🚨BREAKING: Today, eXp Realty announced the acquisition of NextHome, a national franchise with 500+ franchisees and five consecutive years ranked No. 1 for franchise owner satisfaction.
The stock ticker for eXp (EXPI) is changing to AGNT, effective tomorrow morning (May 8th), a power move that reflects the merged company’s thesis.
According to the official press release, the acquisition transforms eXp’s infrastructure into a multi-model platform capable of supporting diverse business models and brands under one global umbrella.
In plain terms: real estate professionals will now be able to choose between eXp Realty’s cloud-based brokerage model and NextHome’s franchise model, all within the same ecosystem.
NextHome brings more than just a new model to the table. Here’s what it adds to the eXp ecosystem:
500+ franchisees across the U.S.
Five consecutive years ranked No. 1 for franchise owner satisfaction by Franchise Business Review
A people-first “Humans Over Houses” culture
A leadership team that remains in place to continue driving NextHome’s growthThis is not an absorption.
NextHome’s identity and its leadership remain intact.
The combined entity now offers two distinct paths under one global infrastructure.
eXp Realty continues to operate as a cloud-based brokerage with commission splits, revenue share, and equity ownership.
NextHome franchise owners gain access to eXp’s global referral network, inventory, and professional services.
And the whole thing runs across a network that spans the Americas, Europe, the Middle East, Asia Pacific, and South Africa.
AGENTS....GO WHERE THE PROS GO TO GROW!!! I closed my own Brokerage 6 years ago and that was the best decision I made for my Team. I now have 127 Agents in 22 States, and earning EXPI Stock along the way.
Want more information, call me or text me: Mike Brown Broker 760.822.8734
