Q
uarterly earnings results offer a snapshot of a company's progress, especially when compared to its peers in the same sector. We're taking a closer look at eXp World (NASDAQ:EXPI) and the top performers in the real estate services industry. The impact of technology on this sector is multifaceted. On one hand, online listings can reach a wider audience, increasing transaction chances for buyers and sellers. On the other hand, digitization could disrupt traditional players who rely on information asymmetries.

    The 13 real estate services stocks we track reported satisfactory Q1 results, with revenues beating analysts' estimates by 2% but next quarter's guidance falling short by 0.9%. Share prices have remained steady, up 3.9% on average since the latest earnings release.

    eXp World (NASDAQ:EXPI), founded in 2009, is a real estate company known for its cloud-based approach to brokerage. Its Q1 revenues of $954.9 million were up 1.3% year over year but fell short of analysts' expectations by 4%. The company missed adjusted operating income estimates, making it a disappointing quarter.

    "We're entering 2025 from a position of strength," said Glenn Sanford, Founder and CEO of eXp World Holdings. "Our tech-enabled agent value stack is driving record productivity and empowering entrepreneurs."

    eXp World's stock has dropped 7.7% since reporting and currently trades at $8. The Real Brokerage (NASDAQ:REAX), founded in Toronto in 2014, reported revenues of $354 million, up 76.3% year over year, outperforming analysts' expectations by 6.3%. This tech-driven brokerage firm combines a tech-centric model with an agent-centric philosophy.

    The Real Brokerage pulled off the fastest revenue growth among its peers but has traded sideways since reporting. Its shares currently sit at $4.44. Is now the time to buy The Real Brokerage?