The news just keeps getting better for eXp Realty! The agent-owned cloud brokerage is on fire, setting records for: agent attraction, revenue growth, profits and avatars. (James Cameron notwithstanding, of course.) It was a record 2017 Q2 for eXp World Holdings, Inc and the world is starting to take notice.
Revenues in the second quarter of the year grew by an astounding 198%!
The record 2017 Q2 for eXp World Holdings, Inc. earnings were $39.6 million, up from $13.3 million for the same period in 2016. The difference is even more remarkable when it comes to net income, which grew to $3.2 million compared to a $6 million loss the prior year. Most of the growth is being fueled by agent attraction. The number of agents and brokers at the firm exploded from 1,400 on March 31, 2016 to 3,913 by the same date in 2017. As of 8/13/2017, the agent count is up to 4,326 and all signs seem to point to that trend continuing.
This parabolic growth for the agent-owned cloud brokerage is due in large part to the extremely generous revenue share model the company offers its real estate professionals, but there’s more to it than that.
Benefits eXp Realty offers agents and brokers:
The growth is real. The business model is a game-changer. And, you know, you get an avatar!
eXp World Holdings, Inc. is doing to the real estate industry what Netflix did to Blockbuster. No matter what your current brokerage tells you, they will never be able to compete with the benefits that eXp offers. They will always have to pay rent, lights, water, gas, secretaries, janitors, and other staff members at each and every one of their locations. Even if they wanted to share more of their money with you, they couldn’t do it because they have too many bills to pay.
Look, we’re not saying your broker is a bad person or that the company is greedy. We’re simply saying that the business model is outdated and broken.
Less overhead for the company means higher profits. It’s something Netflix saw a long time ago and it has been proven time and time again by companies like AirBnB, Lyft, Uber, Amazon and countless others. eXp Realty was just the first to take that model and successfully apply to the real estate industry on a large scale.
You need to be part of this. Don’t look back when the company has 40,000 agents and brokers in a few years and think, “Damn, I could have joined when there were 4,000 and a lot of these people would be in my downline.”
The record 2017 Q2 for eXp World Holdings, Inc. is just the beginning. You owe it to yourself to Contact Us and find out more information. Read some more of the blogs on this site, go to the YouTube channel, do your research… but do it today. Ask us about our #tothetenthdegree program and how #TeamEYC (Expand Your Commissions) will help you get ten people in your down line and those ten people to also get ten people of their own. (I’m no math expert, but I’m pretty sure that’s 110 people in your downline. And we can help you get there sooner than you could ever imagine.)
We want to help you change your life; all we ask is that you give us 10 minutes to see if it’s a fit for you.