EXp Realty announced the launch of a new assistance fund for agents, as well as multiple charitable initiatives, the same week the company celebrated its 10-year anniversary and crossed the 23,000 agent threshold.
The new fund, called “eXtend a Hand,” is aimed at providing assistance to eXp Realty agents, staff and their families who are experiencing hardships and unable to work, as a result of catastrophic events such as natural disasters or illness.
“At eXp, our core values are key to who we are as a company,” eXp World Holdings CEO Glenn Sanford said in a statement. “We are committed to making positive change in our company, our communities and around the world. We innately understand the importance of home and each of these efforts helps vulnerable populations, and our own agents and staff, achieve stability in their lives.”
At the same time, the company is also launching an inaugural community day on October 7, where eXp Realty agents across North America volunteer with local charitable initiatives like assembling donation bags, providing home repair to low-income New Yorkers and delivering food.
EXp Realty also introduced a new partnership with New Story, a nonprofit organization that builds homes in developing areas of the world. The company’s agents and staff have committed $560,000 to fund the creation of an 80-home community in Ocuituco, Mexico, where the homes will be given to families whose homes were destroyed by an earthquake.
“We are pleased to partner with eXp Realty to build an entire community of homes,” Brett Hagler, co-founder and CEO at New Story, said in a statement. “New Story is pioneering solutions to end homelessness worldwide, and we share eXp’s commitment of service to the community. With eXp’s support, 80 families will have a place to call home; they will be able to rebuild their lives after a devastating natural disaster.”