Emerging Brokerage
eXp Realty, the world’s fastest-growing real estate firm and a key subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has entered the New Zealand market. eXp Realty today has more than 80,000 agents in 21 markets across the world.
By complementing our existing businesses in Australia, India, and Hong Kong, our debut in New Zealand further strengthens eXp’s position in the Asia Pacific region,” stated Michael Valdes, President of eXp Global. “The New Zealand economy benefits from its strong ties to Australia, with a healthy housing market and a tech-focused society that is extremely adaptable to industrial innovations.” “With our unique concept, we are pleased to empower agents in New Zealand by facilitating their success.
Maria Stephens, who has more than a dozen years of expertise in the industry, will lead eXp’s real estate brokerage operations in New Zealand. Stephens has worked as an agent as well as in senior branch management, and she is passionate about giving back to her community.
Innovative Estate
EXp’s unique value offer, as a firm established by agents, for agents, will drive a significant development for real estate in New Zealand,” adds Stephens. “Through a highly competitive model, eXp provides our real estate community with the opportunity to join a worldwide powerhouse, complete with innovative tools, training, and the freedom to efficiently create a team and business.
eXp Realty has been able to rapidly expand across the globe because of its agile cloud-based work platform. Following the Dominican Republic and Greece earlier this year, New Zealand will be the third market to debut in 2022.
The business strategy of eXp Realty for residential and commercial real estate agents includes an appealing commission structure, as well as a revenue share model, which draws top agents from all over the world. Additionally, listing and selling operations earn agents’ stock in the company. The company’s immersive and collaborative virtual platform, Virbela, powers eXp Realty’s cloud-based brokerage, allowing its agents to connect, meet, and conduct business in its metaverse, eXp World.
Company growth
With over 80,000 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, the Dominican Republic, Greece, and New Zealand, eXp Realty is the world’s fastest-growing real estate company. eXp World Holdings, as a publicly traded corporation, offers real estate professionals the unique opportunity to earn stock rewards for meeting production objectives and contributing to overall company growth.
eXp World Holdings and its subsidiaries provide a full range of brokerage and real estate technology services, including an innovative residential and commercial brokerage model, professional services, collaboration tools, and personal development opportunities. Virbela, an immersive 3D platform that is intensely social and collaborative, powers the cloud-based brokerage, allowing agents to be more engaged and productive. SUCCESS Enterprises, a renowned personal and professional development brand, and journal, was founded in 1897 and is anchored by SUCCESS magazine and its affiliated media platforms.