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  • eXp Realty Welcomes Big Wins in Q3 2024: Improved Agent Satisfaction, Growing Sales Volume, and Strong Team Additions

eXp Realty Welcomes Big Wins in Q3 2024: Improved Agent Satisfaction, Growing Sales Volume, and Strong Team Additions

  • Posted by sfrazier
  • Date November 8, 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.

Tag:california real estate, california real estate exam, exp realty, get your real estate license, join exp realty, murrieta real estate, real estate, real estate license, temecula real estate

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Spencer Frazier
sfrazier

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November 8, 2024

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Schroeder & Co. Real Estate Joins eXp Realty, Bringing $35M in Sales Across Texas
November 12, 2024

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