SOURCE: eXp World Holdings, Inc.

eXp World Holdings, Inc.

October 25, 2016 09:35 ET

Darren James Real Estate Team Joins eXp Realty in Louisiana

Top Producing REALTOR® in Baton Rouge Joins Agent-Owned Cloud Brokerage®

BELLINGHAM, WA--(Marketwired - October 25, 2016) - eXpWorld Holdings, Inc. (OTCQB: EXPI) announced today that Darren James, principal of the Baton Rouge brokerage Darren James Real Estate Experts has transitioned his team of agents and brokers over to eXp Realty, the Agent-Owned Cloud Brokerage®.

"The eXp Realty business model is more progressive and agent-centric than any I've seen in my 15 years in this business," said James. "This is a tremendous opportunity, not just for me and for my family, but for all of the agents who have been great and loyal contributors to my success."

Among James' accomplishments:

  • 456 transactions closed in 2015;
  • Team ranked #51 among top teams (measured by transaction sides) in the United States by the Wall Street Journal Real Trends report of top REALTORS® in 2015;
  • Recognized in Forbes magazine on the Inc. 5000 fastest growing companies (across all industries) in the United States in both 2015 and 2016;
  • Number 1 REALTOR® in the gulf states region for total production individually in both 2014 and 2015.

"Increasingly, eXp Realty is the destination for top producing teams and for brokerage owners looking to increase profitability, achieve scalable growth across markets, and deliver the opportunity of ownership to their valued agents and team members," said eXp Realty CEO, Jason Gesing. "As a company, we are committed to offering a value proposition that is so strong that it would professionally irresponsible for an agent affiliate with any other brokerage."

James will be introduced to eXp Realty community members during the Company's weekly leadership meeting on Friday at 11am ET/8am PT which can be viewed on the Company's Youtube channel: youtube.com/exprealty.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. is the holding company for a number of companies most notably eXp Realty LLC, the Agent-Owned Cloud Brokerage® as a full-service real estate brokerage providing 24/7 access to collaborative tools, training, and socialization for real estate brokers and agents through its 3-D, fully-immersive, cloud office environment. eXp Realty, LLC and eXp Realty of Canada, Inc. also feature an aggressive revenue sharing program that pays agents a percentage of gross commission income earned by fellow real estate professionals who they attract into the Company.

As a publicly-traded company, eXp World Holdings, Inc. uniquely offers professionals within its ranks opportunities to earn equity awards for production and contributions to overall company growth.

For more information you can follow eXp World Holdings, Inc. on Twitter, LinkedIn, Facebook, YouTube, or visit eXpWorldHoldings.com. For eXp Realty please visit: eXpRealty.com.

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the Company's expansion, revenue growth, operating results, financial performance and net income changes. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K.

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