Tag Archive for Leo Pareja

Hot Business News Today

The Impact Group Joins eXp Realty Following $305M in Sales

by  •  • 0 Comments

With over $305 million in sales in 2024 and the #1 team ranking in the Denver Metro Association of Realtors two years running, The Impact Group brings its powerhouse production and collaborative leadership to eXp Realty.
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 that The Impact Group, one of Colorado’s most decorated real estate teams, has joined its growing global network.
Based in Denver, Colorado, the 31-agent, four-support-staff team closed $305 million in sales across 429 units in 2024, earning the top spot in the Denver Metro Association of Realtors rankings for two consecutive years.

“We’re thrilled to welcome The Impact Group to eXp Realty. Their track record of success in Denver and their commitment to innovation and collaboration make them an incredible addition to our community of top producers. Together, we’ll continue to push the boundaries of what’s possible for agents and their clients.”
— Leo Pareja, CEO of eXp Realty
The Impact Group first began conversations about eXp in 2018, but started seriously exploring the move about a year and a half ago.
“It wasn’t about leaving something broken, it was about being curious. The market was

Read more...

Hot Business News Today

eXp World Holdings Reports Q2 2025 Results

by  •  • 0 Comments

eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises, announced financial results for the second quarter ended June 30, 2025.

“eXp was built by agents, for agents and that foundation continues to fuel our momentum,”

said Leo Pareja, CEO of eXp Realty.

“Our continued investments in the agent value stack and ongoing programs like the co-sponsor initiative are resonating with the best agents and teams in the industry. By putting innovation and agent opportunity at the core of everything we do, we’re not only attracting the most productive agents in the industry, we’re shaping a more transparent, competitive, and agent-empowered future for real estate.”

Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings added:

“eXp continues to demonstrate remarkable resilience in a dynamic real estate environment, underpinned by our agent-first model and commitment to innovation.”

Second Quarter 2025 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

Revenue increased 1% to $1.3 billion.
Net loss of $(2.3) million and net loss per diluted share of $(0.01).
Total operating expenses increased to $1.31 billion from $1.28 billion. Excluding commissions and other agent-related costs, adjusted operating costs were $95.0 million, a 20% increase compared to the second quarter of 2024. This

Read more...

Hot Business News Today

eXp World Holdings Reports $954.9M in Q1 2025 Revenue

by  •  • 0 Comments

eXp World Holdings (Nasdaq: EXPI), the parent company of  eXp Realty, announced financial results for the first quarter ended March 31, 2025.

“We’re entering 2025 from a position of strength. eXp has built one of the most comprehensive, tech-enabled agent value stack in the industry – one that’s driving record International agent productivity and empowering entrepreneurs at scale,”

said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings.

“This quarter alone, we more than doubled our international revenue year-over-year and expanded our footprint into Perú and Türkiye, further proving that our agent-first model transcends borders. Agent success has always been the foundation of eXp’s strategy – and in 2025, we plan to double down with enhanced tech, smarter training, and even more pathways to help agents close more deals, build generational wealth, and create the freedom they deserve.”

First Quarter 2025 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

Revenue increased 1% to $954.9 million.
Net loss of $(11.0) million and loss per diluted share of $(0.07).
Adjusted EBITDA (a non-GAAP financial measure) of $2.2 million.
As of March 31, 2025, cash and cash equivalents totaled $115.7 million, compared to $109.2 million as of March 31, 2024.
Net cash provided by operating activities of $39.8 million
Adjusted

Read more...

Hot Business News Today

eXp Realty Appoints Leo Pareja As CEO

by  •  • 0 Comments

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 the appointment of Leo Pareja as its new Chief Executive Officer (CEO), effective immediately. He succeeds Glenn Sanford, who will now fully dedicate his efforts to his position as Founder, Chairman, and CEO of eXp World Holdings.
In his previous role as Chief Strategy Officer, Pareja was instrumental in solidifying eXp Realty’s standing in the competitive real estate marketplace. His visionary leadership and remarkable track record has greatly enriched the company’s value proposition to its agents. For example the successful launches of strategic initiatives like eXp Exclusives, Revenos and significant enhancements toeXp Solutions.

“Leo’s innovative and recognized industry leadership has elevated our agent-value proposition by reshaping referrals and lead-generation,”

said Sanford.

“His deep industry experience and influence on our community have been profound, and I trust that under his direction, eXp Realty will further fortify its competitive advantage and deliver unparalleled value to our agents, further cementing our position as a ground-breaking leader in the real estate industry.”

The announcement comes as eXp Realty is recognized in the top spot in five categories on the coveted RealTrends 500 report: Transaction

Read more...