eXp World Holdings, Inc. (EXPI) Adds Boston’s Landmark Group to Agent-Owned Cloud Brokerage™
Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of Sally and Stephen Koss, founders of the respected Landmark brand in Greater Boston, to its Agent-Owned Cloud Brokerage™ after more than three decades as franchisees under the RE/MAX (NYSE: RMAX) umbrella. Over the past 31 years, Sally and Stephen Koss have successfully developed one of the strongest real estate brands in Southern New England, operating a number of offices throughout the state of Massachusetts. Their decision to exit the RE/MAX system in favor of eXp Realty’s high-engagement, low overhead business model highlights the marketability of the company’s innovative agent-ownership model in the rapidly evolving real estate industry.
“With eXp we have access to ground-breaking real estate technology to better serve our agents and clients,” Sally Koss stated in today’s news release. “Most importantly though, we are able to thank our agents by providing them with the very same opportunities that we have — ownership as fellow shareholders able to build organizations within and across markets.”
In addition to offering equity incentives to its agents and brokers, eXp Realty has developed a comprehensive cloud environment designed to offer the systems, support, culture and community required for its agents and brokerage-owners to thrive despite the unpredictability of the economic landscape. This formula has proven extremely popular, with EXPI’s agent base surpassing 1,100 members in the first quarter of 2016, marking a 100 percent year-over-year increase. The company built on this success last week when it was named among the best places to work by both The Washington Post and the Atlanta Journal-Constitution, and this recognition is catching the attention of some of the country’s most seasoned and successful real estate professionals.
“While there are other companies in the industry that are publicly held, the driving force behind eXp’s public company status is to give direct ownership to its agents and brokers,” continued Koss. “That’s a game-changer for us.”
Coming off a first quarter during which it achieved year-over-year revenue growth of 107 percent to more than $7.1 million, EXPI’s success in attracting top-level agents and brokers such as Sally and Stephen Koss sets the stage for additional financial growth. In line with this goal, the company is seeking to deliver a value proposition that outpaces anything the competition has to offer, effectively making it “irresponsible for an agent and broker to hang their license anywhere else,” according to Glenn Sanford, chairman and CEO of EXPI. eXp Realty’s Agent-Owned Cloud Brokerage™ currently includes more than 1,240 real estate professionals spanning 38 states and Alberta, Canada.
For more information, visit the company’s website at http://investors.exprealty.com
Please read full disclaimers at http://disclaimer.missionir.com
Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of Sally and Stephen Koss, founders of the respected Landmark brand in Greater Boston, to its Agent-Owned Cloud Brokerage™ after more than three decades as franchisees under the RE/MAX (NYSE: RMAX) umbrella. Over the past 31 years, Sally and Stephen Koss have successfully developed one of the strongest real estate brands in Southern New England, operating a number of offices throughout the state of Massachusetts. Their decision to exit the RE/MAX system in favor of eXp Realty’s high-engagement, low overhead business model highlights the marketability of the company’s innovative agent-ownership model in the rapidly evolving real estate industry.
“With eXp we have access to ground-breaking real estate technology to better serve our agents and clients,” Sally Koss stated in today’s news release. “Most importantly though, we are able to thank our agents by providing them with the very same opportunities that we have — ownership as fellow shareholders able to build organizations within and across markets.”
In addition to offering equity incentives to its agents and brokers, eXp Realty has developed a comprehensive cloud environment designed to offer the systems, support, culture and community required for its agents and brokerage-owners to thrive despite the unpredictability of the economic landscape. This formula has proven extremely popular, with EXPI’s agent base surpassing 1,100 members in the first quarter of 2016, marking a 100 percent year-over-year increase. The company built on this success last week when it was named among the best places to work by both The Washington Post and the Atlanta Journal-Constitution, and this recognition is catching the attention of some of the country’s most seasoned and successful real estate professionals.
“While there are other companies in the industry that are publicly held, the driving force behind eXp’s public company status is to give direct ownership to its agents and brokers,” continued Koss. “That’s a game-changer for us.”
Coming off a first quarter during which it achieved year-over-year revenue growth of 107 percent to more than $7.1 million, EXPI’s success in attracting top-level agents and brokers such as Sally and Stephen Koss sets the stage for additional financial growth. In line with this goal, the company is seeking to deliver a value proposition that outpaces anything the competition has to offer, effectively making it “irresponsible for an agent and broker to hang their license anywhere else,” according to Glenn Sanford, chairman and CEO of EXPI. eXp Realty’s Agent-Owned Cloud Brokerage™ currently includes more than 1,240 real estate professionals spanning 38 states and Alberta, Canada.
For more information, visit the company’s website at http://investors.exprealty.com
Please read full disclaimers at http://disclaimer.missionir.com
