eXp Realty Q1 2025 Results: What They Mean for Agents, Clients, and the Future of Real Estate

Let’s talk about eXp Realty—the company that’s not just keeping pace with a changing market, but actively shaping the future of real estate. As a Realtor with The Cobb Group, I’ve seen firsthand how eXp is doing things differently. And after reviewing the company’s Q1 2025 numbers, I’m even more confident in where we’re headed.

Yes, these are the official results from eXp World Holdings, Inc., but let me break them down through the lens of someone who lives and breathes this business.

eXp Realty by the Numbers: Solid, Smart, and Still Growing

Even with a national market that’s cooled from its frenzied pandemic pace, eXp posted $954.9 million in revenue this quarter—up 1% year-over-year. That steady climb is a sign of smart strategy, not just luck.

Adjusted EBITDA came in at $2.2 million, which shows disciplined growth and investment in tech, tools, and training.
The company ended the quarter with $115.7 million in cash, up from the previous year. That kind of financial stability means we’re here for the long game.
Operating cash flow was a strong $39.8 million.
And—this is huge—they returned $12.6 million to shareholders, including $7.6 million in dividends and $5 million in stock buybacks. That’s not just numbers on a page; that’s a company that values its people.

Global Expansion? Yep. We’re There.

eXp is everywhere, and it’s growing. In Q1 alone, the company more than doubled its international revenue compared to the same time last year. We also expanded into Perú and Türkiye, proving once again that eXp’s agent-first model translates across borders.

Glenn Sanford, Founder and CEO of eXp World Holdings, said:

“We’ve built one of the most comprehensive, tech-enabled agent value stacks in the industry. In 2025, we plan to double down with smarter tech, more training, and more ways for agents to grow wealth and freedom.”

This isn’t just buzz—it’s happening.

Innovation That Drives the Industry Forward

Leo Pareja, CEO of eXp Realty, nailed it when he said:

“We’re not just defending our industry – we’re building the future of it.”

Let’s break down what that means:

eXp launched the industry’s first open-source seller advisory form, helping consumers better understand the selling process.
We became the first to partner with Zillow to increase consumer transparency.
The new co-sponsor program gives agents even more income potential.

These aren’t surface-level perks. They’re meaningful changes that directly benefit both clients and agents—and that’s the magic of eXp.

Agent-Centric, Always

Here’s where the rubber meets the road:

eXp’s global Net Promoter Score (a key measure of agent satisfaction) rose to 78, up from 73 last year.
While total agent count is down 5% (now at 81,904), that’s a reflection of broader industry recalibration—not eXp-specific struggles.
Sales volume is up 4% to $38.6 billion, even as transaction count decreased 2%. That’s more value per deal and a sign that productivity is improving.

In other words: the agents who stay are thriving.

Why This Matters for You—Whether You're a Buyer, Seller, or Realtor®

All this growth, innovation, and investment? It means clients get smarter service, and agents get the tools to show up at their best.

And that’s where I come in.

I’m Allison Cobb, founder of The Cobb Group at eXp Realty. I chose this company because it aligns with what I believe real estate should be:
Transparent
Client-focused
Built on relationships
Designed for long-term success

If you're a Realtor® wondering whether you’re in the right place—or you’re a buyer or seller looking for an agent who has the backing of the most innovative brokerage in the business—let’s talk.

Let’s Connect

Call me directly at 843-338-7256
Visit www.thecobbgroup.com
Thinking of buying or selling real estate? Use the best in the business—backed by the most forward-thinking brokerage in the world.
Realtors®—ready to build a better career with more support and opportunity? I’d love to show you what’s possible at eXp.

The Future of Real Estate is Here—and We're Leading It.

Written by Allison Cobb

The author assumes no responsibility or liability for any errors or emissions in the content of this blog. The information provided on is an “as is” basis with no guarantee of completeness, accuracy, usefulness, or timeliness

Posted by The Cobb Group on May 8th, 2025

eXp Realty Q1 2025 Results: What They Mean for Agents, Clients, and the Future of Real Estate