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eXp World Holdings
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Cloud-based real estate brokerage and platform
eXp World Holdings
Work Here?
Cloud-based real estate brokerage and platform
About eXp World Holdings
Industries
Enterprise Software
Real Estate
Company Size
11-50
Company Stage
IPO
Headquarters
Bellingham, Washington
Founded
2008
Overview
eXp World Holdings runs a cloud-based real estate brokerage that lets agents operate from a virtual platform instead of traditional offices. Agents access training, a global referral network, and back-office support, and use a platform that handles the entire sales process, with a marketplace of services through the Preferred Partner program (mortgages, title, moving). It differentiates itself by removing physical office space and overhead, enabling rapid global growth through a large, connected agent network and integrated agent and partner services in one ecosystem. Its goal is to scale its agent network worldwide, reduce costs for agents, and expand access to real estate services via a cloud-based, full-service platform.
Simplify's Take
What believers are saying
- International revenue surges 27% in Q1 2026 with expansions into Perú, Türkiye, Japan.
- Adjusted EBITDA rises 88% to $4.1M in Q1 2026 post-2025 cost cuts.
- Recruits like Mario J. Alvarez Jr. with $1B transactions boost commercial expertise.
What critics are saying
- NextHome franchise agents defect to United Real Estate within 6-12 months over fees.
- Agent attrition hits 25% annually as North America productivity stagnates.
- CoStar's Homes.com captures 20% of LYVVE traffic, collapsing referral revenue.
What makes eXp World Holdings unique
- eXp Realty pioneered cloud-based virtual brokerage in 2009 using Virbela's 3D platform.
- LYVVE platform connects listings across 27 countries with AI and WhatsApp integration.
- NextHome acquisition adds franchise model to cloud brokerage for multi-model platform.
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Funding
Total Funding
$1B
Above
Industry Average
Funded Over
1 Rounds
Benefits
Remote Work Options
Flexible Work Hours
401(k) Company Match
401(k) Retirement Plan
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Wellness Program
Paid Parental Leave
Stock Price
Company News
eXp World reported Q4 revenues of $1.19 billion, up 8.5% year on year and beating analyst expectations by 2.6%. However, the cloud-based real estate brokerage missed estimates on adjusted operating income. The consumer discretionary real estate services sector posted mixed Q4 results. The 14 companies tracked saw revenues beat consensus estimates by 3.9%, but next quarter's guidance came in 2.2% below expectations. Share prices have struggled, falling 9% on average since earnings announcements. eXp World's stock has declined 17.8% since reporting, currently trading at $5.99. Founded in 2009, the company operates a virtual brokerage platform. The sector faces headwinds from rising interest rates, commission compression and PropTech disruption.
eXp World Holdings reported strong international growth in Q4 2025, with international revenue rising 67% year-over-year to $147 million. The company expanded into seven countries during the year and ended 2025 with 83,060 agents worldwide. Total revenue reached $4.8 billion for 2025, up 4% year-over-year, whilst Q4 revenue was $1.2 billion, up 9%. Agent productivity increased 6% year-over-year in Q4. The company completed 440,000 transactions in 2025 and saw a 17% improvement in worldwide agent attrition. However, the company posted an operating loss of $21.5 million for 2025, primarily due to gross margin compression and higher technology investments. The company ended the year with $124.2 million in cash and adjusted EBITDA of $33.2 million.
eXp rolls out LYVVE international property search platform. eXp Realty launched LYVVE, an international real estate platform connecting the 27 countries where eXp operates. Site users will be able to access every eXp listing - regardless of regional boundaries - using the tool's search engine. The platform offers an alternative to region-specific property listing sites and includes features like built-in WhatsApp messaging. "LYVVE solves three fundamental challenges in the industry: fragmentation, visibility and accessibility," eXp Realty International Managing Director Felix Bravo said in a press release. "The way people buy and sell homes has changed. The world is more connected, and buyers think globally now. LYVVE brings agents and clients together in real time, making international home discovery simple and transparent... It's what modern real estate should look like." LYVVE is part of eXp's increased focus on proprietary technology and AI features. The effort to improve access to international properties comes as eXp projects expansion into 23 more countries before 2030.
eXp Realty launches AI assistant 'Mira,' AI training program. eXp Realty has announced the launch of two major artificial intelligence (AI) initiatives; Mira, a new AI-powered business assistant - and the eXp University AI Accelerator Series, an eight-week program aimed at helping agents learn to integrate AI and automation. Unveiled Tuesday at eXpCon Miami, Mira allows agents to instantly access real-time business data, navigate tools and perform tasks through voice or text in English, French or Spanish.
Jesse Hill, VP, International Finance & Corporate FP&A, eXp Realty, named eXp World Holdings Interim Chief Financial Officer, effective April 1, 2025
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About eXp World Holdings
Industries
Enterprise Software
Real Estate
Company Size
11-50
Company Stage
IPO
Headquarters
Bellingham, Washington
Founded
2008
There are no jobs for eXp World Holdings right now.
Find jobs on Simplify and start your career today