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eXp Realty, The Real Estate Cloud Brokerage™, and a subsidiary of eXp World Holdings, Inc., has announced its expansion into New York City at the company’s The eXp Shareholder Summit in Orlando. New York City eXp Realty agents will serve the Bronx, Brooklyn, Manhattan, Queens and Staten Island.

“New York City is a unique real estate market and we are excited to complete our reach in New York,” said eXp Realty New York Designated Managing Broker Kim Canavan. “I’ve watched eXp Realty’s expansion across the country and, as a native New Yorker, I am especially thrilled to bring this opportunity to New York City real estate professionals. Expanding into the largest real estate market in the country is a key milestone.”

eXp Realty hired local real estate professionals to manage and grow the brokerage:

  • Canavan has been in New York real estate since 2003, having been a broker/investor in a Long Island market center and a multimillion-dollar producer for the past 16 years.
  • New York City Designated Managing Broker Matt Parrella has worked in New York real estate since 2001, working with residential, commercial and major developer clients. Parrella will oversee brokerage operations in all boroughs.
  • Managing Broker James Hynes has been in New York real estate since 2009 and a regular multimillion-dollar producer. Hynes will manage Brooklyn brokerage operations.

For agents, eXp Realty offers a range of technology tools and services as well as education and training to help its agents grow their business. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn stock for production and contributions to overall company growth.

The company already has established marketshare in all 50 U.S. states, the District of Columbia and three Canadian provinces with more than 19,000 agents across North America. To learn more about becoming an eXp Realty agent, please visit