as a ‘brokerage of the future’ (http://dtn.fm/Y8P6p).

eXp Realty runs all of its operations remotely. From agent training to lead generation, leadership meetings, exchanges of ideas and experiences, IT services and more, every aspect of the business is run through a virtual reality platform. This complete embrace of ground-breaking technology, including virtual and augmented reality advancements, has helped the company form a close-knit community of real estate professionals who serve over 40 markets across the United States and Canada.

eXp Realty does a lot of things differently. Through its 3-D, fully-immersive, cloud office environment, agents and brokers can collaborate, train and socialize anywhere and anytime. Courtesy of their around-the-clock access to this office environment, they can stay connected from the comfort of their homes or while traveling abroad and, at the same time, erase all of the expenses typically linked to owning and running a physical office. This way, brokerage members are able to increase their profit margins without spending too much out of pocket and, simultaneously, provide more cost-effective services to their customers.

On the revenue side, the eXp Realty business model goes several steps further through aggressive and profitable revenue sharing programs. It offers its members the opportunity to earn equity rewards in exchange for their contributions to the company’s growth. Plus, both eXp Realty and eXp Realty of Canada pay agents a percentage of the gross commission income earned by colleagues they bring into the company.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Dec 14, 2016 5:38 pm

eXp World Holdings, Inc. (EXPI) Maintaining a Positive Outlook for the Real Estate Industry in the U.S.

eXp World Holdings, Inc. (OTCQB: EXPI), the holding company for the agent-owned cloud-brokerage eXp Realty LLC, is maintaining a positive attitude toward the coming year. Most recently, RISMedia (http://dtn.fm/6JKt6) published a study highlighting the fact that more real estate executives are confident about their own local economies than about the world economy. Yet many real estate executives are concerned about risks posed by rising costs for traditional real estate, especially if the market should slump.

eXp World Holdings, Inc. is of the same opinion, pointing out that expenditures on brick and mortar facilities would remain fixed in the face of falling profits. According to EXPI: “Physical brick and mortar offices are of diminishing utility but represent a steady and escalating expense that erodes profits.”

EXPI has therefore used the emergence of the Internet as a force to drive advertising, leads, and sales, without the need for brick and mortar offices. By becoming a cloud-based brokerage and adopting a number of cloud-based technologies, EXPI has been able to not only cut out redundant staffing costs but also cut down on ancillary costs such as utility bills, rent, CAM, and furnishings, which are associated with brick and mortar locations.

As a result of the organization’s ability, from the beginning, to evolve with technological advancement and reduce costs by adopting a cloud-based environment, EXPI was voted second on this year’s Top Workplaces list among small-employer winners, according to NewsOK (http://dtn.fm/U0od2). In addition, Fundamental Research Corp. (http://dtn.fm/0a6S1), a research firm that initiated coverage of eXp World Holdings in April 2016, updated its analysis of the company, giving EXPI a price target of $6.78 per share compared to its previous objective of $4.06. The upward revision is based on EXPI’s record third quarter revenues, the change in its long term projections, and its healthy balance sheet.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Thu Dec 15, 2016 4:36 pm

eXp World Holdings, Inc. (EXPI) Partners with MZ Group to Bolster Investor Relations and Outreach Efforts

Before the opening bell, eXp World Holdings, Inc. (OTCQB: EXPI), the holding company for The Agent-Owned Cloud Brokerage®, announced its retention of MZ Group as its investor relations advisor. Moving forward, MZ Group will assist and advise EXPI regarding its ongoing communications with shareholders with the aim of strengthening the company’s public brand and broadening its investor base.

“We have chosen to partner with MZ Group to bolster our investor relations and outreach efforts during this time of rapid growth within our Company,” Glenn Sanford, founder, CEO and chairman of EXPI, stated in this morning’s news release. “While we have more than doubled in size over the past year due in large part to the dedicated efforts of our existing agent and broker network, we believe there is room for sustained growth as we continue to invest in our core infrastructure and agent and broker network.”

In recent months, EXPI, through the expansion of subsidiary eXp Realty, has recorded strong growth in terms of both market reach and financial results. As of its latest report, the company’s real estate brokerage division had more than 2,200 real estate professionals spanning 41 states, the District of Columbia and parts of Canada. This marks an increase of nearly 155 percent from the beginning of 2016, when eXp Realty reported just 864 agents.

This market growth has translated into strong financial performance for EXPI in 2016, demonstrating the viability of the company’s current growth strategy. Last month, EXPI released its financial results for the third quarter of 2016, which included a 112 percent year-over-year increase in total revenues to $15.7 million. In the update, the company’s management team attributed this increase to eXp Realty’s growing sales agent base and the resulting rise to sales volume being generated by the real estate brokerage division.

EXPI’s share price has been on a similarly-promising upward trend throughout much of 2016. In January, the company’s PPS hovered around $0.84. By October, EXPI’s common stock climbed to a record high of more than $5.80 following the announcement of a new strategic partnership with Commissions, Inc., a leading provider of web-based real estate marketing and CRM software. The company’s stock is currently trading at around $4.35 per share.

News of EXPI’s retention of MZ Group comes just days after the company’s real estate brokerage division was recognized as a winner of the Oklahoma 2016 Top Workplaces Award by The Oklahoman newspaper. eXp Realty has previously received similar recognition in both Washington, D.C. and Atlanta for its commitment to creating a collaborative, engaging and rewarding work environment.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Thu Jan 05, 2017 4:38 pm

eXp World Holdings, Inc. (EXPI) Adds Laurie Hawkes to Board of Directors

Before the opening bell, eXp World Holdings, Inc. (OTCQB: EXPI) announced the appointment of Laurie Hawkes as an independent addition to its board of directors. Hawkes brings nearly four decades of leadership experience in realty and finance to EXPI, during which time she has held high-level positions as an investment banker, a private real estate equity investor and a successful entrepreneur. Her expertise in the real estate sector, particularly as it relates to raising capital, executing acquisition strategies, developing business plans and creating scalable operational platforms, is expected to play a key role in the continued development and expansion of EXPI’s full-service real estate brokerage, eXp Realty LLC.

“Laurie brings almost 40 years of leadership experience in realty and finance to eXp,” Glenn Sanford, founder, CEO and chairman of EXPI, stated in this morning’s news release. “We look forward to leveraging her unique skill set and acumen as we further scale our innovative, cloud-focused real estate brokerage. Her decision to join eXp’s board comes at an opportune time, as we work to build a profitable company that directly contributes to increased shareholder value.”

Hawkes began her career in 1979 as an investment banker at Salomon Brothers, Inc., where she would serve as a director and spend 14 years specializing in real estate acquisitions and mortgage finance. In 1993, she was recruited as a managing director to join the Real Estate Investment Banking Division, a position through which she developed new business and expanded structured finance at CS First Boston Corp. From 1995 to 2007, Hawkes worked at U.S. Realty Advisors, a $3 billion real estate private equity firm operating in New York City. She became a partner in 1997 before serving as president and head of acquisitions from 2003 to 2007.

Since leaving U.S. Realty Advisors, Hawkes has established herself as a pioneer in bringing institutional capital to the single-family rental sector. She co-founded American Residential Properties, Inc. in 2012 and led the start-up during its transformation into a $2 billion enterprise. In 2013, Hawkes co-led the company’s IPO and listing on the NYSE. American Residential Properties merged with American Homes 4 Rent (NYSE: AMH) in March 2016, creating an $8 billion enterprise with a portfolio of more than 47,000 homes.

For EXPI, the addition of Laurie Hawkes as an independent director is expected to play a key role as the company, through its Agent-Owned Cloud Brokerage™, seeks to build on its 2016 growth in the new year. As of the end of Q3 2016, eXp Realty had more than 2,130 real estate professionals operating across 41 states, the District of Columbia and Alberta, Canada. This total marked an increase of 151 percent from the previous year. Similarly, EXPI’s third quarter 2016 revenues totaled $15.7 million, a year-over-year increase of 112 percent.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Tue Jan 10, 2017 5:23 pm

Strong Residential Real Estate Market Bodes Well For eXp World Holdings, Inc. (EXPI)

The market for residential real estate is projected to be strong in 2017 and 2018 by numerous real estate organizations, and that can only be bullish news for Bellingham, Washington-based eXp World Holdings, Inc. (OTCQB: EXPI), the holding company for eXp Realty LLC, the Agent-Owned Cloud Brokerage®.

The National Association of Realtors® (NAR) and the National Association of Home Builders® (NAHB) agree that there will be an increase in both existing and new home sales. They may not share the same base numbers in residential real estate, but they both expect positive growth in the two-year period ahead.

Lawrence Yun, chief economist for NAR, expects existing home sales to grow 2% in 2017 to about 5.46 million (http://nnw.fm/Zp3Wj). Then, this figure will grow by another 4% in 2018 to 5.68 million, he forecasts. Yun added that existing home prices will likely jump by 4% in 2017. This market performance will be driven by a combination of more millennials entering their prime home buying years, rising household formation and job gains, he said. Yun also anticipates housing starts to jump 5.3% in 2017 to 1.22 million.

NAHB (www.nahb.org) sees housing total starts growing by 6.6% from 1.162 million in 2016 to 1.239 million in 2017, and another 7.5% to 1.332 million in 2018. Starts for single family homes will grow from 780,000 in 2016 to 855,000 in 2017 and 961,000 in 2018 — a two-year jump of 23%. New single family home sales will grow from 565,000 in 2016 to 630,000 in 2017 and 708,000 in 2018, the group predicts. Forecasts call for sales of existing family homes to grow by 2.6% from 4,832 in 2016 to 4,960 in 2018.

Additionally, Zillow’s Real Estate Market Report for October 2016 reported that U.S. median home values were up by 6.2% in 2016 (http://nnw.fm/7vVmY). Zillow projects that rally will cool down to a 3% appreciation increase by late 2017. A majority of housing experts told Zillow in its Home Price Expectations Survey that the trend to slowing home appreciation will also result in more inventory and a shift from a seller’s market to a buyer’s market in 2018 or 2019. Zillow’s Chief Economist, Dr. Svenja Gudell, said, “As the number of homes for sale increases and home value appreciation slows, we expect the market to meaningfully swing in favor of buyers within the next two to three years.”

To eXp World Holdings, Inc., as well as subsidiary eXp Realty, LLC, the projections of a strong real estate housing market in 2017 and 2018 are good news. If those projections hold up, it will mean more sales of both existing and new homes over the next two years in a vibrant new and existing homes market.

In its 10-Q filing of September 30, 2016, eXp World Holdings, Inc., reported nine-month revenues of $36,181,796, a 119% increase from revenues of $16,453,307 a year earlier. For its quarter ended September 30, 2016, sales rose 112% to $15,756,956 from $7,419,103 the previous year.

eXp Realty is a cloud-based real estate brokerage operating in 41 states, the District of Columbia and Alberta, Canada. Without the margin-eroding costs of physical brick and mortar offices or redundant staffing expenses, the cloud-focused brokerage network has attracted some 1,900 leading agents and brokers operating across North America. eXp Realty, as a full service real estate brokerage, offers 24/7 access to collaborative tools, training and socialization for real estate brokers and agents through its 3D, fully immersive, cloud office environment.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Jan 11, 2017 6:03 pm

eXp World Holdings, Inc. (EXPI) Subsidiary eXp Realty Records 178% Increase in Agent Count During 2016

Before the opening bell, eXp World Holdings, Inc. (OTCQB: EXPI) announced final 2016 agent totals for subsidiary eXp Realty LLC, the Agent-Owned Cloud Brokerage®. With 2,401 real estate brokers and agents on its platform at the end of the year, the company achieved a year-over-year increase of 178 percent, or 1,537 members, during 2016. This growth was driven, in part, by eXp Realty’s continued geographic expansion. The company currently operates in 42 states, the District of Columbia and Alberta, Canada. Likewise, in this morning’s update, EXPI attributed the success of eXp Realty to its “unique agent-centric model that allows agents and brokers to build their own businesses, while establishing a direct ownership interest” in the company, as both a shareholder and an operating partner.

“Our rapid growth in 2016 not only exceeded our goal of 2,200 agents by year-end, but also established us as one of the fastest growing brokerages in North America,” Glenn Sanford, founder, chairman and CEO of EXPI, stated in the news release. “Our model has resonated with quality real estate professionals, allowing us to attract some of the top producing agents as well as some of the highest ranking teams throughout the U.S. and Canada.”

In the fourth quarter of 2016 alone, eXp Realty announced the additions of a number of leading real estate professionals to its growing ranks. These included Miguel Herrera, the top luxury agent in all of South Texas; the Brent Gove team, one of the top real estate teams in California; Darren James Real Estate Experts, which was ranked just outside of the top 50 nationally in terms of 2015 transactions by the Wall Street Journal; and Burch & Co. Real Estate, the top brokerage in Northeast Arkansas.

eXp Realty’s innovative approach to the real estate industry also garnered attention from a collection of high-profile media outlets in 2016, with the company being named a ‘Top Workplace’ by The Oklahoman newspaper in December. eXp Realty received similar recognition from both The Washington Post and The Atlanta Journal-Constitution earlier in the year.

The company kicked off 2017 by strengthening its leadership team, appointing industry veteran Laurie Hawkes as an independent director of eXp Realty. Hawkes brings nearly four decades of experience to the Agent-Owned Cloud Brokerage®, having previously served as president and head of acquisitions for U.S. Realty Advisors, a $3 billion real estate private equity firm operating in New York City. Leaning on the combined expertise and experience of its management team and board of directors, EXPI will look to build on its strong 2016 growth while continuing to drive innovation in the evolving real estate industry.

“Looking ahead to 2017, we expect to continue our accelerated growth rate in both agent count and revenues as a result of our unique commitment to agent ownership, support and engagement,” concluded Sanford.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Thu Jan 19, 2017 4:37 pm

eXp World Holdings, Inc. (EXPI) Operating in a Way that Contributes to Improvements in Environmental Sustainability

Despite many real estate firms having environmental policies, sustainability targets, and clear commitments and strategies to lower their carbon emissions, the real estate sector still uses more energy than any other sector. This is according to the ‘Environmental sustainability Principles for the Real Estate Industry’ report published by World Economic Forum (http://nnw.fm/6tQhA), which views real estate as the operational life of the final buildings and not just what’s involved in their initial construction. In other words, how “green” are our buildings?

According to the report, not only are buildings the source of the most energy consumption, they are, understandably, also a growing contributor to CO2 emissions. In fact, real estate consumes over 40% of global energy every year. In addition, 20% of greenhouse gas emissions originate from buildings, a number that’s expected to increase 56% by the year 2030. The report continues to explain that, by 2030, buildings are expected to use up to 12% of the world’s fresh water.

However, although a large proportion of the world’s real estate already existed before eco-friendly policies were put in place, progress is being made toward “greener” real estate. The number of “green” commercial builds increased to between 40% and 48% in 2016, up from only 2% in 2005. Additionally, regulations are now in place to ensure that businesses work toward sustainability performance.

In support of these efforts, companies such as eXp World Holdings, Inc. (OTCQB: EXPI) are completely changing the way the real estate industry itself functions. Gone are the days during which agents and brokers were expected to work in a brick and mortar office. EXPI has not only cut unnecessary expenses and built an agent-owned, cloud-based real estate brokerage that operates without the need for offices, utility bills, insurance, furnishings, and redundant staffing costs, the company has correspondingly cut its direct CO2 emissions.

Aside from the financial benefits of operating in the cloud, EXPI provides an extremely sound template for a more sustainable way of operating a real estate brokerage on all levels. The company works on the basis that its most valuable asset is the group of agents and brokers who are part of it. And, with no physical constrictions, eXp World Holdings, Inc. can focus its efforts on these assets while providing smart solutions to the climate concerns that the world is now facing, further championing sustainability across the entire real estate industry.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Tue Jan 31, 2017 5:33 pm

eXp World Holdings, Inc. (EXPI) Using Virtual Reality to Better Train its Agents and Brokers

Brokers have been using virtual reality for a long time, but augmented reality, or AR, is expected to be a new trend for 2017, according to the ‘Emerging Trends in Real Estate 2017’ report published by PWC (http://nnw.fm/PZ7Gy). With the emergence of Pokémon Go, it became clear that augmented reality could prompt over 10 million people to leave their homes and search for digital characters. Could it somehow do the same for the real estate industry?

Despite basic AR technology having been around for some time, brokers are now using it to show tenants and potential buyers customizable experiences not seen before. The biggest change in consumer behavior came after Pokémon Go showed that AR could actually encourage people to visit new places, something the real estate industry relies upon heavily. The report explains: “Since real estate, both residential and commercial, relies upon the consumer experiencing a property—almost always in a site visit—before committing to a transaction, stimulating such a visit by a technological lure can be extremely powerful.”

However, marketing and sales are not the only things in real estate that augmented and virtual reality are transforming. Companies are now able to use these technologies as a way to better train their agents and brokers, as shown by eXp World Holdings, Inc. (OTCQB: EXPI). EXPI subsidiary eXp Realty is an agent-owned cloud brokerage that has leveraged advanced-tech systems and tools to grow rapidly on an international level.

EXPI has given agents and brokers the opportunity to work, attend classes, strategize, innovate, build teams, and collaborate through the internet, from anywhere in the world. However, the company believes that the face of the real estate industry is still changing, and that real estate professionals should always be ready to improve their approach to business.

With internet technology evolving, eXp World Holdings, Inc. knows that its consumers are equipped with more knowledge than ever before, and they no longer see as great a need to visit a traditional real estate office. This is why EXPI has created a cloud-based environment where agents are able to buy and sell homes without physical brick and mortar offices. With consumers relying less and less on these offices, EXPI is able to invest more into its services, including the training of its agents and brokers, rather than covering costs associated with facilities.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Wed Feb 01, 2017 5:26 pm

Innovation and Globalization Define Top Residential Real Estate Brokerages and Portals

The top residential real estate companies and portals are achieving global reach through the embrace of cloud-based technology and franchising. In a sign of the times, these volume businesses are leveraging modern technological advancements to accomplish more than sales goals and to leave a legacy of lasting social impact across the globe. The growth of companies like the Zillow Group, Inc. (NASDAQ: Z), Realogy Holdings Corp. (NYSE: RLGY), RE/MAX Holdings, Inc. (NYSE: RMAX), Berkshire Hathaway Inc. (NYSE: BRK.A) / HomeServices and eXp World Holdings, Inc. (OTCQB:EXPI) corresponds with this cycle. By implementing novel infrastructure, agent ownership structures, and aligning the goals of their agencies with those of their agents and brokers, these companies have developed comprehensive and uniquely different value propositions for real estate professionals.

The 2017 Swanepoel Power 200 (SP200) list (http://nnw.fm/R6VqY) recently ranked the 200 most powerful people in the residential real estate brokerage business, and, judging by their growth numbers, all of these leaders have hit a sweet spot in the industry.

Zillow Group (NASDAQ: Z) CEO Spencer Rascoff is first on the SP200 list with five other management team members spread throughout the list. Over the course of his seven-year tenure, Zillow’s market cap has risen to $6.5 billion; its team members have built and now oversee the world’s most popular real estate site (http://www.zillow.com); and, following the acquisition of Bridge Interactive Group, the company is developing a comprehensive data management platform with a focus on bringing leads and clients to agents, agent teams and brokerages.

Realogy Holdings (NYSE: RLGY) – the global leader in residential real estate franchising – holds three spots on the list, with its chairman, CEO and President Richard Smith coming in second. For close to 20 years, Smith has led Realogy along a stable, assertive path. The firm currently manages some of the United States’ largest brokerages and seven major brands representing more than 270,000 agents, and it brings in more than $5.7 billion in revenue on a yearly basis. Recently, the company has been integrating technology through the acquisition of Zip Realty to its various operating franchises.

Dave Liniger occupies the fifth spot on the SP200 list and shares the spotlight with 10 other C-suite executives from RE/MAX (NYSE: RMAX). After co-founding RE/MAX in 1973, Liniger returned in 2015 as chairman and CEO of the company and continued to push it to thrive. The publicly owned firm, which has over 110,000 agents in 95 countries and territories completing over one million transactions annually, saw its market cap more than double in 2016 and surpass $1 billion.

The SP200 list also highlights Gino Blefari, who manages HomeServices of America’s franchise network HSF Affiliates, and six of his colleagues. HSF Affiliates serves more than 46,000 agents signed with Berkshire Hathaway HomeServices, Prudential Real Estate and Real Living real estate brands. The firm has 1,500 affiliate offices handling 352,000 annual transactions totaling over $105 billion in annual sales.

As with Zillow, Realogy, RE/MAX and Berkshire Hathaway (NYSE: BRK-A) HomeServices, eXp Realty– a subsidiary of eXp World Holdings– is steadily and insistently carving out its share of the residential real estate industry by implementing a cloud-based approach using everything from Virtual Worlds for business to partnerships with some of the strongest technology players for top performing real estate agents and teams.

eXp Realty founder and CEO of eXp World Holdings, Glenn Sanford is ranked No. 140 on the SP200 list and has led the company and its up-and-coming subsidiary, eXp Realty, to become one of the fastest growing real estate brokerages in the United States with a focus on using the cloud for collaboration and community, all while removing most of the expenses related to bricks and mortar offices.

The company, which records $1.8 billion in annual sales, was founded in October 2009, structured with a revenue sharing program that rewards agents a percentage of the gross commission income earned by fellow real estate professionals they have introduced to the company.

eXp Realty’s practice of sharing revenue and equity with the company’s agents and brokers propelled it to an expedited rate of growth and retention. As of year-end 2016, eXp Realty had nearly tripled its family of agents and brokers from 864 to more than 2,400 across 42 U.S. states, Washington D.C., and parts of Canada.

Over time, eXp Realty has become the brokerage of choice for high-performing agents and teams, as well as for brokerage owners seeking to raise profits, reach scalable growth, and provide the opportunity of ownership to agents in their organization-a disruptive shift from the typical relationship between agent and brokerage.

For more information on eXp World Holdings, Inc. (EXPI) please visit: eXp World Holdings
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Mon Feb 06, 2017 5:54 pm

eXp World Holdings, Inc. (EXPI) Hires BDO USA, LLP as Its Accountant

eXp World Holdings, Inc. (OTCQB: EXPI), in a February 3, 2017, SEC 8-K filing (http://nnw.fm/uRi8R), announced that it has changed accounting firms, hiring BDO USA, LLP (BDO) as its registered independent accountant and dismissing WSRP, LLC (WSRP). The change was made effective at the time of announcement.

EXPI originally engaged WSRP, LLC in September 2015. The board of eXp World Holdings approved the change in accounting firms, effective February 3, 2017, for its year ended December 31, 2016. In the SEC filing, EXPI reported that it had no differences with WSRP regarding accounting principles, disclosures in its financial statements, or auditing scope and procedures.

In a January 27, 2017, SEC Form D filing (http://nnw.fm/NhP3Y), the company also reported the status of its exempt offering of $3.5 million in securities. It reported that it has recorded sales of $760,000 from 12 investors, leaving EXPI with $2,740,000 remaining to be sold. Proceeds from this offering are expected to be used to fund the company’s working capital for ongoing operations.

eXp World Holdings subsidiary eXp Realty LLC is a cloud brokerage, agent-owned company. It reported 2,401 real estate brokers and agents on its platform at year-end 2016.

The company’s real estate concept utilizes the internet and a cloud-based office environment in order to eliminate redundant payroll costs and cut margin-eroding expenses normally associated with brick-and-mortar operations, such as rent, utility expenses, and furnishings. Instead, EXPI can spend more heavily on training its realtors and agents using advanced technologies.

A Fundamental Research Report (http://nnw.fm/S9mZf) on the company issued last year projected EXPI’s volume in 2017 at $72 million.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Mon Feb 13, 2017 5:12 pm

eXp World Holdings, Inc. (EXPI) Set to Capitalize on Canadian Real Estate Market Interest Following U.S. Presidential Election

According to a just-published article by Royal Lepage (http://nnw.fm/0YBTu), Canada’s leading real estate services provider, there has been a verified surge of American interest in Canadian real estate following the recent presidential election. The company reported an increase in searches into the Canadian real estate market from across the United States.

Although the United States has always been a top source for immigration into Canada, the past year has seen a significant increase in U.S. traffic on the Royal Lepage website. The site reported an increase of just under 74% compared to the same period in 2015. In addition, according to the company’s Canada-wide survey, nearly 40% of respondents expect a rise in American inquiries into the Canadian real estate market.

eXp World Holdings, Inc. (OTCQB: EXPI) is especially well positioned for growth in the Canadian market. The fully agent owned real estate brokerage already has a significant presence in the country’s real estate sector thanks to its subsidiary, eXp Realty of Canada, Inc., which covers over 80 areas in Canada. Its unique ability to scale rapidly is based upon the fact that it is cloud-based, using advanced technologies for efficient communication, marketing, and training, and not dependent upon traditional brick-and-mortar facilities.

According to the findings, top researched locations in Canada by Americans include Ontario with over 41%, British Columbia with over 17%, Quebec with just under 14%, and Alberta with just under 8% of searches, with Calgary and Edmonton receiving the most interest from potential American buyers in the Alberta province.

Although Royal Lepage realtors working in these areas announced not having sold any properties to Americans since October 2016, they still represent a large percentage of property purchasers in Canada, and the dramatic increase in American interest in Canadian real estate since the election can’t be ignored.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Re: eXp World Holdings Inc. (EXPI)

Postby QualityStocks » Tue Feb 21, 2017 7:21 pm

eXp World Holdings, Inc. (EXPI) Still Growing Despite the 2016 Drop in Housing Affordability

At the end of 2016, the Federal Reserve announced that it would be raising its key interest rate for the first time since the housing bubble burst between 2005 and 2006. According to an article on Realtor.com (http://nnw.fm/yq2Tv), the interest on a 30-year fixed rate mortgage is expected to grow from under 4.2% in 2016 to anywhere between 4.5% and 5% by the end of this year.

Despite the rise in home prices slowing, they are still expected to go up 4% in 2017. In addition, Realtor.com (http://nnw.fm/xaZG4) reported 12% less available homes for sale in November 2016 than in the previous year. Despite a shortage of homes on the market, the U.S. Commerce Department’s new residential sales report (http://nnw.fm/y746P) stated that permits to put up new residences fell in November 2016. This was accompanied by fewer home constructions during the month, down nearly 20% below the revised October 2016 estimates. With the rise in mortgages and home prices, coupled with the low inventory of houses on the market today, buyers are expected to struggle to find their perfect homes.

Although the end of 2016 showed cause for concern for real estate businesses across the country, inventory for January moved at a 4% faster annual rate (http://nnw.fm/obP83). This stronger than usual off-season has left a low volume of available homes for sale with very high prices. But this dip in volume has not halted the rising interest in eXp World Holdings, Inc. (OTCQB: EXPI), holding company of eXp Realty LLC, or its growth.

The agent-owned, cloud-based real estate brokerage has continued to see a significant rise in new agents and brokers, with a growth rate of over 100% thanks to its technology revenue sharing and ownership. The company has accepted over 100 new agents and brokers into its team in the month of February alone, leading to more virtual meetings with a significant growth in attendance.

The company’s stock price has been powering higher for the best part of two years, reaching $3.96 per share in afternoon trading on Tuesday. EXPI recently announced the addition of its newest team member, real estate veteran and former quarterback for the Los Angeles Rams Vince Ferragamo.

For more information, visit the company’s website at www.eXpWorldHoldings.com
The QualityStocks Daily Newsletter http://Newsletter.QualityStocks.net

The QualityStocks Daily Blogs http://Blog.QualityStocks.net

Please read FULL Compensation Disclosures and other disclaimers at http://www.qualitystocks.net/disclaimer.php
QualityStocks
Site Admin
 
Posts: 762
Joined: Mon May 21, 2007 7:58 pm
Location: Scottsdale, AZ

Next

Return to QualityStocks Previous Clients

Who is online

Users browsing this forum: No registered users and 1 guest

cron