A holding company for a number of businesses, eXp World
Holdings, Inc. (OTCQB: EXPI) operates as a full-source real estate brokerage
that provides 24/7 access to its 3D, fully-immersive cloud office environment.
The Agent-Owned Cloud Brokerage™ offers collaborative tools, training, and
socialization for real estate agents and brokers. The company believes that the
most important aspect of any real estate brokerage is its agents and brokers.
Therefore, eXp World Holdings offers a place where agents become part owners of
the company while building their businesses along with unity, knowledge, and
revenue inside the ‘Cloud Office Environment’.
A cloud office environment offers relevancy in a quickly
advancing technological world. Real estate consumers have access to more
knowledge and information, making them less likely to visit a brick and mortar
real estate office. These offices are beginning to diminish as more and more
professionals move toward services based online, because they understand that
consumers seek easy access to real estate materials. Also, brick and mortar
offices have high costs, such as utilities, insurance, rent, and staffing,
making cloud-based environments that much more appealing.
Though consumers desire easy and accessible real estate listings,
they still need agents, because the process of buying, selling, and finding a
home remains an emotional and confusing process. Agents and brokers have
valuable insights, knowledge of local markets, and the experience with
negotiations. eXp World Holdings understands this, which is why thousands of
consumers have already flocked to its resource searching for a perfect platform
to start the process. Its agents have the expertise and experience consumers
rely upon.
Since technology continues to evolve, eXp World Holdings
knows the importance of embracing innovation and progression. The company
offers brokers and agents the opportunity of earning equity awards for growth
contributions and a revenue sharing program based on the percentage of gross commissions
earned by fellow professionals brought into the company. With its business
model centering on increasing listings while decreasing overhead costs for
agents, eXp Holdings recorded an 84% increase in agent growth and 80% revenue
growth in 2015 alone. The company intends on continuing this impressive
progression through a technologically forward business strategy that helps
consumers and real estate professionals alike.
For more information, visit the company’s website at
http://investors.exprealty.com
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