EXPI eXp World Holdings

eXp World Holdings Completes Acquisition of Zoocasa Realty Inc.

eXp World Holdings Completes Acquisition of Zoocasa Realty Inc.

BELLINGHAM, Wash., July 14, 2022 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced it has completed its acquisition of Zoocasa Realty Inc. and its key property, Zoocasa.com. The deal will expand eXp Realty’s online lead generation, home search and listings portal capabilities for its agents and brokers as well as for home buying and selling consumers across North America.

Toronto-based Zoocasa is an award-winning consumer real estate search portal and brokerage. It offers an all-in-one intelligent, scalable listings platform that provides a seamless home search experience, deep market insights and a connection to local real estate experts.

“We’re thrilled to officially welcome Zoocasa to eXp Realty,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “This acquisition will provide an immediate and exponential boost to our Canadian agents, as well as to our broader community of agents and real estate customers throughout North America as we look to expand Zoocasa offerings and technology-based solutions.”

Zoocasa was previously owned by its CEO Lauren Haw and a group of investors, who purchased Zoocasa.com from Rogers Communications in 2015. Today, the platform has close to 12 million annual visits and 150 in-house real estate agents.

For more information about eXp World Holdings and its subsidiaries, go to .

For more information about Zoocasa Realty Inc., please go to .

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the fastest-growing real estate company in the world with more than 83,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece and New Zealand and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit .

About Zoocasa Realty Inc.

Zoocasa is an award-winning brokerage that uses data and technology to deliver an intelligent, end-to-end real estate experience.

Zoocasa’s insights and suite of digital tools, combined with the market expertise of its in-house agents and brokerage team, allows Zoocasa to set a new standard for full-service real estate in Canada. A 3-time winner of both the Financial Times Fastest Growing Companies in the Americas and the Top Growing Companies in Canada by the Globe and Mail, Zoocasa continues to innovate on the home buying, selling and search experience online.

Safe Harbor Statement

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 continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; demand for remote working and distance learning solutions and virtual events; development of our commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:

eXp World Holdings, Inc.

Investor Relations Contact:

MZ Group – MZ North America

Zoocasa Realty Inc. - Media Relations Contact:

A photo accompanying this announcement is available at: 



EN
14/07/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on eXp World Holdings

 PRESS RELEASE

eXp World Holdings Revolutionizes Real Estate Radio With "KGCI Real Es...

eXp World Holdings Revolutionizes Real Estate Radio With "KGCI Real Estate on Air" Partnership Groundbreaking station designed to empower, inspire and elevate agents BELLINGHAM, Wash., Feb. 29, 2024 (GLOBE NEWSWIRE) --  eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced a partnership with “KGCI Real Estate on Air,” an online streaming radio channel. This innovative platform has been created to empower, inspire and foster professional growth for all real estate agents through a dynamic mix of educational, insigh...

 PRESS RELEASE

eXp World Holdings Reports Q4 and Full-Year 2023 Results

eXp World Holdings Reports Q4 and Full-Year 2023 Results BELLINGHAM, Wash., Feb. 22, 2024 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), or the “Company”, the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced financial results for the fourth quarter and fiscal year ended Dec. 31, 2023. Fourth Quarter and Full-Year 2023 Consolidated Financial Highlights as Compared to the Same Year-Ago Period: Full-year revenue decreased (7)% to $4.3 billion in 2023 with revenue of $983 million in the fourth quarter of 2023.Full-year gross profit decreased (...

 PRESS RELEASE

eXp World Holdings to Announce Full-Year and Fourth Quarter 2023 Resul...

eXp World Holdings to Announce Full-Year and Fourth Quarter 2023 Results on February 22, 2024 Management to discuss full-year and fourth quarter 2023 results and host investor Q&A at virtual event BELLINGHAM, Wash., Feb. 02, 2024 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced it expects to report its full-year and fourth quarter 2023 financial results on Thursday, February 22, 2024. The Company will hold a virtual fireside chat and investor Q&A on Thursday, February 22, 2024 at 2 p.m. P...

 PRESS RELEASE

eXp Realty Named to Glassdoor’s Best Places to Work for Seventh Consec...

eXp Realty Named to Glassdoor’s Best Places to Work for Seventh Consecutive Year eXp Ranked No. 22 of 100 U.S. Large Companies BELLINGHAM, Wash., Jan. 10, 2024 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced that eXp Realty has made Glassdoor’s Best Places to Work list for the seventh straight year in the U.S., ranking No. 22 out of 100 in the U.S. Large Company list. “Our unwavering commitment to enhancing eXp’s agent-centric value proposition has attracted the finest professi...

 PRESS RELEASE

eXp World Holdings Named to 2023 Deloitte Technology Fast 500™

eXp World Holdings Named to 2023 Deloitte Technology Fast 500™ Company Ranked 350th Fastest-Growing in North America BELLINGHAM, Wash., Nov. 20, 2023 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced it ranked No. 350 on the ™, citing its 369% revenue growth over last year. Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies — both public and private — in Nor...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch