eXp Realty Welcomes Bean Group Brokered by eXp Realty
12 Setembro 2023 - 5:30PM
eXp Realty®, “the most agent-centric real estate brokerage on the
planet™” and the core subsidiary of eXp World Holdings, Inc.
(Nasdaq: EXPI), today welcomed Bean Group Brokered by eXp Realty as
the first brokerage to join through Boost – eXp’s newly
launched brokerage incentive program.
Bean Group was founded in 2003 with a focus on exemplary
customer service, online marketing, and technology-forward lead
generation. The company grew quickly to be a top brokerage in
Northern New England. Today their annual sales volume exceeds $1.5
billion and they are one of the largest brokerages in New England,
with hundreds of real estate professionals across Maine,
Massachusetts, New Hampshire and Vermont.
The company is the first to join eXp Realty through its Boost
program, which was designed to financially incentivize qualifying
independent teams and brokerages to join eXp Realty.
“The eXp platform was built to help agents and teams succeed and
thrive, and with Boost we are joining together with independent
teams and brokerages that share our values, culture and growth
goals,” said Michael Valdes, eXp Realty Chief Growth Officer. “Bean
Group agents can now immediately start reaping the benefits of our
agent-centric culture and aligned compensation model.”
The combined market share of Bean Group and eXp Realty puts eXp
at No. 3 by market share in New Hampshire and No. 2 in Maine, up
from No. 5 and 3 respectively.
“By joining eXp Realty, we get the best of both worlds,” said
Bean Group CEO Michael Bean. “We can maintain our boutique culture,
brand and heritage while adding the unparalleled scale and
resources of eXp Realty. Its agent-centric culture and benefits
align closely with ours, and with this transition, we will deliver
on our mission to help our agents and teams build successful real
estate careers.”
Boost launched in June to provide financial incentives to
independent teams and brokerages that are culturally aligned with
eXp Realty, 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.
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:eXp World Holdings,
Inc.mediarelations@expworldholdings.com
Investor Relations Contact:Denise
Garciainvestors@expworldholdings.com
A photo accompanying this announcement is available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/5fe94f9c-bc13-4d43-9a04-9ecdb86d5e2e
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