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Virtual reality brokerage EXp Realty doubles its agent count
CRETech
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1 minute read
EXp Realty, the cloud-based virtual reality office where brokers walk around and make deals with avatars, has doubled in size to 12,000 agents.
The news comes after the company entered the NASDAQ exchange in May, trading at an astounding
$1 billion. The huge entry meant it was trading higher than national franchise brokerage Re/Max, which at that point had a market cap of $944 million.
Glenn Sanford, who founded the company in 2009, said the brokerage had experienced 85 percent growth since the start of 2018, according to Inman.
