Chris Highland - with EXP Realty in Maryland


Tag Archives: exp realty

eXp Realty Agent Count Reaches 70,000 Globally

eXp Realty Agent Count Reaches 70,000 Globally


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 new record. There were triple-digit percent gains in revenue (183%), gross profit (133%), earnings per share (300%), operating cash (185%), and net income (350%), as well. We saw an increase in agents of 87% since this time last year. 

Not only did we have an increase in agent count, it is clear that agents are doing more business, as all the triple-digit statistics show. Residential and commercial transactions increased 164%, and sales volume increased 210%.

What’s Driving eXp Realty’s Growth?

Agents in North America are seeing the value in this company, as Karen and I have for six years. Agents are the center of the company and are awarded many ways: stock awards for production and for sponsoring agents into the company, discount stock purchases, and a comparatively low cap. Add to that the generous revenue share that agents get every year, and you just can’t compare. What real estate company awards it’s agents for doing their job…selling real estate? or helping to grow the company? 

Yes, I know of companies that give a $100 bonus to an agent who brings another agent into the company. Our stock awards for sponsoring agents are much more valuable, especially as the stock increases in value. 

Add to that the dollar amount per year, every year, that we get from revenue share for this particular agent. We have a team of agents that goes seven levels deep, and the revenue share goes along with each of these agents. Learn more about Revenue Share.

Again, what other company values their agents with anything close to this kind of award?

eXp Realty Announced a Cash Dividend for Stockholders

Another big announcement this week was the cash dividend for stockholders, of which most agents are included…see the following points. The first cash dividend for stockholders of EXPI will be paid on August 30th, to shareholders of record at the close of business on August 16th. The dividend is $0.04 per share. Read more about EXPI.

  • *Upon an agent’s first completed transaction (full unit) in each calendar year with eXp Realty, the agent will be granted an award of $200 worth of eXp World Holdings, Inc. common stock.
  • *Upon capping ($16,000 in company commission during each anniversary year), agents will be granted an award of $400 worth of eXp World Holdings, Inc. common stock.
  • *When an agent directly attracts another agent to the company, and upon the sponsored agent’s first
    completed transaction with eXp Realty, the sponsoring agent will be granted an award of $400 worth of eXp World Holdings, Inc. common stock. 

And it should be mentioned: *Awards are subject to three years of continuous service and in good standing with eXp Realty from the award date. Sponsor awards require that both the sponsoring agent and the sponsored agent remain with eXp Realty and in good standing for three years from the award date. 


eXponential Growth Worldwide

eXp Realty has expanded into more countries in the last year. We are currently in 16 countries: United States, Australia, Canada, France, India, Mexico, Portugal, South Africa, and the United Kingdom, and in 2021, Eight new countries were open: Italy, Puerto Rico, Brazil, Hong Kong, Colombia, Spain, Israel, and Panama.


Growth in the eXp Family of Services

eXp recently announced a new joint venture with Kind Lending, a nationwide residential mortgage provider. It is called SUCCESS® Lending. Having purchased SUCCESS Enterprises in 2020, a 124-year-old personal development company, this JV will build on that heritage. (You may have seen Success Magazine on the grocery store or drug store magazine racks!) Kind Lending shares many company values with eXp Realty, most notably our core values of community and service.

In November of last year, eXp Commercial took a giant leap, expanding into all 50 states. Since then, eXp Commercial has offered two free commercial real estate trainings for any agent in any company. James Huang was hired as the President of eXp Commercial in September last year. Huang has over 20 years of commercial real estate experience.

In April 2021 eXp Commercial partnered with Reonomy, a property intelligence and technology company. This service will provide actionable commercial real estate insights, using artificial intelligence and machine learning.

eXp Realty is on a mission to add more services for agents and our customers to what we already offer: Showcase IDX, Verbella,

AND eXp Partners: Intro-Lend, Silverline Title & Escrow, Express Offers, America’s Preferred Home Warranty, Utility Connect, Build-A-Sign, eXp 360 Tours, Currencies Direct, the CE Shop, Young Alfred.

The Awards Keep Coming!

For the fourth consecutive year, eXp Realty has been named as one of the best places to work as part of Glassdoor’s Employees’ Choice Awards. eXp Realty is among the 100 companies in the U.S. to receive this honor in the large business category.

If you would like more information on eXp Realty, please don’t hesitate to call: Chris Highland, 301-401-5119, for a candid, no-pressure conversation about our 6 year experience with eXp Realty.

*From the eXp Agent Equity Award Plan Disclosure

eXp Realty is an eXp World Holdings, Inc. (NASDAQ: EXPI) company. eXp World Holdings also houses eXp World Technologies, LLC, which operates the VirBELA platform.

eXp Realty is the first, cloud-based real estate brokerage, the largest residential real estate brokerage by geography in North America, and the first and only real estate brokerage to operate as one company-owned brokerage in all 50 U.S. states. It is one of the fastest growing real estate brokerage firms in North America.  As a publicly traded company, eXp World Holdings uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.

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 Revenue Share – Is it Sustainable?

EXP Realty Revenue Share – Is it Sustainable?

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

The Brokerage of My Dreams

The Brokerage of My Dreams

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

eXp Realty Technology Tools Get an Upgrade

eXp Realty Technology Tools Get an Upgrade

eXp Realty Technology As a cloud brokerage, the unique aspect of eXp Realty is our virtual world, “eXp World”, a cloud-based office. It is software that you download on your computer, by gaming company/software developers VirBELA, and our world is a proprietary platform for eXp Realty. Agents and staff and guests enter the world as… Continue Reading

eXp Realty Has An Agent Advisory Board

eXp Realty Has An Agent Advisory Board

In the words of eXp Realty President Jason Gesing: “When we made the decision to become a public company in 2013 in order to achieve an industry first – a publicly-traded real estate brokerage where the agents and brokers of the brokerage were also its shareholders – a fundamental pillar in the principle of ownership… 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

eXp Realty Drives Revenue Increase of 112% in Third Quarter 2016

eXp Realty Drives Revenue Increase of 112% in Third Quarter 2016

eXp World Holdings, Inc. Reports Record Revenue and Growth Yesterday,  eXp World Holdings, Inc. (OTCQB: EXPI), released its third quarter financial results. “Revenues were $15.7 million, up 112% from $7.4 million for the 3 months ended September 30, 2016 vs 2015, respectively. Total Stockholder’s Equity is up 141% to $2.0 million as of September 30, 2016… Continue Reading