StockNews.AI
EXPI
StockNews.AI
210 days

Miami's Abel Gilbert and ONEPATH Realty Join eXp Realty

1. Abel Gilbert joins eXp Realty, expanding its agent network significantly. 2. ONEPATH Realty boasts $1.77 billion in sales since 2018, enhancing eXp's market presence. 3. Gilbert's leadership promises growth through eXp's innovative tools and support. 4. In 2024, ONEPATH closed $187.2 million in sales, reflecting strong performance. 5. Gilbert's experience positions eXp Realty for further industry influence and success.

6m saved
Insight
Article

FAQ

Why Bullish?

The addition of a prominent brokerage like ONEPATH enhances eXp's market reach, potentially increasing sales and agent retention, similar to prior beneficial mergers or expansions in the sector.

How important is it?

The article highlights a key strategic move by eXp Realty that could enhance its competitive edge significantly and potentially impact overall revenue.

Why Long Term?

eXp’s advantages from this addition may take time to fully manifest but should bolster growth over time, as seen with previous successful integrations.

Related Companies

EXPI
BELLINGHAM, Wash., Jan. 21, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), is proud to welcome Abel Gilbert, leader of the ONEPATH Realty independent brokerage to its global network.  With 102 agents, 8 staff members, and a staggering $1.77 billion in closed sales across 3,131 units since 2018, Gilbert’s team is redefining success in Miami real estate. In 2024 alone, ONEPATH Realty closed $187.2 million in sales on 312 units. A Dynamic Move with Global ImpactBased in Miami, ONEPATH Realty has built an unmatched reputation for delivering exceptional residential real estate results. Gilbert’s move to eXp Realty promises to accelerate this already impressive trajectory by leveraging eXp’s innovative tools, collaborative culture, and unparalleled support. “This is an exciting new chapter for us,” said Gilbert. “I’ve always been passionate about providing my agents with the tools and opportunities they need to thrive. eXp offers unmatched resources that empower agents to build not just successful careers, but lasting legacies. Their innovative tools, support, legal protection, and highly efficient staff make it an easy choice for any broker-owner or team leader.” A Leader’s Legacy and VisionGilbert’s influence extends beyond his impressive brokerage. As a Zillow Agent Advisory Board member (2021-2025), past President of NAHREP South Florida (2021-2022), and Residential Governor for the Miami Association of Realtors (2022-2024), Gilbert has consistently been at the forefront of industry innovation and advocacy. “We are incredibly excited to welcome Abel Gilbert and ONEPATH Realty to eXp,” said Leo Pareja, CEO of eXp Realty. “Abel leads his team with an entrepreneurial spirit and dedication to excellence, qualities that align perfectly with eXp Realty’s values. His decision highlights the power of our platform to inspire leaders, foster collaboration, and support extraordinary growth for ONEPATH Realty.” “Joining eXp is a no-brainer, and I’m excited for what it means for all of us at ONEPATH Realty,” Gilbert said. “We’re ready to take full advantage of this incredible opportunity to grow and thrive together.” About eXp World Holdings, Inc.eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises. eXp Realty is the largest independent real estate company in the world with more than 85,000 agents in the United States, Canada, the United Kingdom, Australia, France, India, Mexico, Portugal, South Africa, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, the Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including an innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by FrameVR.io technology, offering immersive 3D platforms that are deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication. For more information, visit https://expworldholdings.com.  Media Relations Contact:eXp World Holdings, Inc.mediarelations@expworldholdings.com Investor Relations Contact:Denise Garcia, Managing PartnerHayflower Partnersinvestors@expworldholdings.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cad4ebbd-42e8-42ae-9fcd-e6173efce3e7 Miami’s Abel Gilbert and ONEPATH Realty Join eXp Realty With 102 agents, $1.77 billion in sales, and a commitment to excellence, eXp’s platform offers new o...

Related News