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eXp Commercial Unveils Game-Changing Groups for Unmatched Advisor Collaboration and Streamlined Deals

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eXp Commercial, a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has launched eXp Commercial Groups to enhance advisor collaboration and streamline deals. The initiative introduces two group structures: Domestic Groups for married couples and Advisor Groups for teams of two or more.

Domestic Groups offer shared commission, caps, fees, and ICON Award eligibility for the primary advisor. Advisor Groups allow teams to maintain their full company dollar cap and split commissions internally. This innovative approach aims to revolutionize commercial real estate, investment sales, and business advisory services by providing tailored support and resources for teams and brokerages.

eXp Commercial, una filiale di eXp World Holdings, Inc. (Nasdaq: EXPI), ha lanciato eXp Commercial Groups per migliorare la collaborazione tra advisor e semplificare le trattative. L'iniziativa introduce due strutture di gruppo: i Domestic Groups per coppie sposate e i Advisor Groups per team di due o più persone.

I Domestic Groups offrono una commissione condivisa, tetti, spese e idoneità per il premio ICON per l'advisor principale. Gli Advisor Groups consentono ai team di mantenere il proprio tetto di fatturato e di suddividere le commissioni internamente. Questo approccio innovativo mira a rivoluzionare il settore immobiliare commerciale, le vendite di investimenti e i servizi di consulenza aziendale fornendo supporto e risorse su misura per team e agenzie.

eXp Commercial, una subsidiaria de eXp World Holdings, Inc. (Nasdaq: EXPI), ha lanzado eXp Commercial Groups para mejorar la colaboración entre asesores y simplificar los acuerdos. La iniciativa presenta dos estructuras de grupo: los Domestic Groups para parejas casadas y los Advisor Groups para equipos de dos o más personas.

Los Domestic Groups ofrecen comisiones compartidas, topes, tarifas y elegibilidad para el premio ICON para el asesor principal. Los Advisor Groups permiten a los equipos mantener su tope de ingresos completo y repartir las comisiones internamente. Este enfoque innovador tiene como objetivo revolucionar el sector inmobiliario comercial, las ventas de inversiones y los servicios de asesoría empresarial al proporcionar apoyo y recursos personalizados para equipos y corredurías.

eXp Commercial은 eXp World Holdings, Inc. (Nasdaq: EXPI)의 자회사로, 고문 간의 협업을 강화하고 거래를 간소화하기 위해 eXp Commercial Groups를 시작했습니다. 이 이니셔티브는 부부를 위한 Domestic Groups와 두 명 이상의 팀을 위한 Advisor Groups의 두 가지 그룹 구조를 도입합니다.

Domestic Groups는 기본 고문을 위한 공유 커미션, 상한선, 수수료 및 ICON Award 자격을 제공합니다. Advisor Groups는 팀이 전체 회사 매출 상한선을 유지하고 내부적으로 커미션을 분배할 수 있도록 합니다. 이 혁신적인 접근 방식은 팀과 중개사를 위한 맞춤형 지원과 리소스를 제공하여 상업용 부동산, 투자 판매 및 비즈니스 자문 서비스를 혁신하는 것을 목표로 하고 있습니다.

eXp Commercial, une filiale de eXp World Holdings, Inc. (Nasdaq: EXPI), a lancé eXp Commercial Groups pour améliorer la collaboration entre conseillers et simplifier les transactions. L'initiative introduit deux structures de groupe : les Domestic Groups pour les couples mariés et les Advisor Groups pour les équipes de deux personnes ou plus.

Les Domestic Groups offrent des commissions partagées, des plafonds, des frais et l'éligibilité au prix ICON pour le conseiller principal. Les Advisor Groups permettent aux équipes de maintenir leur plafond de chiffre d'affaires complet et de partager les commissions en interne. Cette approche innovante vise à révolutionner l'immobilier commercial, les ventes d'investissement et les services de conseil aux entreprises en fournissant un soutien et des ressources sur mesure pour les équipes et les agences.

eXp Commercial, eine Tochtergesellschaft von eXp World Holdings, Inc. (Nasdaq: EXPI), hat die eXp Commercial Groups ins Leben gerufen, um die Zusammenarbeit von Beratern zu verbessern und Geschäfte zu rationalisieren. Die Initiative führt zwei Gruppenstrukturen ein: Domestic Groups für verheiratete Paare und Advisor Groups für Teams von zwei oder mehr Personen.

Domestic Groups bieten eine geteilte Provision, Obergrenzen, Gebühren und die Berechtigung für den ICON Award für den Hauptberater. Advisor Groups ermöglichen es Teams, ihre gesamte Unternehmensobergrenze zu behalten und intern Provisionen aufzuteilen. Dieser innovative Ansatz zielt darauf ab, die gewerbliche Immobilienwirtschaft, den Investmentverkauf und Unternehmensberatungsdienste zu revolutionieren, indem er maßgeschneiderte Unterstützung und Ressourcen für Teams und Makler bereitstellt.

Positive
  • Launch of eXp Commercial Groups to enhance advisor collaboration
  • Introduction of two specialized group structures: Domestic and Advisor Groups
  • Potential for increased efficiency and better results for commercial real estate teams
Negative
  • None.

eXp Commercial Groups offers specialized support and resources for teams and brokerages

BELLINGHAM, Wash., Aug. 02, 2024 (GLOBE NEWSWIRE) -- eXp Commercial, a nationwide virtual commercial real estate brokerage and subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the launch of eXp Commercial Groups, designed to foster growth and collaboration for eXp Commercial advisors and streamline the transaction process for group leaders.

eXp Commercial will now offer teams and brokerages two group structures: Domestic Groups and Advisor Groups. Domestic Groups allow legally married couples to benefit from shared commission, caps and fees, while Advisor Groups allow teams of two or more to keep their full company dollar cap and split commissions within the group.

“eXp Commercial is revolutionizing the commercial real estate, investment sales and business advisory landscape,” said Sean Murphy, SVP of Growth at eXp Commercial. “The launch of these groups is a testament to our unwavering commitment to innovation and our agent-centric approach. We are providing our advisors with the tools and structures necessary to thrive in this competitive industry. The streamlined process and clear policies will enable our teams to work more efficiently and achieve greater results.”

Each group structure has unique guidelines, tailored to meet the needs of eXp Commercial advisors. Domestic Groups offer these benefits: a shared transaction account, access to all commercial tools and ICON Award eligibility for the primary advisor. Advisor Groups enable advisors to keep the full company dollar cap and split commissions within the group.

For more information about eXp Commercial Groups, contact groups@expcommercial.com.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 87,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by FrameVR.io technology, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com.    

Safe Harbor Statement

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 the availability of group offerings. 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 and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com

Investor Relations Contact:
Denise Garcia, Managing Partner
Hayflower Partners
investors@expworldholdings.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dc0b330-ca92-4d9e-9994-c232b153a11d


FAQ

What are the two types of eXp Commercial Groups introduced?

eXp Commercial introduced two types of groups: Domestic Groups for legally married couples and Advisor Groups for teams of two or more advisors.

What benefits do Domestic Groups offer in eXp Commercial's new structure?

Domestic Groups offer shared commission, caps, fees, a shared transaction account, access to all commercial tools, and ICON Award eligibility for the primary advisor.

How do Advisor Groups benefit eXp Commercial teams?

Advisor Groups allow teams of two or more to keep their full company dollar cap and split commissions within the group, enabling more efficient collaboration and potentially better results.

When did eXp Commercial (EXPI) announce the launch of its new Groups initiative?

eXp Commercial, a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced the launch of eXp Commercial Groups on August 2, 2024.

eXp World Holdings, Inc.

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