Chris Highland - with EXP Realty in Maryland

 

Tag Archives: exp realty growth

eXp Realty Opens in Greece

eXp Realty Opens in Greece

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 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.”

exp realty opens greece

In 2021 we successfully launched in nine new markets, including Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama and Germany.

Why We’re Excited About Greece

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!

Top Three Benefits

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:

Retirement

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!

Increased Streams of Revenue

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.

Leveraging Tools that Help Our Business

Leverage is one of the keys to keeping multiple income streams robust. There are several ways that eXp helps us leverage our efforts.

  1. Education. We have over 55 hours of education a week to offer to mentees and new agents. are a multitude of classes and events held throughout the week, taught by some of the most talented agents in the company. There are so many more resources available than just our personal experience and knowledge. Even us old timers benefit from the masterminds and classes that are available live and via recording. We are thrilled to find anything we need to help us enhance our business and our service to our clients.
  2. Leadership. We have several managing brokers and contract review specialists in the state of Maryland with answers to your questions. If we are ever unavailable to answer a question, there are many resources available.
  3. Company Resources. As well as leadership resources, there are a number of resources in our cloud campus. Got a question about your commission? Jump into the cloud campus and sit down in the accounting office. Having a technical difficulty? Go to the technology office. The cloud campus is staffed with people all over the country, and even all over the world. No waiting for a return email, or calling on the phone to leave a message, then wait for a call back.
  4. Attraction Resources. There are a plethora of trainings and videos designed to help agents attract agents to the company, thereby enhancing their revenue share stream of income.
  5. Events. eXp Con and Shareholders events are a fantastic way to not only get together, but to learn and grow personally and in your business. The brightest minds are freely offering their tips and processes to help everyone grown their business. The collaboration in eXp Realty is off the charts!

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.

eXp Year-End Earnings and Growth

eXp Year-End Earnings and Growth

eXp Realty published the quarterly and year-end earnings report. 2018 was a great year in every way! Here’s how the earnings and growth went: Fourth Quarter 2018 Earnings Total revenue for the fourth quarter was $150 million. This was roughly three times the revenue of the fourth quarter of 2017, which was $48.2 million. This… Continue Reading

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

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

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

Glassdoor’s 2018 Employees’ Choice Awards – eXp Realty Named a Best Place to Work

Glassdoor’s 2018 Employees’ Choice Awards – eXp Realty Named a Best Place to Work

eXp Realty “Best Place To Work” After being affiliated with eXp Realty for 2 1/2 years, this is no surprise! eXp Realty has been named one of Glass Door’s best places to work based on the reviews from employees. Our company was ranked number 12 among ALL small/medium sized companies! That’s really remarkable. Read more… Continue Reading

It was a Record Third Quarter 2017 for eXp Realty

It was a Record Third Quarter 2017 for eXp Realty

For the third quarter in a row, eXp World Holdings reported phenomenal growth in all metrics. Record agent growth, record revenues, and record growth in transactions. Most importantly, record cash-flow. eXp Realty is on solid ground for the future. It’s been a record third quarter 2017 at eXp Realty: eXp Realty Third Quarter 2017 Record… Continue Reading

eXp Realty Second Quarter 2017 – Record Growth

eXp Realty Second Quarter 2017 – Record Growth

eXp Realty has reported statistics for the second quarter of 2017. We’ve seen more record growth as the company has reached over 4300 agents in August this year. Here are some highlights: Second Quarter 2017: eXp Realty Revenues in the second quarter of 2017 increased 198% over the second quarter of 2016. Revenues were $39.6… Continue Reading

eXp Realty Breaks More Records in 2016

eXp Realty Breaks More Records in 2016

It’s Been A Great Year for eXp Realty! This is our second year at eXp Realty and after 25 years in the industry, we feel like we’ve come home!  This company  has turned the real estate business model on it’s head, offering agents the complete package. The brokerage model has really not changed since 1908…until now. Agent-ownership is… Continue Reading