EXP Realty Size and Sales Numbers

Strong Focus. EXP Realty is an international real estate company focusing on innovation, integrity, community, agility, collaboration, transparency, sustainability, and service. EXP also believes in not taking ourselves too seriously—read: having fun. These tenets have attracted some of the world’s top-selling buying agents to join the EXP ranks.

Modern Platform. This cloud-based brokerage also believes that brokers and agents do the bulk of the work in the real estate world and should receive the benefits of owning shares in the company and earning income based on their degree of effort and success. Cloud-based doesn’t mean there are no physical EXP Realty offices (I own one and use a few), but the platform doesn’t depend on brick and mortar space to operate, keeping overhead down.

More important than the presence or lack of physical office space is the non-franchise nature of this international Realty firm. All communications, all logins, all education, all networking happen through the same online portal every broker and agent uses, thereby creating an unparalleled and effortless network tool to connect real estate buyers and sellers together across the globe.

EXP Realty History

After creating EXP Realty in 2009, the first cloud-based brokerage in existence, Glenn Sanford, Founder, Chairman, and CEO of EXP World Holdings, became recognized as one of the Top 100 Most Influential in Real Estate by 2012. EXP Realty was publicly traded in 2013 and launched in Canada as early as 2014, then tripled its number of agents by 2016. EXP joined NASDAQ in 2018 and opened across the U.S. in all 50 states, gaining 10,000 agents, making it one of Glassdoor’s Best Places to Work.

The company has continued to grow exponentially worldwide and now ranks as one of the biggest Realty companies in the U.S. and internationally.

EXP Realty Growth in Agent Count and Sales in 2022

EXP Realty grew to 86,203 agents by the end of 2022.

In 2022, EXP Realty closed 397,138 transactions representing 159 billion in sales. Top Realty Company mover in slides and sales volume for the year according to a RealTrends report.

In the second quarter of 2022, Sanford reported that EXP Realty increased its revenue and market share to record levels while continuing to strengthen the company’s platform to provide even more outstanding support to its agents through world-class coaching and training while fostering a strong sense of community. EXP World Holdings’ CFO and Chief Collaboration Officer, Jeff Whiteside, reported that the company saw another record quarter back in 2022 with 42% revenue growth and returned $56M to EXP shareholders, a record to date. He attributes this to the company’s agility as it shifts and transforms to the challenging real estate market and the commitment to making operations more efficient for EXP Realty overall, as well as for its agents.

In the third quarter of 2022, the company expanded into New Zealand and completed the acquisition of Zoocasa, creating an exponential increase of Canadian agents, with the expectation of further expansion to an even more comprehensive demographic of agents and clients. EXP Realty’s management team also grew during this time as the company continues to lean into its primary strengths—innovation and agent satisfaction—and redefine how the real estate industry looks and works.

EXP Realty Growth in Agent Count and Sales in 2023

EXP Realty grew to 89,156 Agents as of the third quarter of 2023.

While the results for Q4 2023 aren’t out yet, EXP outperformed the market by 43% in Q3 2023. Although profits were in the negative for Q3, Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings, said, “In a slower market environment where every transaction counts, eXp’s agents in the U.S. significantly outperformed the market during the third quarter. This outstanding performance speaks to the differentiated nature of eXp’s platform and the power of our unique, success-oriented culture.”

Is EXP Realty the Right Choice for You?

Licensed since 2003, I’ve been around the block with local and national Realty companies. Here is my guide to picking a brokerage based on splits, leads, and training. If you’re thinking of getting your real estate license for the first time, here is my in-depth guide (updated annually) to getting your Oregon license.

EXP just might be your next best step to build a successful real estate career. To help you decide, consider a few of the highlights of working with EXP below.

• Unparalleled online presence and access—The world has gone mobile, and the present and future in real estate are built on technology. With EXP Realty, you can be assured of staying with technological trends, thanks to the company’s ever-evolving focus on cloud-based access to everything you need to succeed in your business.
  
• Barrier-free referral networking—Connect with clients and colleagues anytime from anywhere with EXP Realty’s single online platform that allows you to make referrals and complete joint sales easily and quickly across the globe.
  
• Accessible, applicable training—Regardless of your experience in real estate, you’ll receive the best real estate training available on your own time.
  
• Reasonable business costs—By removing the need for a brick-and-mortar presence, EXP Realty brokers and agents can cut back on overhead yet maintain high-quality features and service for their clients and employees.
  
• Grow and succeed with other highly successful professionals—EXP Realty is the fastest-growing, residential real estate company in the U.S. When you become an agent with EXP, you will work alongside the cream of the crop.

Want to Learn More About EXP Realty from a Top Agent?

If you’re excited about the prospects of joining EXP Realty, get in touch with our team. We’d love to share with you the benefits of working with this company. Chat with the bot on this site or give us a call at 503-714-1111. We look forward to connecting with you.

EXP Realty:

Commitment to Sustainability

One of the primary goals of EXP Realty is eco-friendly initiatives. Not only does the cloud-based realtor model help reduce the overall carbon footprint of the company, but it also allows for a customizable approach to local eco-conscious issues. On top of this, one of the primary goals of EXP Realty is to create empowered, equitable communities and advance climate-positive solutions. Through a combination of individual training initiatives, as well as a corporate commitment to eco-friendly solutions (beginning with a cloud-based information sharing and collaboration model), EXP puts community and climate health at the top of its priority list. 

Commitment to Realtor Excellence

Not only does EXP Realty run a cloud-based operation that allows all Realtors the same access to information, training opportunities, and collaboration opportunities, but it also puts Realtor training at the top of its priority list. With a boasted over 50 hours weekly of training opportunities, EXP Realty ensures the dedication, knowledge, and professionality of its various realtor branches. Not only are you working with some of the best realtors on the market, but you’re also dealing with a company committed to excellence. 

Another aspect of their team excellence is in the borderless vision they hold for real estate. With real estate, it can become difficult to see past street names and counties. Thanks to the cloud-focused model at EXP Realty, Realtors around the world can collaborate with one another, and access useful resources that can elevate their practice. With no franchise fees and no paywalls between realtors and nearly global information, the training opportunities alone are astounding. 

Thanks to this free communication, EXP Realty has come to boast one of the largest teams of brokers in the world, collaborating on a global scale. If you’re looking for an experienced brokerage team that can answer all your questions, has undergone rigorous training, and understands real estate on a local and global level, working with an EXP Realty agent is the right choice for you.