Description of Exp World Holdings Inc's Business Segments
The Company operates through three reportable segments: North American Realty, International Realty, and Other Affiliated Services. North American Realty encompasses residential and commercial brokerage, lead generation, and related support services in the U.S. and Canada. Beginning in the first quarter of 2025, it will also include FrameVR.io, a proprietary 3D immersive technology platform for agent collaboration, training, and community engagement. International Realty comprises brokerage operations and support services across 27 countries in the Americas, Europe, the Middle East, Asia-Pacific, and South Africa. Both North American Realty and International Realty primarily generate revenue from commissions on residential real estate transactions using a cloud-based brokerage model. Other Affiliated Services includes SUCCESS® magazine and related media properties that provide training and professional development resources; prior to the first quarter of 2025, it also included FrameVR.io. The Virbela business was wound down in 2024, with its operations classified as discontinued. North American Realty and International Realty function as licensed brokers, processing residential and commercial real estate transactions, paying commissions to agents and brokers, and offering a cloud-based brokerage model featuring low entry fees, stock ownership opportunities, and a revenue-sharing plan. Other Affiliated Services supports agents, brokers, staff, and customers with training and professional development tools. In 2025, North American Realty accounted for 96.9% of total consolidated revenues, International Realty for 3.1%, and Other Affiliated Services includes SUCCESS® media properties supporting affiliated services and professional development.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.