EXp World Holdings acquires leading real estate search technology company Showcase IDX

Cloud-based brokerage eXp Realty continues to show impressive growth; it recently surpassed 32,000 agents in its four-country footprint. The stock price recently surged on record second quarter earnings, pushing the company’s market cap above $2 billion. It is now among the nation’s most valuable real estate companies; by comparison, other publicly held real estate companies had the following market caps in mid-August: Realogy $1.2 billion. Re/MAX $0.7 billion and Redfin $4.3 billion.