eXp World Holdings Expands Real Estate Functions Into Puerto Rico

The MarketWatch Information Office was not involved in the development of this information. BELLINGHAM, Wash.,

The MarketWatch Information Office was not involved in the development of this information.

BELLINGHAM, Wash., Jan 26, 2021 (World NEWSWIRE by using COMTEX) —
BELLINGHAM, Clean., Jan. 26, 2021 (Globe NEWSWIRE) — eXp Environment Holdings, Inc. (Nasdaq: EXPI), the keeping firm for eXp Realty, a single of the speediest-increasing actual estate organizations in the environment, has expanded into Puerto Rico, underneath the eXp Puerto Rico banner. In addition to its sturdy U.S. existence, eXp Realty also operates in eight other countries, which includes Australia, Canada, France, India, Mexico, Portugal, South Africa and the United Kingdom, with additional than 43,000 agents throughout the world.

“The enlargement into Puerto Rico signifies our first strategic foothold in the Caribbean,” explained Michael Valdes, President of eXp International. “Puerto Rico is ideally positioned to reward from the eXp design. Its tax incentives keep on to catch the attention of a substantial number of international investments, building a rising and strong authentic estate industry in a territory that brings together a prosperous culture and financial steadiness.”

eXp Realty features a unique financial model for household and business authentic estate brokers, likely beyond eye-catching commissions to give its brokers with an opportunity to receive additional profits by serving to the business to develop its earnings base any place in the entire world. Brokers can also get paid fairness in eXp Planet Holdings inventory for listing and marketing things to do. eXp’s cloud-primarily based brokerage is driven by Virbela, the firm’s immersive and collaborative system, enabling agents and staff members to talk, satisfy and perform small business in a digital entire world.

eXp Puerto Rico’s functions will be led by Ivelisse Lopez, Broker of History. Lopez provides additional than 27 a long time of real estate management working experience in Puerto Rico.

“Puerto Rico has a sturdy specialist infrastructure for brokers, and the addition of the eXp brand name to the market place represents an unequalled chance. The technology and tools eXp Puerto Rico provides will empower agents to scale their business speedily,” reported Lopez.

eXp’s existence in Puerto Rico will encompass all main cities and areas. Puerto Rico represents the initially global marketplace that eXp Worldwide has discovered for enlargement during the very first quarter of 2021. Brazil, Italy, and Hong Kong are also established to start in Q1 2021.

About eXp Planet Holdings, Inc.

eXp Environment Holdings, Inc. (Nasdaq: EXPI) is the keeping firm for eXp Realty, Virbela, and Success Enterprises.

eXp World Holdings and its world brokerage, eXp Realty, is 1 of the quickest-rising actual estate tech organizations in the entire world with a lot more than 43,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal and France and proceeds to scale internationally. As a publicly traded company, eXp Earth Holdings delivers genuine estate professionals the unique chance to get paid equity awards for output goals and contributions to overall corporation growth. eXp Planet Holdings and its organizations offer a total suite of brokerage and authentic estate tech solutions, such as its impressive household and professional brokerage product, qualified services, collaborative resources and particular advancement. The cloud-based brokerage is driven by an immersive 3D system that is deeply social and collaborative, enabling brokers to be far more linked and effective.

For a lot more info, stop by https://expworldholdings.com/.

Protected Harbor Assertion

The statements contained herein may possibly include statements of future expectations and other ahead-hunting statements that are centered on management’s latest sights and assumptions and contain recognised and unidentified pitfalls and uncertainties that could result in real outcomes, general performance or functions to differ materially from individuals expressed or implied in such statements. These kinds of forward-looking statements speak only as of the day hereof, and the firm undertakes no obligation to revise or update them. These statements consist of, but are not constrained to, statements about the financial and social results of the COVID-19 pandemic ongoing development of our agent and broker base expansion of our residential serious estate brokerage organization into overseas markets demand for remote working and length studying solutions and virtual activities enhancement of our new business brokerage and our potential to catch the attention of business genuine estate brokers and income progress and economic performance. Such statements are not guarantees of upcoming effectiveness. Significant components that could cause genuine effects to vary materially and adversely from people expressed in forward-wanting statements contain modifications in business enterprise or other sector conditions the issues of keeping price progress at modest degrees although growing revenues and other pitfalls detailed from time to time in the firm’s Securities and Exchange Commission filings, such as but not confined to the most not long ago submitted Quarterly Report on Kind 10-Q and Yearly Report on Variety 10-K.

Media Relations Contact:
eXp Earth Holdings, Inc.
[email protected]

Puerto Rico Media Relations Get hold of:
Lymaris Otero
[email protected]

Trader Relations Speak to:
Greg Falesnik
MZ Group – MZ North The usa
[email protected]

COMTEX_379534585/2471/2021-01-26T09:00:34

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The MarketWatch Information Section was not included in the development of this information.