eXp Realty Stock | eXp World Holding Stock 3rd Quarter 2020📈Preliminary💸Earnings

eXp World Holdings | eXp Realty parent company Preliminary Third Quarter 2020 Highlights (the financial information below is subject to change and could be different when earnings are released):

The number of agents and brokers on the eXp Realty platform increased 56% to 35,877 at the end of the third quarter of 2020, compared to 23,034 a year ago.

Residential transaction sides closed for the third quarter of 2020 increased by 95% to 75,392, compared to 38,567 during the third quarter of 2019.

Residential transaction volume closed for the third quarter of 2020 increased by 112% to $23.6 billion, compared to $11.1 billion during the third quarter of 2019.

eXp Realty ended the third quarter with a 73 agent Net Promoter Score, which measures agent satisfaction, as compared to 61.

eXp Realty continues to maintain a Glassdoor rating of 4.6 placings it close to the top of all large companies in terms of culture and collaboration.

VirBELA revenue grew more than 360%.

International expansion continues with the launch of South Africa, with near-term plans to expand into additional key international markets.

“As one of the fastest-growing residential real estate brokerages, we continue to deliver on our value proposition to agents, consumers, and shareholders,” said Glenn Sanford, Founder, Chairman, and CEO of eXp World Holdings. “Our world-class agents combined with a progressive cloud-based model provides a significant competitive advantage in the real estate industry, driving eXp to yet another quarter of record results.”

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