It's Your Career, Own It!

 

Category Archives: eXp Realty

The Benefits of ICON Status at eXp Realty Maryland

The Benefits of ICON Status at eXp Realty Maryland

At eXp Realty we have a unique status called ICON, which comes with some amazing benefits. In most real estate brokerages, the big producers are recognized and rewarded. They bring a lot to the brokerage, both in income and in market share. They also bring that much desired “klout” to a brokerage.

Rewards and accolades are well deserved when an agent or team of agents does a stellar job. Hard work absolutely needs to be acknowledged, both for the top producer and to inspire those around.

eXp Realty has a recognition for top producers like no other I’ve ever seen in my 26 years of real estate practice. It’s called the ICON award. Instead of a plaque or paper award to hang on the wall, the ICON award is a different kind of certificate…it is a stock award. Right now, the stock award is the amount that the agent has paid into the company as their cap. $16,000! We currently have several agents who have been awarded ICON status in eXp Realty Maryland.

What Are the Requirements to Receive ICON Status?

At eXp Realty agents have an 80/20 split, until they reach the cap of $16,000. (This is roughly $80,000 GCI, or about 3 million in production) When an agent reaches the cap at eXp Realty, which means they have paid their $16,000, they get 100% of their production, less the transaction fee, which is also capped. (until their anniversary date)

Upon capping the agent receives a stock award. When an agent does an additional 20 transactions after capping, they are eligible for the ICON status. Agents may then apply for ICON status. They must be contributors to the company (one hour a month) as well as contributors to their communities. They must be examples of the eXp Realty Core Values.

exp realty core values

The reward is $12,000 in stock, and an additional $2000 in stock when they attend each of the two yearly conventions…the Shareholders Event in the Spring, and the eXp Realty Convention in the Fall. The total reward is $16,000 in stocks.

Amaze-balls!

This kind of production really equals about $10 million in production a year.

If you are a top producer, please consider the worth of your paper certificate compared to stock awards. Give me a call if you’d like in on this amazing opportunity. We’re looking for Business-Minded Maryland Realtors® who are early adopters and have an entrepreneurial mindset. Chris Highland, 301-401-5119.

eXp Realty is a publicly traded company. Check out EXPI on the Nasdaq.

*The award is not guaranteed to stay the same amount every year. As the company grows, the stock awards are subject to change.


Disclaimer: This is not an official communication from eXp World Holdings, or it’s subsidiaries. Chris Highland is an independent contractor with eXp Realty.

eXp Realty Agent Count Reaches 16,000

eXp Realty Agent Count Reaches 16,000

eXp Realty announced today (Jan 18, 2019) that it surpassed 16,000 agents and brokers in North America, which represents an increase of more than 145 percent since the same time last year. Back in 2013 when the company planned the first equity incentives for agents, they had the target of 16,000 agents to mark the… Continue Reading

eXp Realty Core Values

eXp Realty Core Values

1. Fun Don’t take yourself too seriously. How can you not love a company that has FUN as one of it’s core values? Life and business doesn’t have to be dull. From scavenger hunts, fireworks on the beach, and Halloween decorations and costumes, the eXp world cloud campus is always a fun place. When you… Continue Reading

eXp Realty Core Value of Fun

eXp Realty Core Value of Fun

Of the nine core values at eXp Realty, one that continues to delight me is the core value of FUN. Most companies I’ve been involved with overlook this very basic human need. We really do need to enjoy our days, as much as possible. Here in eXp World, as well as at our live events,… Continue Reading

eXp Realty Reaches 15,000 Agents Nationwide

eXp Realty Reaches 15,000 Agents Nationwide

Since the beginning of the year, eXp Realty’s agent base has nearly tripled! The agent count in Maryland has grown from 31 to 230 year-over-year. This company is on the march! Since the beginning of the year, eXp Realty’s agent base has grown by more than 130 percent and last month opened in West Virginia,… Continue Reading

eXp Realty Maryland Announces Appointment of Lisa Lowe as the Assistant State Administrative Broker!

Lisa Lowe joins the leadership staff eXp Realty in Maryland, one of the fastest growing companies in the state. Lisa will serve as the Assistant State Broker of Maryland and the future State Administrative Broker of Washington D.C. Lisa brings a wealth of experience in brokerage operations, receiving her initial training from a real estate… Continue Reading

eXp Realty Reaches New Benchmark in Agent Growth – 12,000 Agent-Owners!

eXp Realty Reaches New Benchmark in Agent Growth – 12,000 Agent-Owners!

Since the beginning of the year, eXp Realty’s agent base has grown by more than 85 percent, nearly doubling agent count. In addition to tremendous growth this year, the company commenced trading on the Nasdaq Global Market exchange under the ticker symbol “EXPI” and expanded into British Columbia, Nebraska, South Dakota and Vermont. “Our momentum… Continue Reading