BELLINGHAM, WA--(Marketwired - June 02, 2016) - eXp World Holdings, Inc. (
Sanford will be participating in a panel discussion titled Disrupting Traditional Markets through Technology. Since 2009, eXp World Holdings, Inc. and subsidiaries have focused on leveraging technology to create efficiencies within the services industries and unprecedented opportunities for professional development and income for affiliated industry members. The Company's achievement in these areas is most notable within the residential real estate brokerage industry through the launch and growth of eXp Realty, the Agent-Owned Cloud Brokerage.
Mendix, based in Rotterdam, Netherlands, is a cloud-based, platform-as-service company or rapid application development platform that, through an agile project management process, allows organizations to transform ideas using visual modeling tools into owned applications that can provide enterprise solutions at a rate that is up to 6X faster than using traditional programming platforms and methods.
Since launching in 2009, eXp World Holdings, Inc. and eXp Realty have challenged the traditional brokerage model and its dependence upon physical bricks and mortar through the utilization of 3D - avatar-based environments and other cloud-based technologies, breaking down geographic barriers and developing a supporting and engaging community without the costs traditionally associated with brokerage.
Glenn Sanford, the Company's Chairman and Chief Executive Officer, stated, "We're looking forward to attending Mendix world and participating in the panel discussion. Mendix allows businesses to innovate faster and, as a company, we have succeeded in disproving the notion that physical office space is an indispensable element of a successful real estate brokerage model or a necessary ingredient to building a community of professionals in a collaborative setting. In that sense, we have been disruptive in favor of our agents and brokers and we look forward to sharing our experience and insight with Mendix World attendees."
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.
eXp World Holdings, Inc. also owns 89.4% of First Cloud Mortgage, Inc. a Delaware corporation launched in 2015 and now licensed to originate mortgages in Arizona, California, and New Mexico. First Cloud Mortgage has positioned itself as a Planet Friendly Mortgage Company via the purchase of carbon offsets for homeowners offsetting the first year of the Carbon Footprint of the typical home on each mortgage originated through First Cloud Mortgage, Inc.
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 and for First Cloud Mortgage, Inc. check out FirstCloudMortgage.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.