eXp World Holding, Inc.’s (EXPI) Cloud-based Office Environment Sharpens Competitive Edge
eXp World Holdings, Inc. (OTCQB: EXPI) is a prime example of how technology is playing an increasingly vital role in the competitive real estate industry. eXp Realty, the company’s real estate division, is a fully agent-owned cloud brokerage using technology to maintain a competitive charge. At the beginning of 2016, 43% of real estate agencies said they expected competition from non-traditional firms, and a survey by the National Association of Realtors (NAR) (http://nnw.fm/j29lB) found that 46% of agencies believe the competition from virtual firms is increasing, compared to 17% of agencies expecting competition from brick and mortar firms. Leveraging the…