eXp Realty Announces Program for Culturally Aligned Independent Teams and Brokerages
29 Junho 2023 - 10:00AM
eXp Realty®, “the most agent-centric real estate brokerage on the
planet™” and the core subsidiary of eXp World Holdings, Inc.
(Nasdaq: EXPI), today announced the launch of its Boost program,
designed to financially incentivize qualifying independent teams
and brokerages to join eXp Realty.
As part of this program, eXp Realty will provide financial
incentives to independent teams and brokerages that are culturally
aligned, have more than 50 agents and a minimum of $100 million
(US/CAN) in sales volume in the originating country over the
previous 12-month fiscal period. International qualifications to be
released. Additional qualifications apply. Cannot be affiliated
with any non-independent franchise.
“We’re laser-focused on attracting and retaining the best agents
in the business,” said Glenn Sanford, founder and CEO of eXp
Realty. “Boost aligns the interests of independent teams and
brokerages with eXp Realty through a shared commitment to our
values, culture and growth goals. Our platform is designed to help
individual agents and teams thrive. We understand the pressures
that down markets place on independent teams and brokerages, and
this program is intended to alleviate that stress and streamline
the transition process.”
To ease any potential financial barriers to entry, Boost
provides an incentive model that simplifies a move to eXp Realty.
Once onboarded, the new brokerage can immediately begin reaping the
benefits of joining eXp Realty, including stock equity, no overhead
costs, no brokerage risk or liability, brokerage support and
operations, agent support and services, revenue share opportunities
and much more.
“eXp Realty is here to help you boost your business with
financial incentives while transitioning to our ecosystem,”
explained Michael Valdes, Chief Growth Officer, eXp Realty. “Our
aligned compensation model, where agents are rewarded for both
production and contributions to eXp’s growth, brings more value
than ever before.”
Leo Pareja, eXp Realty Chief Strategy Officer, continued, “We
are always challenging the status quo, especially when it comes to
how we support our agents. Our commitment to providing our agents
and brokers with a unique and empowering cloud-based platform has
been central to our continued growth. We continue to experience a
shift in the market and our goal is to grow together with
independent teams and brokerages interested in joining us.”
Qualifying Criteria
- As part of this program, eXp Realty will provide financial
incentives to independent teams and brokerages that are culturally
aligned, have more than 50 agents and a minimum of $100 million
(US/CAN) in sales volume in the originating country over the
previous 12-month fiscal period. International qualifications to be
released. Additional qualifications apply.
- Cannot be affiliated with any non-independent franchise.
- Must be culturally aligned with and committed to adhering to
the eXp Realty model.
- Must be invested in their continued growth with eXp
Realty.
- Must participate in the eXp Realty revenue share and agent
equity programs.
- Must agree to incentive and retention terms and timelines.
eXp Realty reserves the right, in its sole discretion, to
determine which qualifying independent teams and brokerages and the
financial incentives that it will select and approve.
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 largest independent real estate company in the
world with more than 88,000 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, New
Zealand, Chile, Poland and Dubai 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.
Safe Harbor Statement
The statements contained herein may include statements of future
expectations and other forward-looking statements that are based on
management’s current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in such statements. Such forward-looking statements speak
only as of the date hereof, and the company undertakes no
obligation to revise or update them. Such statements are not
guarantees of future performance. Important factors that may cause
actual results to differ materially and adversely from those
expressed in forward-looking statements include changes in business
or other market conditions; the difficulty of keeping expense
growth at modest levels while increasing revenues; and other risks
detailed from time to time in the company’s Securities and Exchange
Commission filings, including but not limited to the most recently
filed Quarterly Report on Form 10-Q and Annual Report on Form
10-K.
Media Relations Contact:Jennifer ZimmermaneXp
World Holdings, Inc.mediarelations@expworldholdings.com
Investor Relations Contact:Denise Garcia,
Managing PartnerHayflower
Partnersinvestors@expworldholdings.com
A photo accompanying this announcement is available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/3f8ba6d7-bbe4-407d-824f-0389a57625e7
eXp World (NASDAQ:EXPI)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
eXp World (NASDAQ:EXPI)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024