Shares
of eXp World Holdings (OTCQB: EXPI) climbed 12% in Friday’s mid-day trade after
the company announced the addition of Miguel Herrera, the top-rated
international luxury agent in South Texas, as the newest member of its eXp
Realty, LLC real estate brokerage division in San Antonio, Texas. The company’s
stock may also be moving on momentum from yesterday’s news that it has grown
its family of agents and brokers to more than 1,900 across 41 markets in North
America, up from 864 agents at the start of the year.
With
nearly 30 years of previous business experience behind him, Herrera launched
his real estate career in 2010 and quickly became a recognized leader within
and among the luxury agent community.
In
2015 Herrera achieved production of more than $15 million, followed by more
than $24 million in 2016. He was aptly named the #1 International Luxury Agent
in San Antonio, Hill Country and South Texas by Luxury League, and has been a
member of the Platinum Top 50 San Antonio group of agents from 2012-2016.
Herrera
was first introduced at a press availability last week when eXp Realty – the
Agent-Owned Cloud Brokerage® – held its third annual conference in San Antonio.
“The
eXp Realty business model is the strongest in the industry,” Herrera stated in
today’s news release. “I am excited about the opportunity for true ownership,
not just for me, but for my loyal and talented team members, and I am excited
to teach and coach eXp agents from all markets who aspire to work in luxury on
the eXpWorld campus. This is the future of real estate and I want to be a part
of it.”
eXp
Realty CEO Jason Gesing welcomed Herrera to the team and commented that his
“desire to share what he knows is perfectly aligned with our ownership culture
and we look forward to his leadership and contributions for many years to
come.”
For
more information, visit the company’s website at www.eXpWorldHoldings.com
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Sign up for “The Mission Report” at www.MissionIR.com
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