EXp Realty is set to launch in its third Canadian province, British Columbia. That adds to the cloud-based brokerage’s presence in 49 states and Washington, D.C.

Cloud-based brokerage eXp Realty is expanding to its third Canadian province, British Columbia.

The brokerage — worth $1 billion after it started trading on the Nasdaq last month — boasts 11,000 agents who work in 49 states and Washington, D.C., and now three Canadian provinces. The company has two defining features: agents earn eXp company stock for meeting certain benchmarks and communicate with each other through a virtual world that looks like the games Sims and Second Life.

Deborah Stevens will serve as eXp Realty’s director of Canadian brokerage operations, the company announced alongside its British Columbia expansion. Stevens owned a brokerage in British Columbia from 1994 to 2013 and has worked for Keller Williams and Re/Max.

Peter Pfann, a longtime Victoria, Canada, real estate agent, will lead British Columbia brokerage operations.

“We are thrilled to continue our expansion across Canada and open in British Columbia. Much like eXp Realty, British Columbia agents are tech savvy and entrepreneurial, so we are excited to bring this opportunity to local real estate professionals,” Stevens said in a statement.

“We have a fantastic team in place to support Canadian agents, and we are proud to have Peter Pfann leading British Columbia brokerage operations with his extensive background in the industry.”

Email Emma Hinchliffe

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