eXp World Holdings Inc

eXp World Holdings, Inc. (EXPI) operates a cloud-based real estate brokerage that uses a virtual campus and revenue-sharing model to attract and retain agents. The company generates revenue from agent commissions, subscription fees, transaction fees and ancillary services, while avoiding heavy brick-and-mortar costs. With a market capitalisation around $1.72 billion, eXp is positioned for scalable top-line growth if agent recruitment and transaction volumes hold up. Investors should note the business is cyclical and sensitive to housing market trends, interest rates and regulatory changes. Profitability has varied as the company reinvests in growth and international expansion, and the share price has historically shown high volatility. This summary is educational only and not personalised investment advice — prospective investors should consider their own goals, risk tolerance and consult a qualified adviser before acting.