SOURCE: eXp Realty International Corporation

eXp Realty International Corporation

August 05, 2015 10:00 ET

eXp Realty Appoints T3 Sixty to Consult on Best Practices and Strategy Amidst Rapid Growth

BELLINGHAM, WA--(Marketwired - August 05, 2015) - eXp Realty International Corporation (OTCQB: EXPI) today announced that it has formally engaged T3 Sixty, the real estate industry's foremost analysts and consultants, to advise the company on best practices and strategy as the company manages and develops the infrastructure to accommodate and sustain its rapid growth.

T3 Sixty is part of the Swanepoel T3 Group and is headed up by Stefan Swanepoel, widely regarded as the foremost authority on trends within the real estate industry. In addition to providing consulting services, the T3 Group also produces many of the real estate industry's most authoritative publications and reports including the Swanepoel TRENDS Report, the Swanepoel Power 200, the T3 Tech Guide, the T3 Risk Guide and The Real Estate Confronts series. Mr. Swanepoel has authored and/or co-authored more than 30 books and reports analyzing the strategies, shifts and changes impacting the residential real estate brokerage business. His books have been featured on over 18 bestseller lists including the New York Times, Wall Street Journal, USA Today, Huffington Post, CEO Read and Amazon.com. Mr. Swanepoel has given over 1,000 talks to more than one million people, serves as Editor-in-Chief of the SP200 (ranking of the most powerful people in real estate) and is also the Host of the T3 Summit (the leading real estate leadership summit). He has served as CEO of nine companies and two non-profit organizations.

"In our 2011 TRENDS Report, we identified eXp Realty as a company to watch as its cloud-based approach in creating a virtual real estate company is uniquely different than any other real estate company. Two years later in the 2013 edition of our annual Trends Report we identified eXp as very viable alternative for brokerage companies besieged with rising expenses," Swanepoel said.

In May of this year, the National Association of REALTORSⓇ, the largest trade association in the United States, took an unprecedented step in commissioning an industry introspection and subsequently publishing an extensive 160 page report listing 50 risks and threats that could impact real estate professionals. This controversial study titled the D.A.N.G.E.R. Report (Definitive Analysis of Negative Game Changers Emerging in Real Estate) was also researched and authored by the Swanepoel T3 Group.

Two different threats identified in this Report -- B6 (Brokers Simply go Broke) and B7 (Technology Becomes a Runaway Train) underscore the importance of retooling the existing real estate transaction and process and to find new, more cost effective and more consumer centric ways to serve the home buying and selling consumer.

"A cloud-based real estate company is exactly what the progressive real estate professional of today needs and wants," said eXp Realty Chairman and CEO, Glenn Sanford. "We're very excited to be able to announce further empower our family of agent-owners and shareholders with knowledge and information inline with the rapidly changing real estate industry."

About eXp Realty International Corporation

eXp Realty International Corporation 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. This effectively reduces agents' overhead, increases their profits, and provides greater service value to consumers.

As a publicly-traded company, eXp Realty International Corporation uniquely offers agents and brokers the opportunity to earn equity awards for production and contributions to overall company growth. 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.

From its inception, eXp Realty has been engaged in the marketing and sale of residential real estate with the goal of being the first truly cloud-based, full-service, global real estate brokerage company, delivering around-the-clock access to collaborative tools and professional development for managing real estate brokers and agents. The business model was created to increase brokers' and agents' listings and sales, while reducing their overhead and capital requirements. eXp Realty can now be found in approximately 31 states and parts of Canada. For more information, visit: www.exprealty.com or investors.exprealty.com.

You can also follow eXp Realty International on Twitter, LinkedIn, Facebook, and YouTube channel.

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.

Contact Information

  • Investor Relations Contact Information:
    Glenn Sanford
    Chairman & CEO
    eXp Realty International Corporation
    360.389.2426
    glenn@exprealty.com

    Trade and Media Contact Information:
    Jason Gesing
    President
    eXp Realty International Corporation
    617.970.8518
    jason@exprealty.com