AGNT – NextHome

At a Glance

Companies: eXp World Holdings + NextHome | Structure: Multi-model (cloud brokerage + franchise)

87,000+

Combined agents globally

470,938

Transaction sides

$205.6B

Sales volume

Key Takeaways FAQ Leadership Quotes Press Release Graphics

What This Means For You

Broker-Owners

As existing NextHome broker-owners can attest, our franchise model delivers the technology, training, and marketing support needed to run a profitable brokerage. That doesn’t change. The acquisition means we’re now backed by additional resources and capital to help you grow and compete more effectively.

Independent Brokerages

Running an independent brokerage today is increasingly complex. You have to stay profitable, support agents, invest in technology, and more – all at the same time. NextHome continues to offer multiple franchise models based on the size and goals of your business. Both are stronger because of this strategic move.

A person looking directly in the camera with a button up and tie.

Agents

If you’re drawn to the NextHome brand, that path remains unchanged. We’d love to have you join a local brokerage and experience our orange DNA first-hand. At a time when many are reevaluating what they want from their real estate career, consider stopping by your local NextHome office.

Person sitting on home steps in front of a home sale sign.

Buyers & Sellers

Buying or selling a home is emotional, financial, and deeply personal. For us, it’s never been just about transactions. NextHome is built around a Humans Over Houses® philosophy, and eXp shares our commitment to putting people first. That means clear communication, more transparency, and guidance you can trust.

Key Takeaways

Multi-model is where real estate is headed

More than anything, this is a cultural and strategic match. NextHome’s and eXp’s cultures are already aligned in many of the areas that matter most: putting consumers first, prioritizing clear disclosures, and opposing practices such as private listings. This means less friction, more trust, and a natural transition into what’s next.

Scale and technology make it easier to compete

Today’s market is harder (and more expensive) to compete in alone. Technology expectations are high, and AI is changing how business gets done. eXp brings scale, infrastructure, and a large engineering team – all the resources needed to launch faster, stronger tools. There’s no need for you to go at it alone.

Strong cultural alignment, especially around consumers

Both companies are aligned on key industry issues: putting consumers first, prioritizing clear disclosures, and opposing practices like private listings that can limit exposure for sellers. This reduces friction and makes integration more straightforward compared to typical acquisitions.

A family sitting with a real estate agent looking over information.

Financial strength and long-term growth

There’s a difference between companies combining because they have to and acquisitions driven by strategy. This is the latter. eXp World Holdings enters this deal with significant cash reserves, no long-term debt, and a global footprint of 29 countries. NextHome brings a respected brand and award-winning franchise expertise. Together, we help you compete in a rapidly evolving landscape.

A man and woman reviewing their finances.

FAQ: eXp World Holdings, Inc. acquires NextHome

What exactly is happening?: eXp World Holdings acquired NextHome. The largest cloud-based brokerage in the U.S. is teaming up with one of the fastest-growing franchise brands in real estate. The result is a platform that supports both models.
Are eXp and NextHome becoming one brand?: Nope. eXp and NextHome will operate separately: different business models, leadership teams, and brand identities. The goal isn’t to make the companies look the same. It’s to give real estate professionals more options under the same umbrella.
Why NextHome? Why now?: Because real estate isn’t one-size-fits-all anymore. Some people want the flexibility of a cloud-based brokerage. Others want to own their own. eXp is incredibly successful serving one of these, and NextHome the other. Instead of competing, the companies complement each other.
How do the two models compare?: They’re different, and that’s the point. eXp is a fully cloud-based brokerage with no brick-and-mortar offices. NextHome’s franchise model allows broker-owners to run physical, hybrid, or fully virtual offices. One model isn’t better than the other – they are built for different goals depending on how you want to structure your career.
What does this mean for NextHome franchise owners?: The short answer is keep doing what you’re doing. NextHome franchise owners will continue to run their businesses, lead their agents, and serve their communities as they do today. Now backed by additional tools, technology, and services.
What happens to NextHome’s leadership team?: We are staying put. The existing leadership team continues to lead and grow the franchise business. That continuity matters because culture is a huge part of why NextHome has earned such high owner satisfaction over the years.
How does this affect buyers and sellers?: Clients will still work with the local agents they know and trust. What matters is that both eXp and NextHome are aligned around a better client experience. The focus remains on helping people navigate one of the biggest financial and emotional decisions of their lives with confidence.

Joining forces with eXp World Holdings is a natural evolution of our 'Humans Over Houses®' mission. By plugging into the most agent-centric™ real estate engine in the world, our franchise owners and agents will now gain access to unmatched depth, inventory, global network, and the kind of industry talent and influence that moves markets.

James DwigginsPresident, NextHome, Inc.

The relationship and alignment were already there; this just formalized it. It connects a high-scale system with a high-trust model without forcing either to change, while quietly improving the backend that makes everything work. It’s not about getting bigger, it’s about being better positioned for the future of residential real estate through the lens of the consumer and the agent.

Keith RobinsonPresident, Strategy, NextHome, Inc.

What stands out most is how aligned we are on the future of this business. This is the right move at the right time, positioning us firmly in a multi-model reality where real estate professionals can succeed in different ways. It honors everything NextHome has built while giving us the flexibility to adapt, compete, and grow.

Tei BaishikiExecutive Vice President, Operations, NextHome, Inc.

This industry isn’t just evolving, it’s being reshaped by a fight over data, access, and control. Some are closing doors; others are opening them wider than ever. We’ve made our stance very clear: to lead with transparency, scale, and long-term consumer trust. That’s Humans Over Houses. This acquisition positions us to lead, not follow.

Charis MorenoExecutive Vice President, Growth, NextHome, Inc.

The future of real estate is loaded with uncertainty. This acquisition by eXp means the future of NextHome is now certain. I'm very excited for what’s next.

Jim FischettiExecutive Vice President, Brokerage, NextHome, Inc.

Private listings are drawing a clear line in our industry. Some brands are choosing to gatekeep and help their bottom line, while others are choosing transparency and the best outcome for the people they represent. I’m glad to be aligned with eXp, a company that’s on the right side of that line, firmly standing with the consumer.

Petya ManningVice President, Marketing, NextHome, Inc.

There’s real momentum behind this move because it adds flexibility without disrupting what’s already working. We share a strong cultural foundation and a clear vision for where we’re going, which gives us a solid base to build from. This creates real opportunity for our owners and agents as we step into the next chapter, while continuing to strengthen the brand we’ve built.

Taylor CannonVice President, Operations, NextHome, Inc.

Media Relations Contact:

eXp World Holdings, Inc. | [email protected]

eXp World Holdings Acquires NextHome, Creating a Multi-Model Real Estate Platform