BELLINGHAM, Wash., May 03, 2023 (GLOBE NEWSWIRE) -- eXp Realty^®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced expanded leadership for several of its Caribbean and Latin American countries, strengthening eXp's regional presence and collaboration efforts to drive growth. Victor Goytia will lead as Director in Puerto Rico, Panama and the Dominican Republic, and Virginia Restrepo will lead as Director in Chile and Colombia.

“We are thrilled to announce these leadership updates as we enhance our agent-centric growth efforts across the region with the world’s leading agent value proposition,” says Meghan Kelley, Vice President, Global Operations, eXp Realty. “The Caribbean and Latin American region has proven to be a diverse market with tremendous growth opportunities and these leadership updates strategically represent our desire to expand an already strong presence in the region. Victor and Virginia have proven leadership skills and unique skill sets that will help to drive growth in these key countries.”

Victor Goytia, Director, Puerto Rico, Panama and the Dominican Republic
Victor Goytia will lead eXp Realty’s brokerage operations in Puerto Rico, Panama and the Dominican Republic as Director. Goytia has successfully led the operations for eXp Puerto Rico for over two years, turning brand recognition into sizable growth in both agent count and revenue, and this appointment represents an expansion of his current role.

Virginia Restrepo, Director, Chile and Colombia
Virginia Restrepo will lead brokerage operations in both Chile and Colombia as Director. Restrepo joined eXp in 2022 as Director of eXp Chile with several years experience in real estate sales and management roles and has successfully activated the brand across the Chilean market in a short time. This new appointment also represents an expansion of her current role.

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 87,000 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, New Zealand, Chile, Poland and Dubai 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 https://expworldholdings.com.

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.
mediarelations@expworldholdings.com
Investor Relations Contact:
Denise Garcia
investors@expworldholdings.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffbe20de-7ac5-4b73-b1e5-aa637bb59011