eXp Realty (NASDAQ:EXPI) soars with strong Q1 earnings & key hires

Full story: https://grafa.com/news/exp-realty--nasdaq-expi--soars-with-strong-q1-earnings---key-hires-216464

eXp World Holdings (NASDAQ:EXPI), a global real estate company, revealed its financial outcomes for the quarter ending March 31, 2024, marking significant achievements and strategic leadership appointments.

The company's robust performance was highlighted by a 12% year-over-year increase in transactions, totalling over $37 billion.

Glenn Sanford, Founder, Chairman, and CEO of eXp World Holdings, expressed pride in these results, emphasizing the company's pioneering role in the cloud brokerage market.

"During the first quarter, our agents closed over $37 billion of transactions, a 12% year-over-year increase, underscoring eXp’s unparalleled scale in the cloud brokerage market we pioneered," he stated.

This surge in transactions is a testament to eXp Realty's growing dominance and the effectiveness of its platform in supporting agents amid a shifting real estate landscape.

The report also announced a cash dividend of $0.05 per share for stockholders of record as of May 13, 2024, payable on May 27, 2024.

Meanwhile, eXp Realty made significant leadership enhancements, appointing Leo Pareja as CEO and Wendy Forsythe as Chief Marketing Officer, among others.

These appointments are poised to bolster the company's strategic vision and operational efficiency, ensuring sustained growth and market leadership.

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