‘Cloud brokerage’ EXp Realty doubles the number of brokers it employs

A “cloud brokerage” where agents navigate a virtual office and use avatars to make deals has doubled the number of agents it employs. EXp Realty now has 12,000 agents, Inman reported. Last month, it crossed a $1 billion market cap on the first day it started trading on the Nasdaq. The brokerage has grown by 85 percent since the beginning of the year, according to its founder Glenn Sanford, and recently expanded into Canada. [Inman]