eXp Realty Supercharges Agent Earning Potential
BELLINGHAM, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) -- 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 Accelerate – an incentive program focused solely on helping eXp agents build for their future by maximizing their revenue share earning potential during their first year with the company.
“In the lifespan of an agent, a critical component of long-term success is the ability to build for their retirement, so we launched Accelerate to help catalyze their potential earnings and create momentum in the first year and build for their future,” said Glenn Sanford, Founder and CEO of eXp Realty. “We continue to be relentlessly focused on delivering a model that puts agents first. I couldn’t be more proud of what we have created, especially for those looking to build long-term wealth, with our revenue share and equity programs for agents, as well as a favorable cap and split model.”
Accelerate, which is available in all 24 countries where eXp Realty operates, applies to agents who joined on or after March 1, 2023. The program automatically opens revenue share tiers 2 and 3 for 12 months beginning Sept. 7, 2023, creating the opportunity to have 10 front line qualifying agents (FLQA) immediately. This can open up the eXponential components of eXp’s revenue share program in that first year. After the 12-month period, standard revenue share criteria will apply.
“Accelerate was designed to reduce barriers and incentivize agents to grow their organizations,' said Michael Valdes, Chief Growth Officer, eXp Realty. “It enables them to focus on selling and growing their businesses while earning the maximum potential revenue share for tiers two and three for the first year. Our aligned compensation model, where agents are rewarded for both production and contributions to eXp’s growth, brings more value than ever before.”
This launch comes on the heels of the company’s June announcement that, for the first time, was refining revenue share criteria for its agents, reducing the current FLQA tier 7 threshold from 40 to 30 FLQA. As part of its efforts to continually enhance its model, the company also launched Boost, a program designed to financially incentivize qualifying independent teams and brokerages to join eXp Realty.
Revenue share is just one part of eXp Realty’s aligned compensation model, which also includes competitive commissions and stock equity programs designed to enable its agents to build for their future.
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 Garcia
investors@expworldholdings.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/04ad7948-9819-48ea-92e3-6e0804785bab

TIN LIÊN QUAN
Actifai delivers WOW! AI-powered platform for digital
Actifai’s platform will streamline customer engagements and help WOW! deliver informed offer recommendations to better meet evolving consumer needs...
THỦ THUẬT HAY
Đăng xuất Facebook từ xa, tránh bị kẻ xấu lợi dụng
Đầu tiên, các bạn vào ứng dụng Facebook trên iOS, Android, giao diện mỗi nền tảng một khác nhưng tương đối giống nhau, mình lấy ví dụ Facebook trên iPhone.
5 mẹo khắc phục mạng 4G yếu trên smartphone
Thỉnh thoảng bạn sẽ trải qua những lúc phải chờ đợi quá lâu để điện thoại tải xong một trò chơi hay trang chủ Facebook. Một trong những nguyên nhân cho sự khó chịu này chính là chất lượng mạng 4G của điện thoại. Vậy
Giảm tải máy chủ bằng Module Memcache trên Linux
Với một Website có lưu lượng truy cập lớn hàng nghìn lượng truy cập / phút đây Module Memcache chính là giải pháp giảm tải máy chủ với cấu hình tầm trung có thể giảm tải tạm tới 60% RAM khi chưa cài đặt ứng dụng này.
Hướng dẫn gõ tiếng Việt có dấu khi dùng kiểu gõ Telex, VNI và VIQR
Thực tế thì kiểu gõ chủ yếu mà chúng ta sử dụng là Telex, đây cũng là kiểu gõ mà chúng ta có thể sử dụng trên mọi trình duyệt, công cụ chat hay Facebook, Zalo, Viber, Skype ...
Cách thay đổi Font chữ trên điện thoại Oppo F1s
Nếu sở hữu smartphone Oppo và cảm thấy nhàm chán với Font chữ mặc định trên máy. Tham khảo bài viết sau để biết cách thay đổi Font chữ trên điện thoại Oppo nhé!
ĐÁNH GIÁ NHANH
Samsung đã khẳng định vị thế dẫn đầu ngành công nghiệp di động thế nào trong mùa dịch?
Thành công vượt bậc từ hai sản phẩm Galaxy đột phá Samsung Galaxy Z Flip3 5G và Galaxy Fold3 5G đã là minh chứng rõ ràng cho vị thế dẫn đầu ngành công nghiệp của Samsung trong mùa dịch. Vượt qua những khó khăn về mọi
Đánh giá Lenovo Ideapad 700-15ISK: laptop chơi game gọn nhẹ, năng động
Ideapad 700-15ISK là mẫu laptop cao cấp chuyên dành cho mục đích chơi game, được Lenovo giới thiệu ra thị trường vào đầu năm 2016.
Những tính năng mới trên Apple Watch Series 7 rất đáng để nâng cấp
Apple Watch Series 7 là mẫu đồng hồ thông minh mới nhất của Apple và cũng là thiết bị đeo tay được mong chờ nhất trong năm nay. Dù không được 100% như mong đợi nhưng những tính năng mới trên Apple Watch Series 7 rất