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
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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 pace,” said Michael Valdes, President of eXp Global. “There continues to be high demand for what eXp brings to the international real estate market. With the addition of the Dominican Republic, Greece and New Zealand, we continue to solidify our strategic footprint across the EMEA, CALA and APAC regions. The Dominican Republic has, in the last three decades, experienced a period of remarkable economic growth, leading all countries in the Caribbean and Latin America region. Greece is a vibrant market with strong economic projections driven by tourism, excellent foreign investment opportunities, and the Greece 2.0 recovery fund. The country is a key component to our growth on the continent, joining the UK, France, Portugal, Italy, Spain and Germany.
“Additionally, New Zealand boasts a property market with extremely high demand and benefits from the close connection to Australia, where eXp already has a strong market presence.”
In 2021 we successfully launched in nine new markets, including Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama and Germany.
Actually, we’re excited about all 20 countries. However, Greece is a special addition because we (Karen and I) have a business partner in the company who lives in Greece. He will be attracting agents to join eXp, and we will benefit from the share of revenue that these agents bring into the company in the future. What an amazing benefit for us!
This is why we are vocal about eXp Realty to any agent that we meet…this company is changing lives. There are so many benefits to agents that really make a difference to their bottom line. For us, these are our top three:
Ownership has it’s privileges. While broker owners of the traditional real estate company participate in ownership and all it’s benefits, the average agent does not. Ownership, with it’s equity, is not available. Equity is a wonderful thing to add to a retirement portfolio, isn’t it?
The majority of real estate agents have no real plan for retirement, except for social security. The average real estate agent in America makes $53,000 a year, according to NAR (National Association of Realtors®). We know that this is not enough to really for most people to invest for a future.
At eXp Realty, we have accumulated stock through the stock awards program, as well as discount stock purchases. This is a cozy nest egg that continues to grow for us as we go about our work, doing what we do every day, helping people buy and sell houses.
What kind of award certificates does your broker give you? If it’s the printed paper acknowledgement in the $6 frame, I think I can help you get awards that are actually worth something!
Revenue share is a treasured passive income stream. As we tell agents about the company and they join in on this incredible opportunity, we receive compensation from the company in the form of “revenue share”. This is like getting 100 small referral checks each month. It adds up!
We have multiple preferred partners that also add to the income streams for agents, all of whom have been carefully vetted to offer the best value during the buying and selling process. From professional services to listing services and client services, eXp Partners offers eXp agents the tools they need to grow their businesses.
Leverage is one of the keys to keeping multiple income streams robust. There are several ways that eXp helps us leverage our efforts.
The bottom line: When you do better our company does better. My stock does better. We are all in this together…One Big Fire!
If you would like to know more about the fastest growing brokerage in the world, give us a call, or click to learn more. There is a reason why eXp Realty is the largest independent brokerage in the U.S. and we are growing at a phenomenal pace.
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
If I Could Create A Brokerage Today… The brokerage model hasn’t been adequately challenged since 1906. There is still a semi-adversarial relationship between the broker and the agent competing for a bigger piece of the pie. It’s a very good time to consider a paradigm shift in the broker/agent dynamic. Support for Agents The ideal… 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