About eXp Realty

eXp Realty: Revolutionizing the Real Estate Industry

Founded by Glenn Sanford in 2009, real estate professionals everywhere are joining eXp Realty, making it the fastest growing brokerage in the world. eXp Realty is consistently Glassdoor’s Best Place to Work every year and is a top company in real estate transactions and performance in Real Trends, and is now the largest residential real estate brokerage.  eXp’s unique cloud-based brokerage model is revolutionizing the industry and quickly replacing the traditional brokerage model.

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What is eXp Realty?

eXp Realty is a virtual real estate brokerage with a global footprint. It offers services tailored to both homebuyers and sellers, as well as for commercial investors. Buyers can use online search tools to find homes and look for an agent who provides market analysis, local expertise, tours of homes and advocacy during negotiations. eXp Realty offers sellers free home valuation estimates and access to ExpressOffers, which gives you cash for your home without staging or showings.

eXp World Holdings was started in 2009 and is based in Bellingham, Washington.

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Who founded eXp Realty?

eXp Realty was founded by CEO Glenn Sanford. He is known for changing how real estate transactions occur through innovation and entrepreneurial drive. Before launching eXp Realty, Sanford was known for launching a restaurant delivery service similar to Uber Eats but several decades before Uber Eats launched. He was part of several online startups in the early 2000s and closed more than $60 million in deals.

Sanford believed agents and brokers were doing the work and deserved to be shareholders with an income based on how much they were contributing. Classic franchises and their trappings were the limiting factors holding agents back.

He launched eXp Realty in 2009 with just 24 real estate agents. Sanford’s idea for a fully remote structure was not reliant on a physical location and the associated overhead costs. He believed this would put them ahead of competitors.

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Year-over-year Growth

He launched eXp Realty in 2009 with just 24 real estate agents. Sanford’s idea for a fully remote structure was not reliant on a physical location and the associated overhead costs. He believed this would put them ahead of competitors.

A few years prior, most everyone had dial-up connections in their homes, which changed drastically in 2009 with smartphones. This made possible a cloud-based technology innovation.

The company went public in 2013 with around 300 real estate agents. In 2014 the agent ownership initiatives rolled out and helped grow the company exponentially. The company gained traction through word of mouth amongst agents, and in 2015 the company expanded with a 100 percent year-over-year growth. The company still sees this type of growth today.

What does eXp Realty stand for?

The simple answer is that the founder, Glenn Sandford, loved that it was a prefix for many of the words representing the culture and values at eXp Realty. A few examples include: eXceptional, eXperts, eXcellence, eXpectations, eXposure, eXponential and many others.

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eXp in Real Estate

Simply, eXp was chosen as the name by eXp World Holdings Founder and CEO Glenn Sanford and other leaders who started the company in 2009 because it is the prefix for many words that represent values that eXp Realty stands for. 

For example, words like “excellence,” “exceptional,” “expectations,” “exposure,” “experts,” “exploration,” “expeditiously” and “experienced” are all positive words that support eXp Realty’s core values of integrity, community, service, sustainability, collaboration, innovation, being agile and lastly, fun!

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How Does Exp Realty Work?

eXp Realty is an online real estate brokerage. Whether you’re buying or selling a home, you can use its website to search for an agent in your area.

Homebuyers can use eXp Realty’s search tool to search for homes by city or ZIP code and filter by price, number of bedrooms, number of bathrooms and other factors. An eXp agent provides advice and insight into the local housing market and guides you through the homebuying process, from setting up tours to negotiating offers.

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Legitimate Real Estate Brokerage

eXp agents help home sellers put homes on the market, get the best offer and navigate the closing process. Agents use a cloud-based platform with resources to maximize your home’s exposure and price. A notable feature of eXp Realty is ExpressOffers, which gives you access to cash offers from institutional buyers without the need to stage or show a home — and with no obligation to accept. You can also get a free home valuation estimate to find out how much your home is worth.

eXp Realty is a legitimate real estate brokerage with tens of thousands of agents across the U.S. Its digital platform is designed to make the buying and selling process “frictionless,” “empowering” and “stress-free,” according to the company.

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eXp World Holdings Stock (EXPI)

eXp is a publicly-traded company EXP World Holdings is a NASDAQ stock with the ticker symbol EXPI. Owning EXP World Holdings is far more than owning a share of just eXp Realty. Here are some of the sub-companies you own as an EXPI shareholder:

  • eXp Realty
  • eXp Commercial
  • eXp Global in ALL countries
  • Virbella virtual environments
  • SUCCESS Brand
  • Express Offers
  • All other eXp-owned subcompanies!
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Transforming Lives

Personally, we love owning and amassing EXPI stock. We see the growth of the company every single day: from number of agents worldwide, to countries opening, to commercial division growth, to revenue, to transactions!

At eXp, we are on a mission to change lives as the most people-centered brokerage on the planet. What does this mean for you? At the heart of eXp Realty lies our core values – they are the beliefs that support our vision and shape our culture — both professionally and personally.

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Summary

eXp Realty is paving the way for technology-driven brokerages and changing how real estate agents operate and how people buy and sell properties. eXp Realty offers real estate agents a variety of financial and lead generation benefits. Since its founding, the company has experienced tremendous growth and is quickly becoming one of the most successful online real estate platforms.

Top 10 Reasons Agents Join eXp Realty

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