eXp World Holdings enters a new chapter as AGNT era begins 

eXp Realty's parent company has entered a new era, with the firm announcing today that its transition from eXp World Holdings to AGNT, Inc., is complete.

The company trumpeted the news of its "defining milestone" in a celebratory post on LinkedIn.

"AGNT isn't a new direction," the post said. "It's the formalization of the belief that started it all."

A new name with a clear message: The news comes a little over a month after the company announced its ticker symbol on Nasdaq was changing from EXPI to AGNT — a move that coincided with eXp's entry into the franchise business through its acquisition of NextHome. At the time, eXp Realty CEO Leo Pareja described the transition to AGNT as "a proud moment" as the company sought to "redefine what it means to be an agent-centric real estate platform."

In a June 11 news release, the company now doing business as AGNT reiterated that its new moniker aims to demonstrate its "unwavering commitment to the success of independent real estate agents."

"We built this company around a single conviction: that agents deserve better economics, better technology, and a platform built in their image," AGNT CEO Glenn Sanford said. "AGNT is who we have always been and who we are building toward."

Pareja added that eXp Realty's goal is to help agents win, and "AGNT gives that mission a permanent home at the holding company level."

A new home in the Lone Star State: In conjunction with the adoption of its new name, the company announced that it has officially reincorporated in Texas.  

"The move reflects a governance framework deliberately designed to match the realities of AGNT's agent-driven business model," the company explained, "where Texas law expressly permits directors and officers to consider the interests of constituencies critical to the enterprise — including agents — when exercising their fiduciary duties."

The holding company, which was previously incorporated in Delaware, began lobbying shareholders earlier this year to approve its move to Texas. Sanford explained at the time that the state offers "a governance environment that is clearer, more predictable, and better suited to a company of our size and complexity."

Shareholders greenlit the move by a more than 2-to-1 margin during the company's annual meeting last month.