eXp India adds over 1000 real estate agents in the year of launch
Update: Oct 28, 2021 7:50 PM STI
New Delhi [India], Oct. 28 (ANI / NewsView): eXp India, a subsidiary of eXp World Holdings (NASDAQ: EXPI) has on-boarded more than a thousand real estate agents across India since their launch 10 months ago. A growing number of agents continue to join cloud-based brokerage every day, signaling a marked trend in the way real estate transactions are conducted after the pandemic.
EXp’s cloud brokerage is powered by the company’s immersive and collaborative platform, which enables its agents to communicate, meet and conduct business in a virtual world. Named eXp World, the cloud-based platform includes meeting rooms, presentation materials, conferences, plenty of training and networking opportunities, a myriad of ways to customize the virtual avatar and much more. eXp India also offers a unique compensation model for agents with attractive incentives and options to earn additional income by helping to grow the company’s agent base globally and earning through activities of SEO and sales.
âWe entered the Indian market in the last quarter of 2020 excited about the opportunities here, and the past 10 months have seen phenomenal growth. The Indian market has incredible potential, and the real estate agents themselves are talented and knowledgeable about market trends. We have witnessed an extraordinary adoption of the eXp working model and are confident that our footprint will continue to grow and attract agents looking to break the status quo, âsaid Michael Valdes, president of eXp.
âWe are working to build a solid foundation for an extremely progressive and transparent real estate industry in India. With this in mind, we give all of our agents world-class training, flexibility and support, and have seen immense interest for the market as Our agents enjoy advantages unheard of in the industry, such as the ability to acquire shares and an attractive commission model that encourages more entrepreneurial-minded agents, as well as existing brokerage houses to join our growing virtual community, âsaid Shashank Vashishtha, Executive Director of eXp India.
In India, eXp operates in Delhi and NCR, MMR and Pune, Goa, Bengaluru, Hyderabad, Chennai, Kolkata, Indore, Lucknow, Agra, Jaipur, Ahmedabad, Surat, Baroda, Chandigarh, Ludhiana, Amritsar, etc. commercial and residential real estate. The brand began operations by obtaining RERA licenses in 15 states. At present, eXp India is working with 25+ developers with 100+ projects and 3000+ property listings on their website and is looking to secure RERA licenses for 5 more states soon. The company has also experienced exponential growth internationally over the past 12 months. eXp Global has launched operations in 14 countries, including India, in the past 12 months and has exceeded more than 67,000 agents, making it the fastest growing real estate brokerage. eXp is now present in 18 countries around the world.
eXp India and its global brokerage firm, eXp Realty, is one of the world’s fastest growing real estate technology companies with over 67,000 agents in US, Canada, UK, Australia , South Africa, India, Mexico and Portugal. , France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Germany and Panama. As a publicly traded company, eXp World Holdings offers real estate professionals the unique opportunity to earn equity rewards for production goals and contributions to the overall growth of the business. eXp World Holdings and its businesses offer a full suite of real estate brokerage and technology solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. Cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive.
Statements contained in this document may include statements of future expectations and other forward-looking statements that are based on the current beliefs and assumptions of management 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 assumes no obligation to revise or update them. These statements include, but are not limited to, statements on the economic and social effects of the COVID-19 pandemic; the continued growth of our agent and broker base; the expansion of our residential real estate brokerage activities in foreign markets; the demand for remote work and distance learning solutions and virtual events; the development of our new commercial brokerage and our ability to attract commercial real estate brokers; and revenue growth and financial performance. 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 expenditure growth at modest levels while increasing income; and other risks detailed from time to time in filings with the Company’s Securities and Exchange Commission, including, but not limited to, the latest Quarterly Report on Form 10-Q and the Annual Report on Form 10-K.
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