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03-10-2016,
Let's talk the confluence of real estate and tech... EXP Realty, (OTCBB:EXPI) is a real estate brokerage that is embracing the cloud and technology whereas so many other brokerages seem to shun technology across the board. They just filed their 10-K that shapes up as follows: Y/Y Net Revenues increased 71% to $22.8MM, Cash position as of the end of 2015 was $571k, just crossed 1000 active agents in 35 states and canada. They also retired all debt on the company in 2015, started a cloud/tech-based mortgage company, and has acquired the exclusive rights to use the VirBELA 3d platform in real estate, mortgages, and related verticals. Considering they are below $2/share and other large brokers trade 10-20x that this could be a great long-term value. They had some nasty numbers due to accounting treatment of early-issue stock options but since that is now done 2016 looks like it might be a good year for the little company...