Agents Gone Mobile

Industry Leaders Attracted to Cloud-based Brokerage

BELLINGHAM, Wash. — July 1, 2020 — eXp Realty, one of the fastest-growing, global residential real estate companies, today announced some of the new agents and teams who joined the brokerage during the second quarter of 2020.

“eXp Realty provides an innovative platform for agents and broker-owners to scale and propel their businesses forward,” said eXp Realty President of U.S. Growth Dave Conord. “We’re thrilled that more than 15 brokerages transitioned to eXp during the second quarter. Top producers embrace eXp’s technology and training, and we’re pleased to continue to welcome nationally recognized agents to our brokerage.”

Following are some of the new agents and teams who joined eXp Realty during the second quarter.

Jim Black & The Jim Black Group, Massachusetts 

Jim Black has been a licensed Realtor since 2004 and founded The Jim Black Group in 2013. Since then, Black and his team have sold more than 800 homes. In 2019, the team sold 212 homes with $56 million in closed volume. The team has also been recognized as the top-producing team in Central Massachusetts by the Realtor Association of Central Massachusetts in 2016, 2017, 2018 and 2019.

Annette Fraley & Synergy One, California

Annette Fraley began her career in real estate more than 20 years ago, working as a mortgage servicer. Today, she has more than 15 years of experience selling luxury properties and has been recognized by the industry for her expertise and production. In 2015, 2018 and 2019, the National Association of Hispanic Realtors recognized Fraley as one of the top 250 real estate agents in the nation. In 2016, Fraley also was awarded the prestigious Latina Pioneer award by the California Hispanic Chamber of Commerce.

Kathie Lea & The Kathie Lea Team, Florida

Kathie Lea began her real estate career 20 years ago, and her husband John Rigg joined her in running the team in 2013. Today, they run a top team in the Tampa Bay area and consistently rank in the top four in their market for closed buyer transactions and in the top 15 for total closed volume. In 2019, they closed $49 million in sales with 156 transactions. Since the team started, they have closed more than 1,300 transactions.

Alex Tooke & The Peak Properties Group, Colorado

Alex Tooke has 10 years of experience in real estate and co-founded The Peak Properties Group, a full-service real estate team serving buyers and sellers in the Denver metro area and Northern Colorado. Since its founding in 2010, Peak Properties has sold more than 1,600 homes, achieved over half a billion dollars in sales volume and received more than 350 5-star reviews on Zillow. The team was ranked among the top 1% of all teams by REAL Trends, named an Inc. Fastest-Growing Private Business in America and recognized as The Best of Zillow over the past year.

Peggy Urieff, California

Peggy Urieff is consistently ranked among the top solo agents in the greater Sacramento and Tahoe marketplaces. With more than 350 closed transactions and $150 million in closed sales volume, Urieff is a top-producing agent who receives more than 95% of her business from repeat clients and referrals. Committed to ongoing education, Urieff completes 250 hours of continuing real estate education and coaching every year. Urieff is also a recognized real estate speaker on relational marketing.

About eXp Realty

eXp Realty is an eXp World Holdings, Inc. (Nasdaq: EXPI) company. eXp World Holdings also owns VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 30,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

Connect with eXp World Holdings and its companies: https://expworldholdings.com/social.

Media Relations Contact:
Cynthia Nowak
Vice president, marketing and communications, eXp Realty
360.419.5285 ext. 116
press@exprealty.com

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com

BELLINGHAM, Wash. — June 24, 2020  — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and VirBELA, today announced the appointment of Kent Cheng to the role of Global Controller. Cheng will be responsible for leading and developing the organization’s global accounting, finance practices and procedures. He also will ensure the preparation and analysis of all financial reports comply with all applicable regulations. These vital financial functions will allow eXp to continue its rapid growth trajectory and more quickly expand its international footprint.

Cheng has decades of finance expertise in global finance, accounting and information technology functions in large, complex and geographically dispersed multi-billion-dollar international businesses.

“Kent brings the right mix of global finance experience and leadership we need to grow eXp’s operations into a truly international company,” said Jeff Whiteside, eXp World Holdings CFO. “His experience building high-performance, global teams and leading finance system implementations will be invaluable as eXp continues to grow in North America and further expands into international markets.”

Most recently, Cheng was corporate controller of Ocean Spray Cranberries where he led all accounting and finance activities for the global company. Prior to that, he was the global finance director for Titanium Technologies at The Chemours Company, a leading, international chemical company. Cheng started his finance career at General Electric, and held various senior finance leadership roles at AkzoNobel, and Rohm and Hass. Also, he brings international experience having lived and worked in Asia and Europe.

Cheng holds a masters in accounting from Utah State University and is a member of the American Institute of Certified Public Accountants.

About eXp World Holdings

eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 30,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

For more information, please visit the company’s website at www.expworldholdings.com.

Connect with eXp World Holdings and its companies: https://expworldholdings.com/social

Media Relations Contact:
Cynthia Nowak
Vice president, marketing and communications, eXp Realty
360.419.5285 ext. 116
press@exprealty.com

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com

BELLINGHAM, Wash. — June 18, 2020  — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and VirBELA, today announced the appointment of Courtney Chakarun to the role of Chief Marketing Officer. She will be responsible for amplifying the eXp World Holdings’ brands and overseeing all areas of marketing, including driving digital strategy for growth and enhancing eXp Realty’s value proposition for agents and brokers. In addition, Chakarun will help raise awareness of VirBELA’s virtual platform as more companies search for technologies and tools to solve for remote workforces.

Chakarun brings decades of marketing expertise in consumer finance, housing and technology. Most recently, she was CMO of Roostify, a digital lending platform that processes nearly $35 billion a month in home loans. At Roostify, she transformed the marketing organization, elevated the brand and catalyzed collaboration across the company to advance the home lending experience. Prior to Roostify, Chakarun led marketing and innovation at CoreLogic and held various leadership roles at General Electric. Under her leadership, both companies embraced a culture of innovation and digital first marketing orientation.

“Courtney’s drive, expertise and leadership positions in housing, consumer finance and technology are aligned with our hyper-growth trajectory and commitment to the agent experience,” said Glenn Sanford, eXp World Holdings Founder and CEO. “Her track record of driving growth and building brands will be invaluable as eXp expands its affiliated services program and continues its focus on providing innovative solutions for agents and their clients. We are thrilled to have her on board.”

A recognized thought leader in lending, consumer insights and digital transformation, HousingWire recognized Chakarun as a Woman of Influence in 2019 and named her a Rising Star in 2016. Additionally, Chakarun holds a masters from the University of Arkansas Sam M. Walton School of Business. 

About eXp World Holdings

eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 30,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

For more information, please visit the company’s website at www.expworldholdings.com.

Connect with eXp World Holdings and its companies: https://expworldholdings.com/social 

Media Relations Contact:
Cynthia Nowak
Vice president, marketing and communications, eXp Realty
360.419.5285 ext. 116
press@exprealty.com

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com

BELLINGHAM, Wash. — June 17, 2020 — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and VirBELA, today announced it will hold a virtual fireside chat between CEO Glenn Sanford and CFO Jeff Whiteside, and D.A. Davidson Senior Research Analyst Tom White on Friday, June 19 at 8 a.m. PT / 11 a.m. ET.

The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its companies.

Date: Friday, June 19

Time: 8 a.m. PT / 11 a.m. ET – 9 a.m. PT / noon ET

Location: VirBELA Open Campus in the Auditorium. Join at virbela.com.

Livestream: expworldholdings.com/events

In advance, eXp World Holdings is releasing the following strategic update:

• As we approach the end of the second quarter, we are now projecting that eXp World Holdings will report net income for the third quarter in a row. As a result of its cloud-based brokerage strategy, eXp Realty is benefitting from substantial cost savings that competing brokerages in the industry are unable to realize. Based on the current trajectory, this will likely be eXp World Holdings’ most profitable quarter in the history of our company.
• Our strategic focus on international growth has intensified. Under new leadership, we are now planning on adding a significant number of agents in international markets during the course of the next year. This will likely result in international markets becoming a material contributor to our growth.
• We are planning to aggressively expand our presence in commercial real estate during the coming year and anticipate attracting a significant number of commercial real estate brokers. This initiative is anticipated to lead to commercial real estate becoming a strong contributor to growth of the company.
• We continue to gain traction in our affiliated services businesses. We anticipate that during the coming year there will be material contributions to results from growth in Express Offers, IntroLend First Cloud mortgage lending, Silverline Title and Escrow closing, along with the other affiliated services businesses combined. We plan to launch new services and establish new partnerships that will continue to expand our offerings during the coming year.
• VirBELA continues to experience a step change in the business. We are engaged with hundreds of new and prospective clients. The business is positioned to substantially benefit from the global shift to remote work.

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the company’s expansion, revenue growth, operating results, financial performance and net income changes. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K.

About eXp World Holdings

eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty and VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 30,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

For more information, please visit the company’s website at www.expworldholdings.com.

Connect with eXp World Holdings and its companies: https://expworldholdings.com/social

Media Relations Contact:
Cynthia Nowak
Vice president, marketing and communications, eXp Realty
360.419.5285 ext. 116
press@exprealty.com

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com