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Introducing The Virbela Speakeasy to transform online events into immersive social experiences 

SAN DIEGO – Dec. 10, 2020 – Virbela, a virtual world for work, education, and events, has launched a new live entertainment venue, The Virbela Speakeasy. With immersive 3D spaces that provide the presence and emotional connection of being together in person, Virbela enables organizations to transform online events into engaging and realistic social experiences. Ideal for group events and large gatherings, The Virbela Speakeasy can accommodate thousands of attendees, while offering a virtual setting for live music, comedy shows, social events, and more.

“The world has changed in so many ways this past year, highlighting the need for remote solutions that address real-world challenges. We’re thrilled to expand our virtual environment with The Virbela Speakeasy, giving people new ways to connect, while enabling more human, realistic interactions online,” said Alex Howland, president and co-founder of Virbela. “As remote technology continues to gain adoption, more organizations are looking to bring community-driven culture and events to the online world. Virtual environments, like The Virbela Speakeasy, are a perfect solution.”

The Virbela Speakeasy is a unique and interactive social environment that brings the in-person experience of attending a concert or event to life online. To attend an event, participants create and customize their own avatar in Virbela, which allows them to explore, socialize, and enjoy the event with other attendees — just as they would in the real world.

Features include:

• An expansive, multi-level entertainment venue: The Virbela Speakeasy includes a large stage and multiple screens for viewing live performances, a dance floor, balcony, retractable roof, lighting options, and a VIP backstage area.
• Dozens of branding opportunities and new dance capabilities: Organizations can customize the name of the venue, add their logo, and curate images, videos, and posters throughout the event space. Every avatar has 10 different dance moves, including the twist, swing, samba, salsa, robot, house, hip-hop, headbang, Gangnam, and breakdance.
• Private volume areas: Avatars can step into smaller, private chat areas for 1:1 or smaller group conversations.

“Events are an experience — whether it’s a conference, a business meeting, a party, or an awards gala. Just because we can’t gather in the real world doesn’t mean we can’t have unforgettable events online,” said Ryan Costello, co-founder and CEO of Event Farm. “As a Virbela partner, we had the opportunity to test the new venue early with the launch of our Fatigueless concert series. We were able to give attendees a fun, highly social, and engaging way to enjoy our concerts online, and we look forward to partnering with Virbela to bring even more revolutionary, virtual event experiences to market.”

Virbela has become the industry go-to for hosting large-scale virtual events, business conferences, and online educational programs. Easy-to-use, with no VR headset required, the platform is accessible to anyone with Wi-Fi and provides an all-in-one virtual venue with expo halls, auditoriums, and social spaces for people to explore and stay engaged.

On December 17, Virbela will host a virtual holiday party featuring DJ Jazzy Jeff to officially open the doors to The Virbela Speakeasy. The event is an opportunity for Virbela partners, customers, and prospects to experience the venue with a live DJ set, connect with colleagues, make new contacts, as well as test out their new virtual dance moves to close out the year. To learn more about the event, visit https://future.virbela.com/virbela-holiday-party-2020.

About Virbela 

Virbela builds engaging virtual worlds for work, learning, and events. Founded in 2012 by a team of behavioral psychologists, Virbela’s mission is to help organizations and people thrive at work and play from anywhere. With immersive 3D spaces that are deeply social and collaborative, Virbela brings business and in-person experiences to life online, while enabling teams to be more connected and productive.

Virbela is owned by eXp World Holdings, Inc. (Nasdaq: EXPI). To tour our virtual offices, classrooms, event spaces, and more, visit virbela.com and follow us on Twitter and LinkedIn.

Contact
press@virbela.com

The post Virbela Launches New Virtual Entertainment Venue for Live Music and Events appeared first on eXp World Holdings.

Acquisition enables eXp to launch technology-driven platform for entrepreneurs and sales professionals in $38 billion personal development industry

BELLINGHAM, Wash. — Dec. 9, 2020 – eXp World Holdings, Inc. (Nasdaq: EXPI), the parent company of eXp Realty and Virbela, today announced that it has completed the acquisition of SUCCESS Enterprises and its related media properties, including the highly coveted SUCCESS.com domain and web property. With the addition of SUCCESS, eXp will blend its technology and content to enhance the personal development platform for entrepreneurs and sales professionals.

“This is an exciting day for both the real estate and personal development industries,” said eXp World Holdings CEO, Chairman and Founder Glenn Sanford. “By combining eXp’s cutting-edge technology and passion for education with SUCCESS’s established platform, we are well-positioned to take personal development to the next level. This acquisition fortifies our business model of providing a better value proposition for agents, while expanding our reach. Together, SUCCESS and eXp will inspire agents and entrepreneurs to be the best version of themselves.”

Through SUCCESS’s media channels and eXp’s immersive 3D Virbela technology, eXp will develop an ecosystem of on-demand personal development content, including digital coaching and courses. The cloud-based platform, expected to launch in 2021, will enable SUCCESS to engage more directly with its more than 4.5 million community members and allow eXp to provide more personal development resources to its more than 39,000 agents around the globe.

Sanford has been named CEO of SUCCESS Enterprises and will continue serving in his other leadership capacities. Josh Ellis will continue as SUCCESS magazine’s editor-in-chief.

“There is tremendous synergy between eXp and SUCCESS,” said Ellis. “Creating an ecosystem of media channels and content enhanced with immersive technology will make personal development more accessible and impactful.”

Chief Storytelling Officer Kindra Hall and Director of Digital & Commerce Lauren Cannon will continue in their leadership roles and Don Hobbs, a well-known real estate coach and trainer with more than 25 years of experience, joins the team as president of SUCCESS Enterprises to lead brand expansion.

“I’m thrilled about the opportunity to develop a modern, digital personal development platform for today’s business leaders,” said Hobbs. “Cloud-based coaching and content is where the industry is headed, and we’re in an exciting position to leverage SUCCESS’s brand equity and eXp’s technology to bring the platform to market and expand its reach.”

For more information about eXp World Holdings and its subsidiaries go to www.expworldholdings.com.

About SUCCESS

SUCCESS is a U.S.-based business magazine that was founded in 1897 by achievement philosopher Orison Swett Marden. In its 123-year lifespan, SUCCESS has become one the leading publications in the United States covering personal and professional development through inspiration, motivation and training. In addition to SUCCESS magazine, the brand’s media properties include SUCCESS.com, SUCCESS newsletters, podcasts, digital training courses and affiliated social media accounts across platforms.

About eXp World Holdings, Inc. 

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, eXp Commercial, Virbela, Showcase IDX and SUCCESS Enterprises.

eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 39,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico and Portugal and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive.

For more information visit https://expworldholdings.com/.

 

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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Investor Relations Contact:
Greg Falesnik
MZ Group – MZ North America
investors@expworldholdings.com

Media Relations Contact:
Molly Strong
eXp Realty
press@exprealty.net

 

The post eXp World Holdings Completes Acquisition of SUCCESS Enterprises appeared first on eXp World Holdings.

One of the Fastest-growing Real Estate Companies Extends Innovative Business Model to the Portugal Market

 
BELLINGHAM, Wash. — Dec. 8, 2020 (GLOBE NEWSWIRE) — eXp World Holdings, Inc.  (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, today announced its expansion into Portugal, under the eXp Portugal banner. Portugal represents the seventh international expansion for the company. In addition to its robust U.S. presence, eXp Realty also operates in Australia, Canada, India, Mexico, South Africa, and the United Kingdom, with more than 39,000 agents across the globe.

eXp Realty offers a unique financial model for residential and commercial real estate agents, going beyond attractive commissions to provide its agents with revenue share and equity programs that include opportunities for stock awards. The model also offers proprietary marketing resources, including the company’s cloud-based environment and customized technology platform that enhances virtual prospecting, sales, training and communications for agents.

“We are thrilled to introduce eXp to continental Europe through our expansion into Portugal. The country’s Golden Visa program and tax abatements to attract foreign investment are ideally positioned for success with the eXp model,” said Michael Valdes, President of eXp Global. “In addition to increased revenue opportunities for agents, our virtual technology and valuable marketing resources give agents an enviable advantage and positions them well for the future of real estate.”

eXp Portugal is being led by Guilherme Grossman, Designated Managing Broker. Grossman brings over a decade of real estate experience in Portugal.

“It is with great satisfaction that we announce the arrival of eXp in Portugal. We are confident that our business model will be an asset not only for the agent community, but also for consumers who will experience a new way of doing business,” said Grossman. “Innovation is a key driver of eXp’s success, and we’re confident that eXp Portugal will contribute to and revolutionize the way real estate operates in the country.”

The company’s presence in Portugal will encompass a national footprint, including all major cities and states. Portugal represents one of five countries eXp Global has identified for expansion by the end of 2020. South Africa launched in October 2020, India and Mexico in November 2020, and the remaining country, France, will launch in December 2020.

About eXp World Holdings, Inc. 

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

eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 39,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, Mexico and India. 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 about eXp World Holdings, please visit the company’s website at https://expworldholdings.com.

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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
Mediarelations@expworldholdings.com 

Portugal Media Relations Contact:
Rita Rousseau | YOLO™ Creative Communication Solutions
rita.rousseau@thisisyolo.com

Investor Relations Contact:
Greg Falesnik
MZ Group
Investors@expworldholdings.com

One of the Fastest-growing Real Estate Companies Extends Innovative Business Model to the Mexico Market

BELLINGHAM, Wash. — Dec. 1, 2020 (GLOBE NEWSWIRE) — eXp World Holdings (Nasdaq: EXPI), the parent company for eXp Realty, one of the fastest-growing real estate companies in the world, today announced its expansion into Mexico, under the eXp Mexico banner. The addition of residential and commercial brokerage operations in Mexico represents the sixth international expansion for the company. In addition to its robust U.S. presence, eXp Realty also operates in Canada, the United Kingdom, Australia, South Africa, and India, with more than 39,000 agents across the globe.

eXp Realty offers proprietary software, including the company’s cloud-based virtual environment, leading-edge marketing resources, world-class training, and a global real estate community to its network of agents. Additionally, a unique compensation model, which includes revenue share and equity ownership opportunities, offers agents a roadmap to elevate themselves, their families, and communities by potentially building financial independence.

“We carefully selected Mexico as the first Spanish-language country in our global expansion, due to their vibrant history, rich culture, and strong real estate market,” said Michael Valdes, President of eXp Global. “With a population of 126 million, we see a phenomenal opportunity with our superior platform to change the real estate industry in a country as important as Mexico. eXp brings to Mexico tremendous opportunities for agents to grow and develop not only their own businesses, but to support the growth of other agents as well. Mexico is also the perfect fit for eXp’s community based culture.”

eXp Mexico is being led by Ismael Gonzalez, Designated Managing Broker. Gonzalez brings over a decade of real estate experience in Mexico.

“We haven’t seen anything like the eXp Realty model before in Mexico,” said Gonzalez. “It has been overwhelming to see the interest and excitement from so many agents and real estate leaders in our country. I firmly believe eXp Mexico will be a true game changer, and I am excited to extend this opportunity to all of my fellow real estate agents throughout Mexico,” he said.

The company’s presence in Mexico will encompass a national footprint, including all major cities and states. Mexico represents one of five countries eXp Global has identified for expansion by the end of 2020. South Africa launched in October 2020, India in November 2020, and the remaining countries include France and Portugal.

About eXp World Holdings, Inc. 

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

eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 39,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa and India. 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 about eXp World Holdings, please visit the company’s website at https://expworldholdings.com.

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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
Mediarelations@expworldholdings.com 

Mexico Media Relations Contact:
Ismael Gonzalez
ismael.gonzalez@exprealty.net

Investor Relations Contact:
Greg Falesnik
MZ Group – MZ North America
Investors@expworldholdings.com

The post eXp World Holdings Expands Real Estate Operations Into Mexico appeared first on eXp World Holdings.

One of the Fastest-growing Real Estate Platforms Extends Opportunity to Over 1 Million Agents in India Market

BELLINGHAM, Wash. — Nov. 16, 2020 (GLOBE NEWSWIRE) — eXp World Holdings (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, today announced it has expanded its collaborative, cloud-based real estate brokerage model into India, under the eXp India banner. The addition of residential and commercial brokerage operations in India represents the fifth international expansion for the company, which is headquartered in the United States. In addition to its robust U.S. presence, eXp Realty also operates in Canada, the United Kingdom, Australia, and South Africa, with more than 38,000 agents across the globe.

eXp Realty offers a unique financial model for residential and commercial real estate agents, going beyond attractive commissions to provide its agents with revenue share and equity ownership opportunities. The partnership model also offers proprietary marketing resources, including the company’s cloud-based virtual environment and customized technology platform that enhances virtual prospecting, sales, training and communications for agents.

“We are excited to bring our innovative and proven model to India. Given its pool of over 1 million agents, India is one of the most dynamic real estate markets in the world and is perfectly poised to benefit from our agent-centric model,” said Michael Valdes, President of eXp Global. “In advance of our official launch, we have already received a phenomenal response after formally establishing operations and our preliminary marketing efforts.  In addition to increased revenue opportunities the model brings to agents in India, our focus will be to provide access to our cloud-based brokerage and virtual technology to help deliver valuable marketing resources and position our agents for the future of real estate.”

“India has never seen a model like this before, which I believe will change the traditional landscape of the industry,” said Shashank Vashishtha, Designated Managing Broker in India. “eXp India will be a game-changer for both consumers and agents.”

Similar to the U.S. model, eXp Realty and the global division anticipates a similar trajectory for India’s real estate industry to utilize a model that not only offers generous commissions, but incentivizes agents to attract other agents through eXp’s multi-layered compensation model.

“Our decision to expand into the growing India market is a direct result of the robust growth we’ve experienced in the U.S. and other high-value international locations,” said Jeff Whiteside, CFO and Chief Collaboration Officer of eXp World Holdings. “Over the last five years, we’ve grown our revenue at a compounded annual growth rate of over 100%, and recently, reported record financial results and profitability in the third quarter of 2020. We expect to continue this momentum by extending our incentivizing model to markets capable of the success we’ve had domestically, and believe India aptly illustrates that opportunity.”

The company’s presence in India will encompass a national footprint, including all major cities and states. India represents one of five countries eXp Global has identified for expansion by the end of 2020. South Africa launched in October 2020 and the remaining countries include France, Mexico and Portugal.

About eXp World Holdings, Inc. 

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

eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. 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 https://expworldholdings.com.

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 economic and social effects of the COVID-19 pandemic; continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
Mediarelations@expworldholdings.com 

India Media Relations Contact:
Deepali Gusain
deepali.gusain@exprealty.net

Investor Relations Contact:Greg Falesnik
MZ Group – MZ North America
Investors@expworldholdings.com