$EXPI eXp World Holdings Inc Deep Dive and 2024 Outlook
The real estate broker is still trying to get out of a slump
eXp World Holdings, Inc. is a technology company that operates a cloud-based real estate brokerage platform and virtual environment. eXp World Holdings was founded in 2008 by Glenn Sanford, the current Chairman and CEO. The company's flagship product is eXp Realty, the world's largest independent real estate company with over 89,000 agents across 19 countries. eXp's cloud-based technologies enable the company and its agents to scale globally with operational flexibility and resilience while building a strong culture and community. The company's immersive 3D platform, Virbela, powers the collaborative virtual environment where eXp agents can access training, tools, and networking opportunities. eXp offers mortgage origination, title, escrow, and other settlement services. The company's diverse customer base includes real estate agents, brokers, staff, and general consumers across various industries.
The big questions for eXp and the stock in 2024?
How will eXp leverage its cloud-based, immersive technology platforms like Virbela to drive agent productivity and collaboration?
Can eXp Realty continue to grow its agent count and market share globally?
Will eXp's technological edge continue to be a differentiator?
Is eXp's stock price undervalued?
How will rising interest rates impact eXp's business model?
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