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Sarasota's $150M Living Vogue Real Estate Firm Joins eXp Realty

1. Living Vogue Real Estate joins eXp Realty, enhancing its luxury division. 2. The brokerage generated $150 million in sales in 2024, indicating strong performance. 3. eXp Realty offers scalability while maintaining Living Vogue's unique brand culture. 4. Living Vogue targets high-net-worth clients in the growing Sarasota luxury market. 5. eXp Realty has over 85,000 agents globally, expanding its influence.

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FAQ

Why Bullish?

The acquisition strengthens eXp's luxury segment, similar to past successful integrations that boosted agent counts and revenues.

How important is it?

Living Vogue's move significantly enhances eXp’s luxury offerings, likely leading to increased market visibility and sales.

Why Short Term?

Immediate market reaction expected as agent count and luxury offerings rise, unlike gradual impacts seen in structural events.

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EXPI
Luxury boutique brokerage moves 50 agents to the eXp Luxury division with plans to expand within eXp’s innovative model BELLINGHAM, Wash., Feb. 18, 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 announce that Living Vogue Real Estate, one of Sarasota, Florida’s most high-energy and stylish real estate firms, has joined eXp Realty. The firm generated $150 million in sales in 2024. The transition marks a major move in the region’s luxury real estate market, as Living Vogue’s leaders, Mark Coppens and Matt Hickey, will be joined by 50 agents with others expected to move in the next few weeks. Coppens and Hickey look to scale their business while maintaining the boutique culture that made their independent brokerage a standout brand. A Vision for Growth Without CompromiseFounded in 2019, Living Vogue quickly made a name for itself with a bold, modern approach to real estate marketing and a high-profile office on Sarasota’s Main Street. The firm’s rapid success, however, meant an increasing focus on brokerage operations, pulling Coppens and Hickey away from what they love – mentoring agents and selling homes. “We built something special, but the behind-the-scenes work of running a brokerage became overwhelming,” said Coppens, Chairman and Founder of Living Vogue. “With eXp Realty, we get to keep our unique brand and culture while offloading the operational burden. It’s the best of both worlds.” For eXp Realty, the addition of Living Vogue underscores the company’s ability to attract top-performing independent brokerages looking for greater scalability and support without sacrificing autonomy. “Living Vogue embodies the kind of high-performance, forward-thinking real estate company that thrives at eXp,” said Leo Pareja, CEO of eXp Realty. “We are thrilled to welcome Mark, Matt, and their talented agents, and we look forward to helping them take their brand to the next level with the power of our global network and cutting-edge technology.” Joining eXp Luxury: A Natural Next StepWith Sarasota’s luxury market continuing to grow, Living Vogue’s transition to eXp Luxury is a strategic move that enhances its ability to serve high-net-worth clients while maintaining flexibility across all price points. “We’ve always had a luxury aesthetic, but we handle everything from multimillion-dollar estates to entry-level homes,” said Coppens. “eXp Luxury provides us with even more tools to elevate our marketing and client experience.” Living Vogue will continue operating from its iconic Main Street location, which blends high-end real estate with a vibrant, showroom-style setting. 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/09080f4e-465a-4d31-9347-8756481ba9dd

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