BELLINGHAM, Washington, September 12, 2023 (GLOBE NEWSWIRE) — eXp Real Estate®, “the most agent-centric real estate brokerage on the planet™” and the primary subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today welcomed Bean Group Brokered by eXp Realty as as the first brokerage company to join via Booster – The new eXp brokerage incentive program.
Bean Group was founded in 2003 with a focus on exemplary customer service, online marketing and state-of-the-art lead generation. The company quickly grew to become one of the premier brokerages 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 in Maine, Massachusetts, New Hampshire and Vermont.
The company is the first to join eXp Realty through its Boost program, designed to financially incentivize eligible independent teams and brokerages to join eXp Realty.
“The eXp platform was designed to help agents and teams succeed and thrive, and with Boost, we partner with independent teams and brokerages who share our values, culture and growth goals said Michael Valdes, Chief Growth Officer of eXp Realty. “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 places eXp third in market share in New Hampshire and second in Maine, up from 5 and 3, respectively.
“By joining eXp Realty, we get the best of both worlds,” said Michael Bean, CEO of Bean Group. “We can maintain our boutique culture, brand and heritage while adding the unmatched scale and resources of eXp Realty.” Its agent-centric culture and benefits align closely with ours, and with this transition, we will fulfill our mission of helping our agents and teams build successful real estate careers.
Booster 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 country of origin during the previous 12 months. period. International diplomas to be released. Additional qualifications apply. May not be affiliated with any non-independent franchise.
About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company of eXp Realty®Virbela and SUCCESS® Businesses.
eXp Realty is the world’s largest independent real estate company with more than 88,000 agents in the United States, Canada, United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, in Puerto Rico, Brazil, Italy and Hong Kong. , Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to expand internationally. As a publicly traded company, eXp World Holdings offers real estate professionals the unique opportunity to earn equity rewards for their production goals and contribution to overall company growth. eXp World Holdings and its businesses offer a full range of real estate brokerage and technology solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, a deeply social and collaborative immersive 3D platform, enabling agents to be more connected and productive. SUCCESS® Companies anchored in SUCCESS® magazine and its associated media properties, was established in 1897 and is a leading personal and professional development brand and publication.
For more information, visit https://expworldholdings.com.
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Statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current beliefs and assumptions and involve known and unknown risks and uncertainties that could cause Actual results, performance or events differ materially from those expressed or implied. in such statements. These forward-looking statements speak only as of the date hereof and the Company undertakes no obligation to revise or update them. These statements are not guarantees of future performance. Important factors that could cause actual results to differ materially and adversely from those expressed in the forward-looking statements include changes in business or other market conditions; the difficulty of maintaining spending 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 the Annual Report on Form 10-K.
Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com
Investor Relations Contact:
Denise Garcia
investors@expworldholdings.com
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