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eXp World Holdings, Inc. Names Two Real Estate Agents to Board of Directors

Suzy Truax & Micah Mruwat to Also Take Leadership Roles on eXp Agent Advisory Council

/EINPresswire.com/ -- BELLINGHAM, WA--(Marketwired - June 02, 2017) - eXp World Holdings, Inc. (OTCQB: EXPI) (the "Company"), the holding company for eXp Realty LLC, The Agent-Owned Cloud Brokerage®, announced today that two eXp Realty agents, Suzy Truax and Micah Mruwat, will join the Company's board of directors over the next year.

"From the board of directors perspective, adding strong agent voices is vital to the continuing success of the Company," said Rick Miller, Board Governance Committee Chair. "The results of the nomination and selection process brought us two great additions who we are happy to welcome to the board over the next 12 months."

Suzy Truax will officially join the board in November 2017 when she will also assume the position of Chair of the eXp Agent Advisory Council (AAC). Until that time, she will be a guest at board meetings, and effective immediately, hold the position of Vice-Chair of the AAC. Micah Mruwat will officially join the board in May 2018. Starting in November 2017, she will begin a six-month period as a guest at board meetings and also take the role of AAC Vice-Chair, then moving to AAC chair in May 2018 when she also joins the board of directors.

To make room for the two new board members, Directors Jason Gesing and Gene Frederick have volunteered to transition off the Board over the next year. Both will continue their important leadership roles within the company.

"Adding the 'Voice of the Agent' to our board and the creation of our Agent Advisory Council benefits our agent-owner shareholders while providing new ways for our senior leadership to obtain additional insight as our company grows," said Glenn Sanford, Founder, CEO and Chairman of eXp World Holdings, Inc. "We're happy to have Suzy and Micah aboard in these new important roles."

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (OTCQB: EXPI) is the holding company for eXp Realty LLC, the Agent-Owned Cloud Brokerage®. As a full-service real estate brokerage, eXp Realty provides 24/7 access to collaborative tools, training, and socialization for real estate brokers and agents through its 3-D, fully-immersive, cloud office environment. eXp Realty, LLC and eXp Realty of Canada, Inc. also feature an attractive revenue sharing program that pays agents a percentage of gross commission income earned by fellow real estate professionals who they attract into the Company.

As a publicly-traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.

For more information, please visit the Company's Twitter, LinkedIn, Facebook, YouTube, or visit www.eXpRealty.com.

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. These statements include, but are not limited to, statements about the Company's management and the Agent Advisory Council. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K.

Investor Relations Contact:
Greg Falesnik
Managing Director
MZ Group -- MZ North America
949-385-6449
Email contact

www.mzgroup.us

Distribution channels: Real Estate & Property Management