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Is Stock An Option In Your Company?

One of the outstanding benefits of eXp Realty is the opportunity for our agents to participate in stock ownership.  As a matter of fact, with eXp Realty every agent is a stock owner after they make there first closing.

The company offers 6 different opportunities to own stock.

1) Upon your first sales transaction
2) When you cap
3) When you attract another agent to the company
4) Direct Stock Purchase Program
5) When you hit ICON status
6) Personal purchase of stock

I’ll be glad to explain each program.  I think you will be amazed!

Give me a call – Let’s talk – 864.414.4675 or email me at jim@jimgirard.com. Strictly Confidential

Posted in Agents, Culture, eXp

eXp Realty Hosts National Conference, Now Exceeds 5,000 Real Estate Agents Across North America

Oct 10, 2017 (Marketwired via COMTEX) — More Than 2,000 Agents Joined the eXp Family During the Past Seven Months

FORT LAUDERDALE, FL–(Marketwired – October 10, 2017) – eXp Realty, LLC, the Agent-Owned Cloud Brokerage and a subsidiary of eXp World Holdings, Inc. (otcqb:EXPI), today announced at its fourth annual national conference, EXPCON 2017, that the company surpassed 5,000 real estate agents across North America.

This important company milestone represents 175 percent growth from the same time last year. In the last seven months, more than 2,000 agents joined the eXp Realty family. Also during the past year, the company launched in four additional U.S. states……CONTINUE READING

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Inman News – Kee Wah Chung, VP Agent Experience at eXp Realty Speaks to 1,000 Brokers on Virtual Offices

By invitation Kee Wah Chung, Vice President of Agent Experience at eXp Realty was asked to speak to 1,000 brokers about running a virtual office.  Kee Wah offers some good insight into what is necessary to have a successful business model in a virtual world.

I am often amazed at how in one breath outside agencies think our business model is too far fetched, and then, as is apparent just by the fact that Kee Wah was asked to speak on this subject, they are trying to find ways to implement the same format into their own system.  Since I started with eXp Realty it has always been on the cutting edge of technology.  It was started in a virtual environment and is now light years ahead of the competition.  We strive forward as others try to catch up.

“It was very evident that brokers were interested in delivering a virtual experience — they just didn’t know where to start or what to think about”. – Kee Way Chung

I walked away from the experience with a renewed sense of how special eXp is and that we are really doing something different than any other brokerage in North America. We are leading the way in driving next-gen engagement for agents, brokers, and staff by delivering a robust, cloud-based experience through eXp World. It’s an exciting time to be with eXp Realty!

CLICK HERE FOR THE FULL ARTICLE

 

 

Posted in Brokers, Culture, eXp

Former KW Agent – eXp Has Changed My Life


Jeff Whitespeare
 :

I was with Keller Williams and didn’t like that I didn’t have any ownership in the company nor did I have a stable retirement plan. I now have two daughters and the opportunity exp has given me will provide stability for my family for years to come.

My team and I sell close to 200 homes a year and without my daily work routine that wouldn’t happen. At my previous brokerage without me working 50 plus hours a week and spending 30,000 a year on lead generation sites (boomtown, top producer, etc) my business would fail and my families stability would be at risk. Moving to eXp and utilizing Kunversion has saved me $30,000 a year in lead generation fees. I’ve only been with eXp for 12 months and have earned close to 25,000 shares of the company and have created a monthly residual income that I can retire on and that WILL create generational wealth and peace knowing my two girls will be taken care of. EXP has changed my life and it will change yours.

I’ve only been with eXp for 12 months and have earned close to 25,000 shares of the company and have created a monthly residual income that I can retire on and that WILL create generational wealth and peace knowing my two girls will be taken care of. EXP has changed my life and it will change yours.

Posted in Culture, eXp

eXp Realty Launches Agent Ownership Initiative

 

Multiple Stock Ownership Opportunities Available to Cloud Brokerage’s Agents

BELLINGHAM, WA – March 25, 2014 – eXp Realty International Corporation (OTCBB: EXPI), the Real Estate Cloud Brokerage, announced today the launch of an Agent Ownership initiative that provides a number of opportunities for agents and brokers to become significant shareholders in the Company.

“The greatest asset that any real estate brokerage possesses is the group of agents and brokers who are a part of it. In our view, those agents and brokers should be owners and beginning today at eXp Realty, they will be,” said eXp Realty President Jason Gesing, during a Special Meeting of the Company inside its Cloud Office on Friday.

The new initiative has multiple components but beginning today and retroactive to January 1, 2014 the Company will issue 100 shares of stock to each agent and broker for their first transaction in 2014. The Company will also issue 1000 shares to any agent who caps in 2014. 1000 shares will also be issued to any agent or broker who attracts another agent into the Company upon the closing of that new agent’s first transaction.

Each of these awards will be made as a part of a formal stock compensation plan to be adopted later in the year. The Company also anticipates adopting a voluntary program (technically an “ESOP”) pursuant to which agents and brokers will be allowed voluntarily to contribute a portion of commission dollars and/or revenue sharing dollars to the purchase of Company stock at a discount.

“Our status now as a public company really allows us to build a brokerage that is owned by its agents. We have put together some pretty unique opportunities for all of our agents, as well as for iconic agents in their marketplaces and for brokerage owners,” said Gesing. “We believe that this, in addition to our aggressive gross revenue sharing plan, is just one more way in which our agents can achieve financial independence.”

Recently, the Company incentivized the migration of a 19 agent brokerage firm in Atlanta, Georgia using stock as a leverage point in combination with the value propositions of the Company’s core business model. Since the team in Atlanta joined eXp Realty, the size of the Company’s agent and broker population in the region has doubled and the Company has retained 100% of the agents in the region.

“Through our culture, technology, and collaborative and supportive environment, we can offer to a group of agents what it is that they need to be competitive in the industry today,” said Gesing. “At the same time, we can offer broker owners something of significant value for what they have been able to build, while allowing them to scale their businesses in ways previously not possible. Ultimately, agent ownership speaks to the opportunity to own your career and at eXp we’re interested in attracting real estate professionals who want to take charge of their career and their future and take ownership of both.”

About eXp Realty International Corporation

From its inception, eXp Realty has been engaged in the marketing and sale of residential real estate, with the goal of being the first truly cloud-based, full-service, global real estate brokerage company delivering around-the-clock access to collaborative tools and professional development for managing real estate brokers and agents. The business model was created to increase brokers’ and agents’ listings and sales, while reducing their overhead and capital requirements. eXp Realty currently has agents in 29 states and in Canada. For more information, CLICK HERE

You can also follow eXp Realty International on Twitter, LinkedIn, Facebook, YouTube and on the eXp Realty YouTube Channel.

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.

 

Posted in Agents, Culture, eXp, News0 Comments

eXp Realty Featured in 2013 Swanepoel TRENDS Report; Similarities Drawn with Amazon.com

eXp Realty International, Inc. is honored to be included in the 2013 edition of the Swanepoel TRENDS Report.

Two years ago, Stefan Swanepoel designated eXp Realty as one of six up-and-coming companies to watch. In this year’s report, eXp Realty is profiled as having one of the three models that The Trends Report sees as a viable business model for the future for broker owners.

trends_2013The 2013 edition of the Swanepoel TRENDS Report suggests in Trend #2 – The Real Estate Office of the Future, that there are three models that show long term promise. They are:

  • the large market center concept similar to the model Keller Williams has developed
  • the cafe style brokerage that is boutique and intimate with comparisons to select RE/MAX offices
  • the less capital-intensive, cloud-based option that eXp Realty has introduced to the global marketplace

The report draws a strong comparison between eXp Realty and Amazon.com and positions the company as poised to grow as the first (and currently only) real estate cloud brokerage. The report identifies the cloud-based model as a powerful new innovation whose time has come — and eXp Realty as the company leading the charge.

About the Swanepoel TRENDS Report
Only one annual report has, for the last eight years, summarized important industry facts and made them available in an objective and “advertising free” format. This has shaped the Swanepoel TRENDS Report into the most anticipated and valued resource of market intelligence available for real estate professionals.

About eXP
eXp Realty, The Global Real Estate Cloud Brokerage, has effectively eliminated traditional brick and mortar environments and the costs associated with them,  in favor of a national full service, collaborative cloud-based environment where agents, brokers and staff work together across state borders while learning and transacting business from anywhere in the world. eXp Realty is presently in 28 states and Canada with additional international expansion planned in 2013..

Learn more about eXp Realty and its culture of providing agents with extraordinary systems, support, profitability and community.  CLICK HERE   or just give me a call –  Jim Girard 864.414.4675

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eXp Realty Agents Find a Place in the Cloud

BELLINGHAM, WA – To continue providing first-class support to its professionals, eXp Realty is Screen Shot 2015-08-06 at 2.31.22 PMentering into a partnership with Regus Business Lounges, giving its cloud-based agents space on the ground to meet clients or have a place to call home while on the go.

eXp Realty agents will have free access to Business Lounges in more than 1200 locations across the globe — including most US states, 95 countries and such exotic vacation spots as Cape Town, Dubai and Monte Carlo.

Regus Business Lounges include fully-equipped offices and professional administrative support from center teams as well as access to free Wi-Fi. meeting rooms, day offices and video communications. Another plus for eXp Agents — Regus Business Lounges are a great place to network!

About Regus
Regus is the world’s largest provider of flexible workplaces. Over a million customers a day benefit from our locations spread across almost 100 countries. With our ever expanding range of innovative products and services we enable people to work their way whether it’s from home, on the road or from an office. Visit regus.com for more information.

About eXP
eXp Realty, The Global Real Estate Cloud Brokerage, has effectively eliminated traditional brick and mortar environments and the costs associated with them  in favor of an international, full service, collaborative, cloud-based environment where agents, brokers and staff work together across borders while learning and transacting business from anywhere in the world. eXp Realty is in 29 states and growing rapidly.

Learn more about eXp Realty and its culture of providing agents with extraordinary systems, support, profitability and community CLICK HERE

 

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eXp Realty Celebrates Three Years of Innovation

This month, eXp Realty is celebrating its third anniversary by welcoming its 28th state broker, Guy Allen, who will head up the eXp office in Washington, DC.

Launched in 2009, eXp Realty is a fast-growing, international real estate brokerage that is using rapid advances in technology to aggressively grow and keep costs of running a brokerage low while most other firms are struggling just to survive in what is thought of as one of the toughest markets in which to operate.

“It’s been awesome to watch eXp become a place where top real estate professionals come together daily to collaborate on solutions to real time industry challenges,” says Brian Culhane, Co-Founder and Chief Cultural Officer of eXp Realty.

A unique combination of innovative technologies, a highly competitive financial split and what is currently the most aggressive revenue share model in the industry resulted in eXp Realty being chosen as one of the most Innovative Brokerages by Inman News in 2011. Founder and CEO, Glenn Sanford was also recognized that year as one of the Top 100 Most Influential People in the Real Estate Industry by the same publication.

“It’s amazing how starting with the simple concept of keeping costs low and engagement high has resulted in eXp Realty being recognized year after year as one of the industry’s most innovative companies,” says CEO Glenn Sanford.

Learn more about eXp Realty, its customer-centric focus and extraordinary agent service  by clicking the banner below.

 

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eXp Realty Rides Up In The Clouds

 

A National Cloud-Based Real Estate Brokerage™.

eXp realty has an inter-connected infrastructure of people, tools, offices, and information residing and working efficiently in the cloud, an on-demand network of shared resources and ideas. eXp Realty is a national real estate brokerage helping buyers and sellers in 19 states.

eXp Realty agents and brokers collaborate in an online 3D immersive environment from home offices, corporate locations, coffee shops, and around the world. Meetings, training, weekly classes, and real-time access to transaction and marketing teams are available and frequent.

Real estate transactions are managed in the cloud with three-way communication between broker, agent, and admin staff, eliminating much of the need to print, fax, and email documents. Detailed transaction checklists and a completely paperless environment benefit agents and company, as well as the Environment as a whole.eXp Cloud

Websites are hosted on a company network and provided free to agents. An in-house web solution team is dedicated to building and enhancing the web presence in group training and one-on-one sessions.

eXp Realty training and support are provided in the cloud. Weekly events, XCamp, workshops, and guest lectures are made available online live and then recorded for 24/7 viewing making the eXp Cloud a persistent learning environment for new and experienced agents.

Ready to work in the Cloud? Call me!

Jim Girard, Managing Broker for South Carolina (864) 414-4675

 

Posted in Culture, eXp, News0 Comments

Is Your Real Estate Business Growing?

How Are You Running Your Business Now

Think about how you do business now.  Do you find that you spend more time working from home than you do from your broker’s office?  Most agents have adapted that concept as a way to eliminate the cost of desk fees and other fees charged by their firm.   My question is has your broker increased your commission split since you are not using his resources?  Probably not.

We are independent contractors in our industry.  Unfortunately many agents don’t adapt that reality well enough.  Instead they hold on to a firm with the hope that the national brand name, or referrals from that company will sustain them in the business.

It’s Up To You To Generate Your Own Business

Truth of the matter is that you are an independent contractor which means that it is up to you to generate your own business.  Years ago when the industry was booming it was great going to the office and catching a few calls, getting some stray leads.  It is different now.  We need to generate our own business and most brokers, even large firms are lost with how to teach their agents ways to do that. Thats why we are seeing more and more firms, even big name companies, close their doors.  The agents are left floundering around trying to find a place to hang their license and learn new ways to generate income.  Most of them move their license from one sinking ship to another.

Possibly you agree with me and see that the industry is changing.  The bricks and mortar concept of doing real estate is going by the way side and a new format of operating the business is emerging.

If you are interested in taking a look at how we work through a virtual environment let’s get together and discuss it.  The business of working with clients hasn’t changed, but our approach to the business sure has.

Read on, fill out the form, or call me direct:
Jim Girard (864) 414.4675

Additional Information:

Introduction to eXp Realty
Is Your Real Estate Business Growing
eXp Revenue Share Program Changes The Game
What Got My Interest In eXp Realty
eXp Explained Slide Presentation

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