eXp World Holdings

What eXp World Holdings does

AGNT, Inc. (formerly eXp World Holdings, Nasdaq: AGNT) operates a cloud-based residential and commercial real estate brokerage platform serving licensed independent-contractor agents. Founded in 2009 as eXp Realty and headquartered in Bellingham, Washington, the company today runs a multi-model platform spanning eXp Realty (cloud brokerage with ~83,060 agents across ~30 countries), NextHome (U.S. franchise model with 500+ franchisees, acquired May 2026), eXp Commercial, eXp New Homes, eXp Sports & Entertainment, plus FrameVR.io virtual events infrastructure and SUCCESS Enterprises content/media assets. The platform architecture is a thin, cloud-native layer with proprietary components including Mira (an NLP-based AI assistant for agents, launched October 2025), LYVVE (international multi-currency property search), and integrated geospatial listing via a Land id partnership and pre-market exposure via a Homes.com partnership. Revenue is generated primarily through transaction-based commissions on real estate sales (North America Realty segment posted $965.1M in Q1 2026), supplemented by recurring franchise fees from NextHome, with total 2025 revenue of $4.77B and 2026 guidance of $4.85B–$5.15B. Customers are individual agents and franchisees rather than end-buyers; the go-to-market is sales-led agent recruitment combined with community-driven retention (eXpcon events, masterminds, revenue share, equity participation).

Name

eXp World Holdings

Legal name

AGNT, Inc.

Website

https://expworldholdings.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AGNT, Inc. (formerly eXp World Holdings) operates a cloud-based and franchise multi-model real estate brokerage platform serving ~83,060 independent-agent contractors across ~30 countries, generating revenue primarily from transaction commissions on residential and commercial property sales.

Ownership category

akta.pro rank

Headquarters

HQ city

Bellingham

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure

Revenue model

1. Real Estate Transaction Commissions: Primary revenue from real estate transaction commissions earned by eXp Realty agents on property sales and purchases. Revenue split between company and agents with agents receiving majority of commission. North America Realty segment generated $965.1M in Q1 2026 revenue.
2. Franchise Fees (NextHome): Revenue from NextHome franchise operations - national real estate franchise company with over 500 franchisees across the U.S. Franchise owners pay fees for brand, technology, and support services.
3. International Brokerage Operations: Revenue from international real estate operations spanning Americas, Europe, Middle East, Asia Pacific, and South Africa. International segment grew 27% in Q1 2026 quarter.
4. Technology and Support Services: Revenue from providing technology platform, AI tools, training, and support services to agents. Integrated into commission structure.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

eXp World Holdings, operating as AGNT, Inc., is a multi-model real estate platform whose core offering is a cloud-based real estate brokerage (eXp Realty) that enables licensed independent contractor agents to conduct residential and commercial property transactions remotely across approximately 30 countries. The platform is supplemented by a national franchise brand (NextHome), specialized divisions (eXp Commercial, eXp New Homes, eXp Sports & Entertainment), AI assistant tools (Mira), an international property search platform (LYVVE), and a virtual events platform (FrameVR.io). Revenue is generated primarily through commissions on real estate transactions closed by agents on the platform.

Product overview

AGNT, Inc. (formerly eXp World Holdings, Nasdaq: AGNT) is a transformative multi-model real estate platform that powers agents, franchises, and entrepreneurs across the globe. The platform architecture consists of the core eXp Realty cloud-based brokerage as the primary product, supplemented by specialized divisions including eXp Commercial (commercial real estate), eXp New Homes (new construction), eXp Sports & Entertainment (high-profile client services), and Mira AI assistant. The portfolio includes acquired and subsidiary brands — NextHome (national franchise model, acquired May 2026), FrameVR.io (virtual events), and SUCCESS Enterprises (media/content) — unified under the AGNT holding company structure. LYVVE serves as the international property search platform spanning nearly 30 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• eXp Realty Cloud-based residential real estate brokerage platform serving as the core operating subsidiary; provides licensed independent contractor agents with virtual model, revenue share, equity ownership opportunities, AI tools (Mira), and access to global markets across the Americas, Europe, Middle East, Asia Pacific, and South Africa.
• eXp Commercial

Quantifiable outcome

• $194 billion in sales volume (2025, up 5%)
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Homes.com (CoStar Group)coreStrategic or Co-development Partner · 31 December 2025First national brokerage partnership with Homes.com (CoStar) enabling eXp Realty agents to participate in pre-market listing display program. Listing agents can opt in to show properties to buyers before official market launch, helping generate buyer interest ahead of full marketing campaign.
• Land idcoreTechnology or Integration · 18 December 2025Strategic partnership providing eXp agents with advanced geospatial data and mapping intelligence tools through Land & Ranch Division. Agents receive Pro-level subscription with parcel boundaries, ownership histories, environmental data, water access, topography, and tax information. Initially focused on specialized investments such as farms, ranches, vineyards, and luxury land properties.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Compass: Compass (NYSE: COMP) is a cloud-based real estate brokerage competing head-to-head with eXp Realty for agent recruitment and transaction volume. Both operate tech-forward, agent-centric models with national footprints and equity/commission incentives.
• Redfin: Redfin (NASDAQ: RDFN) is a tech-enabled residential brokerage with salaried plus bonus agent compensation and proprietary technology. Overlaps with AGNT in cloud-based brokerage positioning and consumer-facing home search technology.
• RE/MAX: RE/MAX (NYSE: RMAX) operates a global franchise-based real estate network with hundreds of thousands of agents. Directly comparable as a franchise model that AGNT now competes with through the NextHome acquisition, and historically an agent-recruitment competitor to eXp.

Broad incumbents

• Anywhere Real Estate: Anywhere Real Estate (NYSE: HOUS, formerly Realogy) owns Coldwell Banker, Century 21, Sotheby's International Realty, ERA, Better Homes and Gardens, and Corcoran. A broad incumbent with portfolio of residential franchise brands and a large agent network competing with both eXp and NextHome segments.
• Keller Williams Realty: Keller Williams is the largest real estate franchise by agent count in the U.S. and a direct competitor for agent recruitment. Operates a similar agent-centric, profit-sharing model with massive scale and brand recognition.
• Berkshire Hathaway HomeServices: Berkshire Hathaway HomeServices is a national real estate franchise network leveraging the Berkshire Hathaway brand. Competes with eXp and NextHome for high-producing agents and premium market positioning.
• Coldwell Banker: Coldwell Banker is an Anywhere-owned legacy residential brokerage brand with a large global franchise network. Competes for the same agent and franchise owner pool as eXp Realty and NextHome.
• HomeServices of America: HomeServices of America is a Berkshire Hathaway-owned residential brokerage holding company with national scale. Competes for agent recruitment and transaction volume against eXp's cloud brokerage.

Others

• Zillow Group: Zillow Group (NASDAQ: ZG) operates a leading real estate marketplace and previously operated iBuying. Adjacent rather than directly competing; comparable as a technology-enabled real estate platform where Zillow is the consumer-facing counterpart to eXp's agent-facing platform.
• CoStar Group: CoStar Group (NASDAQ: CSGP) owns Homes.com, LoopNet, and Apartments.com. Strategic partner to AGNT via the Homes.com pre-market listings integration while also being a broad competitor in residential property data and lead generation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/expworldholdings
• Xx.com/expworldir

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about eXp World Holdings