The 24 Countries eXp Realty Is In (Everything You Need To Know)
Today, I’m going to show you the 24 eXp Realty countries where you can join eXp Realty.
Since 2009, eXp Realty has been growing by leaps and bounds.
With its agent-centric, high-tech approach, eXp Realty has been able to shed much of what has held traditional brick-and-mortar realty companies back.
Since then, real estate professionals worldwide have been proud to call eXp Realty home.
Let’s take a look at the countries that make eXp Realty great.
What Countries Does eXp Realty Operate In?
eXp Realty has been expanding aggressively over the past few years, focusing on growth from 2019 to 2022. As of 2023, the company operates in 24 countries, with its most recent expansion occurring in December 2022 with the launch of eXp Dubai.
eXp Realty’s unique model, which includes a virtual office environment and revenue-sharing program, has attracted top talent in the industry.
The company now has a global network of over 86,000 agents.
The countries where eXp Realty currently operates are as follows:
eXp Realty Countries in North America
United States (2009)
eXp Realty began its expansion in the United States and quickly gained a strong foothold in the market. Within one year of its formation, the company had established operations in 11 states and attracted many agents to its network. By 2018, eXp Realty had successfully expanded to all 50 states, making it a nationwide presence in the United States.
Today, the company has a particularly strong presence in the United States, with over 80,000 agents operating within the country. eXp Realty’s unique model, which includes a virtual office environment and revenue sharing program, has successfully attracted top talent in the industry and helped the company establish itself as a major player in the real estate market in the United States.
The second home of eXp Realty, Canada’s real estate market is incredibly hot. The housing market in Canada has been experiencing a period of strong demand in recent years, driven partly by low-interest rates and a growing population. Prices for residential and commercial properties have risen in many areas of the country, particularly in the major cities of Toronto and Vancouver.
The market has been particularly active in these cities, with bidding wars and multiple offers becoming more common. However, there are also areas of the country where the market has cooled, with demand slowing and prices leveling off or decreasing.
The market is expected to remain active in the coming years, although there are concerns about potential changes in economic conditions and an increase in supply in certain areas.
In a country of 138 million people and beautiful, varied real estate, it only made sense to expand southward. “We carefully selected Mexico as the first Spanish-language country in our global expansion due to its vibrant history, rich culture, and strong real estate market,” said Michael Valdes, President of eXp Global.
The housing market in Mexico has been experiencing a period of growth in recent years, driven by a strong economy and an increase in foreign investment. Prices for residential and commercial properties have risen in many areas of the country, particularly in major cities and tourist destinations. The market has been particularly active in these areas, with demand sometimes outpacing supply. However, there are also areas of the country where the market has slowed, with demand leveling off and prices remaining stable.
The market is expected to continue to be active in the coming years. However, there are some concerns about potential changes in economic conditions and an increase in supply in certain areas.
“The opening of Panama is one more critical step in the expansion of eXp in the Caribbean and Latin America region (CALA),” said Valdes. Many foreign investors invest in Panama’s real estate due to its modest growth and a particularly stable market. Many agents throughout Panama expressed interest in the eXp Realty technology and culture. eXp Realty’s expansion into the dynamic market of Panama continues to grow today.
Puerto Rico (2021)
Puerto Rico provides an exciting gateway into the Caribbean for the eXp world. Not only can it be significantly improved through technologies such as Showcase IDX, but some incredible tax incentives also increase foreign investments. Consequently, the real estate market is growing quite fast in Puerto Rico. This is leading to greater levels of economic stability within the region.
Dominican Republic (2022)
The real estate market in the Dominican Republic has been experiencing steady growth in recent years, driven by increasing demand for vacation homes and a rise in foreign investment. The country’s strong economy and relatively low cost of living have made it an attractive destination for tourists and ex-pats, increasing the construction of new developments and the renovation of older properties.
The market is particularly active in the coastal areas, with a high demand for beachfront properties. Prices for residential and commercial properties have risen in recent years, although there are still opportunities for buyers in certain areas of the country. The market is expected to remain active in the coming years, although there are some concerns about potential oversupply in some areas.
With operations now open in the Dominican Republic, eXp Realty is excited to bring its innovative real estate solutions and services to one of the Caribbean’s premiere destinations.
eXp Realty, the fastest-growing global real estate brokerage, has expanded into Chile, strengthening its presence in South America, where it already has operations in Brazil and Colombia. This marks eXp Realty’s 22nd market. Chile was one of the previously announced countries identified for expansion in 2022.
eXp Realty’s brokerage operations in Chile will be led by Virginia Restrepo, who has seven years of experience in real estate sales and leadership. Restrepo said, “eXp Realty is a company built for agents whose unique value proposition, compensation model, and extensive digital resources are transforming the industry standard.”
eXp Realty Countries in Europe
The UK (2019)
Many have been enjoying a solid housing market with supported prices throughout the UK. It’s believed that UK houses will continue to grow in value within, at minimum, the next five years.
The third-largest economy in Europe, France, was the last international expansion of 2020. eXp Global has successfully built a fast-growing market share in this sought-after market.
“We are thrilled to introduce eXp to continental Europe through our expansion into Portugal. The country’s golden visa program and tax abatements to attract foreign investment are ideally positioned for success with the eXp model,” said Michael Valdes, President of eXp Global.
eXp Realty continued to see growth throughout the COVID-19 pandemic. Unlike a traditional real estate broker, the online-first brokerage was able to yield actual results and revenue growth through its digital, collaborative tools. Brokerage operations continued to expand through Europe to the culture of Italy. Boasting quite a lot of incredible real estate, the long-standing culture of Italy is a prime real estate market.
Germany became the 18th country in the expansion of eXp Realty countries. The decision to enter the German market was a combination of overall company growth. The country is the fourth-largest economy in the world, with the largest population in Western Europe. eXp World Holding will undoubtedly continue to expand with this strong economy as a further global foothold.
After the eXp brand had already launched in the UK, France, Portugal, and Italy, it seemed only natural for eXp Spain to be next on the list. Agents in Spain will be able to take advantage of the incredible infrastructure built by eXp World. At the same time, eXp Realty has been honored to participate in the country’s rich cultural traditions.
eXp Realty expanded its global reach by opening operations in Greece, bringing its innovative real estate solutions and services to a new market.
The housing market in Greece has been slowly recovering in recent years after a period of economic downturn. Demand for housing has increased, particularly in the major cities and popular tourist destinations.
Prices for residential and commercial properties have risen in many areas of the country, although they are still lower than pre-recession levels. The market has been particularly active in the island areas, where there is a high demand for vacation homes.
The market is expected to continue to be active in the coming years. However, there are concerns about potential changes in economic conditions and an increase in supply in certain areas. Overall, the housing market in Greece appears to be stabilizing and showing signs of growth.
Poland marked the fifth country eXp Realty expanded into in 2022.
The housing market in Poland is attractive for buyers, with the country boasting a low-interest rate and manageable entry costs. Despite modest increases in both rental and sales prices over the last few years, Poland’s housing market remains affordable and cost-effective for those looking to invest.
Moreover, Poland’s growing population has helped create a healthy real estate market well-supported by local banks offering competitive mortgage rates. For those looking for a sound real estate investment opportunity in Europe, Poland’s attractive housing market is worth considering!
eXp Realty Countries in South America
The 11th country of expansion, eXp Realty, is extraordinarily confident about its approach to this growing market. Michael Valdez noted, “Our expansion in Brazil marks a milestone moment in the growth of eXp, as eXp’s global footprint now extends to six continents.” Brazil has over 200 million people and a thriving real estate market. It’s also a varied real estate market, which significantly benefits from the marketing resources of eXp Realty.
Colombia has a robust housing price growth history, presenting increased revenue opportunities throughout the country. The eXp Global brokerage moved into Colombia in 2011, providing a strong, digital infrastructure to the country’s pre-existing culture of entrepreneurship. As with many other areas, eXp Global Colombia focused on enabling agents to provide state-of-the-art services in a digital space. The continued growth of virtual prospecting and digital services has helped propel the growth of the real estate market in Colombia.
eXp Realty Countries in Africa
South Africa (2020)
eXp Realty was thrilled to introduce its innovative and modern approach to the real estate market in South Africa. The company recognized that while there were already a large number of agents in the country – approximately 40,000 – many of the industry’s practices and standards were traditional and entrenched.
eXp Realty saw an opportunity to shake things up and bring a fresh perspective to the market. To that end, the company launched its operations in South Africa and began training and supporting agents in the region. The company’s unique model, which includes a virtual office environment and a revenue-sharing program, attracted approximately 8,000 agents eager to join the eXp Realty network and benefit from its cutting-edge technologies and resources.
Overall, eXp Realty’s expansion into South Africa was a welcome and exciting development in the local real estate market.
eXp Realty Countries in Asia
Hong Kong (2021)
“Hong Kong is globally recognized as a leading multicultural center of international trade and finance,” said Valdes. The prime place for eXp commercial and residential real estate, Hong Kong shows the successful enterprises in foreign markets only dream of.
Commercial real estate brokers are increasingly moving into Hong Kong as the economy grows. The valuable marketing resources, virtual events, and virtual technology eXp Realty can provide are welcomed in the high-technology community of Hong Kong.
India is a vast and populous country, with a population of nearly 1.4 billion and many real estate agents. Expanding Expert Real Estate (eXp Realty) into India represents a significant and exciting milestone for the company, as it marks its first expansion into this large and important market.
With the launch of eXp Realty in India, real estate agents in the country will now have access to the company’s state-of-the-art cloud-based technologies and services, designed to support and empower agents in their work. These technologies include a virtual office environment, a revenue-sharing program, and access to training and support resources.
The expansion into India is a historic moment for eXp Realty. It represents a significant opportunity for the company to grow and reach new audiences in this dynamic and rapidly developing market.
Israel has recently seen a surge in its real estate sector, which significantly excites eXp World and its agents. eXp’s Realtor brand has grown throughout the historical markets of Israel due to its widespread appeal.
This can also be seen in eXp World Holdings’ NASDAQ listing; eXp World Holdings stock has shown incredible growth in the last few years as the company’s financial performance has only improved.
eXp Realty has announced the expansion of its operations into Dubai, marking the company’s 24th location and the sixth market to open in 2022. eXp Realty’s agile cloud-based platform has enabled the company to continue its rapid expansion across the globe. The company is excited to bring its unique agent-centric model and attractive value proposition to Dubai’s vibrant and diverse city.
The company’s brokerage operations in Dubai will be led by Dounia Fadi, who has over 18 years of real estate broker experience in the city. “Dubai is building for the future, and eXp Realty is the future of real estate, bringing powerful and unparalleled innovation to the real estate market,” says Fadi. “I knew right away that I wanted to be the one to bring this disruptive model to Dubai, and I am thrilled to lead this expansion.”
eXp Realty Countries in Australia
The real estate market in Australia has been experiencing a period of instability in recent years. After a period of strong growth, the market has cooled in many areas, particularly in the major cities of Sydney and Melbourne.
This has partly been due to tighter lending restrictions and a decrease in foreign investment. However, the market remains active, with some areas continuing to see price increases. Pockets of the market have also experienced strong growth, particularly in regional areas where demand for housing has outstripped supply.
The market is expected to continue to be varied across the country, with some areas experiencing strong demand and others seeing a slowdown in activity.
eXp Realty is confident that its model will be well received in the Australian market and plans to grow its presence in the country over the coming years.
New Zealand (2022)
The real estate market in New Zealand has been experiencing significant growth in recent years. The demand for housing has increased, driven partly by population growth and low-interest rates.
As a result, prices for both residential and commercial properties have risen. In some areas, particularly in the major cities of Auckland and Wellington, the market has become competitive, with bidding wars and multiple offers becoming more common.
Despite the strong demand, buyers still have opportunities, particularly in less competitive areas of the country. The market is expected to continue to be active in the coming years. However, there are some concerns about potential price decreases due to increasing supply and potential changes in economic conditions.
eXp Realty’s expansion into New Zealand is expected to bring new opportunities for agents in the region and provide a valuable resource for buyers and sellers.
eXp Global Continues Its Expansion
Glenn Sanford, CEO of eXp World Holdings Inc., has a vision for eXp Realty. Sanford believes in a virtual world — a world empowered by technology and without borders or limitations.
eXp had been steadily adding countries and agents to its portfolio every year. 2022 will likely see more aggressive growth as the realty company charts out its global development.
Due to its digital, agile infrastructure, eXp is uniquely well-suited to this type of aggressive growth and expansion.
Meanwhile, international realtors can look forward to the new technologies, training, and resources that eXp Realty can provide. While also domestic Realtors can look to benefit from the technologies that are yet to come.
Frequently Asked Questions
Is eXp Realty in every state?
Since 2018, eXp Realty has operated throughout all 50 states in the United States. As of December 2022, the brokerage has expanded across 24 countries, with more coming in 2023!
Where will eXp Realty expand next?
It’s unknown where eXp Realty Global will be expanded to in 2022, but the real estate giant now has footholds across much of the globe. With a presence across six continents, the brokerage can now continue to establish itself wherever the real estate market is hottest.
Why is eXp Realty expanding so fast?
eXp Realty provides the training, support, and technological tools that empower realtors in a changing and dynamic real estate market. Through eXp Realty, agents can get what they need to succeed even in a market disrupted by online growth.
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