The Future of Real Estate
The Future of Real Estate
How Agents Are Building Their Business at eXp Realty
Because eXp Realty is Agent-Centric
Because eXp Realty is Agent-Centric
Because eXp Realty Functions in A Cloud Office
Technology and electronic commerce has had an immense impact on the real estate industry. Our cloud-based platform provides
A cloud office environment allows agents coast to coast, to come together to collaborate in many ways
eXp Realty agents and brokers are working together to build businesses:
Our Values Include Collaboration and Learning Together
Check out our Blog:
eXp Realty has broken records! In eight years, eXp Realty has grown from less than 300 agents to 82,000; from operations in less than half the United States, to operations in 21 countries; and from penny stocks to the NASDAQ. It has been an amazing seven years for us! Karen and I are happy we made the change.
United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece and New Zealand…lookout world!
But we believe eXp Realty is still in it’s early years…there is so much room for growth, it’s not too late to get in on the benefits of that growth.
In the first quarter 2022, revenue increased 73% year-over-year to $1.0 Billion, driven by agent growth of 55%. Gross profit increased 56% to $83.5 million.
In the second quarter of 2022 the Board of Directors began a cash dividend of $0.04 per share of common stock, paid at the end of May. What a nice way for the company to say, “thanks stock holders!”!
Contact Chris Highland, 301-401-5119, for a thorough and friendly conversation about eXp Realty Maryland.
About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.
eXp Realty is the fastest-growing real estate company in the world with more than 82,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece and New Zealand and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.
For more information, visit https://expworldholdings.com. This blog post is not a communication from eXp Realty, but a personal opinion.
eXp Realty is Open in 20 Countries As of today, March 15, 2022, eXp Realty is open for business in Greece. Greece is one of three new countries open in the first quarter of 2022. We also opened in Dominican Republic, and in New Zealand this quarter. “We’ve continued to expand globally at a steadfast… Continue Reading
At the end of 2021, eXp Realty announced that it surpassed 70,000 agents and brokers. There were several big announcements recently. This company is on fire! Here are the highlights: eXp Realty put out the Second Quarter Financial Report earlier this week. The company exceeded revenue of $1 billion in the second quarter, a… Continue Reading
EXP Con 2021 Another convention is in the rear view mirror. This was our sixth time attending the annual EXP Realty Convention. Every year we come back with the feeling that we have been blasted with a fire hose full of business information. Many agents who have had the opportunity to attend a real estate… Continue Reading
I Can Definitely Say We Like it Here In September 2021 we celebrated six years with eXp Realty. I can use the word “celebrate” with all truthfulness. We have thrived in ways that just haven’t been possible for us with any other brokerage…and I know, because I have had a sampling of may brokerage models… Continue Reading
The revenue sharing aspect of the eXp Realty business model has drawn a lot of attention, both positive and negative. Critics have been pointing out what they deem as weaknesses in the business model. There is admittedly, a lot of misunderstanding surround this particular pillar of the compensation model at eXp. It certainly is something… Continue Reading
When you have a great year in real estate, it’s affirming to get that award in front of all your associates, isn’t it? Then you post it on social media to remind your friends and clients that…”oh, yeah…they sell real estate…and they do a good job of it, too!” Affirmation and marketing all rolled into… Continue Reading
We’ve been affiliated with eXp Realty for 5 1/2 years. The great thing about accruing stock in the company is that it happens as you are going about your business…helping people buy and sell real estate. The stock is earned as awards for production, and as awards for sponsoring people into the company. Stock can… Continue Reading
eXp Realty Was Built for This And by this, I mean disruption. Right now the Pandemic is THE disruption. In every industry. In every state. In every country. These are unprecedented times, to say the least. As businesses shut down their brick and mortar offices in March due to the Corona virus, Covid-19, may people… Continue Reading
Why Join eXp Realty?
We do things differently, and we offer much more.
At eXp Realty, our family of agents and brokers build their own businesses. They work, attend classes, strategize, collaborate, innovate, enjoy water-cooler chats, build teams, build unity and share experiences inside of our Cloud Office Environment.
Together, we’re leveraging Systems and Tools in order to grow an agent and broker-owned international, publicly-traded company.
eXp Realty agents and brokers are working together to build businesses, build and enhance brands, increase profitability, reduce overhead and risk, and achieve bold career and life goals, all while establishing a direct ownership interest in eXp Realty International Corporation as a shareholder and partner.
Here's a perspective from one of the top agents in the country:
“We live in a world of disruption. Companies like Uber and Airbnb are challenging the status quo of some of the most tried and true industries with their unique platforms. eXp’s “cloud-based” real estate brokerage model brings this disruption to the traditional concept of the Real Estate Brokerage by changing how real estate agents are compensated and supported.When you remove the cost of locally owned offices, regional management, and national corporate overhead from the brokerage model it allows that revenue to flow back to you – the agents that created the revenue in the first place.You are probably perfectly happy with your current company. That’s what we all said before we joined eXp Realty. You owe it to yourself and your family to be open-minded enough to examine this opportunity. Then you can decide what’s best for you – but at least you’ll be informed.”~ Jay
About Chris Highland
Chris Highland is the former broker, now an Associate Broker and Branch Office Manager with eXp Realty in Maryland. While he was the broker, he oversaw the growth of the company from 30 to over 300 agents. We've come a long way!
Chris has over 26 years of experience in residential real estate sales in Central Maryland. Connect with Chris on LinkedIn, Twitter, or Facebook. He is happy to answer any questions about eXp Realty. 301-401-5119. Chris Highland is an independent contractor of eXp Realty and this is not an official release of eXp Realty, its parent eXp World Holdings, Inc. or any related subsidiary.
Lisa Lowe, Broker - 888-860-7369