EXP -Reports Standage Q1 Income, reinforces a clear cooperation position

The total number of agent of the company was 81,904 at the end of March, a decrease of 5% compared to a year earlier. But the global transaction volume rose by 4% to $ 38.6 billion.

Transaction canties fell 2% to 89,643. And Exp’s Agent Net Promoter Score – an important measure for customer satisfaction – rose to 78, an increase of 73 a year earlier.

Push on real estate on the list of transparency

Leo Pareja, CEO of Exp Realty, concentrated his comments during the profit of profit to the company’s response to policy shifts in the industry, in particular the National Association of Realtors’ (NAR) Updated clear cooperation policy.

“We believe that delayed marketing will cause the confusion of customers and that we will not participate,” said Pareja. “On April 10 we announced our collaboration with ZillowWhere we are committed to launching all EXP reports on the first day of advertisements. “

He said that the brokerage makes its offers available by promoting programming interfaces (APIs) to all major real estate portals – including Zillow, Redfin” Trulia And Homes.com – to guarantee maximum exposure for consumers.

“If the (virtual office website) feeds can be isolated and kept away from small, independent starting companies such as those Glenn [Sanford] Founded, we wouldn’t be here today, “said Pareja.” We believe in an open market that offers every startup the opportunity to compete if they have a valuable proposition for both consumers and agents. “

‘A platform company’

Sanford, the founder and CEO of Exp World Holdings, opened his comments by Exp in Framing as a broader platform consisting of four interconnected companies: Exp Realty Noord -Arikika; his international brokerage division; Success companies; and its virtual technology platform, Frame VR.

“For us this is not just a collection of business units,” said Sanford. “It is a platform company that consists of four strategic components, designed to serve agents at every level of their growth trip.”

Sanford emphasized that Exp Realty Noord-America remains the “profitability motor” of the company that gives the company reinvestment capacity in the long term without the need to attract capital.

That foundation, he said, made it possible to expand worldwide, to deepen his technology stack and maintain operational flexibility.

“Our North Star remains clear: to build the most agent -oriented real estate agents on the planet,” said Sanford. “Every decision, every investment, every innovation is filtered by that lens.”

AI investments, long-term productivity

Sanford also emphasized the growing investments of the company in AI and digital infrastructure and called these long -term bets aimed at reforming how agents work.

“We have made heavier and deliberate investments in technology and AI, especially in the past quarters,” he said. “These are not bets in the short term. We believe that the real return on AI-driven productivity, automation and platform lever will appear useful in future periods, and we are now building for that future.”

He added that Frame VR is part of the long -term strategy to enable a 24/7 worldwide cooperation.

“Frame is how we make our community infrastructure future -proof,” said Sanford. “It is not only virtual meeting room – it is the architecture of what agent cooperation will look like in the AI ​​era.”

Global experience strengthens data obligation

Pareja noted that the international footprint of the company’s perspective on the value of clean, consistent real estate data has tightened up the company’s value.

“When you see and experience what we see outside of North America, you have a different appreciation for the complete data set that we like in this country,” he said. “Apart from the US and Canada, it is a fragmented dataset that is not consistent, with confusion that leads to longer days on the market and much more effort in the implementation process.”

This contrast reinforces the importance of maintaining open and accessible listing data, he said.

To support agent’s attraction and mentoring, Exp launched a new co-sponsor program on 1 May.

With the initiative, a new agent can be supported by a primary and co-sponsor, who can earn both benefits for sharing income.

“The power of two-that is one primary sponsor plus a co-sponsor-olive agents to achieve unlimited potential, to double the insights and double the impact,” said Pareja. “This co-sponsor program is built on a basic framework: let’s enable more leaders to support and attract agents outside their immediate organization.”

Pareja added that the program introduces stronger stimuli for experienced agents to invest in the success of new, while maintaining the structure and benefits for existing sponsors.

Sanford concluded the call by re -confirming the company’s dedication to agents, technology and global global growth.

“No other brokerage works like that,” he said. “Everything we do or is now about new market launches, AI-CO pilots or digital community-tools-is designed to help agents to build scalable, sustainable companies.”