Down 80%, Is This Game-Changing Real Estate Stock a Buy?

Volatile markets are filled with buying opportunities. The stock market as a whole, as measured by the broad S&P 500 index, is down by about 17% so far this year, but high-growth tech stocks are down even more drastically. Meaning there are loads of stocks on sale right now that have lots of potential.

One real estate stock that I've been watching closely is eXp World Holdings (NASDAQ: EXPI), the first and only 100% virtual brokerage. It is changing the real estate brokerage game by offering a new -- and in many respects, better -- way for agents to do business.

Thanks to the tech sell-off earlier this year and growing concern over the start of the real estate market, the stock is down more than 80% from its 2021 high after it got crushed along with lots of other growth and tech stocks. With such a steep drop, let's take a closer look at if this company is a buy.

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Source Fool.com