Year after year, eXp World Holdings has surpassed its previous years’ results and 2021 is no different. In addition to record financial results and rapid agent growth, eXp also expanded into nine new countries. All of this progress is directly attributable to eXp’s virtual operating model, which was developed in 2009 and designed to be adaptable to thrive in any market condition.
In this 2021 Annual Report, you will read how eXp exceeded 2020’s revenue by an impressive 110% to reach $3.8 billion in revenue for 2021 – a record. Additionally, eXp increased results for Q4 by 77% to $1.1 billion, compared to Q4 in 2020.
The basis for eXp’s incredible numbers are directly tied to the company’s impressive agent growth of 72% year-over-year, reaching 71,137 at the end of 2021 compared to 41,313 at the end of 2020.
“As real estate professionals increasingly turn to technology-based solutions for productivity and collaboration, our cloud-based platform has given us a first-mover advantage to scale our brokerage at the fastest rate in the industry. We attract top agents that value freedom, compensation and community,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings.
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