BELLINGHAM, Wash., April 15, 2021 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), one of many world’s fastest-growing residential and business actual property firms, at this time introduced a partnership between eXp Industrial and Reonomy that can improve property intelligence and know-how stack choices for eXp Industrial brokers. Reonomy offers actionable business actual property (CRE) insights, utilizing synthetic intelligence and machine studying to gasoline enterprise selections.
The partnership between eXp Industrial and Reonomy empowers eXp Industrial brokers with strong and correct CRE insights that information prospecting methods. Entry to Reonomy’s internet utility can be included in eXp Industrial’s base membership payment, offering superior know-how for business brokers and brokers.
“We’re thrilled to accomplice with Reonomy to empower our business brokers with unparalleled information and insights,” stated James Huang, President, eXp Industrial. “At eXp, we’re dedicated to offering our brokers with the most effective sources out there to steer and achieve the actual property trade. Reonomy’s information and insights will assist drive smarter, extra environment friendly enterprise selections for business brokers and finally assist them be much more profitable.”
By the corporate’s distinctive monetary mannequin, eXp Industrial affords business actual property brokers compelling incentives, reminiscent of one of the crucial aggressive fee packages in the actual property trade and alternatives to earn inventory awards. eXp Industrial brokers and eXp Realty brokers can collaborate for referrals, leverage proprietary advertising and marketing sources and scale their enterprise utilizing eXp’s know-how platform. Presently, brokers can signal as much as promote business properties with eXp Industrial in 44 U.S. states.
“Our partnership with Reonomy highlights our shared values round innovation and permits us to offer business actual property brokers with probably the most up-to-date and correct information out there in a single place,” stated Stephanie Gilezan, Director, eXp Industrial brokerage operations. “We’re additionally happy to supply our brokers Reonomy’s propensity mannequin, ‘Prone to Promote,’ which informs brokers of possible listings, enabling brokers to get forward and goal enterprise. We’re excited to assist our brokers improve effectivity and unlock beneficial information by means of this partnership.”
“Reonomy is worked up to accomplice with eXp Industrial, whose compelling worth proposition and revenue-sharing mannequin means it’s poised for speedy development,” stated Invoice Okun, CEO at Reonomy. “We pleasure ourselves in bringing innovation to the business actual property trade, and eXp Industrial is a pure accomplice with its cloud-based, technology-driven platform.”
eXp Industrial is providing a free business actual property coaching and certification program for all licensed brokers — whether or not they’re with eXp or not. The coaching program, “An Introduction to Commercial Real Estate,” will happen April 26-30 on the corporate’s digital campus, eXp World. It will likely be facilitated by Michael Simpson of the Nationwide Industrial Actual Property Affiliation (NCREA).
For extra details about eXp Industrial, please go to www.expcommercial.com.
About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding firm for eXp Realty, Virbela, and SUCCESS Enterprises.
eXp World Holdings and its international brokerage, eXp Realty, is among the fastest-growing actual property tech firms on this planet with greater than 51,000 brokers in america, Canada, the UK, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy and Hong Kong and continues to scale internationally. As a publicly traded firm, eXp World Holdings offers actual property professionals the distinctive alternative to earn fairness awards for manufacturing objectives and contributions to total firm development. eXp World Holdings and its companies supply a full suite of brokerage and actual property tech options, together with its modern residential and business brokerage mannequin, skilled providers, collaborative instruments and private growth. The cloud-based brokerage is powered by an immersive 3D platform that’s deeply social and collaborative, enabling brokers to be extra related and productive.
For extra data, go to https://expworldholdings.com/.
Protected Harbor Assertion
The statements contained herein might embody statements of future expectations and different forward-looking statements which are primarily based on administration’s present views and assumptions and contain recognized and unknown dangers and uncertainties that would trigger precise outcomes, efficiency or occasions to vary materially from these expressed or implied in such statements. Such forward-looking statements communicate solely as of the date hereof, and the corporate undertakes no obligation to revise or replace them. These statements embody, however should not restricted to, statements in regards to the financial and social results of the COVID-19 pandemic; continued development of our agent and dealer base; enlargement of our residential actual property brokerage enterprise into international markets; demand for distant working and distance studying options and digital occasions; growth of our new business brokerage and our means to draw business actual property brokers; and income development and monetary efficiency. Such statements should not ensures of future efficiency. Vital components that will trigger precise outcomes to vary materially and adversely from these expressed in forward-looking statements embody modifications in enterprise or different market circumstances; the issue of retaining expense development at modest ranges whereas growing revenues; and different dangers detailed now and again within the firm’s Securities and Change Fee filings, together with however not restricted to probably the most just lately filed Quarterly Report on Kind 10-Q and Annual Report on Kind 10-Okay.
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eXp World Holdings, Inc.
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MZ Group – MZ North America
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