eXp World Holdings, Inc.

eXp Realty is a cloud-based real estate brokerage operating as a subsidiary of eXp World Holdings, Inc. Headquartered in Bellingham, Washington, the company's core business revolves around providing residential and commercial real estate brokerage services. Its mission is to empower real estate professionals through an agent-centric model that offers competitive commission structures, revenue share opportunities, and equity ownership, aiming to redefine how agents connect, grow, and succeed in the global real estate landscape.

The company's distinctive cloud-based model eliminates the need for traditional brick-and-mortar offices, allowing agents to operate remotely and reducing overhead costs. This structure enables eXp Realty to offer attractive commission splits, with agents typically starting at an 80/20 split and having the potential to earn 100% commission after capping. Beyond standard brokerage services, eXp Realty provides specialized divisions such as eXp Commercial and eXp Luxury, catering to diverse market segments. eXp World Holdings, Inc. also encompasses other ventures, including Virbela, an immersive 3D platform for virtual collaboration, and SUCCESS Enterprises, a media business.

Under the leadership of Glenn Sanford, Founder, Chairman, and CEO of eXp World Holdings, and Leo Pareja, CEO of eXp Realty, the company maintains a significant market presence. In 2023, eXp Realty distributed over $230 million in revenue share and equity benefits to its agents and brokers. The company has consistently been recognized as a top performer, securing leading positions in categories such as Transaction Sides on the RealTrends 500 report. Recent strategic leadership appointments include Carrie Lysenko as Chief Technology Officer and Holly Mabery as Chief Brokerage Officer for eXp Realty. eXp World Holdings, Inc. is publicly traded on NASDAQ under the ticker EXPI and is scheduled to announce its first-quarter 2026 financial results on May 11, 2026.