You probably haven’t heard of real estate business eXp World Holdings (NASDAQ:EXPI), but its recent growth suggests it could soon become a household name. eXp is making waves in the industry by attracting the best real estate agents with generous incentives and a fully digital workplace. The company’s focus on making agents happy gives eXp the keys to achieve high growth in revenue and volume while expanding across the globe.
Getting agents in the door
eXp understands a crucial real estate idea: Having the best agents work for you brings customer satisfaction, customer loyalty, and immense revenue growth. Its unique ability to attract those top agents helped the company grow revenue 183% in the second quarter.
To get the best agents, eXp has to offer the best incentives. eXp charges agents very low start-up fees, along with a generous 80/20 split on the first $80,000 of gross commission income,