Revenue share and equity paid to agents and brokers highlight eXp Realty's steadfast dedication to fostering agent growth and success through innovative compensation structures:
- Revenue share to agents was
$197.9 million in 2023. - Through its innovative agent growth incentive program,
eXp World Holdings issued approximately 2.22 million EXPI shares to eXp Realty agents and brokers in 2023, with an estimated value of approximately$34.7 million , showcasing a commitment to agent ownership and wealth-building opportunities. - Despite market challenges, eXp Realty continued to lead by distributing an unparalleled amount of profit/revenue share and equity benefits to agents and brokers, more than any other real estate brokerage model or platform.
"Our mission is simple: empower agents to succeed and solve their biggest pain points,” said
Sanford further added, "Our unique approach to agent compensation and equity ownership is a testament to our belief in shared success. As we continue to build in the evolving real estate landscape, our focus remains on empowering agents, fostering their growth, and ensuring they have a significant stake in the collective success of our company."
About
eXp Realty is the largest independent real estate company in the world with more than 86,000 agents in
For more information, visit https://expworldholdings.com.
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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. These statements include, but are not limited to, statements about financial performance. 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; outcomes of ongoing litigation; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company’s
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eXp Realty Pays More Than $230 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2023
The compensation highlights the company’s unwavering commitment to agent success
2024 GlobeNewswire, Inc., source