eXp World Holdings, Inc. announced plans to launch its real estate operations in Colombia, Spain and Israel before the end of June 2021. With these new markets, the company will have a presence in 16 countries and plans to hire experienced leaders in each to lead local teams.
“As we look ahead to the second quarter of 2021, we are solidifying our footprint in the EMEA (Europe, Middle East and Africa) and CALA (Caribbean and Latin America) regions,” said Michael Valdes, President of eXp Global. “With the addition of Spain, we are continuing to expand our presence in Europe, with a strongly established eXp brand already launched in the UK, France, Portugal and Italy. Colombia is one of the fastest-growing economies in Latin America and we see incredible opportunities there. We are also excited about launching Israel, a country that has seen a recent surge in the real estate sector. We are thrilled to see the growth of our brand in these vibrant and historic markets, and we believe that our universally attractive model will continue to change communities around the world.”
In 2020, the company focused on gaining global market share and grew its agents base by more than 60%, to 48,000 agents worldwide.