eXp World Acquires NextHome and Renames to AGNT
eXp World Holdings has acquired NextHome, a national real estate franchise. The company said, "This acquisition transforms eXp's world-class infrastructure into a versatile, multi-model platform capable of supporting diverse business models and brands under one global umbrella." In conjunction with this acquisition, eXp World Holdings, Inc. will officially begin trading under the new ticker symbol "AGNT" on the Nasdaq Global Market effective at the market open on May 8, 2026. The company said, "With the addition of a franchise model alongside its cloud-based brokerage, eXp World Holdings is architecting a leading multi-model ecosystem designed to propel the industry's most ambitious entrepreneurs. NextHome brings a proven, scalable franchise model into the eXp ecosystem with 500+ franchisees across the U.S. and five consecutive years ranked No. 1 for franchise owner satisfaction by Franchise Business Review. NextHome is led by one of the most respected, well-known, and outspoken leadership teams in residential real estate, who will continue to drive NextHome's growth within the new eXp platform. Together, AGNT now offers every entrepreneurial real estate professional a seat at the table, on their own terms...Today, AGNT becomes a multi-model leader where the industry's most dedicated entrepreneurs come to grow, lead, and stay. Whether you are an independent agent driven by eXp Realty's cloud-powered scale, featuring aggressive commission splits, revenue share, and true equity ownership, or a franchise owner drawn to NextHome's human-first culture, you are no longer just choosing a brand; you are choosing a global operating system designed for the modern entrepreneur. Two models. Maximum optionality. By bridging industry-leading technology with a massive global referral network and shared professional services, we've built a borderless ecosystem that empowers every level of real estate professional to build a legacy."
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- Acquisition Announcement: EXp World (EXPI) announced on Thursday the acquisition of NextHome, a national real estate franchise, marking a significant step in the company's expansion within the real estate market, which is expected to enhance its market share and brand influence.
- Market Integration: Through this acquisition, EXp World can integrate NextHome's resources and network, improving its operational coverage across the nation, thereby better meeting client needs and increasing service efficiency.
- Strategic Implications: This acquisition not only helps EXp World to scale its operations but also has the potential to attract more real estate agents by enhancing its product and service offerings, further driving revenue growth.
- Future Outlook: EXp World plans to leverage NextHome's brand and market presence to drive innovation and development in the real estate sector, which is expected to provide the company with a long-term competitive advantage.
- Acquisition Strategy: eXp World Holdings, Inc. announced the acquisition of NextHome, Inc., integrating NextHome's franchising expertise into the eXp ecosystem, which offers real estate professionals a choice between franchise ownership and cloud-based models, thereby enhancing the company's competitive position in the market.
- Ticker Change: Starting May 8, 2026, eXp's shares will trade under the new ticker symbol 'AGNT' on Nasdaq, a change that not only reflects the company's strategic evolution but also emphasizes its ongoing commitment to empowering independent agents and brokers.
- Multi-Model Platform Development: By combining NextHome's franchise model with its cloud brokerage, eXp is architecting a global platform that supports diverse business models, aimed at providing ambitious entrepreneurs in the industry with maximum optionality and driving business growth.
- Leadership Team Advantage: The leadership team at NextHome, known for its reputation and influence in residential real estate, will continue to drive NextHome's growth within the new eXp platform, further solidifying eXp's leadership position in the market.
- Executive Onboarding: Mario J Alvarez Jr joins eXp Commercial, bringing over 20 years of commercial real estate experience and a career gross transaction volume exceeding $1 billion, marking a significant milestone in the firm's talent acquisition strategy.
- Market Leadership: Previously at Marcus & Millichap, Alvarez oversaw 50 agents and managed a portfolio worth over $5 billion, showcasing his substantial influence in the commercial real estate sector.
- Strategic Decision: Alvarez stated that joining eXp Commercial was driven by the platform's advanced tools and innovative technology, which enhance client service quality and create sustainable wealth opportunities.
- Cultural Fit: eXp Commercial CEO Leo Pareja emphasized that Alvarez's addition will accelerate team success and further strengthen the company's influence in the Southern California market.
- Strategic Merger: Sharif Hatab's move to eXp Realty merges his Team Sharif Sells brand with Peter Boutros' Stunning NJ Homes, forming the Unify Real Estate Team, which boasts over $120 million in sales volume and 309 transactions, aimed at achieving long-term scalability and future expansion.
- Forward-Thinking Leadership: eXp Realty CEO Leo Pareja highlights that the decision by Hatab and Boutros reflects the rapid evolution of the real estate industry, emphasizing the importance of strategic mergers to enhance market competitiveness, indicating that industry leaders are proactively shaping the future.
- Platform-Based Operations: The Unify Real Estate Team will utilize a unified CRM, lead funnel, and playbook, significantly improving operational consistency and response speed while providing better training and development opportunities for agents, driving sales growth and recruitment.
- Expansion Potential: Hatab noted that aligning with eXp Realty was essential for better collaboration and expansion opportunities, and the merger will leverage eXp's ecosystem and resources to create a larger-scale business model to meet future market challenges.
- Earnings Announcement: eXp World Holdings is set to report its Q1 2026 financial results on May 11, 2026, which will provide insights into the company's performance in the global real estate market and may influence investor confidence.
- Virtual Investor Q&A: The company will host a virtual investor Q&A session on the same day, led by Founder and CEO Glenn Sanford, aimed at enhancing investor engagement and transparency while addressing shareholder concerns.
- Global Business Reach: eXp Realty operates through a cloud-based platform and agent-centric model across the Americas, Europe, the Middle East, Asia Pacific, and South Africa, continuously driving innovation and competitiveness in the real estate sector.
- Commitment to Transparency and Innovation: As a publicly traded entity, eXp World Holdings emphasizes its long-term value commitment to shareholders and employees, focusing on attracting and retaining talent through industry-leading commission structures and equity sharing.
- Team Transition: Sonia Orozco and her 14-member team officially join eXp Realty, marking a significant transformation in the real estate sector, which is expected to drive greater sales and market share growth in the future.
- Sales Performance: In 2025, Orozco's team achieved over $48 million in total sales volume, demonstrating strong capabilities in a competitive environment, and joining eXp is anticipated to leverage advanced technology and resources for further performance enhancement.
- Industry Trend: Orozco's transition reflects a growing trend among veteran agents and team leaders in the real estate industry prioritizing infrastructure and flexibility, indicating a shift towards more innovative and scalable business models.
- Strategic Choice: Orozco's decision to join eXp is rooted in its integrated technology and collaborative ecosystem, which not only enhances her business value but also provides her team with broader educational opportunities to support long-term growth.








