|[February 03, 2014]
eXp Realty Secures DTC Eligibility
BELLINGHAM, Wash. --(Business Wire)--
eXp Realty International Corporation (OTCBB: EXPI), the real estate
cloud brokerage, announced today that the company has secured DTC
Eligibility by The Depository Trust Company for its shares on the OTC
effective January 29, 2014.
DTC eligibility allows ownership of the company's shares to be
transferred electronically by the Depository Trust Company. The
Depository Trust Company is a member of the U.S. Federal Reserve System
and a registered clearing agency with the Securities and Exchange
Commission (SEC (News - Alert)). The DTC provides a safe and efficient way for buyers
and sellers of securities to execute and settle transactions. This
electronic method of clearing securities speeds up the receipt of stock
and cash, and thus accelerates the settlement process for investors.
"Obtaining DTC eligibility represents a significant milestone for our
Company," said eXp Realty CEO Glenn Sanford. "As we continue to grow,
DTC-eligibility will simplify the process of trading and exchanging our
common stock and will be of significant benefit to our shareholders."
About eXp Realty International Corporation
From its inception, eXp Realty has been engaged in the marketng and
sale of residential real estate with the goal of being the first truly
cloud-based, full-service, global real estate brokerage company
delivering around-the-clock access to collaborative tools and
professional development for managing real estate brokers and agents.
The business model was created to increase brokers' and agents' listings
and sales, while reducing their overhead and capital requirements. eXp
can now be found in 29 states and in Ontario, Canada. For more
information, visit: www.exprealty.com.
You can also follow eXp Realty International on Twitter,
and on the eXp
Realty YouTube Channel.
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
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