eXp Realty and New Story Set Goal to Fund 100 Newly Built Homes in Mexico
21 Septiembre 2021 - 8:00AM
eXp Realty announced a joint initiative with New Story, a nonprofit
that pioneers solutions to end global homelessness, to build 100
homes in the Morelos region of Mexico, which was devastated by a
7.1 magnitude earthquake in September of 2017 and is still trying
to rebuild after four years. eXp Realty has committed to raising
funds among its employees and network of agents, and in addition,
Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings, has
pledged to match up to $300,000 in contributions with a goal of
raising $600,000.
With the help of corporate and matching donations, each home
averages $6,000 in construction costs and New Story works with
local partners, equipped with the trust of communities and cultural
competencies, to complete these builds. The result transforms
dangerous living environments, including those impacted by natural
disasters, into communities of safe, sustainable homes. One hundred
percent of donations raised through eXp Realty will be directly
applied by New Story to hire local workers and purchase local
materials for the construction of the homes. Once families move in,
New Story surveys the community over time to measure the exact
impact a safe home has on the families’ lives.
“We are honored to work with New Story to provide relatively low
cost, sustainable homes because we know the importance a home makes
to families no matter where they live,” said Sanford. “We are
passionate about bettering lives and helping communities around the
globe and this area of Mexico is still in need of housing for those
impacted. I wanted to personally show my commitment with this
matching gift to help build safe, sustainable homes.”
The homes will be constructed using Ecoblock, a sustainable,
resilient building material made from compressed earth that is four
times stronger than traditional cinder blocks. Composed of 90%
earth and 10% concrete, Ecoblocks are more affordable than
traditional construction materials, are easier to reuse and create
less waste. The construction approach also fuels the local economy
by sourcing local material paid at fair prices.
“We see every day how eXp Realty agents around the world are
operating from a purpose-driven perspective and this partnership
with New Story is an opportunity to work together to make a real
difference in the communities in which we operate,” said Michael
Valdes, President of eXp Global. “The matching donation from our
founder and CEO illustrates the sincere commitment of our
leadership to give back and do what we can to help those in need
find a home to call their own.”
eXp is headquartered in the United States and opened brokerage
operations in Mexico in November 2020. It was eXp's first
Spanish-language country in its global expansion and the perfect
fit for eXp's community based culture.
"Our goal is to improve the resilience of communities for the
long-term," said Brett Hagler, CEO of New Story. "eXp Realty's
partnership allows us to keep implementing sustainable innovations
to provide the lasting stability families deserve."
An estimated 1.6 billion people throughout the world currently
live in inadequate shelter. New Story aims to change that with
innovation and through partnerships such as eXp Realty. To learn
more about eXp Realty and New Story’s partnership, go to
newstorycharity.org/exp-realty.
About eXp World Holdings, Inc.eXp World
Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp
Realty, Virbela, Showcase IDX and SUCCESS Enterprises.
eXp World Holdings and its global brokerage, eXp Realty, is one
of the fastest-growing real estate tech companies in the world with
more than 64,000 agents in the United States, Canada, the United
Kingdom, Australia, South Africa, India, Mexico, Portugal, France,
Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel,
Panama and Germany, and continues to scale internationally. As a
publicly traded company, eXp World Holdings provides real estate
professionals the unique opportunity to earn equity awards for
production goals and contributions to overall company growth. eXp
World Holdings and its businesses offer a full suite of brokerage
and real estate tech solutions, including its innovative
residential and commercial brokerage model, professional services,
collaborative tools and personal development. The cloud-based
brokerage is powered by an immersive 3D platform that is deeply
social and collaborative, enabling agents to be more connected and
productive.
For more information, visit https://expworldholdings.com.
Safe Harbor StatementThe 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 economic and social effects of the COVID-19
pandemic; continued growth of our agent and broker base; expansion
of our residential real estate brokerage business into foreign
markets; demand for remote working and distance learning solutions
and virtual events; development of our new commercial brokerage and
our ability to attract commercial real estate brokers; and revenue
growth and financial performance. 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 Quarterly Report on Form 10-Q and Annual Report on Form
10-K.
About New Story New Story is a non-profit
working to create a world where no human being lives in survival
mode. The organization currently works in Mexico, Haiti, El
Salvador, and Bolivia where they have funded more than 2,300 homes
for families in need. Their 100% model ensures every penny of each
donation goes to building homes while their organization overhead
is covered by private donors. Learn more at
newstorycharity.org.
CONTACTS
Alyson Austinalyson@gaffneyaustin.com
Samantha Schikowski samantha@newstorycharity.org
eXp World (NASDAQ:EXPI)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
eXp World (NASDAQ:EXPI)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024