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eXp world holdings Q3 earnings 2024

As eXp World Holdings wraps up an impressive third quarter, eXp Realty continues to prove its commitment to agent success, delivering on value and expansion across the board. eXp’s agent satisfaction reached new heights with an improved Net Promoter Score (NPS) of 76, a solid indicator of the company’s agent-centered approach. On top of that, sales volume increased by 5% year-over-year, totaling $50.8 billion, showcasing the productivity and resilience of eXp agents in today’s market. (Read the press release here.)

New Teams and Brokerages Join the eXp Family  

This quarter, several powerhouse teams and independent brokerages joined eXp, adding significant expertise and market presence. Among these additions are:

  • Matt Fetick Team – Nationally recognized, with 244 sides and nearly $116 million in volume in 2023.
  • Delhougne Realty Group – Leading in St. Louis with $353 million in 2023 sales volume.
  • Polsinello Team – Closed 218 transactions, achieving $213 million in 2023.
  • Bryce Hansen Team – Based in Vancouver Island, delivering nearly $178.5 million in 2023 sales.
  • Grand Lux Realty – With 200+ agents, they are set to exceed $100 million in annual sales.
  • CanZell Realty – Operating across 20 states, known for a client-first approach.

New Tools and Expanded Reach

In keeping with its innovation-driven mission, eXp launched new tools like HomeHunter.global and announced plans to expand into Türkiye, Peru, and Egypt

“We’re unlocking international opportunities, helping agents with tools and technology to serve clients globally,” said CEO Glenn Sanford.

Q3 Financial Highlights

eXp also demonstrated financial resilience, reporting $1.2 billion in revenue and an adjusted EBITDA of $23.9 million, up 15% from last year. The company’s strategic approach to growth, profitability, and supporting agent development ensures eXp remains well-positioned in the evolving real estate market.

Looking ahead, eXp Realty continues to focus on agent experience, with enhanced resources and a global presence, ensuring agents are equipped to thrive in any market.

Disclaimer

These figures are not a guarantee, representation or projection of earnings or profits you can or should expect. They also do not include expenses incurred by agents in operating their businesses. eXp Realty makes no guarantee of financial success. Success with eXp Realty results only from successful sales efforts, which require hard work, diligence, skill, persistence, competence, and leadership. Your success will depend upon how well you exercise these qualities. Visit https://exprealty.com/income for average agent earnings and additional information about earning opportunities with eXp Realty.
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