SOURCE: eXp Realty International Corporation

eXp Realty International Corporation

February 12, 2016 09:30 ET

eXp Realty Launches in Wyoming

BELLINGHAM, WA--(Marketwired - February 12, 2016) -  eXp Realty International Corporation (OTCQB: EXPI) today announced that it has commenced real estate brokerage operations in the State of Wyoming.

"The opportunities available to real estate professionals in Wyoming are enhanced significantly with this launch," said Lonna Lamphere, the Company's managing broker in the state. "eXp Realty recognizes that the agents are the foundation of any real estate brokerage. At eXp, the agents are the owners of the brokerage, earning public company stock and revenue sharing and, most importantly, they have a voice and an opportunity to directly shape the company. Forward-thinking professionals throughout the state are going to be excited about this."

Lamphere previously served as an Associate Broker with RE/MAX and has more than 12 years of leadership experience within the real estate industry.

"Each entrepreneurial agent who joins us in Wyoming will bring a unique background and new ideas to our community of shareholders as we continue to build a brokerage that recognizes the rapid pace of change affecting the industry and the enduring value of the agent," said eXp Realty President, Jason Gesing.

Contact information for Lonna Lamphere: lonna.lamphere@exprealty.com or 307-214-6534.

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 whom 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
    glenn@exprealty.com
    360-389-2426

    Trade and Media Contact Information:
    Jason Gesing
    President
    eXp Realty International Corporation
    jason@exprealty.com
    617-970-8518