{"id":49895,"date":"2026-05-07T20:22:29","date_gmt":"2026-05-07T17:22:29","guid":{"rendered":"https:\/\/mk.gen.tr\/exp-acquires-nexthome-shifts-to-multi-model-platform\/"},"modified":"2026-05-07T20:22:29","modified_gmt":"2026-05-07T17:22:29","slug":"exp-acquires-nexthome-shifts-to-multi-model-platform","status":"publish","type":"post","link":"https:\/\/mk.gen.tr\/en\/exp-acquires-nexthome-shifts-to-multi-model-platform\/","title":{"rendered":"eXp acquires NextHome, shifts to multi-model platform"},"content":{"rendered":"

eXp World Holdings Inc<\/strong>. has acquired national real estate franchise NextHome, Inc<\/strong>, according to an announcement on Thursday. The financial terms of the deal were not disclosed.<\/p>\n

Through this acquisition, eXp is adding a full franchise option alongside its cloud-based brokerage model.<\/p>\n

Reflecting the acquisition, eXp said it will begin trading under a new Nasdaq<\/strong> ticker, \u201cAGNT,\u201d on Friday.<\/p>\n

The Bellingham, Washington-based holding company for eXp Realty<\/strong>, FrameVR.io<\/strong> and SUCCESS Enterprises<\/strong>, said in an announcement that the deal is designed to turn its existing infrastructure into a \u201cmulti-model platform\u201d that can support different brands and business structures under one global umbrella.<\/p>\n

NextHome,<\/a> which has more than 500 franchisees across the U.S., brings a proven franchise system into the eXp ecosystem at a time when many large brokerages are exploring different models and franchising options through mergers and acquisitions. According to the announcement, NextHome will continue to run the franchise brand within the eXp platform. <\/p>\n

\u201cWe\u2019ve moved from being a single brokerage to being the Global Operating System for Real Estate,\u201d Leo Pareja<\/a>, CEO of eXp Realty, told HousingWire.<\/p>\n

According to Pareja, the acquisition provides eXp\u2019s agents with \u201cunmatched referral power,\u201d the ability to attract new talent and the opportunity to build a legacy.<\/p>\n

\u201cWe\u2019ve removed the compromise. Whether a recruit wants cloud scale or a franchise, our agents now represent a parent company that offers the premier solution for both,\u201d Pareja said.<\/p>\n

For housing professionals, the combined platform is positioned to function as a choice between models \u2014 operating under eXp Realty\u2019s cloud-based brokerage with aggressive splits, revenue share and equity incentives, or building a branded franchise under NextHome\u2019s system and \u201chumans over houses\u201d culture. That flexibility could matter more as agents and teams reassess where to affiliate in the new brokerage environment.<\/a><\/p>\n

\u201cIn a shifting market, resilience is the ultimate competitive advantage. By diversifying our model, we\u2019ve created a more robust company \u2014 one that gives our agents more ways to serve clients and more tools to grow their business,\u201d Pareja said. \u201cOur agents can walk into any listing presentation backed by a platform that\u2019s built for today\u2019s market and positioned for where this industry is going.\u201d\u00a0<\/p>\n

James Dwiggins, Co-CEO of NextHome, said in the company\u2019s announcement that \u201cjoining forces with eXp World Holdings is a natural evolution\u201d of NextHome\u2019s mission. Dwiggins told HousingWire that the deal \u201ccouldn\u2019t have been a better fit for today\u2019s real estate environment.\u201d<\/p>\n

\u201cOur brokers and agents now have access to a massive referral network of agents and listing inventory that mid- to smaller-sized companies simply won\u2019t \u2014 especially if a private listings war ensues. Finally, consumers care about the experience they have with their agent,\u201d Dwiggins said. \u201cNextHome and eXp share some of the most productive and successful agents in the business, and eXp\u2019s size and scale will give our people access to technology, global reach, and an infrastructure powered by one of the most productive real estate companies in the world. It\u2019s a win \/ win for everyone.\u201d<\/p>\n

The two leaders see the merger as a \u201cperfect cultural\u201d fit. <\/p>\n

\u201cCulture and a commitment to putting the consumer first. NextHome has always been about \u2018Humans Over Houses,\u2019 and Leo and his team have been even more outspoken than we have when it comes to protecting the consumer and the industry. Everything they do is rooted in transparency, disclosure and thinking about what\u2019s best for the people buying and selling real estate,\u201d Dwiggins said.<\/p>\n

eXp framed the combined company as a \u201cmulti-model leader\u201d where independent agents, teams and franchise owners can plug into shared technology, services and a cross-brand referral network. For brokers and team leaders, the key strategic shift is that the same parent company will now support both a cloud brokerage and a franchise system, potentially allowing movement between structures as business needs change.<\/p>\n

\u201cBuilt by agents, for agents\u201d<\/h2>\n

The ticker change from EXPI to AGNT on the Nasdaq Global Market will take effect at the market open on May 8, 2026. The company\u2019s CUSIP number will remain the same and existing shareholders do not need to take any action in connection with the change, the company said.<\/p>\n

eXp said the new ticker is meant to reflect its focus on empowering independent agents and brokers through a technology-driven, cloud-based platform.\u00a0<\/p>\n

\u201cWe\u2019re not reacting to the market; we\u2019re building ahead of it,\u201d Pareja said. \u201cTrading as AGNT reflects something deliberate: we\u2019re evolving beyond a single brokerage model into a multi-platform business. This acquisition means that no matter where the market shifts, we have a model that fits the moment. And in this landscape, our competitive edge remains our DNA. We are and always have been built by agents, built for agents. And no matter how an entrepreneur chooses to build, they have a home within our ecosystem. We aren\u2019t just surviving the change; we are the ones defining it.\u201d<\/p>\n

Pareja is no stranger to the franchise brokerage model, serving as a broker for Keller Williams earlier on is his career. He told HousingWire that his time at Keller Williams gave him a \u201cdeep respect for the power of branding and local ownership,\u201d but it also showed him the \u201climitations of the traditional franchise model in a digital world.\u201d <\/p>\n

\u201cRe-engaging with franchising now isn\u2019t about going backward to the old way; it\u2019s about evolving. We\u2019ve taken the best of the franchise culture, the community and the local pride and plugged it into a premier cloud-based operating system. It\u2019s not franchising as it was; it\u2019s franchising as it should be,\u201d Pareja said.<\/p>\n

In 2025, eXp Realty<\/a> agents closed 343,091 transaction sides totaling $155.56 billion in sales volume, earning it the No. 1 and No. 3 ranks nationwide in the 2026 RealTrends Verified Rankings <\/strong>for sides and volume, respectively.\u00a0<\/p>\n

This acquisition comes as other national brokerages, including fellow cloud-based firm The Real Brokerage<\/strong><\/a>, enter the franchising space through acquisition.\u00a0<\/p>\n

This article was written by Brooklee Han and generated with the assistance of HousingWire Automation. It was reviewed by a HousingWire editor before publication. The system helps convert company announcements and industry data into HousingWire-style news coverage.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

eXp World Holdings Inc. has acquired national real estate franchise NextHome, Inc, according to an announcement on Thursday. The financial terms of the deal were not disclosed. Through this acquisition, eXp is adding a full franchise option alongside its cloud-based brokerage model. Reflecting the acquisition, eXp said it will begin trading under a new Nasdaq…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts\/49895"}],"collection":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/comments?post=49895"}],"version-history":[{"count":0,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts\/49895\/revisions"}],"wp:attachment":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/media?parent=49895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/categories?post=49895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/tags?post=49895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}